August 2022

Electrofit launches its first electric crate motor for EV conversions

Electrofit, an EV conversion parts company, has introduced its first electric crate motor. The CM100KW1 is a permanent magnet synchronous motor with a built-in inverter, a continuous power rating of 50 kW, a configurable peak power rating of 100-150 kW and a weight of 54 kg. The company says the built-in inverter “significantly reduces cost […]

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Tesla Model Y Long Range delivery wait times in the US get a bit more manageable

Tesla Model Y Long Range reservation holders in the United States may be in for a pleasant surprise. As per recent observations from the EV community, it appears that the waiting period of the Model Y Long Range in the US has been adjusted. A look at Tesla’s configurator for the best-selling all-electric crossover shows

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White Tesla Model Y units are taking over Gigafactory Texas’ holding lots

It appears that Tesla Gigafactory Texas’ paint shop is ramping well. As per recent aerial footage of the complex, it appears that white Tesla Model Y units are starting to populate Giga Texas’ holding lots. Gigafactory Texas is the company’s newest vehicle production facility, and it is also expected to be one of the most

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Tesla $TSLA stock will split 3-to-1 after markets close Wednesday

Tesla (NASDAQ: TSLA) stock is set to split 3-to-1 after markets close on Wednesday. The price of Tesla shares at the end of trading today will be divided by a third, while the number of total shares will triple. On Thursday, Tesla shares will officially begin trading on a split-adjusted basis, which depends on where

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Tesla vs ICE: Used EV prices rose 5X more than combustion-powered cars in July

A recent analysis from automotive search engine service iSeeCars has determined that used EV prices have risen five times more than their combustion-powered counterparts in July. During the month, electric vehicle prices saw an increase of 54.3% year-over-year, while gas-powered cars were up just 10.1%.  According to iSeeCars Executive Analyst Karl Brauer, the rising costs of used electric vehicles

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Lucid factory set to expand three-fold following $113.5M county investment

Lucid Motor’s (NASDAQ: LCID) production facility in Casa Grande, Arizona, is set to expand three-fold after Pinal County purchased 1,400 additional acres of land from 14 property owners for $113.5 million. The Lucid site is currently around 600 acres. The land lease agreement from Pinal County will bring Lucid’s manufacturing site to 2,000 acres in

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Twitter to merge its spam removal and misinformation prevention teams

As the company’s legal battle with Elon Musk deepens, Twitter has reportedly decided to merge two of its teams that are asked to reduce toxic content on the platform. The update comes as the social media company gets challenged not just by potential buyer Elon Musk but also by its former security chief, who alleged

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