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One of the largest global auto suppliers, BorgWarner, is buying EV charging company Rhombus Energy Solutions, the company announced today. The auto supplier says the deal will accelerate its charging business by leveraging its existing capabilities. BorgWarner is best known for making and selling quality parts to OEMs. For example, some of the suppliers’ largest customers include legacy…

We have officially passed the halfway marker for the 2022 fiscal year, and those quarterly reports are starting to roll in. Fisker’s Q2 update came this morning, showcasing a decent appetite for its flagship Ocean SUV, alongside some updates to the progress of the next two Fisker models to follow. Despite a public magnified glass on Fisker Inc.’s every move thanks to a turbulent past, the…

Tesla (TSLA) is holding its annual shareholder’s meeting, which is now called Cyber Roundup, and you can watch it below while following all the most important news coming out of the event. It starts today at 4:30 PM Central Time at Tesla Gigafactory Texas. Like every company, Tesla has to hold an annual shareholder’s meeting where shareholders vote on some items like director appointments…

Electric vehicle maker Lordstown Motors released its Q2 2022 earnings report today, and despite not delivering an EV yet, the company posted its first operating profit. Lordstown Motors ($RIDE) is often included in the same discussion with the group of recent EV makers to go public, like Rivian and Lucid Motors. Like many of its peers, the company is having its fair share of struggles scaling…