(Reuters) – Tesla Inc’s shares sky-rocketed on Thursday after the electric car maker surprised investors with a rare quarterly profit, and delivered a record number of cars while keeping a lid on costs. FILE PHOTO: A driver steers a Tesla Model S at the Nuerburgring race track, in the western German low mountain range of… Continue reading Tesla’s difficult path to profit in six charts
Tag: Manufacturing
VW ID.3 Electric Motor Is So Compact That Fits In A Sports Bag
From 2023 on, Volkswagen intends to produce 1.4 million of similar electric drive units annually. Volkswagen recently showed an electric motor, the first in a family, compact enough to fit in a sports bag, despite delivering more than 200 horsepower. That’s the beauty of an electric drive. ” It’s not only less complex than a… Continue reading VW ID.3 Electric Motor Is So Compact That Fits In A Sports Bag
NCM 811 Almost Account For A Fifth Of EV Li-Ion Deployment In China
China is well advanced in switching to the NCM 811 type of lithium-ion cathode for EV batteries. The new NCM 811 lithium-ion battery chemistry takes the Chinese passenger xEV (BEV, PHEV, HEV) market like a storm. According to Adamas Intelligence, In September, NCM 811 was responsible for 18% of passenger xEV battery deployment (by capacity). The… Continue reading NCM 811 Almost Account For A Fifth Of EV Li-Ion Deployment In China
Press: ZF and Danfoss Seal Strategic Partnership
“This is a robust long-term partnership that enables ZF and Danfoss to pool their strengths. Coming together on this opens up significant innovation potential to improve the technical and commercial competitiveness of our inverters. We will utilize this advantage in all our drivetrain applications, from hybrid up to full electric applications,” explains Jörg Grotendorst, Head… Continue reading Press: ZF and Danfoss Seal Strategic Partnership
Alabama-built Hyundai Santa Cruz pickup in the works
Hyundai has confirmed plans for an Alabama-built pickup called the Santa Cruz.Along with its sleek styling, the Santa Cruz concept featured an extended cab with rear-hinged half-doors and a unique extendable bed that gave it the carrying capacity of a midsize pickup.Hyundai has not confirmed either feature or the final styling for the production vehicle.
German carmaker Daimler presents new business strategy for coming years
BERLIN, Nov. 14 (Xinhua) — The German car manufacturer Daimler on Thursday presented a new sustainable business strategy with a “clear commitment” to CO2-neutral mobility as well as cost-cutting measures.
According to Daimler, global regulatory CO2 targets would require ongoing high investment. The growing range of plug-in hybrids and all-electric vehicles was leading to cost increases that would have a negative impact on the return on sales of Mercedes-Benz cars.
In Daimler's core business alone, Mercedes-Benz Cars, the car manufacturer planned to save more than 1 billion euros (1.1 billion U.S. dollars) in personnel costs by the end of 2022. To this end, Daimler was seeking to cut jobs both in management and in non-production areas such as logistics and accounting.
According to Daimler, it would be in close contact with its employee representatives “in order to make the measures as acceptable as possible.”
With the business strategy, Daimler was also seeking to improve its free..
McLaren appeals to tailors, dressmakers & boat builders in recruitment for high-tech facility
British supercar maker McLaren is on the hunt for some unexpected recruits for its new £50m innovation and manufacturing facility in Yorkshire in the North of England. Applicants with experience in a wide variety of sectors from boat-building to the textiles trade and sporting goods industries are being encouraged to apply for the next wave… Continue reading McLaren appeals to tailors, dressmakers & boat builders in recruitment for high-tech facility
Tesla files for “cybrtrk” trademark in advance of Nov 21 pickup truck reveal
The highly-anticipated Tesla pickup truck will be unveiled on November 21, just a week from now. In advance of this unveiling, Tesla has filed for a trademark with some non-standard spelling. It looks like they will be stylizing the name of the truck as: “CYBRTRK.” Tesla has already purchased the domain cybrtrk.com, which currently redirects to… Continue reading Tesla files for “cybrtrk” trademark in advance of Nov 21 pickup truck reveal
Tesla Model 3 Performance’s 0-60 mph acceleration dips below 3 seconds after software update
Tesla Model 3 Performance vehicles are getting faster 0-60 mph acceleration through the latest power optimization software update. There are now reports that the Model 3 Performance’s 0-60 mph time has dipped below the 3-second mark. During a conference call with analysts after Tesla’s Q3 2019 earnings, Tesla’s management announced plans to release a new software… Continue reading Tesla Model 3 Performance’s 0-60 mph acceleration dips below 3 seconds after software update
Renault: Groupe Renault co-develops a unique fabric made from 100% recycled materials for New Renault ZOE
A breakthrough industrial application, co-developed by Groupe Renault, Les Filatures du Parc, a French company specialized in carded yarn, and Adient Fabrics, the world’s leading supplier of automotive seats, with the support of Ademe and the Occitania region in France A unique, patented textile product made from safety belts, textile scraps and plastic bottle recycling,… Continue reading Renault: Groupe Renault co-develops a unique fabric made from 100% recycled materials for New Renault ZOE