Nissan planning new electric car battery ‘gigafactory’ for Sunderland – report

Nissan is understood to be asking the UK government to provide tens of millions of pounds to build a new electric car battery “gigafactory” in Sunderland . The Japanese carmaker hopes to support the construction of a factory, that could produce up to 200,000 batteries a year, at Nissan’s existing Sunderland site. The facility would… Continue reading Nissan planning new electric car battery ‘gigafactory’ for Sunderland – report

Tesla Cybertruck amasses a million pre-orders worth $37 billion

The Tesla Cybertruck, which was first revealed in November 2019, continues to attract more interest from potential buyers. A clue to the massive market enthusiasm came early after the reveal when in barely after week, 200,000 people had placed a deposit on the radical pickup. It also helps that the deposit is a refundable US$… Continue reading Tesla Cybertruck amasses a million pre-orders worth $37 billion

‘Not a chance’ Tesla will dominate car industry in 20 years: Bruce Greenwald

Columbia Business School Professor Bruce Greenwald joins “Influencers with Andy Serwer’ to discuss Tesla’s success in the EV market. Video Transcript BRUCE GREENWALD: Tesla will do a little better. I mean, there’s an easy way to measure barriers to entry. So the first element is what’s the minimum market share you need to get to… Continue reading ‘Not a chance’ Tesla will dominate car industry in 20 years: Bruce Greenwald

NIO Extends Joint Manufacturing Agreement With JAC by 3 Years

NIO Inc. NIO recently renewed its agreement with Jianghuai Automobile Group Co., Ltd. (“JAC”) and Jianglai Advanced Manufacturing Technology (Anhui) Co., Ltd. (Jianglai), for the joint manufacturing of NIO vehicles for another three years. Currently, NIO’s vehicles are manufactured in a factory belonging to a Chinese state-owned automaker JAC in a manufacturing plant located in… Continue reading NIO Extends Joint Manufacturing Agreement With JAC by 3 Years

Cryptocurrencies are for speculators, criminals, and cosplayers. Other than that they’re useless.

Crypto is for speculators, criminals, and people who like playing pretend central banker. It is mostly a dangerous nuisance. It is not the future of money. This is an opinion column. The thoughts expressed are those of the author. See more stories on Insider’s business page. Cryptocurrencies are for speculators, criminals and cosplayers. Aside from… Continue reading Cryptocurrencies are for speculators, criminals, and cosplayers. Other than that they’re useless.

Tesla is scrapping radar sensors and turning to cameras to power Autopilot in Model 3 and Model Y cars

Tesla will remove radar sensors for Autopilot in some vehicles from now, it said. Model 3 and Model Y cars delivered from May would use only cameras to power driver-assist features. Tesla said some features, such as Autosteer, may be “temporarily limited or inactive” in the transition. See more stories on Insider’s business page. Tesla… Continue reading Tesla is scrapping radar sensors and turning to cameras to power Autopilot in Model 3 and Model Y cars

Tesla will store Chinese car data locally, following government fears about spying

Tesla says it’s established a data center in China to store and process information produced by its vehicles locally. The announcement, made on Weibo, comes as the US carmaker faces pressure from Chinese authorities over fears its cars could be used for spying. “Car data security is very important,” said Tesla (via Google Translate). “All… Continue reading Tesla will store Chinese car data locally, following government fears about spying

Taxes on electric vehicles will slow Australia’s progress. It’s not complicated | Richard Denniss

As a rule of thumb, it’s good economics and good politics to tax the things you want less of and subsidise the things you want more of. That is why the Australian government raises so much tax from alcohol and tobacco, and why the Victorian government’s electric vehicle tax is the dumbest idea since Tony… Continue reading Taxes on electric vehicles will slow Australia’s progress. It’s not complicated | Richard Denniss

Elon Musk updates Tesla Full Self-Driving Beta v9 timeline and FSD Subscription once again

Elon Musk has again updated the timeline for Tesla releasing its highly anticipated Full Self-Driving Beta v9 software update and FSD Subscription. Here’s the long history of Tesla’s FSD v9 and FSD Subscription timelines: Tesla Full Self-Driving beta Tesla is currently testing the “feature complete” version of its Full Self-Driving (FSD) package in beta with… Continue reading Elon Musk updates Tesla Full Self-Driving Beta v9 timeline and FSD Subscription once again

Tesla will store Chinese user data locally, following Apple’s suit

The handling of user data in China has become a delicate matter for foreign tech companies operating in the country. Apple’s move to store the data of its Chinese customers in servers managed by a Chinese state-owned cloud service has stoked controversy in the West over the years. A recent New York Times investigation found… Continue reading Tesla will store Chinese user data locally, following Apple’s suit