OEMs – Page 4808 – I wish I had more to offer

GM Canada Reports February Sales

GM Canada Reports February Sales 2019-03-01 OSHAWA, Ontario (March 1, 2019) — Chevrolet, Buick, GMC and Cadillac dealers delivered 16,350 vehicles in February including 11,401 retail and 4,949 fleet deliveries. “Canadians continue to love our full portfolio of crossovers and this momentum continued in February, with our best crossover sales month ever,” said Scott Bell, vice-president, sales,… Continue reading GM Canada Reports February Sales

Why Volkswagen now mimics the climate protector

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VW threatens to leave the industry association VDA

Tesla Model Y Reveal: And The Biggest Surprise Was…

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Published on March 15th, 2019 |

by Frugal Moogal

Tesla Model Y Reveal: And The Biggest Surprise Was…

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March 15th, 2019 by Frugal Moogal

Tonight, Tesla revealed the Model Y, and thanks to the reveal of the Tesla Roadster as part of the Tesla Semi announcement, we were expecting some surprises.

The night started with Elon Musk walking us through the history of the vehicles that Tesla has delivered (first generation Roadster, Model S, Model X, and Model 3), the vehicles that Tesla intends to bring to market soon (the new Roadster and Tesla Semi), and how Tesla built the Gigafactories for those cars.

The next thing that Musk covered was the Solar Roof and Power Wall, and he mentioned that this would be the year of these products. Those who follow Tesla may have been mildly surprised by this, as the solar roof in particular got a lot of attention a few years ago, but has been almost completely overlooked lately.

A Supercharger update followed this, noting the great expansion that has already occurred, the expansion they expect to continue in the future, and a bit about the faster V3 Superchargers.

Musk then covered Tesla’s mission and how critical it is to what the company does. For anyone who questioned why the Model Y was unveiled now, this is your answer. Musk made a point to show how in the past ten years, the industry has changed from one opposed to the idea of electric cars, to many manufacturers doubling down on the transition year after year, and the role Tesla has played in that is massive. The point of the reveal tonight is to get those companies to challenge Tesla to create better electric SUVs faster than Tesla can, while signaling to people who may be thinking of purchasing an SUV in the near future that they may want to wait and get a Model Y instead of something else.

We finally got to the unveiling of the Model Y, and its look was not a surprise. In fact, it looked exactly like I expected it to — it’s a larger version of the Model 3 with an EPA range estimated to be 300 miles for the RWD variant. And just like Musk alluded to before the reveal, it is about 10% more expensive and 10% less efficient.

Production begins “late next year.”

The unveiling of Model Y went pretty quickly, and was light on details. And that brings us to…

The Biggest Surprise
To me, the biggest surprise of the night was that there was no giant surprise. The Model Y wasn’t hiding a truck, the Model S and X aren’t refreshed, and at the end of the event, it was just the Model Y.

This surprise, or lack thereof, may have been disappointing to a lot of people who expected something big and flashy. As I’ve reflected on it writing this article, however, I’m not disappointed at all about it.

Tonight we saw a confident Elon Musk announce production of a vehicle that Tesla knows it can deliver to market. The Model Y is expected to be the most popular vehicle that Tesla has produced yet, and one of the most popular in the world. Why overshadow that achievement with something else?

Unlike past announcements, there was no mention of “production hell” or what a challenge bringing the Model Y to production would be. The history of Tesla and its various problems led us to this point, where Musk expects that Tesla can confidently deliver on its production goals exactly as expected.

And that’s the surprise. Tesla acted like — and for perhaps the first time is — a major automaker announcing a new vehicle.

Stay tuned for much more exclusive content from the Model Y event. CleanTechnica had three reporters on hand.

About the Author

Frugal Moogal A businessman first, the Frugal Moogal looks at EVs from the perspective of a business. Having worked in multiple industries and in roles that managed significant money, he believes that the way to convince people that the EV revolution is here is by looking at the vehicles like a business would.

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Tesla Model Y Versus The Bottom Line: What We Learned

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Published on March 15th, 2019 |

by Frugal Moogal

Tesla Model Y Versus The Bottom Line: What We Learned

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March 15th, 2019 by Frugal Moogal

I sat down to watch the Model Y unveiling tonight with a list of questions that I was hoping to get answers to from a business perspective. Namely, where the Model Y was going to be produced, what quantities the company was looking at, and whether there were any hints about current demand to help explain if the plan to shut down many Tesla stores had to do with there being so much demand that it made no sense to keep them open, or if there was a so-called demand pocket for the vehicles at the moment.

And, we learned … none of that.

As I pointed out in my first article about the surprises, the reveal of the Model Y was the first time that I feel like Tesla acted fully like a major automaker for an announcement. A large segment of Tesla fans and market pundits are obsessed with hearing about every detail of how Tesla is doing what it is doing (and thanks for reading this article and visiting CleanTechnica!), but instead of feeding into that and potentially making statements that are difficult to follow through on, the Model Y announcement was a simple presentation walking people through the history of the company and explaining the next step.

