Tesla Energy’s solar and battery systems are hitting major milestones

The full potential of Tesla’s first-quarter in 2020 may have been limited by the outbreak of the coronavirus, but this hasn’t stopped the company’s Energy business to hit several important milestones. As indicated in the Q1 2020 Update Letter, Tesla Energy saw significant progress in the company’s solar and battery storage products. Tesla’s flagship solar […]

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SK Innovation Increases Planned Investment in U.S. EV Battery Business to $2.5 Billion

SK Innovation announced plans for additional investment in its U.S. battery business, following approval by the SK Innovation Board of Directors to fund the start of construction of a second electric vehicle battery plant in Georgia. SK Innovation plan…

Ford cans Rivian-based electric Lincoln amid report of $3 billion first quarter loss

Ford cans plans for all-electric Lincoln using Rivian skateboard platform, reporting $US2 billion loss in its 2020 first quarter earnings.
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