Dearborn-based Ford Motor Co F sold 30,176 electric vehicles in the fourth quarter in the U.S., taking its EV sales for the whole year to 97,865 units. What Happened: While Ford’s annual EV sales in the U.S. couldn’t breach the […]
Karl Brauer of iSeeCars on Friday said that he does not believe Tesla Inc. TSLA can achieve Elon Musk’s target of 20% to 30% sales growth in 2025 even with a lower-priced model. What Happened: “The ramp-up time just to
Elon Musk‘s rocket manufacturing company SpaceX is looking to deploy 10 model Starlink satellites during the upcoming test flight of its Starship launch vehicle in a bid to demonstrate its capabilities in the satellite launch segment, the company said on
SpaceX To Deploy Model Starlink Satellites On Upcoming Starship Flight Test Read More »
Uber Technologies UBER CEO Dara Khosrowshahi resigned from the board of autonomous vehicle technology company Aurora Innovation AUR, effective Dec. 31, the latter said in a regulatory filing dated Friday. What Happened: The resignation was not a result of any disagreement between
A group of Tesla Inc. TSLA shareholders, including Cathie Wood‘s Ark Investment Management LLC, are reportedly appealing the Delaware Chancery court’s decision to block Elon Musk‘s $56 billion pay package at the EV company. What Happened: Florida shareholders Ark Ivestment
General Motors GM said on Friday that it sold nearly 44,000 electric vehicles in the fourth quarter of 2024 with the help of new vehicle models, effectively overtaking rival Ford Motor Co. F which has been hesitant to add new
While 2024 witnessed Tesla Inc.’s TSLA vehicle deliveries fall year-on-year for the first time, its energy storage deployments hit new highs. What Happened: The EV company said on Thursday that it deployed 31.4 GWh of energy storage products in 2024,
Chinese EV giant BYD Co Ltd BYDDY BYDDF overtook Tesla Inc TSLA yet again as the world’s biggest battery electric vehicle (BEV) seller in the fourth quarter of 2024. What Happened: Tesla reported on Thursday that it delivered 495,570 BEVs
Tesla Inc.’s TSLA Cybertruck now qualifies for $7,500 electric vehicle consumer tax credits, the U.S. government confirmed on its fueleconomy.gov website. What Happened: Upon taking delivery of the Cybertruck this year, customers can get an EV tax credit of $7,500 on
Chinese EV maker and Tesla Inc. rival XPeng XPEV will reportedly hire over 6,000 workers in the coming year. What Happened: XPeng will hire more than 6,000 workers in 2025 in light of the increased competition expected next year, Reuters
