Electric vertical takeoff and landing (eVTOL) developer Lilium has announced a new partnership with advanced air mobility (AAM) operator UrbanLink that includes the purchase of at least 20 all-electric eVTOL jets. The aircraft will be operated around Florida as UrbanLink looks to become the first US airline fully committed to the nascent technology....

Tesla (TSLA) launched another round of layoffs this weekend, with employees in wide-ranging roles getting their pink slip amid broader layoffs over the last 3 weeks. more…

Young EV-centric brand ZEEKR is continuing its efforts to become a globally recognized name in the space as it gears up for an initial public offering (IPO) on the New York Stock Exchange (NYSE) this week. The Geely-owned sub-brand will go public later this week and seeks a valuation of over 5 billion dollars. more…

Elon Musk’s no.2 at Tesla, Tom Zhu, is going back to his responsibilities as VP of China as the CEO isolates himself at the top. more…

Yadea, the largest e-bike and e-scooter maker in the world, recently showed off a new small-format folding e-bike at China Cycle 2024, also known as the China International Bike Fair. more…

Booming investment in solar and battery manufacturing is rapidly becoming a powerful global economic driver, according to a new report from the International Energy Agency (IEA). more…