The major highlight of the last week was the announcement of Cooper Tire’s CTB acquisition by Goodyear Tire GT. This transformational deal marks the collaboration of two of the biggest American tire companies. It will create a stronger and industry-leading U.S.-based tire manufacturer, having a more enhanced presence in distribution and retail channels. Awarding of… Continue reading Auto Stock Roundup: GT Announces CTB Buyout, OSK Wins USPS Contract and More
Tag: Tesla
Nio Reports Mixed 4Q Results; Shares Drop 5.9% Pre-Market
South China Morning Post China overtakes US to host most dollar billionaires as 2020 stock market rally defied Covid-19 and minted wealth at a record pace One in every two newly minted dollar-denominated billionaires last year were in China, the first country to exit from a nationwide pandemic lockdown and the only major economy to… Continue reading Nio Reports Mixed 4Q Results; Shares Drop 5.9% Pre-Market
INSIGHT-To go electric, America needs more mines. Can it build them?
On Monday afternoon, Biden administration officials blocked a land swap Rio needs to build the mine. Trump officials had previously approved that land swap. By Ernest Scheyder Last September, in the arid hills of northern Nevada, a cluster of flowers found nowhere else on earth died mysteriously overnight. Conservationists were quick to suspect ioneer Ltd,… Continue reading INSIGHT-To go electric, America needs more mines. Can it build them?
Nio risks running low on power on Europe road trip
A quarter of the $1 billion raised in its 2018 listing was earmarked for marketing and showrooms, according to the prospectus. By Katrina Hamlin HONG KONG: Nio‘s pending European road trip could sap its batteries. Results released on Tuesday show the Chinese electric-car maker moving fast. But founder William Li’s plan to venture overseas means… Continue reading Nio risks running low on power on Europe road trip
6 Electric Trucks to Watch for in 2021 – ThomasNet News
Welcome to Thomas Insights — every day, we publish the latest news and analysis to keep our readers up to date on what’s happening in industry. Sign up here to get the day’s top stories delivered straight to your inbox. Does anyone else have the feeling that electric vehicles will boom in 2021? Even though… Continue reading 6 Electric Trucks to Watch for in 2021 – ThomasNet News
Out for delivery: Electric vans are coming to fuel e-commerce without the guilt – The Globe and Mail
Gatik, a middle-mile delivery company based in Palo Alto and Toronto, recently introduced what it says are the industry’s first electric self-driving box trucks. Courtesy of manufacturer Delivery vans rumbling down the street have become an increasingly common sight over the past 12 months. As people order more goods and services online, the vans have… Continue reading Out for delivery: Electric vans are coming to fuel e-commerce without the guilt – The Globe and Mail
Volvo says it will only sell electric cars by 2030
Swedish automaker Volvo says it will only sell electric cars by 2030, phasing out all diesel, petrol, and hybrid options in an effort to reduce global carbon emissions. The company previously aimed for half of its cars sales to be electric by 2025, but says the new strategy is an “acceleration” of this goal driven… Continue reading Volvo says it will only sell electric cars by 2030
Volvo says it will make only electric cars by 2030
Volvo plans to sell only electric cars by 2030 in the latest move by a legacy carmaker to abandon fossil fuels that contribute to global heating. The Swedish carmaker also said it would only sell its electric cars direct to consumers online, in a blow to the traditional model of selling vehicles via independent dealerships.… Continue reading Volvo says it will make only electric cars by 2030
Chinese electric carmaker Nio warns of hit from global chip shortage
US-listed shares in China’s leading Tesla challenger slide after quarterly loss widens Go to Source
Tesla to launch Full Self-Driving subscription within 4 months
Elon Musk says that Tesla will launch its subscription service for its Full Self-Driving package within the next three to four months. Get ready for a high monthly premium, though. Last year, we reported on indications that Tesla is working on a pay-as-you-go subscription for its Full Self-Driving (FSD) package. Later, CEO Elon Musk confirmed that Tesla… Continue reading Tesla to launch Full Self-Driving subscription within 4 months