Magna Powers Ferrari SF90 Stradale With Innovative Dual-Clutch Transmission

Transmission developed in cooperation with Ferrari Reduced weight and CO2 emissions Higher torque delivers superior performance TAGSDual-clutch transmission, plug-in hybrid powertrains, hypercars MEDIA CONTACTS Tracy Fuerst, Global Director of Corporate Communications & PRtracy.fuerst@magna.com, (+1) 248.631.5396 ABOUT MAGNA We are a mobility technology company. We have more than 166,000 entrepreneurial-minded employees and 346 manufacturing operations and… Continue reading Magna Powers Ferrari SF90 Stradale With Innovative Dual-Clutch Transmission

Audi experiments with a ride share service in Southern Germany using an EV and gasoline fleet

Audi Business Innovation is testing out a ride sharing service in Southern Germany called BITS that uses both gasoline and electric vehicles in its fleet. To manage the service, Audi has turned to Fleetonomy, a fleet management service that offers white labeled ride hailing app services and fleet management technology. The company develops technology to… Continue reading Audi experiments with a ride share service in Southern Germany using an EV and gasoline fleet

Aeva shrinks size, cost of crucial self-driving sensor; deepens VW ties

(Reuters) – Aeva Inc said it has shrunk the main components of its “lidar” self-driving car sensor onto a single chip, a move it expects to dramatically lower the price of a sensor widely considered a bottleneck in the mass production of autonomous vehicles. The company, founded by ex-Apple Inc engineers Soroush Salehian and Mina… Continue reading Aeva shrinks size, cost of crucial self-driving sensor; deepens VW ties

Top Gear’s Chris Harris Talks Tesla Cybertruck

“It’s the usual utter nonsense from Mr. Musk … because it looks like a four-year-old designed it.” Top Gear calls the Tesla Cybertruck the “sharpest design we’ve seen in a very, very long time.” The publication precedes that statement with the word, “literally.” Clearly, this is to say that the all-electric pickup truck has very… Continue reading Top Gear’s Chris Harris Talks Tesla Cybertruck

Porsche Logs 10,000 Binding Taycan Orders: Another 20,000 Pre-Ordered

Porsche’s switch to electric cars is going smoothly so far. Demand for the all-electric Porsche Taycan exceeds expectations of theGerman manufacturer, as 30,000 pre-orders with €2,500 down payments were received in Europe. We guess that the global number might be significantly higher. Out of those 30,000, roughly 10,000 already placed a binding order. That’s a… Continue reading Porsche Logs 10,000 Binding Taycan Orders: Another 20,000 Pre-Ordered

Rumor Mill: Tesla Gigafactory 4 To Produce 500,000 Cars A Year

If the rumors are true, within a few years Tesla might have the biggest electric car factory in Europe. According to unofficial reports from Germany (Bild newspaper), the Tesla Gigafactory 4 plant will be able to produce up to 500,000 electric cars annually. The ultimate production rate would then be similar to what’s planned for the… Continue reading Rumor Mill: Tesla Gigafactory 4 To Produce 500,000 Cars A Year

@BMW: Securing raw material supplies for battery cells: BMW Group signs supply contract with Ganfeng for sustainable lithium from mines in Australia

Munich. As part of its electromobility expansion, the BMW Group is deepening its existing business relationship with Ganfeng Lithium Co., Ltd. based in Jiangxi (China). The two companies have signed a supply contract for the lithium needed as a key raw material for battery cells. “The projected order volume totals 540 million euros. In this… Continue reading @BMW: Securing raw material supplies for battery cells: BMW Group signs supply contract with Ganfeng for sustainable lithium from mines in Australia

UPDATE 1-Tesla plans increasing imported Model 3 prices in China from January -sources

FILE PHOTO: China-made Tesla Model 3 electric vehicles are seen at the Gigafactory of electric carmaker Tesla Inc in Shanghai, China December 2, 2019. REUTERS/Aly Song BEIJING (Reuters) – U.S. electric vehicle maker Tesla Inc plans to increase prices of imported Model 3 vehicles in China in January, sources familiar with the matter said. Tesla… Continue reading UPDATE 1-Tesla plans increasing imported Model 3 prices in China from January -sources

Tesla plans increasing imported Model 3 prices in China from January

BEIJING, Dec 11 (Reuters) – U.S. electric vehicle maker Tesla Inc plans to increase prices of imported Model 3 vehicles in China in January, sources briefed with the matter said. Tesla plans to increase prices of imported Model 3 vehicles with longer range and those with performance function, which are currently priced at 439,900 yuan… Continue reading Tesla plans increasing imported Model 3 prices in China from January

Tesla Gigafactory 4 will produce 500,000 Model Y and Model 3 cars per year

Tesla Gigafactory 4, the automaker’s recently announced new factory near Berlin, will produce 500,000 Model Y and Model 3 cars per year, according to new documents discovered by German media. Last month, CEO Elon Musk confirmed that Tesla is going to build Gigafactory 4 in the “Berlin area.” The project is going to take place… Continue reading Tesla Gigafactory 4 will produce 500,000 Model Y and Model 3 cars per year