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We just received new pictures from an anonymous source alleging that this is the new updated Tesla Model 3 project, “Highland.” What do you think? For a year now, Tesla has been working on “Project Highland,” a design refresh of the Model 3, the automaker’s cheapest electric vehicle. Camouflaged prototypes have been spotted on the road for months, and rumors are pointing to a launch in…

Honda may look to its past to revitalize its future in the electric era. A recent trademark filing suggests Honda may look to resurrect the two-door Prelude sports car as an EV. The Honda Prelude may live on… as an EV Once considered Honda’s flagship model, the Prelude was discontinued in 2001 in favor of the Accord coupe (that was also eventually retired). The decision came after sales…

The Biden-Harris Administration announced $15 billion in funding to retool existing factories so that these factories can produce electric vehicles and batteries. This is a lifeline for legacy automakers struggling to be profitable in the EV transition. The Department of Energy announced in a press release today: As part of President Biden’s Investing in America agenda, the U.S. Department of…

Swedish performance EV maker Polestar (PSNY) reported its Q2 2023 earnings on Thursday, showing widening losses as production scales. Polestar is entering an “exciting” growth phase with two highly anticipated EVs scheduled for production. Polestar hits record deliveries, but losses widen in Q2 Polestar delivered 15,765 EVs in the second quarter of the year, up 36% YOY. The EV maker has…