Elon Musk is in a full propaganda campaign to gain Tesla shareholder support against the court’s decision to rescind his CEO compensation plan and now announced that he is going to move for a shareholder vote on moving Tesla’s state of incorporation to Texas.
Earlier this week, a judge in Delaware, where Tesla is incorporated, sided with a Tesla shareholder who filed a lawsuit that claimed…
Volvo breaks up with Polestar and sees its shares soar
February 2, 2024
More bad news for Polestar. The struggling luxury EV maker just lost its funding from Volvo, which is handing full responsibility for the brand over to China’s Geely. However, Volvo is letting them down easy, saying it’s a “natural evolution” for the two…
EV shopping beats buying an ICE vehicle, according to buyers
February 2, 2024
Electric vehicle buyers reported the highest satisfaction with the process last year. With 80% of new EV buyers saying they were “highly satisfied” with the process, buying an EV was reportedly much easier than an ICE vehicle.
EV buyers are happier with the…
Quick Charge Podcast: January 31, 2024
February 2, 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 Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as…
Contemporary Amperex Technology (CATL), the world’s largest EV battery maker, is going to build its own $1.83 billion offshore wind farm.
The Chinese EV battery and battery storage giant’s offshore wind farm, which will be sited near the company’s headquarters in…
Quick Charge Podcast: January 30, 2024
February 1, 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…
BMW Group recently shared a spring update to its growing line of EVs, which now includes a new all-wheel drive variant of the i5. The BMW i5 xDrive40 will kick off production in March and arrive as a 2025 model-year EV, priced between the eDrive40 and M60 variants.
The all-electric 5 series is one of the newest additions to BMW’s EV lineup, having only launched last year as a 2023 model…
Oxford claims the world record for solar panel efficiency
February 1, 2024
Oxford PV, a spin-off from the University of Oxford, says it’s achieved the world record for the most efficient solar panel.
In collaboration with Germany’s Fraunhofer Institute for Solar Energy Systems, the company says its solar panel achieved 25% conversion…
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…
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 on the 2024 Polestar 3
The Polestar 3 will join the Polestar 2 as the brand’s second all-electric model. Nearly 55,000…