Automotive Stories

Nikola faces DoJ and SEC investigation amid allegations of misleading investors

Arizona-based EV-maker Nikola Corp. is under investigation from the Securities and Exchange Commission and the Department of Justice into claims that the...

PSA-Total duo all set to pilot ‘Airbus Battery Project’ in Europe

The Airbus project is an effort to bring the E.V. battery market to Europe. It is backed by France, Germany, and the...

Made-in-China Tesla Model Y is spotted on highway as production wraps up in Giga Shanghai

Tesla Motors all set to launch the made-in-China (MIC) version of the country's Model Y in Q1 2021. However, a test model...

Former Tesla engineer Nick Kalayjian moves to Rivian

Former Tesla Motors employee Nick Kalayjian has switched sides and is now working for EV competitor Rivian as Executive Vice President of...

Conspiracy to hack Tesla Giga Nevada using ransomware uncovered, FBI saves the day

Tesla’s Nevada Gigafactory faced the possibility of being breached by Russian hackers in July-August 2020. Thankfully, the FBI was alerted by the...

EV maker Nikola founder giving personal shares worth $233m to first 50 employees

Arizona-based electric truck manufacturer Nikola Corp is reputed because of its zero-emission vehicle plans. Today, Nikola CEO Trevor Milton gave away 6...

Chinese EV battery maker CATL faces criticism after three GAC electric cars ignite fires

China has seen a string of electric vehicles (EV) catching fire in its streets in recent months. Three prominent instances come to...

China Tesla rival Xpeng employs Blackberry for in-car OS

Canadian tech manufacturer Blackberry is making a return to markets with Automotive tech developer Desay SV. The duo has been employed by...

Porsche’s brand new EV to feature integrated Apple Music in its interface

Supercar-maker Porsche is planning a collaboration with Apple in its first all-electric sports car, Taycan. Porsche is looking forward to integrating Apple...

Tesla Motors plans to roll out China-made Model Y units in early 2021 

Tesla executives told Chinese media sources that the company would start production of made-in-China units of Model Y in early 2021. These...

EV sales surge in South Korea, Hyundai and Kia planning to catch up with Tesla

South Korea formed the latest feeding ground for EV-makers across the world, as Tesla, Audi, and Mercedes-Benz saw significant sales numbers in...

Elon Musk: Tesla Roadster 2 will have one ‘huge’ nut

Elon Musk's Twitter presence made the news again on August 19, 2020, when he replied to a tweet saying, "New Roadster wheels will...

Bloomberg: Elon Musk becomes 4th richest person in the world

At the end of business on Monday, August 17, Elon Musk, thanks to the sharp rise in Tesla share value, took the...

Tesla Korea announces ‘Tesla Ride’ campaign in Seoul

Tesla Korea announced its 'Tesla Ride' campaign in Seoul on August 13. This campaign involves citizens hailing a cab using the Tmap...

Tesla sets up insurance broker company in China to provide better financial services

Tesla Motors set up an insurance broker company in Shanghai on August 6, 2020. According to regulatory filings, it was listed on...

Tesla announces 5:1 stock split to boost individual investment

Tesla Motors announced a stock split of 5:1 on Tuesday, August 11, to make shares available for individual investors who dabble around...

China’s New Energy Vehicle (NEV) production sees first growth in 2020, Tesla tops July EV sales

The production of New Energy Vehicles (NEVs) in China is looking at an upward moving graph as it sees its first growth...

Chinese EV maker Xpeng enters New York Stock Exchange

The Chinese electric-vehicle market is laden with numerous successful companies that have pioneered, developed, and sold many cars. Following the footsteps of...

Tesla opens its doors to Car Wrap service in China

Tesla China's customer service account on Weibo, a Chinese microblogging site, announced yesterday the launch of a Car Wrap service. This service...

Chinese EV maker Xpeng raises $400m, plans for US IPO

Guangzhou-based auto manufacturer Xpeng (Xiaopeng Motors) has reportedly raised $400m while it is looking at an IPO in the USA soon. Xpeng...

Tesla sees competition in South Korea with launch of Audi’s all-electric SUV

Audi launched its first all-electric SUV, the E-Tron 55 Quattro, in South Korea on July 1, and it saw huge success in...

Elon Musk floats possibility of third Tesla factory in USA

While speaking on a podcast on Monday, Elon Musk floated the idea of a third Tesla factory in the USA. Tesla Motors...

Tesla Model 3 success prompts Hyundai to move to electric engines

Tesla Motors seems to be making a strong impression on its Korean consumers, dominating not just the electric vehicle (EV) market, but...

Beijing Authority penalizes Tesla for 50,000 Yuan, questions ad content

Tesla Motors was fined 50,000 Yuan by the Beijing Chaoyang District Market Supervision Authority, reportedly for inaccurate advertising content. It was updated...

LG Chem claims top spot in global EV battery usage, beats CATL and Panasonic

LG Chem of South Korea was reported to be the largest used electric vehicle battery in the world for January-June 2020. Reports...

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