IKEA is collaborating with Volkswagen’s Electrify America in a move that will quadruple the number of electric vehicle chargers across its United States locations. The partnership will accommodate both passenger and commercial fleets as Electrify Commercial is also a part of the deal. The Swedish furniture company announced today that it would install more than […]
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Tesla’s Full Self-Driving suite faces yet another critic in Ralph Nader, an Independent political activist who ran for President on four occasions. Nader released a statement on Wednesday, calling for federal regulators to “act immediately to prevent the growing deaths and injuries from Tesla manslaughtering crashes with this technology.” “Tesla’s major deployment of so-called Full […]
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FedEx is testing the Ford E-Transit as a delivery vehicle for its SameDay City delivery service, the company announced. The program will assess the E-Transit’s effectiveness as a delivery van while also being an introductory part of FedEx’s plan to have zero tailpipe emission vehicles across its fleet by 2040. Initially, FedEx is testing ten […]
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Nikola Corporation (NASDAQ: NKLA) has announced it will name Michael Lohscheller as company CEO, effective January 1, 2023. Current CEO Mark Russell will retire at the end of the year and named Lohscheller his successor. Lohscheller will assume Russell’s position and assume a position on the company’s Board of Directors on January 1. Additionally, while […]
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Lucid Motors (NASDAQ: LCID) is planning to expand its AMP-1 production facility in Casa Grande, Arizona, with construction starting in 2023, documents show. Lucid is set to begin construction on the third phase of its AMP-1 production plant sometime in 2023, with the project extending into 2024 and “possibly into 2025,” Teslarati learned. Lucid’s current […]
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Tesla’s focus on quick and efficient service visits with inspiration from Formula 1 pit crews is bringing closure to the company’s offering of loaner vehicles and Uber credits for same-day fixes. Tesla’s Service Centers are strategically placed across the country and allow owners to receive repairs from technicians trained by the company. However, Tesla’s Service […]
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Lucid Group launched a new “Stealth Look” option exterior design theme for its Air electric vehicle that brings a new “darker and overtly sporting personality” to the car. Available on Lucid’s Air Grand Touring Performance, Air Grand Touring, and Air Touring configurations, the new changes to 35 of the vehicle’s exterior components bring a darker […]
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Tesla (NASDAQ: TSLA) announced that it would perform its 3:1 stock split in the form of a stock dividend after the close of trading on August 24. Trading will begin on August 25 on a stock split-adjusted basis. “Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a three-for-one split […]
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Lordstown Motors (NASDAQ: RIDE) reaffirmed its plans to start production of the Endurance all-electric pickup during the third quarter of 2022 while reporting its Earnings for Q2 earlier this week. In the company’s Q2 Shareholder Deck, it listed several outlooks for the future as Lordstown has struggled to begin production of the pickup. Struggling with […]
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Nikola Corporation (NASDAQ: NKLA) said on Thursday that it delivered 48 of its Class 8 all-electric trucks in the second quarter and reported revenue and adjusted loss per share figures that beat Wall Street expectations. “Our momentum continued during the second quarter as we began delivering production vehicles to dealers and recognizing revenue from the […]
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