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UPDATE 3-Tesla to build first European plant in Berlin, Musk says

FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019. REUTERS/Mike Blake (Reuters) – Tesla Inc’s (TSLA.O) Chief Executive Officer Elon Musk said on Tuesday the electric car maker is going… Continue reading UPDATE 3-Tesla to build first European plant in Berlin, Musk says

Electric boat with used Renault Zoe battery packs launches in Paris

An all-electric boat equipped with “second-life” Renault Zoe battery packs has launched as part of Seine Alliance’s fleet operating in Paris. Renault has access to a lot of used Zoe battery packs because it sold many electric cars under a program where they would still own the battery packs and rent them to Zoe owners.… Continue reading Electric boat with used Renault Zoe battery packs launches in Paris

Elon Musk: Tesla is going to build Gigafactory 4 in ‘Berlin area’

Elon Musk has confirmed that Tesla is going to build Gigafactory 4, a new vehicle factory, in the ”Berlin area” as they start listing jobs for the new factory. CEO Elon Musk has been talking about a full battery and vehicle factory in Europe for a while now. Several European countries have even launched campaigns to… Continue reading Elon Musk: Tesla is going to build Gigafactory 4 in ‘Berlin area’

Tesla ICEd by pickup truck gets satisfying justice as police lift it off with crane

A Tesla vehicle had difficulty charging because a pickup truck was icing, but it got satisfying justice when the police ended up lifting the pickup truck off the ground with a crane. Icing is what the EV community calls an internal combustion engine vehicle blocking a charging station for electric vehicles. Sometimes drivers do it… Continue reading Tesla ICEd by pickup truck gets satisfying justice as police lift it off with crane

Tesla is planning new monster Supercharger V3 station to connect LA and Phoenix

Tesla’s rollout of new Supercharger V3 stations has been slow, but it is about to ramp up – including with a large new 28-stall station to connect Los Angeles and Phoenix. CEO Elon Musk said that he wants the Supercharger network to cover “95% to 100% of the population in all active markets”. They had… Continue reading Tesla is planning new monster Supercharger V3 station to connect LA and Phoenix

Chrysler prodded dealers to absorb glut of 40,000 unordered cars

Gabrielle Coppola, Bloomberg Published 10:23 a.m. ET Nov. 12, 2019 | Updated 10:27 a.m. ET Nov. 12, 2019 Fiat Chrysler Automobiles NV has been manufacturing more cars and trucks than its U.S. dealers are willing to accept, at one point creating a nationwide glut of about 40,000 unordered vehicles and stoking tension with some of… Continue reading Chrysler prodded dealers to absorb glut of 40,000 unordered cars

Tesla plans to build next factory in Berlin, Elon Musk says

Chiara Remondini and Christoph Rauwald, Bloomberg Published 3:58 p.m. ET Nov. 12, 2019 | Updated 4:04 p.m. ET Nov. 12, 2019 Elon Musk told an award ceremony crowd that Tesla Inc. plans to build its next factory near the German capital of Berlin, sending a stark message to some of the world’s most prestigious automakers… Continue reading Tesla plans to build next factory in Berlin, Elon Musk says

Physical dealerships to remain important to used car retail

A “clicks and mortar” dealership model appears set to dominate used car retail in the immediate future. New research for Startline Motor Finance indicates that although 64.3% of dealers plan to invest in online finance in the next 12 months, 84.2% of dealers believe it is important that the customer visits their showroom. Similarly, 55.3%… Continue reading Physical dealerships to remain important to used car retail

Hyundai wins bid for stake in Asiana Airlines, to inject over $1.7b

South Korean builder Hyundai Development Co said on Tuesday its consortium has been picked as the preferred bidder for a controlling stake in Asiana Airlines and would inject over $1.7 billion into the debt-ridden carrier. The deal would draw a line under a tumultuous period for the country’s No.2 carrier which is saddled with 9.6… Continue reading Hyundai wins bid for stake in Asiana Airlines, to inject over $1.7b