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Take A Sneak Peek Inside The Recently Restarted VW ID.3 Production Facility
The global COVID-19 epidemic has hit automakers quite hard, but some are recovering and restarting production now. One automaker that is slowly returning to its former production capacity is Volkswagen and EV enthusiasts can rejoice because production of its ID.3 hatchback has been restarted and is slowly being ramped up. VW intends to build 100,000… Continue reading Take A Sneak Peek Inside The Recently Restarted VW ID.3 Production Facility
Mercedes-Benz India resumes operations at Chakan plant
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VW hails speed of car sales recovery in China
Demand in most profitable market almost at 2019 level but brand expects slower revival in Europe Go to Source
Hertz Gains Temporary Lifeline
Photo courtesy of the Hertz Corp. Hertz Global Holdings Inc. has entered into forbearance and waiver agreements with lenders, as outlined in an SEC filing today. The company had not made payments due on April 27 in accordance with its operating lease for its rental car fleet. The lenders gave Hertz a one-week extension that… Continue reading Hertz Gains Temporary Lifeline
Uber rival Bolt aims to launch scooters in 45 cities
TALLINN, May 6 (Reuters) – Estonian ride-sharing service Bolt on Wednesday launched its own electric scooter model and said it aims to launch the scooter service in more than 45 cities this summer. Bolt, which has grabbed business from Uber mostly in major African cities and Eastern Europe, has more than 30 million users in… Continue reading Uber rival Bolt aims to launch scooters in 45 cities
Rumor: Nissan To Pull Back From Europe
We do not hear much about Nissan in the EV space in recent years, as the Japanese company really distanced itself from the electric cars after the initial push for the LEAF and e-NV200. There was a hope that with a new all-electric platform, Nissan will rebound with new models. However, after the Carlos Ghosn… Continue reading Rumor: Nissan To Pull Back From Europe
Uber CEO tells employees that it is finalizing layoffs as fears circulate among staff that 4,000 jobs will be cut (UBER)
Uber’s CEO told employees during an all-hands meeting on Tuesday that it was close to finalizing layoffs, saying that plans would be announced within two weeks. Some employees think layoffs could hit next week, with one source telling Business Insider that the company could trim 4,000, including attrition. The company has already slashed jobs at… Continue reading Uber CEO tells employees that it is finalizing layoffs as fears circulate among staff that 4,000 jobs will be cut (UBER)
Tesla improves on its ‘million-mile battery’ with less cobalt and higher energy density
Tesla has made even more battery improvements on its new ‘million-mile battery’ now with less cobalt, which could result in lower cost and even more energy density. Last year, we were the first to report on Tesla’s battery research partner, Jeff Dahn and his team at Dalhousie University, unveiling the impressive results of tests on… Continue reading Tesla improves on its ‘million-mile battery’ with less cobalt and higher energy density
BMW Thinks The Key To Wider EV Adoption Is Battery Price Reduction
Today, we wrote about how Benchmark Mineral Intelligence believes controlling the price of raw materials may help reduce battery prices and keep them low. That would require getting car companies involved with the mining business. We also published that recycling may help keep those prices down as well. Whether with mining or recycling, BMW believes… Continue reading BMW Thinks The Key To Wider EV Adoption Is Battery Price Reduction