India’s own proxy for Tesla disappoints in first step; brokerages rush to degrade it

For many investors, unable to invest in stocks like Tesla to capitalise on an industry of the future, Tata Chemicals became a natural proxy. MUMBAI: In the first four months of 2021, shares of Tata Chemicals soared nearly 70 per cent driven by the expectations that the company will soon set up a lithium-ion battery… Continue reading India’s own proxy for Tesla disappoints in first step; brokerages rush to degrade it

Stellantis to hit emissions target without Tesla’s help, CEO Tavares says – Automotive News Europe

May 04, 2021 12:02 PM PSA’s electrification technology will allow new group to meet EU’s CO2 reduction goals Reuters Stellantis will not need to buy CO2 credits from Tesla to meet regulatory targets, CEO Tavares said. Stellantis expects to achieve its European CO2 emissions targets this year without environmental credits bought from Tesla, Carlos Tavares… Continue reading Stellantis to hit emissions target without Tesla’s help, CEO Tavares says – Automotive News Europe

Tesla taps tiny startup’s tech to build cheaper, cleaner batteries

When Elon Musk stood on stage at Tesla’s Battery Day in September and promised to cut lithium-ion battery prices in half, he claimed some of the savings would come from reinventing the dirty and complex process of making their nickel metal cathodes. “It’s insanely complicated, like digging a ditch, filling it in and digging the… Continue reading Tesla taps tiny startup’s tech to build cheaper, cleaner batteries

Ford could produce its own EV battery cells by 2025, executive says – CNBC

People visit Ford’s all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019. Xinhua via Getty Images DETROIT – Ford Motor should be selling enough electric vehicles in North America to produce its own battery cells domestically by 2025, an executive with the automaker told… Continue reading Ford could produce its own EV battery cells by 2025, executive says – CNBC

German Handelsblatt: Auto-Software: Daimler, BMW and VW want to leave tech companies behind with these ideas001991

Mercedes-Benz EQS at the Shanghai Auto Show 2021 The software determines the success of the brand. Düsseldorf Voice control, lane departure warning, pulse measurement on the steering wheel: what reminded you of science fiction films ten years ago is now a reality in some cars. In the meantime, the software decides the success of a… Continue reading German Handelsblatt: Auto-Software: Daimler, BMW and VW want to leave tech companies behind with these ideas001991

VW Works Council Chair talks Herbert Diess and Tesla’s growing influence on German auto – Teslarati

By Simon Alvarez Posted on April 14, 2021 Tesla is not yet producing electric vehicles at Gigafactory Berlin, but the EV maker’s presence is already being felt in Germany’s auto sector. According to sociologist Andreas Boes, director of the Munich Institute for Social Science Research (ISF), Tesla has practically become the “elephant in the room”… Continue reading VW Works Council Chair talks Herbert Diess and Tesla’s growing influence on German auto – Teslarati

VW will design its own chips for self-driving cars

Volkswagen won’t settle for off-the-shelf computing power with its self-driving cars. As Reuters (via Autoblog) reports, company chief Herbert Diess told Handelsblatt in an interview that VW will design its own high-performance chips for autonomous vehicles. It was a matter of eking out the best possible hardware, Diess said — much like Apple and Tesla,… Continue reading VW will design its own chips for self-driving cars

Tesla is giving its German team six more months to start production at its Berlin gigafactory

Tesla’s Gigafactory Berlin-Brandenburg has been given six additional months to start production. Construction on the factory has been stalled by paperwork and environmental concerns. Tesla had planned to start production on July 1, 2021. See more stories on Insider’s business page. Tesla CEO Elon Musk has given his German team six more months to start… Continue reading Tesla is giving its German team six more months to start production at its Berlin gigafactory

Max Hodak, the cofounder of Elon Musk’s Neuralink, departed the company ‘a few weeks ago’

Neuralink cofounder Max Hodak said on Saturday he left the company “a few weeks ago.” “I learned a ton there and remain a huge cheerleader for the company!” Hodak said on Twitter. Founded in 2016, Neuralink has been building and testing a brain implant.  See more stories on Insider’s business page. Elon Musk’s Neuralink cofounder… Continue reading Max Hodak, the cofounder of Elon Musk’s Neuralink, departed the company ‘a few weeks ago’