Glencore and Stellantis Back $1B SPAC Deal for Nickel and Copper Mines in Brazil
Global mining company Glencore, automaker Stellantis, and Volkswagen’s battery unit PowerCo are supporting a $1 billion acquisition by SPAC fund
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Electric Vehicles
New Study Shows People Are Increasingly Interested In EVs, They’re Just Not Buying
Electric vehicle manufacturers are facing a significant challenge as the supply of EVs surpasses demand, according to a recent industry
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Tesla Reveals Sourcing EV Battery Materials Directly From Mines
Tesla (NASDAQ: TSLA) recently revealed its unusual strategy of purchasing materials for electric vehicle battery production – lithium, nickel, and
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Is Ford EV Demand Weakening?
In a recent Twitter thread, an individual known as CarDealershipGuy claimed that Ford’s electric vehicle sales were experiencing a significant
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Toyota Claims EV Battery Breakthrough: 10-Minute Charge For 1,200km
Toyota, the world’s second-largest carmaker, has announced a significant technological breakthrough in battery development that could revolutionize the electric vehicle
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Volkswagen Cuts EV Production As Demand Falls, Pressure To Electrify Intensifies
Volkswagen, the UK’s most popular car manufacturer, has made the unprecedented decision to scale back production of electric vehicles (EVs)
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Lordstown Motors Plummets 60% After Bankruptcy Filing And Foxconn Lawsuit
Lordstown Motors Corp (Nasdaq: RIDE), the U.S. electric truck manufacturer, has filed for bankruptcy protection and initiated the process of
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Ford CEO Isn’t Worried About Tesla’s Fancy Cybertruck: “I Make Trucks for Real People”
During an interview on CNBC’s Mad Money, Ford CEO Jim Farley dismissed concerns that Tesla’s upcoming Cybertruck would pose a
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GM and Samsung SDI Partner for $3 Billion EV Battery Plant in Indiana
General Motors (NYSE: GM) and Samsung SDI have announced plans to construct a new EV battery cell plant in New
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1,200km Range On A 10-Minute Charge? Toyota Reveals Plans to Dominate EV Battery Market
Toyota Motor Corporation is set to establish its dominance in the electric vehicle (EV) battery market with a series of
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