Tag: Tesla

German Manager Magazin: Herbert Diess and Volkswagen’s e-car offensive – what remains after four and a half years001946

Herbert Diess (63) was ultimately eliminated from Volkswagen mainly because of numerous problems at the software subsidiary Cariad. But before he wanted to convert the Wolfsburg carmaker into a digital group, he had initiated a different transformation in the first phase of his work at Volkswagen – away from combustion engines and towards electromobility. How… Continue reading German Manager Magazin: Herbert Diess and Volkswagen’s e-car offensive – what remains after four and a half years001946

Panasonic posts 39% drop in Q1 operating profit, misses estimate, article with image

A man is seen next to a Panasonic logo at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, July 28 (Reuters) – Japan’s Panasonic Holdings Corp (6752.T), whose energy unit supplies batteries to Tesla (TSLA.O), reported a 39% drop in first-quarter profit… Continue reading Panasonic posts 39% drop in Q1 operating profit, misses estimate, article with image

Clean Technica: Software & You: Who Actually Owns That New Car You Are Driving?002134

Elon Musk and Tesla have been the prime movers in bringing over-the-air updates to cars. They are part of the “car as computer on wheels” movement that began in earnest when the Tesla Model S first went on sale. There’s a lot to like about connectivity. It allows manufacturers to push new software to cars… Continue reading Clean Technica: Software & You: Who Actually Owns That New Car You Are Driving?002134

Clean Technica: VW ID. Buzz — How Much Consumer Demand Is There? (Plus: Automaker EV Sales Trends, Herbert Diess)002133

For our new CleanTech RoundTalk, Jo Borras, Steve Hanley, and I sat around CleanTechnica‘s pineapple-infused sparkling-water cooler to discuss a couple of the hottest EV news stories of last week. One of those stories was the release of UK pricing for the Volkswagen ID. Buzz. The Buzz is … not cheap. The price of the… Continue reading Clean Technica: VW ID. Buzz — How Much Consumer Demand Is There? (Plus: Automaker EV Sales Trends, Herbert Diess)002133

General Motors to return to Europe with range of EVs

General Motors is gearing up for a return to the European market with a range of EVs, with the new Cadillac Lyriq SUV expected to lead the charge. The American giant essentially withdrew from Europe and the UK after selling Opel and Vauxhall to the PSA Group in 2017, keeping just a limited import operation for Cadillac and… Continue reading General Motors to return to Europe with range of EVs

Luxury Cars Market Size to Grow by USD 78.32 billion, 37% of Market Growth to Originate from APAC – Technavio

NEW YORK, July 27, 2022 /PRNewswire/ — The luxury cars market is fragmented, and the vendors are deploying growth strategies such as increasing their production capacity by opening new manufacturing plants or expanding existing plants to compete in the market. The market size is expected to grow by USD 78.32 bn between 2021 and 2026.… Continue reading Luxury Cars Market Size to Grow by USD 78.32 billion, 37% of Market Growth to Originate from APAC – Technavio

Ford triples adjusted earnings in second quarter, reports $3.7B

Ford Motor Co. on Wednesday reported second-quarter adjusted earnings of $3.7 billion — more than triple that of the same period a year ago, when the company had a gain of $1.1 billion. The company saw a net income of $667 million compared with a $561 million net income for the same time period in 2021. Ford reported revenue of $40.2 billion compared with… Continue reading Ford triples adjusted earnings in second quarter, reports $3.7B

GM and LG to build 3 US EV battery factories with a $2.5B DOE loan

The US Department of Energy (DOE) has announced a conditional loan of $2.5 billion for Ultium Cells, a joint venture of General Motors (GM) and battery manufacturer LG Energy Solution, to help finance EV lithium-ion battery cell factories in three states. The loan is intended to support the expansion of electric vehicle deployment in the US.… Continue reading GM and LG to build 3 US EV battery factories with a $2.5B DOE loan

Tesla has a new product called ‘Virtual Machine Mode’ coming to its ‘Big Battery’

Tesla has a new product called “Virtual Machine Mode,” and it is being deployed at its energy storage project in South Australia, nicknamed “Tesla Big Battery,” in partnership with France’s Neoen. Over the last few years, Tesla has put a lot of effort into developing software products to take better advantage of its rapidly growing… Continue reading Tesla has a new product called ‘Virtual Machine Mode’ coming to its ‘Big Battery’