Foxconn recently said it will build electric vehicle manufacturing facilities in the US and Thailand next year. Beijing: Foxconn, the world’s largest electronics contract manufacturer and Apple’s main iPhone supplier, is planning to capture around 5 per cent of the market share globally in the electric vehicles (EV) by the end of 2025. By that… Continue reading Foxconn aims to get 5% of global market share for EV business by 2025
Tag: Tesla
Porsche to build out its own network of EV charging stations
Porsche said it will start building out its own proprietary global network of charging stations next year, a departure from its initial strategy to rely on partnerships with other companies. The plan, which was revealed during the company’s annual meeting, comes as Porsche prepares to expand its EV portfolio beyond the Taycan to at least… Continue reading Porsche to build out its own network of EV charging stations
Tesla begins update for employees | Tesla FSD Beta 10.11
The e-car manufacturer Tesla has a new update in progress that should fix some critical bugs. Recently there were serious problems with the autopilot again FSD package, which erroneously stands for Full Self-Driving. The fact that Tesla uses the term has the lobby group prompted to change the name. If the update is found to… Continue reading Tesla begins update for employees | Tesla FSD Beta 10.11
Mercedes holds firm on EV investment plans despite Ukraine war disruptions – Automotive News Europe
TUSCALOOSA, Alabama — Mercedes-Benz will not cut spending on future electric vehicles even as it copes with supply-chain cost pressures exacerbated by the Russia-Ukraine conflict, CEO Ola Kallenius said. Kallenius, speaking during the company’s opening of its first U.S. EV battery factory, also affirmed the company’s 2022 financial outlook remained in place despite the conflict.… Continue reading Mercedes holds firm on EV investment plans despite Ukraine war disruptions – Automotive News Europe
Clean Technica: Wall Street Journal: Traditional Automakers Starting to Emulate Tesla’s Retail Strategy001798
Tesla’s online approach of selling direct-to-consumer is inspiring others. According to the Wall Street Journal, “As car companies go electric, some are trying to wrest control from dealers on how those vehicles will be priced and sold, aiming to make the experience closer to the direct-selling model used by Tesla.” Tesla Model X Plaid JRR, CleanTechnica ”… Continue reading Clean Technica: Wall Street Journal: Traditional Automakers Starting to Emulate Tesla’s Retail Strategy001798
Tesla Fires Employee Who Posted Shocking YouTube Videos About Its Full Self-Driving Beta
John Bernal, a Tesla employee who has posted several shocking YouTube videos about the company’s “Full Self-Driving” Beta software leading to close calls on public streets, was fired by the company in February, according to CNBC. Despite having no safety “strikes,” Bernal also lost access to the beta self-driving software in his own personal vehicle.… Continue reading Tesla Fires Employee Who Posted Shocking YouTube Videos About Its Full Self-Driving Beta
Tesla price hike, Volvo-Starbucks charging network, Mercedes-Benz US battery supply: Today’s Car News
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Tesla prices rise again: At $49,690, base Model 3 now costs a third more vs. a year ago
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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