GM and Microvast pair up to develop tech to boost battery safety

Separators are safety-critical EV battery components, so GM and battery maker Microvast are pairing up to develop the technology of separators, as well as build a new separator plant in the United States. Separators separate the anode from the cathode, allowing for ion transfer. It’s one of the most important elements inside the battery cell. The… Continue reading GM and Microvast pair up to develop tech to boost battery safety

No, Tesla Cybertruck production is not being further delayed

Reports of Tesla Cybertruck production being delayed again are coming out, but these are based on a weak and confusing report. There’s no evidence that the electric truck is not on schedule. When Tesla unveiled the Cybertruck back in 2019, Tesla said that the electric pickup truck would make it to market by the end… Continue reading No, Tesla Cybertruck production is not being further delayed

Fisker confirms production of the Ocean SUV will start later this month, now has over 62,000 reservations

Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Electric vehicle startup Fisker said Wednesday it is on track to begin… Continue reading Fisker confirms production of the Ocean SUV will start later this month, now has over 62,000 reservations

Luminar says it has begun production of its automotive lidar units ahead of schedule

Luminar showcased the first passenger vehicle, a Toyota RAV4, fully integrated with the company’s Iris lidar, which is on-track for series production with its partners starting in late 2022. Luminar Automotive sensor company Luminar said it has begun production of its Iris lidar units for an automaker client, a major milestone that it had previously… Continue reading Luminar says it has begun production of its automotive lidar units ahead of schedule

Wells Fargo, Ford and Apple are in the news. Here’s our take on the Club stocks

Club holdings Wells Fargo (WFC), Ford (F) and Apple (AAPL) are in the news Wednesday, with potential implications for our investment outlook. Here are the noteworthy headlines of the day, along with the Club take. Wells Fargo The news: Wells Fargo could initiate another round of layoffs at its home mortgage division amid a collapse… Continue reading Wells Fargo, Ford and Apple are in the news. Here’s our take on the Club stocks

Ford’s October sales slide 10% amid supply chain issues

Ford F-150 pickup trucks at a dealership in Colma, California, on Friday, July 22, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT – Ford Motor’s U.S. sales last month declined by 10% as the automaker battled through supply chain issues that delayed shipments to dealers. The Detroit automaker on Wednesday reported sales of… Continue reading Ford’s October sales slide 10% amid supply chain issues

Ferrari raises its 2022 guidance again on red-hot demand for sports cars

Ferrari CEO Benedetto Vigna poses for a photograph as Ferrari unveils a new long term strategy, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari on Wednesday again raised its guidance for the full year after shipments, revenue and earnings per share all rose by double-digit percentages during the third quarter. Still,… Continue reading Ferrari raises its 2022 guidance again on red-hot demand for sports cars