Unlike Tesla, GM confirms it has no plans to invest in bitcoin

In a statement during General Motors’ fourth-quarter earnings call on Wednesday, CEO Mary Barra confirmed that the veteran American automaker has no plans to invest in bitcoin. Barra noted that for now, GM would be monitoring customer demand as it weighs its options about whether it would accept the cryptocurrency as a form of payment […]

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Tesla Giga Berlin construction work to continue with another pre-approved permit

Tesla Giga Berlin may receive another pre-approved permit soon, according to Brandenburg’s Minister of Environment Axel Vogel. The early permit will allow Tesla to install more parts in Giga Berlin’s existing infrastructure or buildings, particularly equipment in the body shop, the casting facility, and the paint shop Elon Musk has been excitedly talking about since […]

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Tesla Cybertruck rival Ford F-150 EV hits speed bump as battery supplier gets 10-year US ban

The ramp of the Ford F-150 Electric, the veteran automaker’s response to upcoming electric trucks like the Tesla Cybertruck, Rivian R1T, and the Hummer EV, has hit a speed bump. SK Innovation, the automaker’s battery supplier, received a 10-year import ban in the United States over allegations of theft from fellow South Korean battery firm […]

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Repsol and IBIL develop the first EV charging station with energy storage in Spain

Repsol and IBIL have developed the first EV charging station for electric vehicles that incorporates energy storage at a Repsol service station on the N-I highway as it passes through the Basque town of Tolosa, in the province of Gipuzkoa. For this dev…