Every EVXL story tagged “SEC” — newest first.
Tesla and its CEO Elon Musk have successfully defended themselves against a federal lawsuit alleging cryptocurrency fraud and insider trading, according to Reuters. The case, which sought $258 billion in damages, was dismissed by U.S. District Judge Alvin Hellerstein in Manhattan on Thursday night. The Allegations Investors accused Musk and Tesla of: The Court’s Decision…
BMW is recalling more than 12,000 Mini Cooper SE electric vehicles due to potential battery issues that could lead to overheating and fire risks. This information comes from a report by NewsNation. Affected Models and Issue The recall affects Mini Cooper SE models manufactured between 2020 and 2024. According to documents filed with the National…
A piece of electric vehicle history is now up for grabs on eBay, offering enthusiasts a chance to own one of the few remaining Arrival electric vans. This story, reported by Engadget, sheds light on the rapid rise and fall of the once-promising British EV startup. From Billions to Bankruptcy: Arrival’s Short-Lived EV Dream Arrival,…
Boston is set to dramatically enhance its electric vehicle (EV) charging infrastructure thanks to a new $15 million federal grant. This substantial funding, announced by the U.S. Department of Transportation, will bolster the city’s Recharge Boston program, with plans to install at least 300 new EV charging ports across the metropolitan area, reports Boston.com. Expanding…
Lucid Motors, known for its high-end electric vehicles, is set to broaden its appeal with plans for three new affordable models. This news comes from a recent report by Car and Driver. The Mid-Size Program Derek Jenkins, Lucid’s senior vice president of design and brand, revealed to CarBuzz that the company is working on what…
A recent crash involving a Tesla Semi truck on a California freeway has prompted a federal investigation into the fire risks associated with lithium-ion batteries in electric vehicles. The incident, which occurred on Monday, has raised concerns about the safety of high-voltage EV batteries and their potential hazards for first responders, according to the San…
Tesla’s fight against Louisiana’s ban on direct car sales to consumers has gained new momentum. The 5th U.S. Circuit Court of Appeals has revived the electric vehicle maker’s federal court challenge, according to a recent report by The Independent. The Core of the Dispute The lawsuit challenges a Louisiana law that prohibits automobile manufacturers from…
Chinese electric vehicle manufacturer Xpeng is gearing up for a significant expansion into the European market, as reported by Bloomberg News. The company is planning to introduce entry-level cars and establish local production facilities in Europe, aiming to circumvent potential tariffs and strengthen its global presence. READ MORE: XPENG UNVEILS ULTRA-AFFORDABLE EV, CHALLENGING TESLA’S DOMINANCE
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