Having said that, I started playing in the configurator for the Model Y and the interior is so similar to the Model 3 that I had to double check that I was still looking at a Model Y.

This is a guess, but I’m curious to hear what you think — we heard before from Elon Musk that the Tesla Model Y would use more than 75% of the same parts as the Model 3 (or ~76%). The interior is so similar, at least in the front, that I don’t see any parts beyond the rear-view mirror being redesigned to come down a bit further.

There had been statements put out by third parties that Tesla hadn’t contacted them to start ordering parts for the Model Y yet, which was held up by some as proof that Tesla was rushing this announcement. I’m now of the belief that the majority of the parts that Tesla doesn’t make itself will be identical to what is used in the Model 3.

To me, this is actually a hugely important bottom line — the amount of shared parts will enable Tesla to tightly control the costs on the Model Y, and I expect that combined with the experience the Silicon Valley company has from the Model 3 will allow Tesla to make a significant margin on every Model Y sold.

The parts that are different may mostly be in-house parts, like the doors, hood, and windshield.

Stay tuned for much more exclusive content from the Model Y event. CleanTechnica had three reporters on hand.

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Ford Offers Voluntary Separation Programs in Germany and UK as It Continues to Transform Its Business in Europe

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility… Continue reading Ford Offers Voluntary Separation Programs in Germany and UK as It Continues to Transform Its Business in Europe

Tesla Upgrading Its Supercharging Network To V3 For Next-Generation Speeds

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Published on March 4th, 2019 |

by Kyle Field

Tesla Upgrading Its Supercharging Network To V3 For Next-Generation Speeds

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March 4th, 2019 by Kyle Field

The rollout of Tesla’s next-generation Supercharging network is starting on Wednesday, according to a tweet by CEO Elon Musk late Sunday. The first public Supercharging point running at the company’s new version 3.0 spec will go live at 8pm on Wednesday, March 6th, 2019.

The Supercharging V3 spec is expected to level up Tesla’s charging network to compete with the cutting edge speeds of other next-generation public chargers, which are operating at speeds of 150–350kW. Tesla has not disclosed the specs for its Supercharger V3 stations. Though, CEO Elon Musk teased the twittersphere back in 2016 when asked if they would operate at 350kW. He playfully mocked the speed, leading to rampant speculation that Tesla’s next-generation chargers would raise the bar even further, and that was back in 2016!

Increasing the speed of its charging network was one of the critical pushes the company was working on to improve the availability of its Supercharging network in its home market of California and beyond. Increasing the speed of its Superchargers not only gets owners back on the road faster, it frees up the stations being utilized much faster, improving the overall power a station can provide to even more drivers per day.

On the financial side of things, investing more capital into the chargers themselves makes better use of the existing real estate agreements Tesla has in place. The move leverages Tesla’s increased access to capital, thereby improving the usefulness of its existing real estate agreements.

The offset is that the higher power chargers will pull down power from the utility even faster, incurring more demand charges with the utility. Demand charges are the fees ratepayers incur based on how fast they pull down power. The fatter the pipe and the more power they pull at one time, the higher the charges. To offset this, Tesla will install its Powerwall stationary energy storage units to serve as a buffer between their charging stations and the utility.

Take these for a grain of salt, but a redditor who claimed to have inside information from a Tesla employee said that the new standard included:

200kW actual charging speed
Cabinets can support 250kW max speed each
All Model 3 battery configurations can charge at these speeds
Supercharger V3 is a full redesign from previous generation
V3 chargers use the industrial inverters from Tesla’s Powerpacks
All V3 will eventually have much thinner liquid cables than current ones
Coolant pump will be located in the base of the Supercharger and can be installed into existing Supercharger V2 stations
Solar panels and Powerpack integration is a part of the design spec
Up to 7 V3 cabinets per bus (or block) can be linked, with an optional connection to one Power Pack
Supercharger V3 will have 40% better throughput performance thanks to a 96% efficiency inverter versus the 92% efficiency inverter in the Supercharger V2 units.

The new design also brings reduced harmonics and no over-voltage sensitivity
The new efficient design brings an impressive savings in purchased electricity

Combined AC input is 438kVA, 526A
Cabinets are on a shared DC radial configured bus of 880-1000
Any extra power can be shared across cabinets
Site master controller is 4G LTE for communication for remote diagnostics and billing

The new charging spec is simply the next step in Tesla’s full court press on the automotive industry. No other automaker has yet to truly push into solving public charging infrastructure needs for its vehicles. Even Volkswagen and its mandated Electrify America program is not adding enough public charging infrastructure to enable worry-free long-distance travel.

