US-based Lithium Battery Company is investing $4 million to establish a 60,000 sq ft automated battery manufacturing facility in Tampa, Florida. The expansion includes a Foreign Trade Zone (FTZ) designation and features five specialized assembly lines designed to support defense contracts, artificial intelligence (AI) data center energy storage, and OEM partnerships. The expansion is the … Continue reading “Lithium Battery Company invests $4 million in Tampa manufacturing plant”
Written by EVadmin
Tesla Cybertruck production April 2024 Tesla has told Cybertruck production employees not to report to work for the next three days, in another sign of demand issues for the vehicle that once touted millions of preorders. The news was reported by Business Insider, who obtained an email telling Cybertruck production workers at Tesla’s factory in … Continue reading “Tesla shuts down Cybertruck production for 3 days at critical time for the company”
Written by EVadmin
Beam Global sells an innovative portable solar-powered EV charger that fits in a parking space and can be set up in mere hours. Obvious applications for the EV ARC include off-grid and/or temporary charging needs, such as events of disaster relief (a few of these would have come in handy here in St. Pete, Florida … Continue reading “Beam Global receives first order for BeamSpot curbside EV chargers from Fortune 500 utility company”
Written by EVadmin
How to Start and Run a Trucking Company That Stands Out 10 Tips To Put It All Together This article may contain affiliate links. There are many different ways to start and run a trucking company. You could go the traditional route and get financing for semi truck to lease or buy trucks to build up your … Continue reading “How to Start and Run a Trucking Company That Stands Out”
Written by EVadmin
GM still plans to only sell EVs for its light-duty passenger vehicles by 2035 The automaker’s backed off its current EV sales targets GM expects to be the first U.S. automaker outside of Tesla to turn a profit on EVs General Motors still aims to eliminate tailpipes from its light-duty passenger vehicles by 2035, CEO … Continue reading “GM CEO says company still committed to ditching tailpipes by 2035”
Written by EVadmin
Investors are betting big on Air Company’s efforts to cut carbon emissions from planes. The New York–based startup announced today that it raised $69 million in a Series B funding round led by Avfuel, an aviation fuel supplier, along with Lowercarbon Capital, IQT, Alaska Airlines, and other investors. That money will go toward building commercial production facilities … Continue reading “Air Company raises $69M to convert CO2 into jet fuel”
Written by EVadmin
Elon Musk says that he will ‘discuss’ Tesla investing $5 billion in xAI, his own private artificial intelligence company. For the last few years, Musk has claimed that “Tesla is an AI company.” Despite that claim and having a fiduciary duty to Tesla shareholders as the chief executive of the company, Musk decided to start … Continue reading “Elon Musk will ‘discuss’ Tesla investing $5 billion in his private AI company”