Fisker Inc. is continuing a trying month of March as it claws at the hole it has found itself in, staring down the barrel of potential bankruptcy. With a potential shuttering of its doors looming, the American EV automaker is now pulling every lever to maximize revenues, including unprecedented discounts on its lone model, the… Continue reading Fisker slashes MSRPs of Ocean trims by tens of thousands as it fights to stay in business
Author: Electrek Newsfeed
Elon Musk says Tesla Optimus robot should cost ‘less than half of a car’
Elon Musk says that Optimus, Tesla’s general-purpose humanoid robot, should cost “less than half the price of a car”. A few months ago, Tesla unveiled “Optimus Gen 2”, a new generation of its humanoid robot that should be able to take over repetitive tasks from humans. The new prototype showed a lot of improvements compared… Continue reading Elon Musk says Tesla Optimus robot should cost ‘less than half of a car’
Toyota to launch electric Hilux pickup by 2025 as Japanese rival aims to beat it to market
An all-electric Toyota pickup may be closer than expected. According to the company’s Thailand president, Toyota will launch an electric Hilux pickup by the end of 2025. The move comes after Japanese rival Isuzu is set to reveal its first 100% electric truck later this month. An all-electric Toyota Hilux pickup is (finally) coming Toyota’s… Continue reading Toyota to launch electric Hilux pickup by 2025 as Japanese rival aims to beat it to market
Renault aims to be first European carmaker to recycle batteries on mass scale
French automaker Renault is exploring a lucrative business prospect by partnering with companies to extract and recycle lithium and other metals in EV batteries, creating a circular economy that can bring in billions of dollars and reduce reliance on China. According to Automotive News Europe, Renault aims to be the first European automaker to recycle… Continue reading Renault aims to be first European carmaker to recycle batteries on mass scale
Tesla wants to bring ‘private 5G’ to its EVs and Optimus robot
Tesla is working on “private 5G” infrastructure to be connected to its electric vehicles and Optimus robot. The automaker was early in including internet connectivity in all its vehicles. There were many reasons for this. It enabled over-the-air software updates and connectivity features, and it also allowed Tesla to collect a lot of data. Tesla… Continue reading Tesla wants to bring ‘private 5G’ to its EVs and Optimus robot
Tesla is in talks to build electric trucks or vans in Italy, report says
Tesla is reportedly in talks with the Italian government to build electric trucks or vans in the country, according to local media. Last month, Adolfo Urso, Italy’s Minister for Business and Made in Italy, said that the government was in talks with Tesla for the automaker to build a factory in the country. Now, a new… Continue reading Tesla is in talks to build electric trucks or vans in Italy, report says
All Teslas in the US get a one month trial of FSD starting this week
Prepare to get your minds blown, because Tesla has announced that every Tesla in the US will get a free trial of FSD for one month starting later this week. Tesla is finally rolling out its FSD Beta v12 software, which CEO Elon Musk has referred to as “mind-blowing” – a term he has used for… Continue reading All Teslas in the US get a one month trial of FSD starting this week
Fisker’s talks with “large automaker” fall through, announcement pending
Fisker announced that its talks with a “large automaker” for a potential investment have fallen through. Trading has been halted on Fisker stock (FSR) as “an announcement” is pending. Things have been rough for Fisker in the last few weeks. After a Q4 wherein the company had big delivery growth but nevertheless said there was… Continue reading Fisker’s talks with “large automaker” fall through, announcement pending
Nissan to make EVs more affordable, plans to slash costs to reach EV/ICE price parity
Nissan launched a new business plan on Monday as the Japanese automaker looks to drive down EV costs. The new plan calls for significant EV cost reductions to reach EV and ICE cost parity by the end of the decade. Despite kicking off a new era with the launch of its LEAF in 2010, Nissan… Continue reading Nissan to make EVs more affordable, plans to slash costs to reach EV/ICE price parity
Elon Musk mandates Tesla to install and demo Full Self-Driving Beta for every new delivery
Elon Musk has mandated Tesla employees to install and demo Full Self-Driving Beta for every customer taking delivery in North America. Full Self-Driving (FSD) Beta is a level 2 Advanced Driver Assistance System (ADAS) that automates all aspects of driving on city streets and highways, but it requires the driver’s attention at all times –… Continue reading Elon Musk mandates Tesla to install and demo Full Self-Driving Beta for every new delivery