Well, we knew this was coming, but not the exact magnitude it would entail. Following a scheduled discussion today, Ford of Europe has announced the elimination of 3,800 jobs – mostly in Germany and the UK – as it restructures its business overseas to support EV development. The leaning down also includes a complete rebranding
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Tesla employees at Gigafactory New York, located in Buffalo, say they are “tired of being treated like robots,” and they informed CEO Elon Musk that they seek to unionize. It’s not the first time the automaker has faced unionization efforts, but they have mostly been focused at Tesla’s car factories, and in the US, specifically
Renewable energy retailer Octopus Energy US today announced that it’s going to give Texas electric vehicle drivers cheaper electricity rates when they smart charge their EVs at home. A great deal for Texas EV drivers Octopus Energy customers in Texas can now pair their EVs with “Intelligent Octopus” to automatically find the best, most efficient
Tesla has released an in-depth, impressive look at its latest electric car production line deployed at Gigafactory Berlin, including its new “Godzilla” robot. Gigafactory Berlin and Gigafactory Texas are Tesla’s two latest factories, and they both feature the automaker’s latest manufacturing technology. While Tesla was underestimated as a car manufacturer by the industry for years,
Ford F-150 Lightning manufacturing at Rouge Electric Vehicle Center (Source: Ford) Ford today announced a significant move to LFP batteries for its electric vehicle line. The Dearborn company is tapping China’s CATL first for Chinese LFP batteries and then technology licensing for the previously rumored factory Ford plans to build in Michigan. First, the numbers
Amid new leadership changes, Toyota is reshuffling its business structure, claiming the “time is right” to accelerate battery electric vehicle (BEV) development. Toyota says it will take a new EV-first approach, starting with its luxury brand Lexus. Last week, Electrek reported Toyota’s longtime CEO Akio Toyoda was stepping down from his position amid mounting pressure
Ford is expected to announce today a new LFP battery factory in the US in partnership with China’s CATL. The automaker has called a press conference this afternoon where it is expected to give an update on how it plans to scale its electric vehicle business. As part of the announcement, it is now expected
Tesla has secured a massive new 1 GWh Megapack order for a large-scale energy storage project in Canada. Back in 2019, Tesla launched the Megapack; it was Tesla’s third stationary energy storage product after the Powerwall and Powerpack. A single Megapack unit is a container-sized “3 MWh battery system” with integrated modules, inverters, and thermal systems.
Tesla is preparing to launch its new Autopilot hardware 4.0 upgrade, according to a filing with European regulators. The automaker is expected to announce a new Autopilot/Self-Driving hardware suite, which has been referred to as Hardware 4.0 (HW4), any day now. There have been quite a few indications that some major changes are coming. For
Tesla is again adjusting pricing for its electric vehicle in the US – making it the fourth time in just over a month. It’s starting to be difficult to keep up with Tesla’s price changes lately. As we previously reported, Tesla started the month by implementing drastic cuts across its entire EV lineup, with Model Y
Subaru has issued another recall on its first electric car, the Solterra, due to undertorqued hub bolts, related to the previous recall which encompassed both the Solterra and bZ4X. 1,182 cars are affected, and Subaru has told owners not to drive their cars until the issue can be resolved. Subaru says the issue was caused
A Tesla Full Self-Driving Beta smear campaign is reaching a whole new level as it is going to have a Super Bowl ad, according to the people behind the campaign. Last year, we reported on Dan O’Dowd, a self-described billionaire and founder of Green Hills Software, a privately-owned company that makes operating systems and programming tools. O’Dowd had
Tesla has hired a new general counsel, a position that has been historically superhard to fill for the automaker. Tesla is often described as having high turnover, which has been especially true for its top lawyers. Elon Musk surprised many when he hired his personal divorce lawyer, Todd Maron, to be Tesla’s general counsel (he
The once-promising strategic partnership between Ford and Rivian is “nearly complete” after a new SEC filing shows Ford trimmed its stake to just 10.5 million shares in 2022. Ford trims Rivian stake to a mere 1.15% ownership The partnership began in 2019 after Ford invested $500 million in Rivian, marking a key milestone in the
Tesla is preparing to expand its insurance business internationally – starting with insurance products in the United Kingdom. The automaker originally introduced its own insurance product in California, but it didn’t utilize real-time driving data or Tesla’s safety score, which had been the original goal. Before expanding its insurance product to other markets, Tesla wanted
Following a recent supervisory board meeting, Volkswagen Group has announced a major shift in its electrification strategy to expedite EV production over the next five years. Additionally, the German automaker intends to revamp its software strategy in support of the effort. Software issues have had a huge effect on Volkswagen’s EV output up to this
Redwood Materials just got a $2 billion conditional loan from the US Department of Energy to expand its factory near Reno, Nevada, where it will manufacture EV batteries from an increasing amount of recycled content. In a US first, Redwood will produce 100 GWh annually of ultra-thin battery-grade copper foil and cathode-active materials from both
Tesla is slightly raising the price of the base Model Y in China after an important price cut last month resulted in a significant increase in orders. Last month, we reported on Tesla slashing prices in China, which raised demand concerns for the automaker in the important EV market. The price drops on some Model 3
During a presentation at the Chicago Auto Show earlier today, Hyundai Motor North America has introduced a new month-to-month EV subscription program called Evolve+, aimed at “EV curious” consumers. The all-encompassing monthly price includes the EV itself, plus insurance, roadside assistance, and maintenance. This turnkey option will begin with a couple of Hyundai brand EVs
Tesla Semi program manager, Guthrie Gintzler, explained his pitch to fleet managers and the importance of electric trucks to reduce emissions from the transportation sector. Gintzler joined Tesla in 2016 as an intern, but he quickly rose through the ranks and was made program manager of Tesla Semi last year. He has an interesting educational background,