Chile's SQM, a major player in the lithium industry, has seen its profits grow. This is due to a rise in lithium prices. The company made $178. 4 million in the last quarter. This is more than the $131. 4 million they made last year. Their total revenue also went up by 8. 9%. It reached $1. 17 billion. Lithium and its related products brought in $603. 7 million. Thi...
Michigan is doing a lot more than just making cars. The state is working hard to become a leader in all kinds of mobility, from electric vehicles to flying drones. This is not just about having cool new tech. It is about creating jobs, protecting the environment, and being ready for whatever comes next. First, let's talk about electric cars. Michigan has already put...
Elon Musk, the CEO of Tesla, has picked April 1, 2026, as the unveiling date for the second-generation Tesla Roadster. This announcement came during Tesla's annual shareholder meeting, nearly nine years after Musk first talked about this high-performance electric supercar. Choosing April Fool's Day for the reveal seems like a joke, but Musk said it gives him some "de...
Ford's F-150 Lightning, the electric version of America's favorite pickup truck, is facing some challenges. The truck is known for being smoother and more efficient than its gas-powered cousins. But, the future of this electric truck is uncertain. A recent report suggests that Ford might be thinking about stopping the production of the F-150 Lightning. The company h...
Ford is thinking hard about dropping its electric F-150 Lightning pickup. This news comes after they stopped making it earlier this year due to a fire at an aluminum plant. Now, they're focusing more on gas and hybrid trucks because they make more money and don't need as much aluminum. The F-150 Lightning is part of Ford's electric vehicle division, Model e, which h...
Kia had big dreams of challenging Tesla with a budget-friendly electric car, the EV4. This vehicle was designed to be a game-changer, boasting a long range, quick charging, and a price under $30, 000. However, Kia has decided to hit the pause button on this project, delaying it indefinitely. The decision to delay the EV4 comes as no surprise. The electric vehicle ma...
The Onalaska Police Department has made a big move towards sustainability by adding two new electric vehicles to their fleet. This decision came after a deal was struck with General Motors. The switch to electric vehicles is expected to bring several benefits, including improved efficiency and cost savings. The police chief, Charles Ashbeck, explained that electric ...
A German company, ElringKlinger, is putting down deeper roots in Easley, South Carolina. They're investing $68. 5 million to grow their plant there. This move will bring 294 new jobs to the area. The company is known for making parts for electric cars and other high-tech automotive stuff. ElringKlinger isn't new to Easley. They already have a plant there, which they...
Faraday Future, a company known for its electric vehicles, made a splash in the UAE. They unveiled their new car, the FX Super One, at the Burj Khalifa. This car is special because it's the first of its kind, a First Class EAI-MPV. They also announced that soccer star Andrés Iniesta will be the first owner and a special advisor for the company. One interesting thing...
Plug-in hybrid electric vehicles (PHEVs) are often seen as a middle ground between traditional gas cars and fully electric vehicles. But are they really as eco-friendly as they claim to be? Recent findings suggest otherwise. A study by Transport and Environment (T&E) found that PHEVs emit about 135 grams of CO2 per kilometer on average. This is much higher than the ...