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Electric vehicle startup Lucid Motors announced a SPAC deal to go public with over $4 billion in cash injection to accelerate its plan. Over the last few months, Lucid had been rumored to be in discussions with Churchill Capital Corp IV, a special purpose company created to make a reserve merger SPAC deal. Today, they have confirmed the deal, which will be bringing $4.4 billion in cash to Lucid…

Someone managed to get a first look inside a new Tesla Model S refresh, showing the first unpolished look inside the new electric vehicle. Last month, Tesla officially unveiled the new Model S and Model X refresh.  The unveiling of the new vehicle was somewhat strangely on the sidelines of the release of its Q4 and full-year 2020 earnings. Tesla didn’t do an official release of the updated…

DHL Freight and Volvo Trucks have recently announced a partnership to eventually implement heavy-duty electric trucks in Europe. The agreement includes exclusive, pilot tests of a fully electric Volvo FH truck. To begin, the truck will travel between two DHL Freight logistics terminals in Sweden beginning next month. Volvo’s electric FH truck will begin trials with DHL According to Volvo…