Entertainment

Tesla (TSLA) confirmed that it is increasing its planned capital spending to $10 billion this year as it tries to achieve its next growth phase. Lately, Tesla has described itself as being “between two major growth waves”. The first wave was the ramp-up of Model 3 and Model Y production, which appears to be now

Photo: Octopus Electric Vehicles US Octopus Electric Vehicles just launched DriveFree, a used EV leasing program, and it comes with unlimited free home charging. Octopus Electric Vehicles is part of the UK-based energy tech giant Octopus Energy Group, which first launched Octopus Energy US in Texas in 2020 after acquiring Evolve Energy. To lease and

French automaker Renault just canceled its planned IPO for its EV spinoff Ampere. While the IPO was scheduled for the first part of this year with an expected valuation of up to €10 billion ($10.47 billion), Renault says that market conditions aren’t optimal to make the move. The close of trading today in Europe brought

Hyundai dealerships are modernizing as the brand looks to build upon its growth in the EV market this year. Hyundai’s IONIQ 5 is already a top seller at some dealers. With new electric models rolling out, like the three-row IONIQ 7 SUV, Hyundai has the “whole gamut covered.” Hyundai’s IONIQ 5 is a top-selling EV

Tesla’s chairwoman, Robyn Denholm, has signed a new contract with the company to prepare to sell up to $50 million worth of TSLA stock. Denholm an Australian businesswoman who has long been the head of Tesla’s board of directors. She came to the role after CEO Elon Musk was forced to step down from the

Although we expected to see two new entry-level Kia EVs roll out this year, it looks like it will only be one. According to local media reports, Kia is delaying its EV4 electric sedan until 2025 Kia delaying EV4 electric sedan until 2025 Kia revealed the EV4, alongside the EV3 concept and EV5 compact electric

2023 was yet another pivotal year for EVs as the segment began to expand beyond early adopters and into the early majority. What should come as no surprise to most people is that American automaker Tesla dominated Google Trends search data for EVs last year. Still, gas and hybrid specialist Toyota remained the most searched

Tesla is taking up a fight to defend Elon Musk’s tweet that threatened to remove employee stock options if they decide to unionize all the way to the Fifth Circuit court of appeal. This is coming out of an old fight dating back to the UAW’s last unsuccessful push to unionize workers at Tesla’s Fremont

Apple veteran DJ Novotney is departing the company for a new role at Rivian, according to a report from Bloomberg. Novotney, a vice president of hardware engineering, has spent almost 25 years at Apple and worked across multiple generations of the iPod, the iPhone, the Apple Watch, and more. Novotney is the second Apple executive

Have you ever been in the mood to drive an electric bus, and then thought to yourself, “the only thing that could make this better is if the bus was shaped like a marsupial”? Yea, me neither. At least not until I stumbled upon this precious specimen of a koala bus. It’s not the first

If you want to try the all-electric Ford Mustang Mach-E before buying, you may be in luck. Ford dealers can now use the 2023 Ford Mustang Mach-E as part of its rental car programs. Ford Mustang Mach-E turned into a rental car Ford’s Mustang Mach-E had a record year in 2023. With over 40,700 units

Tesla has announced a new $500 million project to build a giant Dojo supercomputer cluster at Gigafactory New York in Bufallo. Dojo is a new supercomputer designed from the ground up by Tesla specifically to train AI with videos. The project suffered significant delays, but it seemed to be getting some momentum last year as

After announcing 2024 Solterra prices and updates, Subaru made a goof on its press release. Subaru mistakenly said some 2024 Solterra owners will qualify for the $7,500 EV tax credit. But there’s one (major) issue – It’s not built in the US. Subaru “owners” are not eligible for $7,500 EV tax credit Subaru introduced the

A group of hackers found several vulnerabilities that enabled them to hack a Tesla vehicle and they won over $100,000 for their effort. Over the last few years, Tesla has been investing a lot in cybersecurity and working closely with whitehat hackers. The automaker has been participating in the Pwn2Own hacking competition by offering large prizes and

On the heels of unveiling the long-awaited all-electric Porsche Macan SUV, the company’s chief financial officer Lutz Meschke delivered what could be some dreary news, if it happens: He said that Europe’s plan to ban ICE vehicles by 2035 may get pushed back due to a slowing EV demand, reports Automotive News Europe.  “There’s a

The BBC has pulled an episode of Dragons’ Den from iPlayer over concerns about “unfounded claims” that a product could cure ME.  In the episode, which first aired on 18 January, businesswoman Giselle Boxer said she had used “diet, acupuncture, Chinese herbs and ear seeds” to help her recovery from ME (myalgic encephalomyelitis), also known

Italian automaker Maserati is doubling down on its roots and letting the world know that its vehicles will continue to be 100% designed, developed, and manufactured in Italy. That said, some of those Maserati vehicles in the pipeline, particularly the 100% electric ones, continue to face development hurdles. Meanwhile, Stellantis CEO Carlos Tavares is in

Kia’s sporty EV6 GT is getting a facelift. The new EV6 GT was spotted for the first time, boasting an aggressive design update and new Active Air Skirt technology. Kia unveiled the EV6 GT in 2022 as its most powerful vehicle. With 576 horsepower, the high-performance EV can sprint from 0 to 60 sprint in

Elon Musk tried to explain his strange ask for more control over Tesla, which seemingly came with a threat to divert AI products from the automaker to his new startup, during his earnings conference call. It doesn’t look like Tesla shareholders are buying it as the stock crashed by as much as 10% this morning.

Hyundai sold 268,785 EVs last year as demand for the IONIQ 5 and IONIQ 6 picked up. The South Korean automaker plans to strengthen its leadership in the EV market, with new models gaining momentum. Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally.