Tesla and Panasonic have agreed to a conscious uncoupling in the world of solar cells.The companies will continue to work together on automotive batteries for Tesla’s electric vehicles.The solar cells were to be used in Tesla’s Solar Roof panels which look like roofing shingles.
Author: World_Newz Mon
Nio, the Tesla of China, surges 35% after confirming talks for $1.4 billion in government funding
One of Tesla’s main competitors in China is a step closer to securing funding for additional plants in the region.Under the preliminary agreement, the Hefei government expects to provide resources and funding support for the long-term growth of Nio in the city, the capital of the Anhui province, according to a press release.Nio will provide additional details in the next two months, Reuters reported.
Polestar Precept Is Volvo’s Luxe Electric Concept Powered by Google
Polestar Precept Is Volvo’s Luxe Electric Concept Powered by Google Bloomberg | Feb 25, 2020 at 3:22 PM A sneak preview of specs and renderings ahead of the Geneva Motor Show
VW to Hire ‘Aggressive’ Climate Activist to Scrutinize Policies
Volkswagen AG Chief Executive Officer Herbert Diess plans to hire a climate campaigner to shake up the German automaker’s efforts to fight pollution and help provide a much-needed kick-start toward becoming greener.
The Polestar Precept Concept EV Is As Sustainable As It Is Handsome
Meet the Precept, an electric concept car from the Geely-owned Polestar brand, which features seats made from recycled cork and plastic bottles.
Nio to get 10b investment from Hefei
Chinese electric car startup Nio Inc is expected to get strategic investment of over 10 billion yuan ($1.43 billion) from the Hefei city government in Anhui province.As part of the deal, Nio will establish in Hefei a company in charge of its China operations, including production, research and development and sales.Nio has built a plant in Hefei with JAC Motors which is producing Nio’s ES8 and ES6 SUVs.
Rejected by Wall Street, Ford’s CEO Has Support Where It Matters
Days after another dismal earnings report, Ford Motor Co. Chief Executive Officer Jim Hackett sent a blunt message during an internal town hall: I’m not going anywhere.
Over 60 percent of auto businesses resume operations
Over half of the companies in China’s auto industry are resuming production in the country as the number of confirmed cases of the novel coronavirus each day continues to decline.The electric carmaker restarted production in Shanghai on Feb 10.French tire maker Michelin resumed production on Feb 10 at its plants in Shanghai and Shenyang, Liaoning province.
Daimler Warns Germany May Get Tougher on Mercedes Diesel Cars
Daimler AG is warning of a further crackdown on Mercedes-Benz diesel vehicles in Germany, after mounting legal and regulatory costs already crimped profits last year.
Kia to recall 228,000 Sedona, Sorento models in U.S.
Kia Motors Corp., South Korea’s second-biggest carmaker by sales, said Friday it will voluntarily recall more than 228,000 recreation vehicle models in the United States from April.The problem involves moisture that may get into the anti-lock brake system’s electronics, potentially causing an electrical short circuit and increasing the risk of an engine compartment fire.The Sedona is sold as Carnival in South Korea.