(Bloomberg) — Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric cars, has hit back at market rumors of a large futures loss that may have dented its second-quarter earnings. Most Read from Bloomberg “Our company’s hedging business is backed by spot trading,” Ningde, Fujian-based CATL, as the company is better… Continue reading World’s Biggest EV Battery Maker CATL Denies Rumor of Poor Earnings on Futures Loss
Tag: Tesla
Shield AI raises $165M at a $2.3B valuation to fuel development of its military autonomous flying systems
Technology built with defense in mind is getting some significant and serious traction at the moment, spurred by world events, advances in technology, and a growing appetite from end users to invest in more innovative ways to protect themselves. In the latest development, Shield AI — which makes software and hardware for drones and other… Continue reading Shield AI raises $165M at a $2.3B valuation to fuel development of its military autonomous flying systems
New Adapter Lets Electric Ford-150 Rescue Stranded Teslas With Its Mighty Battery
“We can help all those poor dead Teslas.” Built to Rescue If there’s one thing truck owners love doing, it’s towing other people’s stuck cars out of mud, ditches, and any predicament that might require a tow strap or a winch. Ford trucks — with the company’s “Built Ford Tough” motto and slew of advertisements… Continue reading New Adapter Lets Electric Ford-150 Rescue Stranded Teslas With Its Mighty Battery
Elon Musk reveals what Tesla’s Master Plan Part 3 is about
Elon Musk has revealed more details about what his Tesla Master Plan Part 3 will be about during a new companywide meeting with employees. Tesla Master Plan Part 3 Part One and Two of Musk’s “master plan” for Tesla have been important pieces of literature at the company that, in many ways, laid the path… Continue reading Elon Musk reveals what Tesla’s Master Plan Part 3 is about
German Manager Magazin: China: Exports increase significantly with the opening of the ports in May001828
Chinese exports grew more than twice as fast as expected thanks to the relaxation of corona restrictions in May. They increased by 16.9 percent compared to the same month last year, according to data released by the customs authority on Thursday. Analysts had expected an increase of just 8 percent after exports rose just 3.9… Continue reading German Manager Magazin: China: Exports increase significantly with the opening of the ports in May001828
German Handelsblatt: Electric car ranking: Tesla is weakening, Opel is catching up: The ten most popular electric cars 2022004459
Anyone who wants to buy a car currently needs a lot of staying power. Delivery problems continue to slow down sales. According to the Federal Motor Transport Authority (KBA), 207,199 cars were newly registered in May, around ten percent less than in the same month last year. This is the second lowest sales level in… Continue reading German Handelsblatt: Electric car ranking: Tesla is weakening, Opel is catching up: The ten most popular electric cars 2022004459
Panasonic to build a ‘4680 battery’ plant for Tesla in the US
Expected completion by 2028…Up to 4 times the local production capacity Japan’s Panasonic Corporation is building a new large-scale battery plant comprising hundreds of gigawatts (GWh) in the United States. Panasonic is the third company to build a large-scale plant in the US, following LG Energy Solution and SK On. Panasonic’s new plant will be… Continue reading Panasonic to build a ‘4680 battery’ plant for Tesla in the US
German Handelsblatt: Insight Innovation: Silicon in batteries: Mercedes and Tesla rely on the super material 004457
New battery material Automakers have high hopes for silicon. It hisses, hums and whirrs: In the laboratory of the battery specialist Sila Nanotechnologies, one huge test station is lined up after the next. In ever new experiments, dozens of researchers are optimizing different batteries to make them even more powerful. “We are making the battery… Continue reading German Handelsblatt: Insight Innovation: Silicon in batteries: Mercedes and Tesla rely on the super material 004457
More DC fast charging, no app sign-ups under White House’s new EV charging rules
The Biden administration is revealing a new set of standards to help accelerate the installation of 500,000 electric vehicle chargers across the US by 2030. The new standards give states guidelines on awarding contracts for EV charging projects, directing the companies who get them to build chargers that are convenient, affordable, and accessible to the… Continue reading More DC fast charging, no app sign-ups under White House’s new EV charging rules
Tesla accuses civil rights agency of unlawfully suing for racial discrimination
Tesla has accused the California Department of Fair Employment and Housing (DFEH) of failing to conduct proper investigations before it sued Tesla for racial bias at its assembly plant, according to a petition filed Wednesday with California’s Office of Administrative Law (OAL). The DFEH filed a lawsuit in February against Tesla for alleged racial discrimination… Continue reading Tesla accuses civil rights agency of unlawfully suing for racial discrimination