By Reuters Staff 4 Min Read SEOUL (Reuters) – South Korea’s LG Chem Ltd plans to more than double production capacity of battery cells it makes in China for Tesla Inc electric vehicles (EV) next year, sources said, to keep up with its U.S. client’s growth in the biggest car market. FILE PHOTO: The logo… Continue reading Exclusive: LG Chem to double China battery capacity to meet Tesla demand – sources
Tag: Tesla
Nikola’s Badger has been canceled, but other electric pickups with outlandish features are coming — here’s what to expect from Tesla, Rivian, GMC, and others
Electric pickup trucks are set to flood the car market over the next couple of years, with many promising cool and useful features. Tesla claims its Cybertruck will be bulletproof, Rivian has showed off an innovative “gear tunnel” cargo area in its R1T, and the GMC Hummer EV will have a removable, transparent roof. Buyers… Continue reading Nikola’s Badger has been canceled, but other electric pickups with outlandish features are coming — here’s what to expect from Tesla, Rivian, GMC, and others
Tesla surges 4% to record high amid approval from China to sell its Model Y SUV (TSLA)
Attila Kisbenedek/AFP via Getty Images Tesla’s stock hit a record high on Monday amid a report from Reuters that the electric vehicle company gained approval from China to sell its Model Y SUV in the country. Tesla has built up its manufacturing capabilities in Shanghai to produce the Model Y SUV. The company already sells… Continue reading Tesla surges 4% to record high amid approval from China to sell its Model Y SUV (TSLA)
Tesla to join S&P 500 in single tranche
By Reuters Staff 1 Min Read FILE PHOTO: The logo of Tesla is seen on a store in Paris, France, October 30, 2020. REUTERS/Charles Platiau/File Photo (Reuters) – Tesla Inc will join the S&P 500 index in a single part, S&P Dow Jones Indices announced on Monday following a consultation with investors about the best… Continue reading Tesla to join S&P 500 in single tranche
China grants Tesla green light to start selling Shanghai-made Model Y SUV
By Reuters Staff 1 Min Read FILE PHOTO: The company logo is pictured on a Tesla Model X electric car in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch SHANGHAI (Reuters) – Tesla Inc has obtained permission to start selling its Shanghai-made Model Y sports utility vehicle in China, according to documents released by the country’s… Continue reading China grants Tesla green light to start selling Shanghai-made Model Y SUV
German Handelsblatt: Electric strategy from Volkswagen: At VW, planning for small cars is taking shape000849
Volkswagen is planning the little brother for the ID.3 The ID.3 is the first all-electric car from Volkswagen. The ID.2 is to become the smaller brother as a small car, for around 20,000 euros. (Photo: dpa) Wolfsburg Volkswagen CEO Herbert Diess is anything but undisputed within the group. But even among his opponents there is… Continue reading German Handelsblatt: Electric strategy from Volkswagen: At VW, planning for small cars is taking shape000849
The inside story of how Henrik Fisker pulled off a $3 billion deal to fuel his electric car comeback (FSR)
Henrik Fisker has bounced back from the demise of his first car company, Fisker Automotive, with Fisker, Inc. Fisker, Inc. recently went public at a $3 billion valuation that quickly shot up to over $4 billion. The deal used a once-derided but now popular investment vehicle called a SPAC to execute a reverse-merger and list… Continue reading The inside story of how Henrik Fisker pulled off a $3 billion deal to fuel his electric car comeback (FSR)
More Than 100,000 Tesla Vehicles Probed For Safety Issue
TipRanks Goldman Sachs: These 3 Stocks Could Spike Over 40% Expectations of good news on the near horizon are buoying markets right now. Over the past month, both the S&P 500 and the NASDAQ are up 11% to new record highs.Investors are excited at the prospect of a COVID vaccine coming before the winter is… Continue reading More Than 100,000 Tesla Vehicles Probed For Safety Issue
US agency investigating Tesla front suspension failures
Detroit – The U.S. government’s road safety agency is investigating complaints that suspensions can fail on nearly 115,000 Tesla electric vehicles. The National Highway Traffic Safety Administration says it has 43 complaints that linkages near the ball joints can fail, allowing contact between the tire and wheel liner. The probe announced Friday covers 2015 through… Continue reading US agency investigating Tesla front suspension failures
SAIC Motor, an early adopter of the smart car, sets up US$1 billion fund to invest in internet-linked vehicles with Alibaba
SAIC Motor, China’s largest state-owned carmaker and the Chinese partner of General Motors, has established a private equity fund to finance its forays into developing smart cars with the country’s biggest technology company Alibaba Group Holding. SAIC Motor would invest 5.4 billion yuan to create the 7.2 billion yuan (US$1 billion) fund with Shanghai Zhangjiang… Continue reading SAIC Motor, an early adopter of the smart car, sets up US$1 billion fund to invest in internet-linked vehicles with Alibaba