BMW to prioritise EVs amid Ukraine crisis, chip troubles

A logo of German luxury carmaker BMW, is seen ahead of the company’s annual news conference in Munich, Germany, March 20, 2019. REUTERS/Michael Dalder Register now for FREE unlimited access to Reuters.com Register SummaryCompaniesEBIT margin of 7-9% forecast for car unitChip crisis to last all yearFive new battery partnerships to comeResuming production at German plants… Continue reading BMW to prioritise EVs amid Ukraine crisis, chip troubles

Exclusive: Tesla stops work at Shanghai factory for two days amid China COVID curbs – internal notice

SHANGHAI, March 16 (Reuters) – Electric vehicle giant Tesla (TSLA.O) is suspending production at its Shanghai factory for two days, according to a notice sent internally and to suppliers, as China tightens COVID restrictions to curb the country’s latest outbreak. The Shanghai factory runs around the clock and suppliers and Tesla staff were told on… Continue reading Exclusive: Tesla stops work at Shanghai factory for two days amid China COVID curbs – internal notice

Mercedes takes on Tesla with new U.S. battery plant, electric SUV

By Joseph White 2 Min Read TUSCALOOSA, Ala. (Reuters) – Mercedes-Benz AG opened its first U.S. electric vehicle (EV) battery factory on Tuesday and said Japanese battery maker Envision AESC would supply battery modules for U.S.-made Mercedes EVs from a new U.S. plant by the middle of the decade. Slideshow ( 2 images ) Alongside… Continue reading Mercedes takes on Tesla with new U.S. battery plant, electric SUV

Tesla raises prices across its entire EV lineup

Tesla has raised the prices of its electric vehicles for the second time within the month. After adding $1,000 to some long-range models last week, the automaker has now implemented a much larger price increase across its lineup. As Electrek reports, its prices now start at $46,990 for the base Model 3, $2,000 higher than… Continue reading Tesla raises prices across its entire EV lineup

German Handelsblatt: Interview: VW boss: “Problems in the supply chains and the dramatic price increases are a foretaste”003966

VW-Chef Herbert Diess „Wir müssen mit Sicherheit für das Elektrowachstum in den USA weitere Batteriefabriken bauen.“ (Foto: Volkswagen AG) Angesichts des Ukrainekriegs will Volkswagen andere Wachstumsmärkte außerhalb Europas stärken, vor allem die USA. „Wir müssen uns weltweit noch breiter aufstellen“, sagte VW-Chef Herbert Diess im Interview mit dem Handelsblatt. Der Marktanteil in den USA solle von… Continue reading German Handelsblatt: Interview: VW boss: “Problems in the supply chains and the dramatic price increases are a foretaste”003966

Northvolt to Build €4 Billion Battery Gigafactory in Northern Germany

BERLIN, March 15, 2022 /PRNewswire/ — Swedish green battery maker Northvolt has selected the northern German city of Heide in the regional state of Schleswig-Holstein for a new 60 gigawatt plant. “Northvolt Drei” will be the company’s third production facility of this size and the first outside Sweden. It will cost some EUR 4 billion.… Continue reading Northvolt to Build €4 Billion Battery Gigafactory in Northern Germany

Cleantechnica: Stellantis CEO Certain Company Can Catch Tesla 001793

Stellantis CEO Carlos Tavares told the world this week, “I am very confident — I am trying not to be arrogant, just confident — of the fact that we are going to catch up in the next couple of years with Tesla and it’s going to be a very healthy competition.” The company released a… Continue reading Cleantechnica: Stellantis CEO Certain Company Can Catch Tesla 001793

The Station: Tier buys Spin, Waymo gets to charge for robotaxi and Tesla needs a Tim Cook

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. Your… Continue reading The Station: Tier buys Spin, Waymo gets to charge for robotaxi and Tesla needs a Tim Cook