Ford is increasing its investment in electric and autonomous vehicles to $29 billion, the company’s top executives said in an earnings call Thursday. The automaker had previously committed to spend $11.5 billion on electrifying its vehicle lineup through 2022. Now, Ford says it will spend double that amount, while extending the timeline to 2025. The… Continue reading Ford is more than doubling its investment in electric and autonomous vehicles to $29 billion
Tag: Tesla
Tesla takes delivery of a big order of robots at Gigafactory Texas
Tesla appears to already be taking delivery of a quite a big order of robots for Model Y production at Gigafactory Texas. Tesla Gigafactory Texas In mid-2020, Tesla announced a deal to build a brand-new factory in Austin, where they bought a 2,000-acre piece of land. At first, Tesla referred to the factory as the Cybertruck… Continue reading Tesla takes delivery of a big order of robots at Gigafactory Texas
@VW Group: Blume: “The pandemic reveals who’s done their homework“
It has become noticeably quieter than usual in front of the Porsche headquarters in Stuttgart, with strict work from home rules resulting in empty offices and deserted car parks. Despite this, Porsche CEO Oliver Blume is in the office for this interview – in a large meeting room on the first floor of the administrative… Continue reading @VW Group: Blume: “The pandemic reveals who’s done their homework“
Electric vehicle sales surge in EU amid Covid slump
Renault’s Zoe hatchback took poll position thanks to strong sales in France and Germany in particular, with nearly 100,000 sold last year on 23 key European markets Paris: Demand for electric vehicles soared in the EU last year as buyers took advantage of government subsidies for clean cars aimed at helping manufacturers weather the unprecedented… Continue reading Electric vehicle sales surge in EU amid Covid slump
Ford Motor terminates electric vehicle plans with China’s Zotye
By Reuters Staff 2 Min Read Slideshow ( 2 images ) SHANGHAI (Reuters) – Ford Motor has decided to terminate plans to launch electric vehicle joint ventures with China’s Zotye Automobile, the U.S. auto giant said on Thursday. It said that China’s electric vehicle industry and government policies had undergone major changes since the agreements… Continue reading Ford Motor terminates electric vehicle plans with China’s Zotye
Don’t buy Teslas during a production ramp, Elon Musk says
The quality of Tesla’s cars suffers any time the company dramatically scales up production, CEO Elon Musk admitted in a February 2nd interview. Musk also said that Tesla was making cars so fast near the end of 2020 that it was messing up the paint jobs. Tesla has gotten a lot of criticism for the… Continue reading Don’t buy Teslas during a production ramp, Elon Musk says
Tesla may build a technology into its cars that could make them more secure and easier to find in parking lots
Tesla could hone its keyless entry by building ultra-wideband technology into its vehicles. The technology could allow drivers to easily locate their cars even in a crowded parking lot. UWB works similarly to Bluetooth and Wi-Fi, but with better accuracy. Visit the Business section of Insider for more stories. Tesla is honing the keyless entry… Continue reading Tesla may build a technology into its cars that could make them more secure and easier to find in parking lots
Tesla says its faulty touchscreens that led to a recall were only built to last 5-6 years (TSLA)
Tesla agreed to recall more than 134,000 of its cars over faulty touchscreens this week. US regulators said the failing displays could affect essential components like the rear-view camera. Tesla agreed to the recall, and said its screens shouldn’t be expected to last more than 5-6 years. Visit the Business section of Insider for more… Continue reading Tesla says its faulty touchscreens that led to a recall were only built to last 5-6 years (TSLA)
Panasonic plans to deploy Tesla 4680 battery cell production later this year
Panasonic confirmed that it plans to set up Tesla 4680 battery cell production at GIgafactory Nevada later this year. They expect higher revenue from the Tesla partnership. Tesla’s call for higher battery production When Tesla unveiled its plan to produce its own new tabless battery cell in a bigger format with a new chemistry using its own… Continue reading Panasonic plans to deploy Tesla 4680 battery cell production later this year
Tesla updates Model Y timeline in Europe, hints at Gigafactory Berlin to start production ‘mid-2021’
Tesla has updated its Model Y delivery timeline in Europe – hinting that Gigafactory Berlin will start production in “mid-2021.” Tesla Model Y in Europe With Model Y, Tesla has taken a completely different approach to rolling out the vehicle in new markets. Previously, the automaker would start production of a new vehicle at the… Continue reading Tesla updates Model Y timeline in Europe, hints at Gigafactory Berlin to start production ‘mid-2021’