Rivian electric vans for Amazon spotted being tested on Detroit roads
While Rivian's electric pickup trucks and SUV deliveries are delayed, electric vans are on time. Currently,...
Ford’s earnings in first-half of 2021 shows revenue increase but net income drops
Ford saw an operating costs loss everywhere except in North America. Revenue jumped from 37% to...
Droom raised $200Mn in first phase of pre-IPO round at $1.2Bn valuation
Droom, an online automobile marketplace, has finished the first phase of its pre-IPO fundraising round worth...
Nikola founder Trevor Milton is indicted for fraud against investors
Source: CNN Nikola Corporation is an American company founded by billionaire Trevor Milton. The company has...
Consumers to spend more money on vehicles than ever before in July
According to the president of the data and analytics division at J.D. Power, Thomas King, "Consumers...
Tesla Co-founder’s battery recycling firm keeping up with growing market
Tesla co-founder J.B. Straubel founded the battery recycling firm, Redwood Materials. The firm announced a $700...
Bhavish Aggarwal “strongly disagree” with Elon Musk’s demand over EVs import tariff
Tesla's demand for a lowering in tariffs on imported electric vehicles has provoked a response from...
Indian Govt may lower import duty on EVs, If Tesla joins ‘Make in India’ initiative
The Indian Government is willing to reconsider reducing import duties if Tesla agrees to build electric...
Tesla rewriting software wouldn’t be enough anymore to deal with chip shortage
Almost every EV manufacturer except Tesla was affected by chip shortage until recently when Elon Musk...
SEBI approves CarTrade’s IPO to raise Rs. 2,000 crore
The Securities and Exchange Board of India (SEBI) approved CarTrade Tech's Initial Public Offering (IPO) on...