Tesla begins the year 2020 with a bang. This month Tesla‘s stock prices reached a new high of close to $500 per share, which is more than twice the level it was around three months ago. In effect, also the company’s stock market value shot to a new high of more than $88 billion, which…
General Motors and LG Chem announced today a partnership to mass-produce battery cells for future battery-electric vehicles. The companies intend to invest up to $2.3 billion through a new, equally owned joint venture company, which will establish a battery cell assembly plant in the Lordstown area of Northeast Ohio. The plant is expected to create…
With its concept of pickup and SUV bodies perched upon an electric “skateboard” technology, Rivian may be the buzziest EV startup since Tesla. The company has been wowing autoshow onlookers and grabbing headlines for major partnerships, tech luminary praise, and novel features of its electric vehicles aimed at adventurers. A Rivian pickup with a range…
