electric

Tesla Finally Reaches Production Target

Tesla Finally Reaches Production Target

Tesla Inc (NASDAQ: TSLA) announced Monday that it has finally reached its desired production milestone, in the last seven days of Q2, Tesla produced 5,031 Model 3 and 1,913 Model S and X vehicles. Tesla also raised its production target for the Mode..

Uber to pay drivers for switching to electric cars

Uber to pay drivers for switching to electric cars

Uber, one of the biggest ride hailing apps in the U.S., announced on Tuesday its new pilot program to get drivers to switch over to the more environmentally friendly, electric cars. The pilot program, called EV Champions Initiative, plans to deliver..

Daimlers Fight For Dominance in the Electric Car Buisness

Daimlers Fight For Dominance in the Electric Car Buisness

Feeling the heat from Elon Musks all-electric battery powered Tesla Inc (NASDAQ: TSLA) Semi’s revealed in November, German company Daimler (DAI), one of the worlds biggest truck-maker companies and best known for its Mercedes brand, has d..

Honda to Source advanced Electric Car Batteries from GM in North America

Honda to Source advanced Electric Car Batteries from GM in North America

General Motors Company (NYSE: GM), in a press release, has announced an agreement with Honda for new advanced chemistry battery components, including the cell and module, to facilitate both companies’ plans for all-electric vehicles. They clai..

Tesla aims to Reduce Cobalt Dependency in Batteries

Tesla aims to Reduce Cobalt Dependency in Batteries

The most extensive problem facing electric cars is the availability of cobalt, which is used in lithium-ion batteries to build stability and increase safety. However, Panasonic, Tesla Inc. (NASDAQ: TSLA) battery supplier and partner in the Nevada Gi..

GE to Merge Rail Division with Wabtec in $11 Billion Deal

GE to Merge Rail Division with Wabtec in $11 Billion Deal

General Electric Co.’s (NYSE: GE) transportation unit and Wabtec Corporation (NYSE: WAB) announced a merger deal valued at approximately $11.1 billion. The transaction will make Wabtec a Fortune 500 as well as establishing itself as a global l..

Nikola Motors sues Tesla for $2 billion for alleged patent infringement

Nikola Motors sues Tesla for $2 billion for alleged patent infringement

Nikola Motor Co. filed a lawsuit on Tuesday against Tesla Inc. (NASDAQ: TSLA) alleging design patent infringements. Nikola is seeking approximately $2 billion in damages.Nikola said in court filings that Tesla’s electric Semi is “substan..