Tesla has announced on its blog it plans to purchase solar panel supplier SolarCity for as much as US$2.6 billion. Terms of the agreement specify that Tesla would have a 93.5 per cent stake in its combined companies, and SolarCity would retain 6.5 per cent, with the acquisition expected to […]
Electric
Tesla Model X Australian prices announced for all variants
Following the announcement of the Australian starting price for the Tesla Model X, the technology giant has now confirmed prices for the rest of the range. The Tesla Model X is the company’s attempt at the ever-popular crossover/SUV market. It has been on sale in some overseas markets for a […]
Elon Musk confirms Tesla is planning a minibus
It seems Tesla is set to release a minibus in the future based on the chassis of the Model X, which will apparently draw inspiration from the original Volkswagen Microbus or Kombi. After revealing a number of world-changing ideas with Tesla Master Plan: Part Deux last month – including Tesla […]
Electric Chevrolet Corvette sets new speed record (video)
A custom-built all-electric 2006 Chevrolet Corvette Z06 has broken its own land speed record, laying down a verified top speed run of 330km/h. The Corvette in question is the result of a US electric powertrain company known as Genovation. Earlier in the year, Genovation set a new flying mile record […]
Mercedes-Benz reveals fully electric Urban eTruck
Just days after Elon Musk announced plans to revolutionise the trucking world with ‘Master Plan Part Deux’, Mercedes-Benz has rolled out a tangible rival to the electric truck game: the Urban eTruck. Capable of hauling 26 tonnes, the Urban eTruck has a range of 200km thanks to a 200kWh battery […]
Tesla opens small (large) portion of Gigafactory
It’s official. Tesla’s US$5 billion Gigafactory in Nevada has officially opened its doors, set to profoundly increase Tesla’s battery production. Well, when we say open we mean only a portion of the massive factory. Two years after the first shovel entered the dirt, the factory has become operational, despite only […]
Porsche Mission E EV sports car creating 1400 jobs
Porsche says that more than 1400 jobs are set to be created as it prepares for the production of its first all-electric sports car, known as the Mission E. Porsche, a company that receives around 140,000 job applications each year, has confirmed it will be employing more staff at its […]
Audi boss confirms 3 electric models by 2020
Audi CEO Rupert Stadler has confirmed with a German newspaper that the brand will offer three electric models by the turn of the decade, with a push toward digital services and autonomous driving. Speaking with German publication Heilbronner Stimme, Stadler said that he expects EVs will account for 25 to […]