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Tesla Offers One-Month Trial of Driver-Assist Technology

Electric vehicle maker Tesla is set to offer a one-month free trial to U.S. customers of its driver-assist technology, Full Self-Driving (FSD), CEO Elon Musk announced on Monday. "All U.S. cars that are capable of FSD will be enabled for a one-month trial this...

Renault Shares Rise After Scrapping EV IPO

Renault SA shares rose by as much as 5% on Tuesday after the company decided to abandon its plans to launch an initial public offering for its electric vehicle (EV) business. The French automaker explained that unfavorable market conditions influenced its decision to abandon...

Nissan to Export China-Developed EVs Globally

Nissan Motor announced on Sunday that it would begin selling electric vehicles (EVs) developed in China, exporting them to global markets. This comes after the Japanese automaker announced that it had entered into a partnership with China's top university, Tsinghua University, to focus on...

EV Sales Hit Record in Q3

Automotive research firm Kelley Blue Book (KBB) reported that electric vehicle (EV) sales in the United States exceeded 313,000 in the third quarter. KBB's parent company Cox Automotive revealed that the EV market share has hit 7.9%; its highest-ever level and a significant rise...

LG Chem to Build EV Battery Material Plant in Morocco

LG Chem Ltd confirmed that it plans to partner with China's Huayou Group's subsidiary Youshan to build an electric vehicle (EV) battery material plant in Morocco. Known for manufacturing nickel-cobalt-manganese (NCM) cathodes, LG Chem is looking to diversify its portfolio. Unlike the NCM cathodes, the...

Nikola Recalls EV Trucks Following Fire Probe

Nikola Corp announces its decision to recall all of the battery-powered trucks that it has delivered to date while halting all sales after an investigation into recent fires was performed. The investigation found the coolant leak inside the battery pack to be the source...