EV sales in China increase as 2020 ends

China’s largest electric car manufacturers have released their December 2020 sales figures, taking stock of the year as a whole. Towards the end of 2020, BYD and WM Motor both made gains, as did Nio and Xpeng Motors. The latter duo posted new sales records for December. Turning first to the overall market, while the […]

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Rivian scores in new financing round

Electric car startup Rivian is reportedly close to closing a multi-billion dollar financing round. According to a media report, the new investments are expected to bring Rivian a valuation of 25 billion US dollars (around 20 billion euros). As the financial service Bloomberg writes with reference to insider circles, several existing Rivian investors are also […]

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Honda & GM’s EV plans are becoming concrete

Further details have now emerged about the North American auto alliance announced by General Motors and Honda involving among other things,  vehicle platforms including those for electric cars. An insider report from the US claims there are already concrete schedules and plants for the electric Honda models. The news website Automotive News refers to insiders […]

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Tesla (TSLA) stock gets new street-high price on clear path to millions of electric car sales per year

Tesla’s (TSLA) stock has received a new street-high price target of $810 per share from Morgan Stanley on a clearer path to selling millions of electric cars per year.
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Lightning eMotors Delivers First All-Electric Motorcoach to ABC Companies, Receives Order for 200 Zero Emissions Vehicles

Lightning eMotors today announced a $45 million order for its zero-emission powertrain systems from Faribault, Minnesota-based motorcoach supplier ABC Companies. The first zero-emission motorcoach was delivered in December. The order includes a mix of …

SpaceX settles on Thursday for first Falcon 9 launch of 2021

After a few days of delays, SpaceX appears to have settled on Thursday, January 7th for the first of several dozen Falcon 9 launches planned in 2021. Originally scheduled to launch as early as January 4th, SpaceX’s Turksat 5A communications satellite launch was “placed TBD due to mission assurance” on January 1st – an unfortunate […]

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The Boring Company’s Las Vegas Loop stations are nearly complete

Camera shots from The Boring Company Las Vegas Convention Center (LVCC) Loop’s construction sites reveal that asphalt has been laid outside the terminal entrances of each station. It appears that the LVCC Loop is in the final stages of construction and will be ready to ramp Tesla vehicle testing soon. Based on live video streams […]

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