Autos & TransportationEV startup Rivian could be worth nearly as much as Honda in U.S. IPO10:23 PM UTC

Nov 1 (Reuters) – Rivian Automotive Inc, which is backed by Amazon.com Inc (AMZN.O), is targeting a valuation of more than $53 billion for its U.S. debut, making the electric vehicle manufacturer potentially almost as valuable as rival Honda Motor (7267.T). The startup is looking to raise up to $8.4 billion, setting it up to… Continue reading Autos & TransportationEV startup Rivian could be worth nearly as much as Honda in U.S. IPO10:23 PM UTC

Tesla Under Scrutiny Over Lack of Recall After Autopilot Update

The top federal auto safety regulator sent two letters to Tesla this week raising questions about the company’s driver-assistance software systems and instructing the carmaker to provide fuller information. The regulator, the National Highway Traffic Safety Administration, is looking into why Tesla did not issue a recall last month when it updated software called Autopilot… Continue reading Tesla Under Scrutiny Over Lack of Recall After Autopilot Update

EValuating Tata Motors’ electric bet

The billion-dollar fund infusion by TPG Rise Climate provided a big boost to the Tata Motors valuations and the stock. Not only did you see the stock locked in circuit but it also hit fresh 52-week highs and found a renewed buzz in the bourses. But the question is can you consider it as a… Continue reading EValuating Tata Motors’ electric bet

Autos & TransportationTesla opens charging network for other EVs in Netherlands3:49 PM UTC

A Tesla Supercharger station is seen in Dietikon, Switzerland October 21, 2020. REUTERS/Arnd Wiegmann/File Photo Nov 1 (Reuters) – Tesla Inc (TSLA.O) is opening its fast charging network for other electric cars in the Netherlands, the world’s most valuable carmaker said on Monday, as it focuses on large-scale adoption of electric vehicles. The pilot program,… Continue reading Autos & TransportationTesla opens charging network for other EVs in Netherlands3:49 PM UTC

The Station: Amazon reveals Rivian stake, the Tesla FSD saga continues and Aurora snaps up a CIG startup

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your spooktacular central hub for all past, present and future means of moving people and packages from Point A to Point B.… Continue reading The Station: Amazon reveals Rivian stake, the Tesla FSD saga continues and Aurora snaps up a CIG startup

China EV Sales: Xpeng Deliveries Triple, Stock Retakes Buy Point, Li Sales Double, Nio Tumbles

Motley Fool Why Is Honda Chasing Tesla’s CEO Into Space? Elon Musk’s Tesla (NASDAQ: TSLA) achieved a $1 trillion valuation earlier this week as the electric car company continued to disrupt the established car industry with new technologies such as autonomous driving software, solar power, and rechargeable batteries. Perhaps inspired by this success, Honda Motor… Continue reading China EV Sales: Xpeng Deliveries Triple, Stock Retakes Buy Point, Li Sales Double, Nio Tumbles

China’s Ganfeng Lithium inks 3-year supply contract with Tesla

By Reuters Staff 2 Min Read FILE PHOTO: A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo/File Photo BEIJING/HONG KONG (Reuters) -China’s Ganfeng Lithium Co Ltd and its unit GFL International Co Ltd have signed a contract to supply battery-grade… Continue reading China’s Ganfeng Lithium inks 3-year supply contract with Tesla

Tesla launches new ‘financial leasing’ product to buy cars with 0% down payment

Tesla has launched a new financial product called “financial leasing” that enables customers to buy its cars with no down payment. It’s currently only available in China. Over the weekend, Tesla updated its online configurator in China to add a new financing option when buying a vehicle online. Along with cash or loan, Tesla is… Continue reading Tesla launches new ‘financial leasing’ product to buy cars with 0% down payment