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Why Elon Musk’s ‘self-driving’ of Tesla’s board and its decision to pay him $56B collided with the law

Justin P. Klein, University of Delaware Delaware Chancery Court Judge Kathaleen St. Jude McCormick has blocked Elon Musk’s US$55.8 billion pay package, which Tesla’s board...

Apple Car Production Delayed to 2028, to Feature Level 2+ Advanced Driver Assistance System

Apple has delayed the production schedule for the Apple Car from 2026 to 2028, as reported by Bloomberg. The vehicle is expected to feature...

EV Battery Prices Fell by 4–7% in January, Decrease Expected to Slow Down in February, Says TrendForce

TrendForce’s latest research indicates that the global lithium battery market remained subdued in January, with cell makers still working through their inventories and production...

BYD Announces Land Agreement for New Passenger Car Factory in Hungary

BYD Auto announced today that it signed a land pre-purchase agreement with the Szeged City Government in Hungary on January 30, for a BYD...

Hyundai Faces Challenges in Obtaining Electric Vehicle Tax Credits in the United States

Negotiations between Hyundai Motor and the U.S. government concerning tax incentives for the Korean automaker’s USD 5.5 billion EV plant in Georgia have yet...

In the market for a car? Soon you’ll be able to buy a Hyundai on Amazon − and only a Hyundai

Vivek Astvansh, McGill University This is the year you can finally buy a car on Amazon. Well, one kind. Eventually. On Nov. 16, 2023, at the...

EU Critical Raw Materials Act: Ambitious Targets to Secure Supply

Demand for Li-ion batteries continues to grow in sectors such as electric vehicles, stationary energy storage, and consumer electronics. IDTechEx estimates that in 2023,...

Six Companies, Including BYD and CATL, are Included in the U.S. Procurement Ban List

The U.S. lawmakers is reportedly attempting to further drive the “decoupling” of the Pentagon’s supply chain from China. According to sources cited by Bloomberg,...

How Tech Giants Could Displace Automotive OEMs

The automotive market is a huge industry, and its evolution has spawned several giant corporations with many sub-brands, many of which are household names....

Tesla importing cell parts from China to expand 4680 battery capacity, report says

Tesla began purchasing cathode coils from two second-tier Chinese battery makers in the second half of 2023 and shipping them to its Texas factory...

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