Tesla plans a ‘license to print money’ aka lithium refining factory in Texas

Tesla is planning to build a lithium refining factory in Texas – something CEO Elon Musk has previously referred to as a “license to print money.” In an application filed with the Texas Comptroller’s Office and obtained by Reuters where Tesla is seeking to obtain relief on local property taxes, the automaker describes a battery-grade… Continue reading Tesla plans a ‘license to print money’ aka lithium refining factory in Texas

China EV maker Leapmotor puts off $1.5b Hong Kong IPOListing plans shelved due to lukewarm investor interest

Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) in Hong Kong because of lukewarm investor interest, said two sources with direct knowledge of the matter. Bankers and advisers had hoped a deal of the size planned by Leapmotor, which would have been Hong Kong‘s largest IPO so far in 2022, would revive the city’s flagging new issue market.… Continue reading China EV maker Leapmotor puts off $1.5b Hong Kong IPOListing plans shelved due to lukewarm investor interest

German Handelsblatt: Electric car: BMW relies on round battery cells from Chinese manufacturers005161

BMW in Los Angeles Die Zellen werden von Partnern in sechs Fabriken weltweit gebaut: je zwei in China, Europa und Nordamerika. (Foto: Reuters) BMW setzt bei den Batterien für seine Elektroautos der nächsten Generation von 2025 an auf Rundzellen. Damit folgt der Autobauer als erster europäischer dem Beispiel von Tesla. Die Zellen werden von Partnern in… Continue reading German Handelsblatt: Electric car: BMW relies on round battery cells from Chinese manufacturers005161

Clean Technica: Trying to Impress Country Folk with a Tesla Model 3002232

“Not interested — I’ve got a cruiser.” That was the answer I received as off grid exponents tramped through the mud past my low-slung sexy Model 3. Not interested. And no wonder. My Tess was probably the most inappropriate electric vehicle to have at The Goomeri Off Grid Expo in country Queensland. Many times that… Continue reading Clean Technica: Trying to Impress Country Folk with a Tesla Model 3002232

Clean Technica: Germany’s Plugin EVs Resume Growth, Tesla Model Y Leads002231

Europe’s largest auto market, Germany, saw plugin electric vehicles take 28.5% market share in August 2022, their best result YTD, though only marginally up on August 2021’s 27.6%. Overall auto volumes were 199,183 units, fractionally up YOY, but dramatically down by some 37% from the 2018-2019 seasonal average of 315,000 units.  The Tesla Model Y… Continue reading Clean Technica: Germany’s Plugin EVs Resume Growth, Tesla Model Y Leads002231

Cleantechnica: Tesla Model Y Is Safest Automobile In Europe — Euro NCAP 002230

Tesla has long topped the charts in the USA when it comes to detailed breakdowns of NHTSA safety analyses. The Model S became the safest car ever tested years ago, and the Model X, Model 3, and Model Y also found their way to the top tier of the safest cars in the USA. Now… Continue reading Cleantechnica: Tesla Model Y Is Safest Automobile In Europe — Euro NCAP 002230

Elon Musk Predicted “World War III” in Just-Released Text Message

Never a dull moment. Slow Your Roll Today in news that seems stranger than fiction: a possibly out-of-context text message, sent by SpaceX and Tesla CEO Elon Musk, in which the mercurial billionaire claims he was reconsidering his deal to buy Twitter because of the possibility of “World War III.” As the Wall Street Journal reports,… Continue reading Elon Musk Predicted “World War III” in Just-Released Text Message

Automotive Subscription Services Market to Record a CAGR of 22.8%, North America to Contribute the Highest Market Growth – Technavio

NEW YORK, Sept. 8, 2022 /PRNewswire/ — The automotive subscription services market is fragmented, and the vendors are deploying growth strategies such as providing vehicles at minimum automotive subscription services to customers to compete in the market. The is highly competitive, with the presence of many well-established vendors. The vendors have a wide portfolio of… Continue reading Automotive Subscription Services Market to Record a CAGR of 22.8%, North America to Contribute the Highest Market Growth – Technavio

Mercedes and Rivian Plan to Make Vans Together in Europe

Mercedes-Benz and Rivian said Thursday that they would team up to build electric vans in Europe, a rare example of cooperation between a traditional carmaker and a new challenger. Mercedes said the companies would build a factory in Eastern Europe at one of the German company’s sites in the region. The main Mercedes factory in… Continue reading Mercedes and Rivian Plan to Make Vans Together in Europe

Tesla wants your vote for new Supercharger locations

Tesla said Thursday it is turning to the public to help determine where to locate its next Superchargers as the automaker continues to expand its network of EV fast-charging stations in North America, Europe and Asia. The company’s @TeslaCharging account wrote in a tweet on Thursday: “Supercharger Voting coming soon. Reply with location suggestions —… Continue reading Tesla wants your vote for new Supercharger locations