@Geely-Volvo: Volvo Cars refinances SEK5 billion of existing preference shares

Volvo Cars has issued SEK5 billion worth of convertible preference shares to a group of Swedish institutional investors, comprising Swedish pension fund AMF and Swedish insurance and pension savings group Folksam.   The preference shares may be repurchased or converted into common shares of Volvo Car AB. No further details on the terms of sale… Continue reading @Geely-Volvo: Volvo Cars refinances SEK5 billion of existing preference shares

Volvo Cars refinances $500 million worth of preference shares with Swedish investors

FILE PHOTO: A Volvo S60 is displayed during the inauguration of Volvo Cars first U.S. production plant in Ridgeville, South Carolina, U.S., June 20, 2018. REUTERS/Randall Hill/File Photo STOCKHOLM (Reuters) – Chinese-owned Volvo Cars said on Monday it had sold 5 billion Swedish crowns ($519 million) of convertible preference shares to a group of Swedish… Continue reading Volvo Cars refinances $500 million worth of preference shares with Swedish investors

@Renault: LADA 4х4: new comfort level of classic SUV

LADA launches production of the modernized LADA 4×4 SUV: the car received a modernized interior and became more comfortable and safer. A new climate system control module appeared on the fully updated dashboard. Three controls and electronic heater shutter, as well as new air ducts increase system performance and operation comfort. In addition, the glove… Continue reading @Renault: LADA 4х4: new comfort level of classic SUV

New Lotus Evija: full details, pricing and specs

The Lotus Evija has entered the next stage of its development programme, with these latest images showing a prototype undergoing chassis development at Hethel Test Track in Norfolk. It’s the British brand’s first new car in a decade and, when it enters series production next year, Lotus says it’ll be the world’s most powerful road… Continue reading New Lotus Evija: full details, pricing and specs

After 50 Years, This Would-Be ‘Ferrari Killer’ Is Back: Say Hello to the New ATS GT – Robb Report

True connoisseurs of automobiles take years or even decades to acquire their level of discernment, appreciate proper historical content and context, and use these factors as guides for what to purchase. Then they often keep their cars for a good portion of their lives. Their knowledge of a particular marque’s story, its place in the… Continue reading After 50 Years, This Would-Be ‘Ferrari Killer’ Is Back: Say Hello to the New ATS GT – Robb Report

213 million euros to revive PSA Mulhouse in Sausheim

PSA detailed its recovery plan for the Sausheim plant, near Mulhouse (Haut-Rhin), at a CSE meeting on December 12. 213 million euros will be invested from 2020 to 2022 to enable the production of a new vehicle and make the site a benchmark in hybrid technologies. The PSA Mulhouse factory in Sausheim (Haut-Rhin) sees more… Continue reading 213 million euros to revive PSA Mulhouse in Sausheim

@Geely: Mon 16 Dec 2019Lotus Evija: dynamic test notes (G. Kershaw)Latest shakedown follows extensive computer simulations, plus multiple sessions in UK and I…

Latest shakedown follows extensive computer simulations, plus multiple sessions in UK and Italy   Date: 6 December 2019Driver: Gavan Kershaw, Director, Attributes and Product Integrity, Lotus CarsLocation: Hethel, Norfolk, UKCar: Lotus Evija engineering prototype #2 Pre-test notes: Latest shakedown follows extensive computer simulations, plus multiple sessions in UK and Italy. Engineering prototype #2 is the… Continue reading @Geely: Mon 16 Dec 2019Lotus Evija: dynamic test notes (G. Kershaw)Latest shakedown follows extensive computer simulations, plus multiple sessions in UK and I…

Tesla Gigafactory 4 Third Phase — 750,000 Car Capacity

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Published on December 14th, 2019 |

by Johnna Crider

Tesla Gigafactory 4 Third Phase — 750,000 Car Capacity

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December 14th, 2019 by Johnna Crider

In a German article published by Lausitzer Rundschau, we learn that Tesla expects to reach a production capacity of 750,000 cars in the third phase of Tesla Gigafactory 4 (GF4) outside of Berlin. The article tells us that the Agriculture Minister, Axel Vogel, gave Tesla the green light when it comes to the amount of water that GF4 will need. Two key highlights from the article concern trees and water supply. Let’s dig into both.

