A little-known investor has poured more money into Tesla (TSLA) than Elon Musk himself, and now he is reaping the rewards with a position worth billions of dollars.
We first reported on KoGuan Leo last year when he became the third largest individual shareholder in Tesla behind Elon Musk and Larry Ellison.
As we reported at the time, little was known about the investor and his wealth. He is a…
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. This week, we discussed Tesla Supercharger V4, Tesla FSD Beta 10.69, Ford putting pressure on dealers over EVs, and more.
: Get a free Range Score then…
Heart Aerospace unveils new electric aircraft; Air Canada invests and orders 30 planes
September 16, 2022
Air Canada announced that it invested in Heart Aerospace, an electric airplane startup, and it is ordering 30 units of a new version of its first electric aircraft.
Heart Aerospace
Battery technology has improved enough that short-range commercial planes are starting to…
LIPOWER combines reliable off-grid power with solar energy and is currently offering up to $400 off
September 16, 2022
Portable energy provider LIPOWER continues to expand its range of ultra-efficient, low-noise power stations and solar generators and is celebrating by offering huge discounts up to $400 off. Its latest portable power station, the MARS-2000 is and rounds out an entire lineup of energy storage solutions to fit any need and budget. Have a look.
LIPOWER was founded a decade ago by a group of…
GM is investing half a billion to upgrade Indiana factory to support EV production
September 16, 2022
As part of GM’s plans to provide “EVs for everyone,” the automaker says it will be upgrading its Marion, Indiana, assembly plant. General Motors will invest $491 million to prepare the facility for the automaker’s transition to electric with new stamping…
Quick Charge Podcast: September 15, 2022
September 16, 2022
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…
Swappable Battery Motorcycle Consortium grows to 21 members for standardized batteries
September 15, 2022
Swappable batteries are the key to making light electric motorcycles and electric scooters practical for city residents and apartment dwellers who lack a private charging spot at hom, and now a promising battery standard known as the Swappable Battery Motorcycle Consortium (SBMC) has grown from just four to a total of 21 members, hoping to make that dream closer to reality.
The idea started when…
Tesla is now facing a class action lawsuit over ‘misleading’ claims about self-driving
September 15, 2022
Tesla is now facing a class action lawsuit over “allegedly misleading the public regarding its Autopilot, Enhanced Autopilot, and Full Self-Driving Capability (‘FSD’) technology.”
With Tesla’s approach of selling features that it has yet to fully develop and…
Hyundai, Genesis, and Kia’s tech arm Hyundai Mobis announces ‘rapid’ North American EV expansion strategy
September 15, 2022
Hyundai Mobis, the parts and tech provider for South Korean automakers Hyundai, Genesis, Kia, and others, revealed its North American EV expansion strategy. As demand for electric vehicles continues growing, the sixth largest global parts supplier says having a strong…
Tesla is reportedly considering bringing its “Tesla Center” strategy to China and closing some retail stores in high-rent locations.
Last year, Electrek exclusively reported on Tesla implementing a new retail strategy in North America that involves moving away from showrooms in fancy malls and, instead, focusing on cheaper locations, remote management of the test drive fleet, and delivery…
