Cleantech & EV’s

Volkswagen’s largest EV production site in Europe is at risk of losing jobs amid low demand. The automaker is holding a staff meeting on Thursday, where it’s expected to relay the news to workers. The Volkswagen plant in Zwickau, Germany, is where MEB-based electric cars are built, including the ID.3, ID.4, and ID.5. Other VW brand EVs, such as the Audi Q4 e-tron and Cupra Born, are also…

A Chinese media outlet is reporting that EV automaker NIO is recruiting the help of battery systems manufacturer, SVOLT Energy Technology Co., Ltd. Several sources state that NIO is recruiting the assistance from SVOLT to assist in the development of its own in-house large cylindrical EV batteries, which has reportedly decelerated as of late. It’s interesting to hear that NIO may be struggling…

Fifteen Tesla vehicles were lit on fire at a car dealership in Frankfurt, Germany, this week, and a radical group of environmentalists has claimed to be behind the act of arson. With the incident alone, this gang of morons is probably responsible for more pollutant emissions than they can ever counter with their so-called activism. IAA moved its car trade show from Frankfurt to Munich a few years…

Tesla (TSLA) is still the most shorted stock out of all the US large-caps, and Elon Musk suspects that Bill Gates still has a large position against the company. Shorts, people betting against the stock of a company, have long played a part in Tesla’s history on the stock market. Throughout the years, Tesla was often topping the list of the most shorted stocks on the NASDAQ. As the automaker…