tesla Tesla Achieves 100% Leather-Free Interior in Model 3 Tesla fulfills its promise to remove all leather from the Model 3 interior, including the previously problematic steering wheel. The shift comes after years of gradual changes driven by activist pressure.
volkswagen Volkswagen Considers Production for Playful All-Electric ID Buggy Volkswagen showcases its modular MEB electric platform with the sunny, open-air ID Buggy concept, and reveals ongoing talks to bring the beach-ready vehicle to production.
tesla Tesla Reports Wider Than Expected Q2 Loss Despite Record Deliveries Tesla shares drop after the electric car maker posts an adjusted loss of $1.12 per share, missing analyst expectations. The company maintains its full-year delivery guidance of up to 400,000 vehicles.
tesla Tesla Posts $6.3 Billion Q2 Revenue Despite Wider-Than-Expected Losses Tesla releases its second-quarter 2019 financial results, showing a significant revenue increase alongside a cash reserve that reaches a record high. However, a larger-than-anticipated loss per share causes the stock to drop in after-hours trading.
xpeng Xpeng Views Nio's Stock Slump as a Cautionary Tale for EV Startups Chinese electric vehicle startup Xpeng takes Nio's recent financial struggles and stock drop as a wake-up call to prioritize capital efficiency. The company focuses on mass-market vehicles to avoid the heavy spending that plagues its luxury-oriented competitor.
tesla Tesla Plans Massive Chip Retrofit for Older Vehicles Tesla CEO Elon Musk announces that the company will likely begin retrofitting older models with its new custom self-driving computer late in the fourth quarter. The hardware upgrade comes at no cost to customers who previously purchased the Full Self-Driving software package.
toyota Toyota Tests High-Efficiency Solar Roof That Charges EVs While Driving Toyota and its partners are testing a highly efficient solar cell system for electric vehicles that can recharge the battery while the car is in motion.
tesla Tesla Bounces Back With Record 95,200 Vehicle Deliveries in Q2 Tesla delivers a record-breaking 95,200 electric vehicles in the second quarter, easily beating analyst expectations and recovering from a disappointing first quarter. The company also reports improved production numbers and streamlined logistics.
tesla Tesla Breaks Global Delivery Record With 95,200 Vehicles in Q2 Tesla officially reports a new global delivery record of approximately 95,200 vehicles for the second quarter of 2019. This milestone represents a 51% increase over the previous quarter and pushes the company's stock price up by 8%.
ola Ola Electric Reaches Unicorn Status After $250M SoftBank Investment Ola Electric secures $250 million in a Series B round from SoftBank, reaching a $1 billion valuation to expand India's electric vehicle infrastructure. The funding supports the country's ambitious goal to convert 40% of its fleet to electric by 2026.
bmw BMW Partners With Hans Zimmer to Craft Electric Vehicle Sounds Legendary film composer Hans Zimmer teams up with BMW to design unique acoustic signatures for the automaker's upcoming electric vehicles. The partnership aims to deliver an emotional driving experience as BMW accelerates its EV rollout to 2023.
volkswagen Volkswagen Debuts WeShare Electric Car-Sharing Service in Berlin Volkswagen launches WeShare, an all-electric, free-floating car-sharing service initially deploying 1,500 e-Golf vehicles in Berlin. The company plans to expand the fleet and bring the service to other European cities in 2020.
lightyear one Dutch Startup Lightyear Unveils First Long-Range Solar-Powered EV Lightyear reveals a prototype electric car that harvests energy directly from the sun to achieve a 450-mile range. The vehicle aims to reduce reliance on the power grid despite its hefty price tag.
nobel prize Lithium-Ion Battery Pioneers Win 2019 Nobel Prize in Chemistry Three scientists receive the 2019 Nobel Prize in Chemistry for developing the lightweight, powerful lithium-ion batteries that power modern electronics and electric vehicles.
ferrari Ferrari Enters the Electric Era With 1,000-Horsepower SF90 Stradale Ferrari introduces the SF90 Stradale, its first plug-in hybrid vehicle that combines a V8 turbo engine with three electric motors to produce nearly 1,000 horsepower.