BMW announced Thursday it will spend more than €10 billion euros ($11.07 billion) on battery cells from Chinese battery cell manufacturer Contemporary Amperex Technology Co. and Samsung SDI. The deal comes just days after BMW unveiled its first purely electric premium mid-size sedan, called the i4. The all-electric sedan, which won’t be available until 2021, is… Continue reading BMW locks up €10.2 billion battery order ahead of EV onslaught
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Define and manage growth on your own terms
Tim Hsia & Neil Devani Contributor More posts by this contributor The first hires are the hardest Getting press for your startup: the true role of communications Welcome to this edition of The Operators, a recurring Extra Crunch column, podcast, and YouTube show that brings you insights and information from inside top tech companies. Our… Continue reading Define and manage growth on your own terms
Alnylam Gets Quick FDA OK for Second RNAi Rare Disease Drug
November 20th, 2019 Xconomy Boston — [Updated 11/21/19, 10:05 a.m. See below.] An Alnylam Pharmaceuticals drug developed to treat a rare, inherited metabolic disorder won FDA approval on Wednesday, the second regulatory nod the company has received for a drug that turns off a gene to prevent it from causing disease. The FDA approved the… Continue reading Alnylam Gets Quick FDA OK for Second RNAi Rare Disease Drug
Audi and Porsche are happily cannibalizing their own ICE sales for new EVs
In conversations with Audi and Porsche at the LA Auto Show, a trend emerged: both companies seem quite pleased that so many of their EV sales interest is coming from their own existing, internal combustion customers. For a long time, one worry among automakers has been that creating new EV programs would just be an… Continue reading Audi and Porsche are happily cannibalizing their own ICE sales for new EVs
Tesla Cybertruck: electric pickup truck launch news hub
Tesla is unveiling its Cybertruck, an electric pickup truck, tonight in Los Angeles. Here’s our news hub where you can find links to all the news and media coming out of the event. The project is seven years in the making, since Tesla CEO Elon Musk first mentioned his ambition to make an electric pickup… Continue reading Tesla Cybertruck: electric pickup truck launch news hub
Tesla Roadster: Elon Musk says it might ‘not need key at all’
Elon Musk hinted that the new Tesla Roadster might “not need a key at all” as the prototype is equipped with an interesting door system. When Tesla unveiled the Roadster prototype in 2017, CEO Elon Musk claimed a list of insanely impressive specs including 0-60 mph in 1.9 seconds, 620 miles of range, and more.… Continue reading Tesla Roadster: Elon Musk says it might ‘not need key at all’
GM to build new truck engine facility in Ohio
Detroit — General Motors Co. and Isuzu Diesel Services of America are investing $175 million for a new Brookville, Ohio facility to expand production of engine components for its 2020 Chevrolet Silverado and GMC Sierra heavy-duty pickup, GM announced Thursday. The 251,000 square-foot facility built through the GM and Isuzu joint venture, DMAX, expands on the current DMAX diesel engine manufacturing operation in Moraine,… Continue reading GM to build new truck engine facility in Ohio
Falling pay, Top 50 used car dealers, motor finance
Motor dealers have seen a fall in their pay over the past year as commissions and incentives were cut. This is not surprising given the pressure on the new car market. Even the used car market has felt the pain in recent months with a fall in values hitting the bottom line. The pay pain… Continue reading Falling pay, Top 50 used car dealers, motor finance
UPDATE: It Turns Out Porsche Taycan Deliveries Are Delayed, U.S. Too
Apparently, it’s not just Tesla that runs into early issues with production and delivery. A recent post on the Facebook Porsche Taycan Group reveals that the Taycan is now running on an 8- to 10-week delivery delay. A Norwegian reservation holder received an email from the German automaker explaining the situation. Editor’s Update: One of… Continue reading UPDATE: It Turns Out Porsche Taycan Deliveries Are Delayed, U.S. Too
Tesloop CEO Chimes In On Tesla Cybertruck: More Crazy Predictions
Is there much more to the Tesla pickup than we might have reported about thus far? As it turns out, tonight’s Tesla Pickup Truck (Cybertruck) reveal has proven to welcome droves of coverage and reports to the forefront, not only in terms of Tesla influencers, but also mainstream media, other organizations, and the like. Tesloop… Continue reading Tesloop CEO Chimes In On Tesla Cybertruck: More Crazy Predictions