Tesla Energy’s low-key ramp continues to change lives across the globe

Tesla’s Energy business, while not attracting as many headlines as the company’s electric car division, continues to expand its reach. While some of Tesla Energy’s projects fly practically under the radar, the company’s lithium-ion battery storage units have, quite literally, changed lives across the globe. When Tesla announced its first quarter results last week, the […]

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No more Smarts in North America

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At the end of the current model year, Daimler is to ends sales of the Smart in the USA and Canada, where the small car has only been available with an electric drive since 2017. In addition, Smart-Chefin Katrin Adt will assume a new management position within the Group as of July 1. Smart’s withdrawal […]

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Faraday granted bridge financing of 225 million U.S. dollars

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Faraday Future, an electric car startup in crisis, has received bridging financing of up to 225 million dollars from the U.S. commercial bank Birch Lake Associates to complete the development of its FF 91 model and prepare for series production. The financing will also be used to pay outstanding debts. There is talk of paying […]

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