A week before I took delivery of the Ford Fusion Energi (starting at $31,400), the automaker announced it would be ending the US production of all but one of its cars (the Mustang) in the next few years. The Fusion’s days are numbered and no single review would save it. So now what? The odd… Continue reading The Ford Fusion Energi hybrid is great but going away
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BP Invests In StoreDot – Firm Promises Charging As Quick As Fueling
5 M BY MARK KANE BP Ventures, the investment arm of the oil major BP, invested $20 million in Israeli-based StoreDot, which promises batteries capable of ultra-fast charging in 5-minutes. StoreDot has been hinting at its breakthrough batteries for several years now (see news from 2015 and from 2017), and finally this year is securing… Continue reading BP Invests In StoreDot – Firm Promises Charging As Quick As Fueling
Luc Chatel: “The auto industry will play its survival in the coming years”
Remember that ten years ago, the French automobile almost died. The industry has recovered thanks to considerable efforts to adapt to globalization, to improve competitiveness, innovation and employee skills. Today, we have two major manufacturers and four global equipment manufacturers. But the sector will play its survival in the coming years on its ability to… Continue reading Luc Chatel: “The auto industry will play its survival in the coming years”
Electric car: the state promises 100,000 terminals in 2022
The whole family. The faces of the French automotive industry were all there, Tuesday afternoon in Bercy, for the signing of the new strategic contract of the automotive industry, ratified by no less than three ministers – Bruno Mayor, Elisabeth Borne and Nicolas Hulot. Rarely, even Carlos Ghosn and Carlos Tavares, the bosses of PSA… Continue reading Electric car: the state promises 100,000 terminals in 2022
RPT-UPDATE 2-Tesla’s Musk admits Model 3 braking issue, promises fix
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk has sought to play down a report identifying “big flaws” in its Model 3 sedan, admitting there is a braking issue with the vehicle but saying it will be fixed with a software update within days. FILE PHOTO: A Tesla Model 3 is seen in a… Continue reading RPT-UPDATE 2-Tesla’s Musk admits Model 3 braking issue, promises fix
Third-generation Tesla Supercharger to double existing UK charger capacity
Tesla will reveal its third generation of the Supercharger later this summer, CEO Elon Musk has revealed. The current Supercharger charges at a capacity of 120kW and the next-gen version is likely to double this, given Musk’s previous comments. While the second-gen Supercharger is currently the UK’s fastest, charge point provider Pod Point announced in February… Continue reading Third-generation Tesla Supercharger to double existing UK charger capacity
China cutting auto import taxes as of July 1
Joe McDonald, AP Business Writer Published 9:42 a.m. ET May 22, 2018 In this April 26, 2018, file photo, visitors look at a Buick Enspire concept car on display at the China Auto China in Beijing. China has announced it will reduce auto import duties effective July 1 following promises to buy more U.S. goods… Continue reading China cutting auto import taxes as of July 1
Elon Musk admits Tesla braking flaw
Tesla boss Elon Musk has admitted there is a braking issue in its Model 3 cars but promised a firmware update to fix it “in the next few days”. The problems were flagged up in a review of the electric car by US website Consumer Reports. “Our testers found flaws – big flaws – such… Continue reading Elon Musk admits Tesla braking flaw
New Renault-Nissan-Mitsubishi VC fund invests first $50m in car tech startups
May 22, 2018 The Renault-Nissan-Mitsubishi alliance’s new venture capital fund has agreed five investments in four months totaling $50 million and will present another to its supervisory board next week, the fund’s head said. The alliance said in January it was setting up the fund with plans to invest as much as $1 billion over… Continue reading New Renault-Nissan-Mitsubishi VC fund invests first $50m in car tech startups
China slashes auto import tariffs in boost to BMW, Tesla
SHANGHAI/BEIJING (Reuters) – China will steeply cut import tariffs for automobiles and car parts, opening up greater access to the world’s largest auto market amid an easing of trade tensions with the United States. FILE PHOTO: Visitors pass by a booth with long wheelbase BMW X1 xDrive25Li displayed during the Auto China 2016 auto show… Continue reading China slashes auto import tariffs in boost to BMW, Tesla