February 2022

SpaceX wins launch contracts for three more Launcher space tugs

Startup ‘Launcher Space’ has chosen SpaceX to launch at least three more ‘Orbiter’ space tugs, meaning that the company will have a payload on every dedicated SpaceX rideshare launch planned from Q4 2022 to the end of 2023. Following SpaceX’s third successful dedicated rideshare launch in January 2022, the company has another two missions – […]

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Tesla gets first place in inaugural Industrial Digital Transformation Report

ARC Advisory Group, a technology and research firm founded in 1986, recently released its inaugural Industrial Digital Transformation Top 25 special report. The report analyzes companies across several industries and ranks them based on how well they excel at integrating digital technologies in all areas of their business. Tesla took the number one spot in

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Ford CEO Jim Farley shares insights on “unreasonable” EV dealer markups

Ford held its fourth-quarter and full-year earnings call last week, where CEO Jim Farley addressed, among other things, the price markups dealers were placing on electric vehicles.  “We don’t like making our customers wait and we’re taking action to ensure that they don’t pay unreasonable markups,” said Ford CEO Jim Farley.  Brian Johnson, an analyst

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Tesla battery supplier LGES confirms 4680 cell development, posts $3B revenue for Q4 2021

LGES told Teslarati that it is working to diversify its cylindrical battery lineup and is developing 4680 batteries. The battery manufacturer did not disclose any client-related matters, specifically regarding 4680 batteries. However, the Korean battery supplier is a confirmed Tesla partner.  LGES reported a quarterly revenue of KRW 4.44 trillion ($3 billion), up 10.2% from the previous

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US DOT: Federal funds for EV infrastructure will start to flow this year

The Infrastructure Investment and Jobs Act, aka the Bipartisan Infrastructure Deal—whatever you call it, it provides a plentiful pot of federal funding for EV charging infrastructure. When Charged spoke with former EPA official Margo Oge in January about the policy, we asked her how long it would take before the money starts to flow. “I

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Global Electric Vehicle market size to swell by five-times to $823.74B by 2030: study

A new study suggests that the global electric vehicle market will multiply in valuation by five times by 2030, based on new data acquired by Allied Market Research. The 2020 EV market size was valued at $163.01 billion, a sizeable figure considering the sector’s relatively low share compared to that of combustion engine vehicles. With

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