Tesla (TSLA) Halts Giga Berlin & Shanghai to Increase Capacity

Tesla Inc. TSLA is looking to expand production at its newly completed Gigafactories in Berlin and Shanghai for higher output capacities. However, the automaker might need a costly production break to upgrade the sites. Tesla plans to significantly increase production at both plants over the next two months. Per reports, both factories are expected to… Continue reading Tesla (TSLA) Halts Giga Berlin & Shanghai to Increase Capacity

Honda key fob flaw lets hackers remotely unlock and start cars

The hackers demonstrating the radio replay attack using a vulnerable Honda keyfob. Honda said it could not determine if the attack was “credible.” Image Credits: Star-V Lab Security researchers have revealed a vulnerability in Honda’s keyless entry system that could allow hackers to remotely unlock and start potentially “all Honda vehicles currently existing on the market.”… Continue reading Honda key fob flaw lets hackers remotely unlock and start cars

Volkswagen, Audi tap Redwood Materials to recycle old EV batteries in US

Volkswagen of America and Audi have locked in a resurrection plan for old battery packs from their growing slate of EVs. The two VW Group brands have contracted with startup Redwood Materials to recover and recycle end-of-life EV battery packs from its thousand-dealership network in the United States. This won’t be the final resting place… Continue reading Volkswagen, Audi tap Redwood Materials to recycle old EV batteries in US

NIO Power Day 2022 & VWAGY’s $20B Battery Bet Rule EV Roundup Headlines

The electric vehicle (EV) revolution is gaining steam, with companies leaving no stone unturned to establish a strong foothold in this domain. Legacy automakers are stepping up e-mobility investment and setting ambitious targets to electrify their fleet. With batteries serving as the secret sauce for EVs, automakers are rapidly boosting their investments in battery production.… Continue reading NIO Power Day 2022 & VWAGY’s $20B Battery Bet Rule EV Roundup Headlines

BYD slumps on chatter Buffett’s Berkshire may have cut stake

(Reuters) – Hong Kong shares of BYD Co Ltd recorded their worst day in 20 months on Tuesday after Citibank’s increased holding of the Chinese EV firm’s stock sparked market chatter that Warren Buffett’s Berkshire Hathaway may have cut its stake. Citibank’s shareholding in BYD has increased by 225 million shares to 388.61 million shares… Continue reading BYD slumps on chatter Buffett’s Berkshire may have cut stake

Is Warren Buffett Selling? Stock in BYD, a Tesla Rival, Is Down.

Reuters Cryptoverse: Shrimps and whales keep bitcoin afloat Shrimps, investors that hold less than 1 bitcoin, are collectively adding to their balance at a rate of 60,460 bitcoin per month, the most aggressive rate in history, according to an analysis by data firm Glassnode. Whales, those with more than 1,000 bitcoin, were adding 140,000 coins… Continue reading Is Warren Buffett Selling? Stock in BYD, a Tesla Rival, Is Down.

German Handelsblatt: Electromobility: Musk’s former head of technology will in future recycle VW batteries in North America004678

Die Umweltbilanz des Elektroautos hängt auch an einer entscheidenden Frage: Was wird aus den Batterien, wenn sie nicht mehr gebraucht werden? Batterien sind nicht nur eine wichtige Komponente, um Autos mehr Reichweite zu geben – sie stecken auch voller seltener Rohstoffe wie Kobalt, Kupfer, Nickel und Lithium.VW Nordamerika setzt darum auf eine neue Partnerschaft für… Continue reading German Handelsblatt: Electromobility: Musk’s former head of technology will in future recycle VW batteries in North America004678

Global Independent Aftermarket Boosted by Out-of-warranty Tesla Vehicles

“Rapid improvements in Tesla’s over-the-air (OTA) update capabilities beyond infotainment and navigation system updates could create new subscription-based aftersales revenue streams for Tesla,” said Anuj Monga, Mobility Research Associate Director at Frost & Sullivan. “Electric vehicle (EV) manufacturers are well-poised to leverage data monetization opportunities by offering OTA update capabilities.” Monga added: “Mobile service on… Continue reading Global Independent Aftermarket Boosted by Out-of-warranty Tesla Vehicles

Cleantechnica: Tesla Leads June EV Sales Surge In China 002104

China’s wholesale sales of new energy passenger vehicles reached 571,000 units in June, surpassing last December’s 505,000 units, according to data released by the China Passenger Car Association this week. Retail sales topped 532,000 vehicles. CNEvPost reports that in June, battery electric vehicles accounted for the vast majority of new energy vehicle (NEV) sales, with… Continue reading Cleantechnica: Tesla Leads June EV Sales Surge In China 002104