Honda is teaming up with China’s Contemporary Amperex Technology, or CATL as its best known, to supply batteries for over 1 million electric vehicles. CATL supplying 123 GWh of batteries to power Honda EVs The Japanese automaker and CATL jointly announced Thursday that Honda would purchase 123 GWh of batteries to power fully electric vehicles… Continue reading Honda just secured enough battery capacity to put 1 million EVs on the road
Author: Electrek Newsfeed
Tesla (TSLA) has a new ‘Champion of People,’ aka head of HR
Tesla (TSLA) has hired Chris Winton, former chief people officer at FedEx, in the automaker’s new role of “Champion of the People,” better known as the head of human resources. Earlier this year, Tesla’s head of HR, Valerie Capers Workman, left the company. Workman had brought some stability to the department that saw three different… Continue reading Tesla (TSLA) has a new ‘Champion of People,’ aka head of HR
Tesla (TSLA) faces more rumors that it is cutting production in China
Tesla (TSLA) is again facing rumors that it is cutting production in China amid lower demand, even after cutting prices on its electric vehicles. Over the last few months, Tesla has pulled on several “demand levers” to boost demand in China. We reported in October that Tesla reduced the price of the Model 3 and Model… Continue reading Tesla (TSLA) faces more rumors that it is cutting production in China
Elon Musk might need new Tesla-backed margin loans to support Twitter
Elon Musk’s bankers are considering Tesla (TSLA) stock-backed margin loans to support Twitter, which is under heavy interest expenses. Stock-backed margin loans are a popular way for billionaires whose money is tied up in stocks to get some cash. You can be worth $100 billion on paper, but if all that money is tied up… Continue reading Elon Musk might need new Tesla-backed margin loans to support Twitter
All-electric Chevy Camaro and Cadillac Escalade brands will be the next GM EV spinoffs
To be the best, you’ve got to beat the best. General Motors plans to transition several iconic brands into the EV era as the automaker gears up for an all-electric future. The latest names under consideration for an EV spinoff are two timeless classics – the Chevrolet Camaro and the Cadillac Escalade. Sources from within… Continue reading All-electric Chevy Camaro and Cadillac Escalade brands will be the next GM EV spinoffs
Honda unveils $7,300 light electric van to meet the high demand for commercial EVs
An electric vehicle for around $7,300? You heard that right. Honda announced today a new light commercial electric van set to launch in spring 2024 that’s ideal for both personal and business use. Honda unveils electric “N-VAN” light commercial van With a starting price of 1 million yen, which currently amounts to about $7,300, Honda’s… Continue reading Honda unveils $7,300 light electric van to meet the high demand for commercial EVs
GM striving to double L2 chargers through its community program, with 1K dealers enrolled
General Motors revealed Wednesday almost 1,000 GM dealers have enrolled in its Dealer Community Charging Program so far. GM says it intends to nearly double the availability of Level 2 (L2) EV charging in the US and Canada, with plans to add up to 40,000 chargers in underserved communities where infrastructure is currently limited. GM… Continue reading GM striving to double L2 chargers through its community program, with 1K dealers enrolled
Tesla on self-driving claims: ‘failure to realize long-term, aspirational goal is not fraud’
Tesla defended itself in a lawsuit over its self-driving claims brought by a customer by saying that “mere failure to realize a long-term, aspirational goal is not fraud.” In September, we reported on a Tesla owner filing a class-action lawsuit against Tesla over “allegedly misleading the public regarding its Autopilot, Enhanced Autopilot, and Full Self-Driving… Continue reading Tesla on self-driving claims: ‘failure to realize long-term, aspirational goal is not fraud’
Outlet claims Tesla China president will replace Elon Musk as CEO right after losing fake news case
In a truly bizarre situation, media outlet Pingwest claims that Tesla has decided to replace Elon Musk as CEO with Tom Zhu, president of Tesla China, right after losing a lawsuit over fake news against Tesla. Pingwest is a Chinese tech publication with a decent-size following on social media and dozens of employees, according to… Continue reading Outlet claims Tesla China president will replace Elon Musk as CEO right after losing fake news case
Tesla launches in Thailand, opens Model 3 and Y orders at competitive prices
Tesla has officially launched in Thailand and opened orders for Model 3 and Model Y at competitive prices. It has been a little while since Tesla has expanded into a brand-new market. The company was trying hard to enter the Indian market for years, but the effort was put on hold earlier this year after negotiations with… Continue reading Tesla launches in Thailand, opens Model 3 and Y orders at competitive prices