Volkswagen Follows Audi, General Motors to Halt Paid Advertising on Twitter

Volkswagen Follows Audi, General Motors to Halt Paid Advertising on Twitter

Volkswagen on Friday said it has recommended to its brands to pause paid advertising on Twitter until further notice in the wake of Elon Musk’s takeover of the social media platform. “We are closely monitoring the situation and will decide about next steps depending on its evolvement,” Europe’s top carmaker…

Tesla Used Cheaper LFP Batteries in Half of All Vehicles Produced in Q1 2022

Tesla Used Cheaper LFP Batteries in Half of All Vehicles Produced in Q1 2022

As Tesla’s profits and prices grabbed headlines last week, a potentially pivotal development for the global car industry flew largely under the radar. The US electric pioneer disclosed that nearly half of the vehicles it produced in the first quarter were equipped with lithium iron phosphate (LFP) batteries — a…