Tag: Tesla

Lexus teases its first electric vehicle, and oh no, it’s got a steering yoke

Lexus, the luxury automaker owned by Toyota, announced that it will reveal its first electric vehicle on Wednesday, April 20th, at 6AM ET. And it released two teaser images, one of which — we regret to inform you — features a steering yoke. In a sense, it’s not surprising. Toyota’s next-generation, long-range EV, the BZ4X,… Continue reading Lexus teases its first electric vehicle, and oh no, it’s got a steering yoke

Britons buy more electric cars in March than in whole of 2019

Britons buy more electric cars in March than in whole of 2019 Overall new car sales fall slump as petrol and diesel prices soar in Ukraine crisis The Tesla Model 3 is among the UK’s top-selling cars. Photograph: David Rawcliffe/Alamy The Tesla Model 3 is among the UK’s top-selling cars. Photograph: David Rawcliffe/Alamy British drivers… Continue reading Britons buy more electric cars in March than in whole of 2019

The Station: Running a startup in war-torn Ukraine, Tier goes on a shopping spree and Tesla breaks a new EV delivery record

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. The… Continue reading The Station: Running a startup in war-torn Ukraine, Tier goes on a shopping spree and Tesla breaks a new EV delivery record

Elon Musk Buys Huge Share in Twitter, Becomes Largest Shareholder

“The algorithm needs to be open source.” Buying Twitter The richest man in the world is now the largest shareholder of Twitter. Not even two weeks after railing against Twitter for alleged algorithmic bias, SpaceX and Tesla CEO Elon Musk — who’s also, notably, one of Twitter’s most prominent users — has bought a 9.2 percent… Continue reading Elon Musk Buys Huge Share in Twitter, Becomes Largest Shareholder

Hertz says it will purchase 65,000 electric vehicles from Polestar

Rental car company Hertz announced plans to purchase up to 65,000 electric vehicles from Polestar, a sub-brand of Volvo and its Chinese parent company Geely. The announcement follows a similar move by Hertz to purchase 100,000 Tesla vehicles in a bid to electrify its global fleet. The new vehicles will be acquired over a period… Continue reading Hertz says it will purchase 65,000 electric vehicles from Polestar

Rivian Pares Delivery Targets for 2022, Citing Supply Problems

Rivian, which has had a rocky ride in the stock market after a blockbuster initial public offering, cast a further shadow over its outlook on Thursday, reporting that supply chain problems could severely constrain its production of electric vehicles. The company said it would be able to produce only 25,000 vehicles this year, half the… Continue reading Rivian Pares Delivery Targets for 2022, Citing Supply Problems

Carmakers Race to Control Next-Generation Battery Technology

WOBURN, Mass. — Already far behind Asian manufacturers in building electric car batteries, U.S. automakers and their suppliers are racing to develop a new generation of batteries that are cheaper, can pack in more energy and charge faster. It is a global contest with huge economic consequences for automakers, small battery start-ups and car buyers,… Continue reading Carmakers Race to Control Next-Generation Battery Technology

Sony and Honda Announce Tie-Up to Make Electric Cars

TOKYO — The Japanese electronics and entertainment giant Sony announced on Friday that it would team up with Honda to develop electric cars for sale as early as 2025, becoming the latest company to throw its hat into the burgeoning market for battery-powered vehicles. Demand for electric cars is small but skyrocketing as concerns about… Continue reading Sony and Honda Announce Tie-Up to Make Electric Cars