This is not brand favoritism — it is the simple reality of public EV charging networks in 2019. Compare a Hyundai Kona EV and a Tesla Model 3. They are both great cars, but the ability to simply head out on a 5 hour road trip without thinking about it (like you would in a gas or diesel vehicle) only exists in one of the two.

Other companies have public chargers that compete at the speeds being thrown around about Tesla’s Supercharger V3 network, but they are only pilot installations. More cohesive efforts to stitch together networks of next generation 150kW+ DC fast chargers are starting to be rolled out in Europe, but Tesla is leaps and bounds beyond anyone else when it comes to having a consistent product with easy access and more than 12,000 charging points in operation.

The big question with the rollout of the first Supercharging V3 station is about the capability of Tesla’s vehicles. Some of the older battery packs already can’t charge at the full power of today’s 125kW stations. The Model 3 has Tesla’s latest EV charging hardware in it, but nobody knows how fast it can actually take a charge.

About the Author

Kyle Field I'm a tech geek passionately in search of actionable ways to reduce the negative impact my life has on the planet, save money and reduce stress. Live intentionally, make conscious decisions, love more, act responsibly, play. The more you know, the less you need. TSLA investor.

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Tender Offer Extension for Acquisition of Maxwell Technologies, Inc.

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Tender Offer Extension for Acquisition of Maxwell Technologies, Inc.

Mar 15,2019

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Tender Offer Extension for Acquisition of Maxwell Technologies, Inc.

PALO ALTO, Calif., March 15, 2019 (GLOBE NEWSWIRE) — Tesla, Inc. today announced that it has extended the expiration of its previously announced offer, through its direct wholly-owned subsidiary Cambria Acquisition Corp., a Delaware corporation, to acquire each outstanding share of common stock of Maxwell Technologies, Inc.

The offer is now scheduled to expire at 11:59 p.m., Eastern time, on April 2, 2019, unless it is further extended or earlier terminated in accordance with the merger agreement. The offer was previously scheduled to expire at 11:59 p.m., Eastern time, on March 19, 2019. All other terms and conditions of the tender offer remain unchanged.

The depositary of the offer has advised that, as of 5:00 p.m., Eastern time, on March 14, 2019, a total of approximately 3,094,515 shares of Maxwell common stock had been validly tendered and not validly withdrawn in the offer.

The closing of the offer remains subject to customary closing conditions, including the effectiveness of the registration statement of which the prospectus/offer to exchange forms a part.

Forward Looking Statements

This communication contains forward-looking statements that involve risks and uncertainties. These forward-looking statements are based on current expectations, estimates and forecasts, as well as the beliefs and assumptions of Tesla’s management, and are subject to risks and uncertainties that are difficult to predict. Many factors could cause actual results or events to differ materially from those anticipated, including: risks and uncertainties discussed in this communication and those matters described under the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of Tesla’s Annual Report on Form 10-K for the year ended December 31, 2018, subsequent Reports on Form 8-K, the Schedule TO relating to the offer and other filings Tesla makes with the SEC. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. We do not assume any obligation to update any forward-looking statements.

Additional Information and Where to Find It

This communication is neither an offer to purchase nor a solicitation of an offer to sell shares of Maxwell. On February 20, 2019, Tesla filed with the SEC a Tender Offer Statement on Schedule TO and a Registration Statement on Form S-4 and Maxwell filed with the SEC the Solicitation/Recommendation Statement on Schedule 14D-9. Maxwell’s stockholders are urged to read the offer materials (including the prospectus/offer to exchange and the related letter of transmittal) because they contain important information that stockholders should consider before making any decision regarding tendering their shares.

The offer materials are available for free at the SEC’s web site at www.sec.gov. Copies of the offer materials and Schedule 14D-9 may also be obtained free of charge from Georgeson LLC, the information agent for the offer, by writing Georgeson LLC, 290 Avenue of the Americas, 9th Floor, New York, NY 10104, or by calling toll free at (888) 643-8150.

Source: Tesla, Inc.

Future-proof structures: BMW Group reorganises Management Board divisions

Munich. The BMW Group is reorganising its Board of Management to create a new leaner, future-oriented structure. From 1 April 2019, the BMW, MINI and Rolls-Royce automotive brands will be part of a new central Sales Division. It will be headed by Pieter Nota, Member of the BMW AG Board of Management responsible until now… Continue reading Future-proof structures: BMW Group reorganises Management Board divisions

Heritage-Inspired Grabber Lime Arrives for 2020 Ford Mustang

2020 Mustang in Grabber Lime DEARBORN, Mich., March 15, 2019 – Just in time for St. Patrick’s Day, Ford is unveiling Grabber Lime for the 2020 Mustang. More potent than krypton-ite, this high-impact green inspired by a vintage Mustang color from the 1970s is sure to leave other muscle cars green with envy. “It’s lime… Continue reading Heritage-Inspired Grabber Lime Arrives for 2020 Ford Mustang