Tag: Tesla

GM to build electric delivery vans under new BrightDrop brand

Washington: General Motors unveiled plans Tuesday to build electric vans under the new BrightDrop brand, in a move aimed at creating a new ecosystem for delivery of goods. “BrightDrop offers a smarter way to deliver goods and services,” said GM chairman and chief executive Mary Barra as she unveiled the new brand at the virtual… Continue reading GM to build electric delivery vans under new BrightDrop brand

Elon Musk’s Tesla registers subsidiary in India, names three directors

According to a Registrar of Companies (RoC) filing, the new entity Tesla India Motors and Energy Private Limited is registered in Bengaluru, Karnataka and is classified as a subsidiary of a foreign company. It has also registered its office in Lavelle Road, a business district in the southern city, with paid-up capital of ₹1 lakh and… Continue reading Elon Musk’s Tesla registers subsidiary in India, names three directors

The World’s Top Maker of Mini Motors Bets It Can Win Over Tesla

(Bloomberg) — Nidec Corp., the world’s top supplier of motors for everything from hard drives to power plants, is betting it can make a key component for Tesla Inc.’s electric vehicles cheaper and better than anyone else, possibly including its chief executive officer, Elon Musk. “I very much want to have a top-level discussion with… Continue reading The World’s Top Maker of Mini Motors Bets It Can Win Over Tesla

HiPhi X Super SUV Dazzles EV Enthusiasts at Hainan New Energy Auto Show

The four-day event held from January 8-11 featured some of the world’s largest carmakers. Located between the BMW, Volvo, and Tesla exhibits, the HiPhi X put on an impressive display as it danced along to a rendition of “I Love You China” and a special Christmas number. These kinds of performances are made possible through… Continue reading HiPhi X Super SUV Dazzles EV Enthusiasts at Hainan New Energy Auto Show

Chinese electric vehicle maker Xpeng secures $2 billion credit line to expand manufacturing

By Reuters Staff 1 Min Read FILE PHOTO: The logo on an XPeng Inc. P7 performance electric vehicle is seen outside the New York Stock Exchange in New York, U.S., August 27, 2020. REUTERS/Mike Segar BEIJING (Reuters) – Chinese electric vehicle maker Xpeng Inc said on Tuesday it has secured a credit line of 12.8… Continue reading Chinese electric vehicle maker Xpeng secures $2 billion credit line to expand manufacturing

GM working with ‘all the best startups’ on next-gen EV battery tech -exec

By Paul Lienert 2 Min Read FILE PHOTO: General Motors assembly workers connect a battery pack underneath a partially assembled 2018 Chevrolet Bolt EV vehicle on the assembly line at Orion Assembly in Lake Orion, Michigan, U.S., March 19, 2018. REUTERS/Rebecca Cook/File Photo DETROIT (Reuters) – General Motors Co, as part of a $27 billion… Continue reading GM working with ‘all the best startups’ on next-gen EV battery tech -exec

Baidu to join China EV race with Geely support

HONG KONG — Chinese technology group Baidu, best known for its internet search engine, is set to make a late entry into China’s heated electric car race. Zhejiang Geely Holding Group, China’s largest private automotive group, will act as a strategic partner. The move positions Baidu as the latest Chinese challenger to Tesla at a… Continue reading Baidu to join China EV race with Geely support

Chinese EV maker Nio may launch mass market vehicles under another marque

CHENGDU: China’s electric vehicle (EV) maker Nio Inc, which competes with conventional premium automakers including Daimler AG and BMW, may make mass market products under another marque, its chief executive said. “As EV technologies advance and battery cost lowers, it is possible that we may enter the massive market, but definitely not with Nio brand,”… Continue reading Chinese EV maker Nio may launch mass market vehicles under another marque