REE Automotive has announced a “strategic collaboration” with Magna International, which will allow both companies to explore the possibilities of fully modular electric vehicles (MEVs) and bring them to market. According to a press release, these MEVs will be based around the REEcorner technology and will don a “Powered by REE” brand. REE Automotive is a startup EV technology company…

Tesla’s stock (TSLA) will be the first to trade as a token on Binance’s exchange so that users can buy fractional shares using cryptocurrency. Over the last few months, Tesla has made some move in the rapidly growing cryptocurrency space. The automaker invested $1.5 billion in Bitcoin in February and started accepting Bitcoin as payment for its electric cars last month. The move has helped…

A Tesla Model 3 modified by Unplugged Performance (UP) has won a race in the All Japan EV Grand Prix against a Porsche Taycan Turbo S. To top it off, the top performance electric Porsche was on semi slick tires. The All Japan EV Grand Prix tries to promote electrification by putting some of the best EVs in the world against each other in a competitive race situation. Mostly Tesla vehicles are…