Tesla Megapacks are about to replace Hawaii’s last remaining coal plant

Tesla Megapacks are on their way to Hawaii in order to create a giant new energy storage system that is about to replace the state’s last remaining coal power plant. Hawaii aims to reach 100% green energy by 2045 and already has the highest amount of solar capacity deployed per capita. However, in order to handle all… Continue reading Tesla Megapacks are about to replace Hawaii’s last remaining coal plant

German Manager Magazin: Polestar goes public: Why the e-car manufacturer is not afraid of a spac flop001874

Polestar kept its word. Despite the unrest on the market, the electric car manufacturer stuck to its plans to go public in the first half of 2022. On Friday the time had come. After a space deal with the shell company “Gores Guggenheim”, the brand is now listed on the Nasdaq in New York with… Continue reading German Manager Magazin: Polestar goes public: Why the e-car manufacturer is not afraid of a spac flop001874

As Crisis Deepens, Tesla Rescinds Job Offers to People Who’d Already Accepted Them

“D*mn, talk about a gut punch.” Blind Side After announcing at the beginning of the month that the company would be cutting 10 percent of its workforce due to CEO Elon Musks’s “bad feeling“ about the economy, Tesla’s job slash is in full swing. According to Insider, many newer employees — including workers who had not… Continue reading As Crisis Deepens, Tesla Rescinds Job Offers to People Who’d Already Accepted Them

Volkswagen ID Aero is EV Passat equivalent with 385-mile range

Volkswagen has previewed its long-awaited Tesla Model 3 rival with a sleek, low-slung concept called the ID Aero. Based on Volkswagen’s MEB platform, the new four-door model is planned to go on sale in China during the second half of 2023, with production initially set to take place at Volkswagen joint venture partners FAW (First… Continue reading Volkswagen ID Aero is EV Passat equivalent with 385-mile range

Tesla, Rivian and Nio stock price targets cut on supply chain troubles, Shanghai shutdowns

Mizuho analyst Vijay Rakesh became little less bullish on electric vehicle makers Tesla Inc. , Rivian Automotive Inc. and China-based NIO Inc. on Monday, citing the negative effects of continued COVID-19-related Shanghai shutdowns and supply chain constraints. Although Rakesh reiterated his buy ratings on all three EV makers, he cut his stock price targets on… Continue reading Tesla, Rivian and Nio stock price targets cut on supply chain troubles, Shanghai shutdowns

A Call to CEOs: Ukrainian Students at US Schools Need Your Help

A Call to CEOs: Ukrainian Students at US Schools Need Your Help By Blair LaCorte It’s heart-wrenching to watch the daily devastation of the shattered homes, lives and dreams of Ukrainians more than six thousand miles away. More than a month into the Russian invasion of Ukraine, cities are ravaged, families are devastated, and diplomacy… Continue reading A Call to CEOs: Ukrainian Students at US Schools Need Your Help

Tesla reportedly doesn’t have enough desks after Musk threatens to fire remote employees

After Tesla CEO Elon Musk commanded remote employees to return to work or else lose their jobs, the company was reportedly ill-prepared to welcome back its workers. According to a report from The Information, employees arrived at Tesla’s Fremont, California facility only to find a lack of parking spots, no desk to sit at, and… Continue reading Tesla reportedly doesn’t have enough desks after Musk threatens to fire remote employees

Automotive Software Market worth $40.1 billion in 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO  , June 27, 2022 /PRNewswire/ — According to the new market research report “Automotive Software Market by Application (ADAS & Safety, Connected Services, Autonomous Driving, HMI, V2X, Infotainment), Software Layer (OS, Middleware, Application), EV Application (Charging, Battery, V2G), Vehicle and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the global Automotive Software Market size is… Continue reading Automotive Software Market worth $40.1 billion in 2027 – Exclusive Report by MarketsandMarkets™

VW’s ID Aero concept distinguishes itself by not being an SUV or truck

Volkswagen announced a stylish new electric sedan concept, the ID Aero, which it plans on putting into production in China in 2023. The EV’s aerodynamic shape and 16-foot length will help enable up to 385 miles of range based on Europe’s WLTP. The ID Aero will be built on VW’s flexible MEB platform, which is… Continue reading VW’s ID Aero concept distinguishes itself by not being an SUV or truck

Hitting the road this summer? Consumer spending signals travel boom, despite rising costs

Say ‘bye to sky-high gas prices: Personal Capital is giving away a Tesla GREENWOOD VILLAGE, Colo., June 27, 2022 /PRNewswire/ — The summer road trip was once an economical, easy getaway – not so much in 2022 with soaring pump prices and costly rental cars. But that’s not keeping consumers from hitting the road. In… Continue reading Hitting the road this summer? Consumer spending signals travel boom, despite rising costs