A Lucid studio space showing off the company’s Lucid Air electric car. (Lucid Photo) Lucid, makers of a new luxury electric vehicle expected to begin production this year, is bringing one of its studio spaces to Seattle’s University Village. The new space will open in what was previously a Microsoft Store. Lucid’s branding is on… Continue reading Luxury electric car maker Lucid setting up studio in Seattle in previous Microsoft Store space
Tag: Tesla
@Tesla: Tesla Q2 2021 Vehicle Production & Deliveries000073
PALO ALTO, Calif., July 2, 2021 – In the second quarter, we produced and delivered over 200,000 vehicles. Our teams have done an outstanding job navigating through global supply chain and logistics challenges. Production Deliveries Subject to operating lease accounting Model S/X 2,340 1,890 18% Model 3/Y 204,081 199,360 7% Total 206,421 201,250 7%… Continue reading @Tesla: Tesla Q2 2021 Vehicle Production & Deliveries000073
German Manager Magazin: Tesla’s top model “S Plaid” catches fire000914
The US electric car maker Tesla delivered a total of 206,421 vehicles in the second quarter. That is more than ever before in a three-month period. Tesla exceeded Wall Street’s expectations, because Tesla boss Elon Musk had warned just a few weeks ago of difficulties due to the shortage of computer chips. Deliveries of the… Continue reading German Manager Magazin: Tesla’s top model “S Plaid” catches fire000914
General Motors commits $25 million to promote equity in EV transition
Detroit — General Motors Co. is creating a $25 million Climate Equity Fund that will focus on closing equity gaps, or disparities, as the auto industry transitions to electric and emissions-free vehicles, CEO Mary Barra announced Tuesday. Barra discussed the initiative during the Aspen Ideas Festival, saying it responds to “the need for equity considerations as the industry accelerates toward an all-electric future.” “Climate… Continue reading General Motors commits $25 million to promote equity in EV transition
Renault “targets 90% of purely electric cars by 2030”, says its boss
Ten years ago, Renault was a pioneer in the electric market. Today, the group seems to lag behind some of its competitors. How do you explain it? When I arrived, I discovered a group with a lot of potential, skills, and above all experience. Renault has actually entered this market almost at the same time… Continue reading Renault “targets 90% of purely electric cars by 2030”, says its boss
Chinese EV maker Xpeng said to raise $1.8b in HK listing
Chinese electric vehicle maker Xpeng Inc will raise $1.8 billion by pricing its shares at HK$165 ($21.25) each as part of its Hong Kong dual primary listing, two people with direct knowledge of the matter said. The people declined to be identified as the information was not yet public. Xpeng declined to comment on pricing guidance given to investors. The company sold 85 million shares in the deal… Continue reading Chinese EV maker Xpeng said to raise $1.8b in HK listing
Clean Technica: CATL Will Now Supply Lithium-Ion Batteries To Tesla Until December 2025001010
Contemporary Amperex Technology Company (CATL) will begin supplying lithium-ion batteries to Tesla starting in January 2022, the Global Times has reported. The contract between the two ensures that CATL will supply Tesla with lithium-ion batteries through the end of 2025. CATL announced that it signed a Production Pricing Agreement with Tesla on Friday in order… Continue reading Clean Technica: CATL Will Now Supply Lithium-Ion Batteries To Tesla Until December 2025001010
Tesla stock slips as UBS slashes its price target by 10%, citing slowing demand in China (TSLA)
Tesla TKed Wall Street’s expectations. Xinhua/Ding Ting via Getty Images The rise in popularity of Chinese electric vehicle brands like BYD, Nio, and XPeng represent a growing threat to Tesla’s dominance, UBS said in a note on Tuesday. The bank reduced its Tesla price target by 10% to $660 from $730, representing a potential decline… Continue reading Tesla stock slips as UBS slashes its price target by 10%, citing slowing demand in China (TSLA)
Tesla releases new update for vehicles with its new ‘Tesla Vision’ system to restore Autopilot features
Tesla has started pushing a new software update for Model 3 and Model Y vehicles equipped with its new “Tesla Vision” computer vision system in order to restore some Autopilot functionality. Last month, Tesla announced the transition to its “Tesla Vision” Autopilot without radar, and it warned that it would result in limitations of some Autopilot features… Continue reading Tesla releases new update for vehicles with its new ‘Tesla Vision’ system to restore Autopilot features
Bollinger Motors debuts 2022 electric work trucks – The Detroit News
Electric auto startup Bollinger Motors’s B1 SUV and B2 pickup are among the highly-anticipated crop of electric pickups scheduled to come to market in the next year. The pricey, $125,000 vehicles promise unique hauling capabilities as well as competitive towing and horsepower numbers compared to traditional petrol-powered trucks. But Bollinger also needs to put food on… Continue reading Bollinger Motors debuts 2022 electric work trucks – The Detroit News