BYD and Daimler increase spending on Denza

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China’s BYD and Daimler will put more money behind their joint electric vehicle venture Denza in China as they increase their investment. Both will add another 400 million RMB, (about 53M euros) in order to build on production and service. The total of 800 million yuan or over 100 million euros serves BYD and Daimler […]

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Tesla Gigafactory 1 expands with massive new lot as site activity increases

Aerial photographs obtained by Teslarati have revealed that Tesla’s expansive new parking lot in Gigafactory 1 is practically complete. As seen in the latest images, which we obtained on June 1, Tesla is done overlaying its new lot with asphalt, and numerous electric posts now stand in the area. Tesla started moving the land north […]

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