A Delaware judge has sided with Tesla shareholders who filed a lawsuit claiming that Elon Musk unjustly secured a $55 billion CEO compensation plan. The plan is now voided by the court.
It’s unclear what will come out of this unique situation where Musk could potentially have to give back billions of dollars worth of Tesla shares.
In 2018, Tesla shareholders voted for Elon Musk to get a…
Polestar’s first electric SUV, the Polestar 3, is expected to begin rolling out in the US in the next few months. Ahead of its debut, Polestar is already offering a massive $7,500 purchase incentive on a lease of the new electric SUV.
Polestar offers $7,500 discount…
GM 'all-in on EVs' goes back to plug-in hybrids amid setback with its electric car plans
February 1, 2024
General Motors claimed that it is “all-in on electric vehicles” for years, but today, CEO Mary Barra confirmed that the automaker is changing strategy and going back to plug-in hybrids amid setback in its electric car plans.
In 2019, GM killed the Chevy Volt, its…
Volvo delays EX30 SUV due to software glitches
January 31, 2024
EV drivers looking to get behind the wheel of their new Volvo all-electric SUV EX30 may have to wait a bit longer as Volvo works to resolve some software glitches before delivery – the second time a Volvo EV launch has been delayed due to software.
Volvo said yesterday that it has delayed deliveries in Europe of its EX30 all-electric SUV due to software issues, according to Automotive News…
After several recent international expansion announcements, Gogoro unveiled its latest electric scooter today. The new model, known as the Gogoro Pulse, relies on the company’s existing swappable battery standard yet ushers in a technological revolution as Gogoro’s…
Quick Charge Podcast: January 29, 2024
January 31, 2024
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on…
Octopus Electric Vehicles just launched DriveFree, a used EV leasing program, and it comes with unlimited free home charging.
Octopus Electric Vehicles is part of the UK-based energy tech giant Octopus Energy Group, which first launched Octopus Energy US in Texas in 2020 after acquiring Evolve Energy.
To lease and get unlimited free home charging with DriveFree, you need to live in the Houston…
Quick EV acceleration is a safety feature, says Stellantis CEO
January 31, 2024
Quick acceleration is often used as a selling point for high-performance cars, but can it actually be safer? The instant acceleration of an EV not only offers a more nimble driving experience but it should be a safety feature argues Stellantis CEO Carlos Tavares.
Is…
Tesla (TSLA) confirmed that it is increasing its planned capital spending to $10 billion this year as it tries to achieve its next growth phase.
Lately, Tesla has described itself as being “between two major growth waves”. The first wave was the ramp-up of Model 3 and…
The port cartage and drayage specialists at Coyote Container successfully completed a 400-mile delivery in a Nikola Tre semi truck powered by a hydrogen fuel cell.
William Hall, Managing Member and Founder of Coyote Container, drove the hydrogen Nikola over the hilly, 400-mile route that took the truck and its 17.7 ton trailer through California’s Altamont Pass and Grapevine Canyon on the I-5…
