Tesla has withdrawn an application for over $1 billion in subsidies for battery production at Gigafactory Berlin. CEO Elon Musk appears to imply that Tesla withdrew because they don’t want government subsidies, but there are other theories. After announcing plans to build a large electric vehicle factory in Berlin, Tesla confirmed that the project would… Continue reading Tesla withdraws application for $1B in subsidies for German factory, Musk implies they don’t want it
Category: Tech News
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Tesla is investing almost $200 million to expand Gigafactory Shanghai and hire 4,000 people
Tesla has indicated that it plans to invest almost $200 million to expand Gigafactory Shanghai and hire 4,000 more people. Gigafactory Shanghai has been an incredible success story for Tesla. The automaker achieved an annualized production capacity of 500,000 electric vehicles at Gigafactory Shanghai within two years of starting production at the new factory. It… Continue reading Tesla is investing almost $200 million to expand Gigafactory Shanghai and hire 4,000 people
A Tesla Model S Plaid becomes first to hit 8-second quarter-mile
A Tesla Model S Plaid has become the first Tesla vehicle to hit an eight-second quarter-mile. By some definition, it’s also the first “production car” to achieve a quarter-mile time under nine full seconds. It depends on your definition of a “production car,” which varies in the drag racing community. Some believe that it’s a… Continue reading A Tesla Model S Plaid becomes first to hit 8-second quarter-mile
Chinese regulators want Didi to delist from US on data security fears: report
Chinese regulators have asked top executives of ride hailing giant Didi Global Inc to devise a plan to delist from US bourses on data security fears, Bloomberg News reported. China’s tech watchdog wants the management to take the company off the New York Stock Exchange on concerns about leakage of sensitive data, the report said, citing people… Continue reading Chinese regulators want Didi to delist from US on data security fears: report
Uber to shutter most of its service in Belgium tomorrow after court ruling
Uber will halt its ride-hailing service in most of Belgium tomorrow following a court ruling Wednesday that extends a 2015 order banning its p2p UberPop service to also cover professional drivers providing its ride-hailing service. Uber told us that it is studying the detail of the ruling to decide whether to appeal the decision with… Continue reading Uber to shutter most of its service in Belgium tomorrow after court ruling
Baidu, Pony.ai get nod to launch paid, driverless robotaxi services in Beijing …
Chinese tech group Baidu Inc and self-driving startup Pony.ai have won approval to launch paid driverless robotaxi services that will see the firms deploy not more than 100 vehicles in an area in China’s capital Beijing. The state-backed Beijing Daily newspaper reported on the approvals on Thursday, citing a ceremony held by the Beijing Economic and… Continue reading Baidu, Pony.ai get nod to launch paid, driverless robotaxi services in Beijing …
Indian EV startup Simple Energy looks to boost capacity after $21m funding
The round saw participation from current investors and board members, Manish Bharti of UiPath; and Raghunath Subramanian, non-executive chairman, UiPath India, respectively. New investors such as Sattva Group, Athiyas Group along with several high net-worth individuals (HNIs) also invested as a part of the round. According to the company, the funds raised will be used… Continue reading Indian EV startup Simple Energy looks to boost capacity after $21m funding
Tesla unveils $20,000 Carbon Ceramic Brake Kit for Model S Plaid
Tesla has unveiled the first new track-ready accessory kit for Model S Plaid: a $20,000 Carbon Ceramic Brake Kit. The Model S Plaid has been on the market for half a year and it has already impressed many with its incredible performance. Aside from the $1 million limited-production Rimac Nevera, it’s the quickest production car… Continue reading Tesla unveils $20,000 Carbon Ceramic Brake Kit for Model S Plaid
Ionity lands €700 million investment from BlackRock, automakers to expand EV fast-charging network
Ionity, an electric vehicle fast-charging charging network provider whose owners include Daimler AG and Volkswagen Group, has scored a €700 million ($783 million) investment from BlackRock Global and existing shareholders to expand its footprint across Europe. The company, which was founded in 2017, installs ultra-high-speed EV charging stations. It was launched as a joint venture… Continue reading Ionity lands €700 million investment from BlackRock, automakers to expand EV fast-charging network
Tesla increases prices globally as supply chain issues persist
Tesla has increased Model 3 and Model Y prices in several more international markets, including some critical ones like China and Canada. Pressure from supply chain problems is assumed to be responsible. Over the last year, Electrek has consistently covered price increases to Tesla’s lineup in the US, where the automaker has incrementally increased prices… Continue reading Tesla increases prices globally as supply chain issues persist