Tag: Tesla

GM has 4 new plants coming to ‘have control over battery cell manufacture’: Mary Barra – Yahoo Finance

In the years ahead, GM (GM) says, it’s aiming to be a leading manufacturer of batteries as well as cars. “For electric vehicles, it’s all about the battery,” CEO Mary Barra told Yahoo Finance in a wide-ranging interview this week. The CEO outlined plans to open at least four new plants just to manufacture batteries… Continue reading GM has 4 new plants coming to ‘have control over battery cell manufacture’: Mary Barra – Yahoo Finance

EV firm Atlis plans U.S. stock market listing amid IPO drought, article with image

The Nasdaq logo is displayed at the Nasdaq Market site in New York, U.S., May 2, 2019. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register May 4 (Reuters) – Atlis Motor Vehicles has become the latest startup in the electric-vehicle space to unveil plans for an initial public offering as the global… Continue reading EV firm Atlis plans U.S. stock market listing amid IPO drought, article with image

2022, the year when Renault should be overtaken by Tesla

Renault, overtaken by Tesla? If the tricolor manufacturer sold almost three times more cars last year than the electric car champion, the comparison of turnover is much less flattering for the firm at Diamond. Not to mention the difference in profitability or market capitalization, indicators on which Tesla now crushes all traditional manufacturers. In 2021,… Continue reading 2022, the year when Renault should be overtaken by Tesla

Tesla, new profit champion among automakers

Who would’ve believed that ? Barely a year ago, Tesla’s meager profits came largely from sale of CO2 credits . Today, against all odds, the champion of the electric car has also become the champion of profitability in the automotive industry. According to the ranking established by the firm EY based on the 2021 accounts… Continue reading Tesla, new profit champion among automakers

The Drako GTE Was The World’s First Four-Seat Hypercar – HotCars

There’s something beguiling about this car. It reminds us of the Estoque: the four-seater Lamborghini that wasn’t meant to be. The Drako GTE EV is genuinely the first four-seater hypercar in the world, but the Koenigsegg Gemera stakes that claim rather embarrassingly – and if we ever stood the chance, we’d like to punch someone… Continue reading The Drako GTE Was The World’s First Four-Seat Hypercar – HotCars

Recall hits India’s ‘Tesla of two-wheelers’

“We have long relied on technologies made in, and for, other countries and never questioned its applicability to the Indian ecosystem. India has its own dynamics, both from an environmental, as well as operational perspective,” says Akshay Singhal founder of Log9 Materials, which makes a rapid charging battery for two-wheelers. Go to Source

Elon Musk sells almost $4bn-worth of Tesla shares after Twitter deal

Elon Musk sells almost $4bn-worth of Tesla shares after Twitter deal Carmaker’s shares fell this week over concerns CEO would offload stock to help fund takeover of platform Tesla’s share price has fallen by a fifth since Elon Musk first revealed he had taken a stake in Twitter earlier this month. Photograph: Aly Song/Reuters Tesla’s… Continue reading Elon Musk sells almost $4bn-worth of Tesla shares after Twitter deal