On Monday, the electric-vehicle giant Tesla became the first automaker to reach $1 trillion in market value, following news that the rental car company Hertz has placed an order for 100,000 Tesla Model 3 vehicles. While the financial terms were undisclosed, the purchase could mean revenue of $4.2...
Tesla is entering the energy supply business. The EV giant filed an application with the Public Utility Commission of Texas to make its subsidiary Tesla Energy Ventures a retail electric provider (REP) in the state. The company can begin selling electricity to residents as early as November if the application...
The world’s first fully electric autonomous cargo ship, the Yara Birkelandis preparing to set sail in Norway by the end of this year. The ship, developed by Norwegian chemical company Yara, runs on hydroelectric power and significantly reduces costs and carbon emissions. The global shipping industry accounts for about...
As the world turns towards electric vehicles, what is one thing you would miss about fossil fuel cars? Turns out for a lot of people that is the smell of gasoline. After finding in a survey that for 20% of drivers, the smell of gas would be the No. 1...
EV Startup Fisker has announced plans to develop the first all-electric popemobile for Pope Francis following his advocacy for action on climate change. The design, approved by Francis in a private meeting, is a modified version of the upcoming Fisker Ocean SUV. The mockup of the popemobile shows an all-glass...
Chinese budget EV, the Hong Guang Mini, developed by SAIC Motor has become the second bestselling EV in China (and the world according to estimates) following Tesla. Last month in China, sales of the Hong Guang Mini (priced at USD $4,500) were nearly double that of the Tesla Model...
