April 2022

Elon Musk sells $8.5bn in Tesla shares following Twitter acquisition

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Tesla CEO Elon Musk sold $8.5 billion worth of his electric automotive company’s stock following his acquisition of social media platform Twitter this week. Filings with the Securities and Exchange Commission reveal Musk sold around $3.3 billion worth of Tesla stock on Tuesday and another $654 million worth on Wednesday. Friday morning revealed more filings […]

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First-generation Kia Niro EV continues as zero-emission taxi special for home Korean market

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As a redesigned, second-generation 2023 Niro lineup ramps up for a fall arrival at U.S. dealerships, Kia isn’t just discontinuing the first-generation Niro EV. Instead, the much-loved first-gen Niro EV, which would likely have been Green Car Reports’ Best Car To Buy had it been more widely available from the start, is seeing a (new)…

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Tesla is now more profitable than Ford and GM despite selling far less vehicles in Q1

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Tesla may be the rising star of America’s automotive sector, but for the longest time, Detroit giants General Motors and Ford have held significant advantages over their younger rival. Ford and GM still tend to deliver far more vehicles per quarter than Tesla, and they also tend to earn more money than the EV maker.

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VW-BP project will add thousands of space-saving “Flexpole” urban fast-chargers in Europe

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Volkswagen and oil giant BP on Thursday announced a partnership to install up to 8,000 urban charging stations across Europe by 2024. The project will use VW’s Flexpole 150-kw DC fast-charging stations, which can be installed at low-voltage grid points without the need for the dedicated high-voltage hardware of conventional fast-charging stations… Source: Green Car

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Tesla’s Track Mode “recall” for the Model 3 Performance extends to the US

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Following an announcement from China’s State Administration for Market Regulation (SAMR), the National Highway Traffic Safety Administration (NHTSA) issued a recall for over 48,000 Tesla Model 3 Performance in the United States. The recall aims to fix an issue with the high-performance vehicles’ speedometer when Track Mode is engaged.  As per the NHTSA’s Safety Recall

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EV Charge Solutions opens new manufacturing facility in Chili, New York

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EV Charge Solutions, a division of Moser Services Group, has opened its second location, a new manufacturing facility at the Genesee Valley Regional Market Complex in Chili, New York. The company produces EV charging equipment for several major EVSE manufacturers, as well as its own PowerCharge brand. The newly constructed 10,000-square-foot facility provides four times

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