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Electric vehicles eVs

Lucid Eyes Share Of China’s Fragmented EV Market

Electric vehicle maker Lucid Group, Inc (NASDAQ: LCID) braced to enter China as it started hiring in the largest EV market.
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Electric vehicles eVs

Microsoft Bets On This EV Battery Startup As Backbone Of Energy Transition

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft Corp’s (NASDAQ: MSFT) Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel. The latest financing brings Group14’s Series C round to $614 million. “Batteries are becoming the backbone of the clean energy transition,” said Brandon Middaugh, Director of Mi
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Electric vehicles eVs

Tesla Forays Southeast Asia’s Largest EV Market Dominated By Chinese Rivals

Tesla, Inc (NASDAQ: TSLA) initiated bookings for its cars in Thailand, Southeast Asia's largest market for passenger electric cars, ruled by its Chinese rivals. Tesla will start delivering its Model 3 and Model Y cars in the first quarter next year, Yvonne Chan, Tesla's country director for Thailand, told Bloomberg from a launch event in Bangkok. Tesla will also introduce its first service center in Thailand in the first quarter of 2023, and its first supercharger facility will kick off in Febru