Category: News Site

Exclusive: Tesla’s secret batteries aim to rework the math for electric cars and the grid

(Reuters) – Electric car maker Tesla Inc (TSLA.O) plans to introduce a new low-cost, long-life battery in its Model 3 sedan in China later this year or early next that it expects will bring the cost of electric vehicles in line with gasoline models, and allow EV batteries to have second and third lives in… Continue reading Exclusive: Tesla’s secret batteries aim to rework the math for electric cars and the grid

Almost half of car dealers made job cuts in first month of COVID-19 lockdown

Six-in-10 car retailers believe that prolonged grants and support from Government are required to support the automotive retail sector through the COVID-19 coronavirus crisis as redundancies begin. A survey conducted by Close Brothers Motor Finance found that 61% thought the ongoing support would be necessary, with just over half (53%) calling on manufacturer support as… Continue reading Almost half of car dealers made job cuts in first month of COVID-19 lockdown

Kia’s future EVs will sport extra-fast 800V charging

Sponsored Links Engadget Super-speedy 800V charging won’t just be reserved for luxury EVs in the near future. As part of a roadmap outlining its next wave of electrification, Kia has revealed (via Autoblog) that some of its upcoming EVs will boast an 800V charging capacity — and not just in the high-end models. Instead, the… Continue reading Kia’s future EVs will sport extra-fast 800V charging

Exclusive: Electrify America Will Transition To Pay By kWh Pricing, And More

One of the biggest complaints that many users of the Electrify America network have will soon be history. In an exclusive interview with Electrify America’s President and CEO, Giovanni Palazzo, we learn that the dc fast charging giant will transition to a pay-by-kWh pricing structure.  The departure from their current pay-by-time model was undoubtedly inspired… Continue reading Exclusive: Electrify America Will Transition To Pay By kWh Pricing, And More

FCA, PSA Group ditch dividend distribution over COVID-19

CLOSE The boards of Fiat Chrysler Automobiles and Peugeot maker PSA Group have nixed a planned dividend distribution in light of the coronavirus pandemic, but they say plans for their 50/50 merger remain on track. As part of their merger announcement last year, FCA and PSA Group had said each company would issue a $1.2 billion (1.1 billion euro) ordinary… Continue reading FCA, PSA Group ditch dividend distribution over COVID-19

GM predicts it will be back to full production in about 4 weeks

CLOSE Cadillac reinvents driving with system that steers car for long distances on highways The automaker brutalized by a 40-day UAW strike plans to take its sharpened rapid response skills and go from total shutdown to total production by mid-June, a top General Motors official acknowledged this week. “Not every facility will ramp up as fast as possible … Ideally,… Continue reading GM predicts it will be back to full production in about 4 weeks

Tesla is officially allowed to reopen Fremont in a week if everything goes well

After a tumultuous week, Alameda County officially announced that Tesla is officially going to be allowed to reopen the Fremont factory in a week if some changes are done. As we previously reported, Elon Musk announced earlier this week that Tesla was restarting production at its Fremont factory despite contrary orders from Alameda County, which… Continue reading Tesla is officially allowed to reopen Fremont in a week if everything goes well

All eyes on Detroit as automakers ready slow, careful reopening of plants

DETROIT (Reuters) – The U.S. factories that make Fords, Chevys and Jeeps are coming back to life this week as workers install new safety equipment and wake up machines ahead of the high-stakes restart the Detroit automakers plan to launch on Monday. Weld curtains hang across the door line at FCA’s Sterling Heights Assembly Plant… Continue reading All eyes on Detroit as automakers ready slow, careful reopening of plants

Lordstown Motors moves forward with motor production line amid COVID-19 outbreak

The electric-vehicle startup that acquired General Motors Co.’s idled Lordstown Assembly plant in northeast Ohio is moving forward with a motor production line that could be in operation within six months, despite challenges posed by the coronavirus pandemic. Lordstown Motors Corp. on Tuesday said it made an exclusive licensing agreement with Slovenia-based Elaphe Propulsion Technologies Ltd. Elaphe will… Continue reading Lordstown Motors moves forward with motor production line amid COVID-19 outbreak