LG Energy Solution is re-evaluating its $1.3B battery plant investment in Arizona

As a result of unprecedented economic conditions, South Korean battery manufacturer LG Energy Solution Ltd. (LGES) is reportedly reevaluating a $1.3 billion investment plan for a factory in Arizona. In response to the soaring demand for electric vehicles across the United States, LG Energy Solutions announced that it would construct a $1.4 billion battery production […]

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Tesla Giga Texas’ Model Y production is hitting its stride: report

It appears that Tesla’s Model Y production ramp in Gigafactory Texas is moving along well. As per recent reports, Tesla’s newest electric vehicle production facility has reportedly ramped its output to thousands of vehicles per week. That’s an impressive milestone, especially considering that the facility was just opened last April.  Tesla recently caught some headlines […]

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Hyundai Ioniq 6 revealed, Rivian fast-charging, Siemens and Electrify America: Today’s Car News

The Hyundai Ioniq 6 electric sedan carries the Prophecy concept’s sleek and stunning look to production. And we have a couple of pieces of good news about charging-network investment. This and more, here at Green Car Reports. Hyundai has revealed…

Tesla Model 3 Uber driver doubles tips and sees big gas savings after ditching Camry

Tesla’s electric vehicles are becoming a big hit among Uber drivers. One driver, Heidi Barnes from California, recently noted that she has more than doubled her tips since she ditched her Toyota Camry for a Tesla Model 3.  Barnes had been driving for Uber for some time, but with the recent hike in gas prices, […]

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Rivian deploys first DC fast chargers as part of Adventure Network for electric trucks

Rivian on Monday announced the first three DC fast-charging sites for its Adventure Network supporting the R1T electric pickup truck and forthcoming R1S electric SUV. The three sites open in California and Colorado this week, Rivian said in a press rel…

Citi trims Tesla (TSLA) estimates as Wall Street tempers Q2 expectations

As Tesla (NASDAQ:TSLA) approaches the end of the second quarter, Citi Research analyst Itay Michaeli has cut his forecasts for the company. In a note on Tuesday evening, the Citi analyst updated his model to reflect headwinds from Tesla’s business in China. Tesla China’s pace was disrupted by a substantial margin in the second quarter […]

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