Tesla’s Cybertruck Sales Take a Nose Dive: GMC Hummer EV Outsells Electric Rival
As Elon Musk once said, “We dug our own grave with Cybertruck.”
electric vehicles
GM Partners with Redwood Materials to Transform EV Batteries into Sustainable Energy Storage Solutions
GM will send batteries — new and old — to Redwood Materials, which will assemble them into large packs capable of supporting data centers and the grid.
The electric Hummer is almost outselling the F-150 Lightning
GM’s EVs were popular in the second quarter, a complete contrast to the struggles by Ford, Tesla, Hyundai, and Kia to grow electric vehicle sales.
Group14 Secures $463 Million in Funding to Revolutionize Electric Vehicle Battery Technology
The battery materials startup raised significant Series D funding to expand its manufacturing capability. At the same time, it bought out partner SK’s stake in a joint venture.