President Biden quadrupled tariffs on Chinese-made EVs. The catch? Hardly any Americans are buying these cars anyway.
The latest layoffs at Tesla this week cut close to the bone of the EV pioneer’s big competitive advantage — its ubiquitous Supercharger network.
GOTHENBURG, Sweden, April 29, 2024--Polestar and fast-charging battery pioneer StoreDot have successfully demonstrated the implementation of StoreDot’s Extreme Fast Charging (XFC) technology in a car for the first time, charging a Polestar 5 prototype from 10-80% in just 10 minutes. The fully driveable verification prototype saw a consistent charge rate starting at 310 kW and rising to a peak in excess of 370 kW at the end of charging.