The Trees
The article leads in with the fact that Tesla will have to cut down some trees in the area to build its factory, but Tesla also plans to plant three times as many trees to help balance that loss. (This is in addition to Elon Musk donating $1 million to Team Trees as a part of an initiative to help the Arbor Day Foundation plant 20 million trees in 2020.)

Added to that, Lausitzer Rundschau reports that the state forestry company that is selling the 300 hectares of forest in Grünheide to Tesla will be using the funds to purchase new forest areas.

Yes, cutting trees down is a bad thing, but in comparison to the logging going on for years in the Amazon, Tesla’s is just a small drop in that bucket. The factory will create something that will ultimately benefit us in the long run.

Water Supply
Although the Minister has given the green light when it comes to the issue of water for the GF4, the Strausberg-Erkner water association said that the necessary administrative requirements for the water supply haven’t been met yet by the Environment Ministry and the State Environment Agency. The Strausberg-Erkner water association is responsible for the area’s water supply as well as disposal and, once it is able, it will take over the supply for the first construction phase. The first construction phase is slated to have an annual production of 250,000 cars. The second phase will raise that to 500,000 cars, and the third phase is expected to bring the factory’s production capacity to 750,000 cars a year. Even though water can be supplied for the first phase, the association is still looking for solutions.

There is still a ways to go before GF4 is complete (after all, it was just announced), but as we have seen with GF3, we can be sure that Tesla will try to have it completed in record time as well.
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Johnna Crider Johnna Crider is a Baton Rouge artist, gem and mineral collector, and Tesla shareholder who believes in Elon Musk and Tesla. Elon Musk advised her in 2018 to “Believe in Good.”

Tesla is one of many good things to believe in. You can find Johnna on Twitter

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Tesla releases giant new home solar power system

Tesla has released a giant new version of its latest home solar system – a 15.4 kW solar system suitable for 4,000+ sq ft homes. Over the last few months, Tesla has been trying to revamp its solar business. More recently, Tesla launched a new solar rental service under which homeowners can get a solar panel… Continue reading Tesla releases giant new home solar power system

Colossal Dual-Motor & Tri-Motor Tesla Cybertruck Variants Coming 1 Year Sooner

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Published on December 9th, 2019 |

by Cynthia Shahan

Colossal Dual-Motor & Tri-Motor Tesla Cybertruck Variants Coming 1 Year Sooner

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December 9th, 2019 by Cynthia Shahan

Tesla’s Cybertruck order page was recently updated to change up expected production and delivery timelines. The start timelines for the Dual-Motor and Tri-Motor variants’ estimated production have been updated quite a bit. Presumably, the many preorders have influenced this time change.

Certainly, the preorders are steadily building up for all of the variants, but some must be getting much more interest than others.

Tesla.com shows Dual and Tri-Motor Cybertruck production start estimate to be now late 2021. Screenshot courtesy XAuto.

Iqtidar Ali points out that the new information came officially as the estimated production year changed on the configurator. There was no blizzard of social media announcements on this one, interestingly. Ali explains: “now instead of previously stated 2022, [the Dual- and Tri-Motor] variants will be coming late 2021, a whole year earlier.” The Single-Motor RWD option is scheduled to start production in 2022.

Historically, Tesla started production of longer-range, more-expensive variants of new models before gradually working down to the base variants. This is the norm across the industry, actually. However, Tesla surprised when the Cybertruck was revealed by indicating that the lowest-price, lowest-range base trim would be produced first. Apparently, though, Tesla has reconsidered and gone back to its previous system.

There are a lot of reasons people — even new drivers, younger generations — are looking into the Cybertruck. There’s style, what that may mean about someone’s self-image, the pure logic of the vehicle, sophisticated aerodynamics that one associates with a Bond vehicle, its high-tech offerings, and its potentially game-changing use as a self-driving vehicle.

The Tesla Model 3 is flooding streets in many regions. In only a few years, those Model 3s will be flowing alongside a new, high-tech, futuristic vehicle with colossal style, a vehicle which is still mysterious, but we learn more about almost every day.

Featured Image: Kyle Field | CleanTechnica
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Cynthia Shahan Cynthia Shahan started writing by doing research as a social cultural and sometimes medical anthropology thinker. She studied and practiced both Waldorf education, and Montessori education. Eventually becoming an organic farmer, licensed AP, and mother of four unconditionally loving spirits, teachers, and environmentally conscious beings born with spiritual insights and ethics beyond this world. (She was able to advance more in this way led by her children.)

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