Industry Average Transaction Price v. Industry Average Incentive Spend as % of ATP. Graph: Kelly Blue Book / Cox Automotive New-vehicle prices hit another all-time high in August 2021, marking the fifth straight record-setting month, according to a new report from Kelley Blue Book released Sept. 14. At $43,355, the average transaction price (ATP) for… Continue reading New-Vehicle Prices Surge to Record Highs — Five Months in a Row
Tag: Tesla
Amazon-backed startup Rivian starts production of electric pickup truck
By Reuters Staff 2 Min Read FILE PHOTO: The logo for electric vehicle startup Rivian is seen on the hood of its new R1T all-electric truck in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino (Reuters) -Amazon-backed Rivian’s first electric pickup truck has rolled off the production line, the company’s chief executive officer said… Continue reading Amazon-backed startup Rivian starts production of electric pickup truck
Rivian starts building R1T electric trucks for customers
At the start of the month, Rivian achieved a major milestone. The Environmental Protection Agency published official range estimates for the company’s R1T pickup truck and R1S SUV, putting both vehicles one step closer to an official launch. Rivian has now hit another important milestone. After months of building pre-production vehicles, this morning our first… Continue reading Rivian starts building R1T electric trucks for customers
JB Straubel’s Redwood Materials is expanding into the battery materials business
Redwood Materials, the company started by former Tesla co-founder JB Straubel that aims to create a circular supply chain for batteries, is expanding its business. While it has been known primarily as a recycling firm, Redwood plans to simplify the supply chain by producing critical battery materials right here in the U.S. To get there,… Continue reading JB Straubel’s Redwood Materials is expanding into the battery materials business
Tesla plans energy trading team as company expands battery projects
The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs Sept 8 (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) is looking to staff an energy trading team to support its battery and renewable power projects, according to Tesla’s website and an employee post on the… Continue reading Tesla plans energy trading team as company expands battery projects
Tesla sold 44,264 China-made vehicles in August, local deliveries up
BEIJING, Sept 8 (Reuters) – U.S. electric vehicle maker Tesla Inc (TSLA.O) in August sold 44,264 China-made vehicles, including 31,379 for export, the China Passenger Car Association (CPCA) said on Wednesday. Local sales of China-made vehicles jumped to 12,885 cars last month from 8,621 cars in July. Tesla’s sales in the first month of each… Continue reading Tesla sold 44,264 China-made vehicles in August, local deliveries up
Tesla, Toyota spar with Ford, UAW over EV tax bill
WASHINGTON, Sept 13 (Reuters) – Toyota Motor Corp and Tesla clashed with Ford Motor Co (F.N) and the United Auto Workers (UAW) union over a proposal by Democrats in the U.S. House to give union-made, U.S.-built electric vehicles an additional $4,500 tax incentive. In a letter to Congress, Toyota (7203.T) said the plan discriminates against… Continue reading Tesla, Toyota spar with Ford, UAW over EV tax bill
Autos & Transportation · 12:01 AM UTCTesla, Toyota spar with Ford, UAW over EV tax billToyota Motor Corp and Tesla clashed with Ford Motor Co and the …
WASHINGTON, Sept 13 (Reuters) – Toyota Motor Corp and Tesla clashed with Ford Motor Co (F.N) and the United Auto Workers (UAW) union over a proposal by Democrats in the U.S. House to give union-made, U.S.-built electric vehicles an additional $4,500 tax incentive. In a letter to Congress, Toyota (7203.T) said the plan discriminates against… Continue reading Autos & Transportation · 12:01 AM UTCTesla, Toyota spar with Ford, UAW over EV tax billToyota Motor Corp and Tesla clashed with Ford Motor Co and the …
Tesla tried to charge $22,500 for new battery pack when a $5,000 repair did the trick
Tesla has tried to charge a Model S owner $22,500 for a battery pack replacement out of warranty, but a third-party shop was able to fix the issue for a fraction of that cost. As a Tesla owner, one of the most common questions I get asked is, “How much does it cost if you… Continue reading Tesla tried to charge $22,500 for new battery pack when a $5,000 repair did the trick
Autos & Transportation · 4:07 AM UTCGM digs in with LG Corp to speed a fix for Bolt battery firesGeneral Motors Co is taking a more direct role with S…
Sept 13 (Reuters) – General Motors Co (GM.N) is taking a more direct role with South Korea’s LG Corp (003550.KS), its longtime electric vehicle partner, in tracking down and fixing problems linked to battery fires in Chevrolet Bolts that threaten the strategic plans of both companies. At an investor conference on Friday, GM Chief Financial… Continue reading Autos & Transportation · 4:07 AM UTCGM digs in with LG Corp to speed a fix for Bolt battery firesGeneral Motors Co is taking a more direct role with S…