By Norihiko Shirouzu HANGZHOU, China (Reuters) – “Do you know how big Volvo is?” asked Don Leclair, finance chief at Ford Motor Co.. It was 2008, and Leclair was responding to an offer from a little-known Chinese businessman to purchase the Swedish carmaker, which Ford owned. The businessman, Li Shufu, had a company with less… Continue reading Special Report-How the Chinese tycoon driving Volvo plans to tackle Tesla – Midwest Communication
Tag: Tesla
Tesla aims to release $25,000 electric car in 2023, likely will not have a steering wheel
Elon Musk has told Tesla employees that the automaker is aiming to release its previously announced $25,000 electric car in 2023. The CEO hinted that it might not even be equipped with a steering wheel. At Tesla Battery Day last year, CEO Elon Musk announced that Tesla will be making a $25,000 electric car. The… Continue reading Tesla aims to release $25,000 electric car in 2023, likely will not have a steering wheel
Elon Musk: Tesla Making a Robot Because “Robots Are Coming Anyway”
“I will not be able to ensure that robots made by other companies are safe, but I can try my best to do so at Tesla.” Banging the AI Drum For years, Tesla CEO Elon Musk has warned us that artificial intelligence is coming for us all. “I’ve been banging this AI drum for a… Continue reading Elon Musk: Tesla Making a Robot Because “Robots Are Coming Anyway”
GM suspends production at North American plants amid ongoing chip shortages
The global semiconductor shortage is about to claim another casualty. Starting on Monday, General Motors will temporarily halt production at all but four of its North American factories due to chip supply constraints. The halt in production will affect many of the automaker’s most profitable vehicles, including the Chevy Silverado and GMC Sierra. “During the… Continue reading GM suspends production at North American plants amid ongoing chip shortages
Watch Tesla Model S Plaid with Track Mode do hot laps on Nürburgring racetrack
Tesla is currently in Germany testing its Model S Plaid and attempting to break some records on a notoriously difficult track. You can watch Tesla take some hot laps with the Model S Plaid on the Nürburgring racetrack below. After Porsche brought its brand-new Taycan electric car to the Nürburgring racetrack to break a record… Continue reading Watch Tesla Model S Plaid with Track Mode do hot laps on Nürburgring racetrack
Tesla Model Y takes over Norway, pushes all-electric car sales to 72% market share
Tesla started deliveries of the Model Y in Europe last month, and within a week it became the best-selling vehicle in Norway. It helped pushed all-electric car sales to 72% market share – a new record. Norway has been achieving some incredible levels of EV penetration in the market. We recently reported that electric cars… Continue reading Tesla Model Y takes over Norway, pushes all-electric car sales to 72% market share
Payne: Subaru’s BRZ track rat is fun, ‘ffordable, and finally fixed
Lime Rock Park, Connecticut — Short but sweet, Lime Rock is one of America’s most formidable race tracks. It features double-apex turns, elevation changes and the Diving Turn — one of the most heart-in-your-throat downhill bends this side of Cedar Point’s Millennium Force. But my 2022 Subaru BRZ tester likes Lime Rock’s new interior autocross track… Continue reading Payne: Subaru’s BRZ track rat is fun, ‘ffordable, and finally fixed
ALYI – Why Our Electric Motorcycle Business Is Positioned To Succeed
Motorcycle frames lack the capacity car frames have for large batteries to extend range, and multiple motors to accommodate city and highway driving differences. Electric motorcycle solutions that have come to market in the face of frame capacity limitations have tended toward monster sized bikes with the price of a SUV that appeal to a… Continue reading ALYI – Why Our Electric Motorcycle Business Is Positioned To Succeed
GM temporarily shuts down North American factories because of chip shortage
General Motors, parent company of Chevrolet, GMC, Cadillac, and Buick, said it was temporarily halting production at six of its North American factories as a result of the global chip shortage. It’s the latest major automaker to be affected by the tight supply of essential computer chips. Four of GM’s US-based plants will be affected:… Continue reading GM temporarily shuts down North American factories because of chip shortage
Toyota takes commanding lead in EV patents but no match for Tesla in sales
TOKYO — While Japanese automakers lag Tesla and Volkswagen in electric-vehicle sales, they hold an advantage in critical EV technology, with Toyota Motor ranking first worldwide based on the importance of its U.S. patents, new research finds. Nikkei, in partnership with Tokyo-based research firm Patent Results, scored global companies on the competitiveness of their EV-related… Continue reading Toyota takes commanding lead in EV patents but no match for Tesla in sales