Lucid is running a rally event to kick off Air deliveries on October 30

Early Lucid Air customers can start getting their Dream Edition cars on October 30. To commemorate the first deliveries of its all-electric luxury sedan, Lucid is holding a “Dream Delivery” event—which includes a rally segment. Lucid has struggled to put the pieces together for the last few years. Delay after delay, it was a slow …

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Tesla’s market cap surpasses $1 trillion for the first time

Following Hertz’s announcement that they would be ordering 100,000 Tesla EVs for their rental lineup, Tesla (TSLA) shares rocketed up past $1,000. Tesla is coming out of one of their best quarters ever and continues to take over the electric auto market with unbridled ferocity. The Tesla Model 3 has already become the single best-selling …

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Hertz invests in record-setting 100,000 Tesla order, launches new campaign with Tom Brady

Placing an order for 100,000 Teslas earlier this morning, car rental company Hertz is now on the path to lineup-wide electrification. Hertz is also launching its new “Hertz, Let’s Go” campaign, emphasizing how quickly customers can access a rental Tesla. The company aims to have the entire Tesla order completed and delivered by the end …

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BMW begins mass production of their all-electric BMW i4 Gran Coupe

German automaker BMW has begun mass production of their BMW i4 electric car in Munich. Marketed as a sporty all-electric four-door coupe, or Gran Coupe, the forthcoming BMW i4 will be available in two primary configurations. These would be the eDrive40 and the M50.  Both the eDrive40 and the M50 variants will come equipped with …

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Tesla aims to triple its Supercharger network within the next two years

Tesla has announced that they intend to triple the size of their Supercharger network within two years. The topic came up during their Q3 2021 earnings call. Investors inquired about the prevalent congestion issues when it comes to Tesla Superchargers stationed around the world. Read more: Tesla Model Y: Everything you need to know The …

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Tesla testing new Cybertruck prototypes, vehicle could arrive earlier than expected

Mere days after removing the Cybertruck’s pricing and specifications from its website, Tesla has announced that they are testing new Cybertruck prototypes. During its Q3 earnings release, Tesla was approached about the status of their upcoming Cybertruck. To this, the company confirmed that they have built a number of alpha Cybertruck prototypes and are currently …

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China’s Xiaomi Corporation set to mass produce own electric cars in H1 2024

Chinese tech giant Xiaomi is ready to roll out the red carpet for their new electric car brand, Xiaomi EV. At an investor event today, the company announced that they will begin manufacturing their first electric car in the first half of 2024. They are expected to release a new model in each of the …

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