Trevor Milton, the founder of bankrupt hydrogen trucking startup Nikola who was convicted of fraud, has been pardoned by President Trump, the White House confirmed to TechCrunch. Milton was convicted in October 2022 of one count of securities fraud and two counts of wire fraud related to claims he made about Nikola’s progress to investors. He was […]
Nikola founder Trevor Milton pardoned by Trump Read More »
President Trump is slapping 25% tariffs on all cars imported to the United States, including from our immediate North American neighbors. He’s also placed a 25% tariff on certain parts used to build cars. It’s a decision that will likely supercharge the cost of new and used cars, but it’s also a gift to Tesla,
Trump’s auto tariffs are a gift to Tesla Read More »
In May 2023, Ford triggered a transformation when the U.S. automaker locked in a deal to give owners of its EVs access to the Tesla Supercharger network. In a stunning shift, automaker after automaker — from GM and Hyundai to Rivian and Mercedes — followed suit. By the end of 2023, nearly every major automaker
Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access Read More »
Chinese auto maker BYD made waves this week when it announced its new Han L sedan could add as much as 248 miles of range in as little as five minutes. Unfortunately, the company was light on details, and it did not respond to TechCrunch’s request for clarification. So instead, we’ve scoured the web for
How BYD plans to make EV charging as fast as filling a gas tank Read More »
In May 2023, Ford triggered a transformation when the U.S. automaker locked in a deal to give owners of its EVs access to the Tesla Supercharger network. In a stunning shift, automaker after automaker — from GM and Hyundai to Rivian and Mercedes — followed suit. By the end of 2023, nearly every major automaker
Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access Read More »
The most problem-free EV charging networks in the U.S. right now are the ones built by Tesla and Rivian, according to a new survey from Consumer Reports. The publication surveyed 1,230 owners on their EV charging experiences between March 2024 and February 2024, and just 4% of the respondents said they experienced problems at Tesla’s
The electric vehicle transition is really a story about China. There, subsidies have helped juice not just automakers, but the entire battery supply chain behind them. Those incentives, plus decades of industrial policy focused on controlled critical mineral supply chains, has left American and European automakers flat footed. Take graphite, for example. Every lithium-ion battery
Coreshell has a plan to slash the price of American made batteries Read More »
Cheaper, lighter, and denser: the trifecta defines an ideal battery. No one has devised a perfect cell quite yet, but one stealthy startup thinks it has found a new material that solves at least two of those challenges. Daqus Energy has been quietly operating for the past couple years, refining a compound known as TAQ
Daqus Energy has a plan to make EV sports cars fast, light, and cheap Read More »
The CEO of Canoo is buying nearly all of the defunct EV startup’s assets out of bankruptcy, according to a court filing. A new entity controlled by the CEO, Anthony Aquila, has offered to purchase “substantially all” of the assets for $4 million in cash. The sale will also wipe clean a more-than-$11 million debt
Canoo’s CEO is buying the bankrupt EV startup’s assets Read More »
Rivian’s cost–cutting measures have gotten it a lot closer to profitability, but the company is warning that 2025 could still be a challenging year – especially because of the whorl of uncertainty caused by the new Trump Administration. The company announced Thursday its fourth quarter and full-year 2024 financial results, and along with it, shared
