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Tesla Lays off Over 10 Percent of Its International Workforce

Tesla informed its employees that it is cutting over 10 percent of its worldwide staff, according to a memo obtained by Reuters on Monday. This decision comes as Tesla faces challenges such as declining sales and increased competition in...

China Set to Overtake Japan as World’s Biggest Car Exporter

China is on track to becoming the top car exporter worldwide this year, surpassing Japan, as reported by Financial Standards. This change signals a significant shift from the long-standing leadership of European, American, Japanese, and South Korean car manufacturers. However,...

Huge Phosphate Discovery Could Fully Charge the Electric Vehicle Industry

With geologists hunting high and low for battery materials, an enormous new discovery of phosphate rock could have huge implications for the electric vehicle industry. The reserves, discovered in Rogaland, southwest Norway by Anglo-Norwegian firm Norge Mining, are equivalent to...

Global Sales of Electric Cars Expected to Leap 35% this Year

The electric car industry is expected to break another sales record this year, according to a new report from the International Energy Agency (IEA). The report states that over 10 million electric cars were sold globally in 2022, with projections...

Tesla Owner Unlocked And Drove Away Wrong Car

A recent incident involving a Tesla in which the wrong driver was able to unlock the vehicle is making the rounds on the internet, leaving owners anxious about the level of protection that their vehicles provide. The efficiency of Tesla's...

Global Greenhouse Gas Emissions Decline

Global greenhouse gas emissions seem to be on the decline this year in a surprising twist of statistics. On Wednesday, the International Energy Agency (IEA), based in Paris noted that if not for major deployments of renewable energy technologies and...

BYD Overtakes Tesla as Top Seller of Electric Cars

Chinese automaker BYD (Build Your Dreams) has overtaken Elon Musk's Tesla as the leading seller of electric cars. BYD, which is backed by American billionaire investor Warren Buffett, sold a total of 641,350 electric vehicles and hybrids in the first...

Tesla Sets New Record For Electric Vehicle Deliveries

Tesla set a new company record for electric vehicle deliveries in Q4 of 2021, according to the company's fourth-quarter vehicle production and deliveries report for 2021 published on Monday. The report said that the electric vehicle manufacturer delivered a total...

Walmart and FedEx Acquire Thousands of Electric Vans From BrightDrop

Walmart and FedEx announced on Wednesday that they will acquire thousands of electric delivery vans manufactured by the General Motors subsidiary BrightDrop. Walmart signed a deal with GM to set aside 5,000 BritghtDrop vans while FedEx, which was BrightDrop's very...

Greece Launches Project to Turn Halki Island “Green”

Greece's Prime Minister Kyriakos Mitsotakis launched on Friday the GR-eco project on the island of Halki, scheduled to turn the island "green". The project, which will include other islands in the future, aims at providing residents with lower electricity bills,...