A federal judge has reportedly cleared the way for Tesla to settle its battery technology theft lawsuit with Rivian. According to sources familiar with the matter, the electric vehicle manufacturers have agreed to a confidential settlement that puts an end to the dispute. The lawsuit, which was filed by Tesla in 2020, accused Rivian of using stolen trade secrets and intellectual property to develop its own electric pickup trucks.
(Supply: Tesla) Toshiba and Rivian have become entangled…
General Motors ‘fully committed’ to electrification, scales back ambitions after supply chain woes and lukewarm consumer response.
General Motors has long touted itself as "all-in"…
Despite being a sales hit, Deepal S05 faces a daunting task in delivering its whopping 21,730 orders.
One month following its launch, the Deepal S05…
Tesla takes the lead, leaving Nissan owners in wait for Supercharger perks?
Tesla seemingly acted prematurely by announcing that Nissan…
Toyota to Sell Massive Stake in Top Supplier for $4.7 Billion as It Seeks to Close Gap in Electric Vehicle Market
Toyota is securing significant funding as it strives…
Volvo reportedly set to launch a new hybrid SUV tailored specifically for the Chinese market, with production expected to commence in 2025.
Volvo, a Swedish marque owned by China's Geely…
The Rivian chief executive believes that there’s ample space for both the Scout and Rivan brands to thrive in tandem following their strategic alliance.
Rivian and Volkswagen recently announced a strategic partnership,…
