German Manager Magazin: Tesla factory in Grünheide: Construction freeze until Elon Musk pays the water association the bill for water

Compulsory break at the Gigafactory construction site: US electric car manufacturer Tesla is temporarily unable to continue building its factory in Grünheide near Berlin. The Strausberg-Erkner water association turned off the water because Tesla didn’t pay the moneysaid association spokeswoman Sandra Ponesky. The company had been warned several times with the threat of blocking. The… Continue reading German Manager Magazin: Tesla factory in Grünheide: Construction freeze until Elon Musk pays the water association the bill for water

Glencore talking with carmakers and battery makers about nickel, CEO says

By Reuters Staff 2 Min Read FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, November 20, 2012. REUTERS/Arnd Wiegmann/File Photo JOHANNESBURG (Reuters) – Glencore GLEN.L CEO Ivan Glasenberg said on Friday that the company is talking with carmakers and battery makers about nickel –… Continue reading Glencore talking with carmakers and battery makers about nickel, CEO says

CEO of top battery maker LG Chem discloses JV talks, defends split-off

By Hyunjoo Jin, Heekyong Yang 3 Min Read SEOUL (Reuters) – LG Chem, the world’s top electric vehicle (EV) battery maker, is in talks with a “couple” of automakers to create joint ventures to produce automotive batteries, Chief Executive Officer Hak Cheol Shin told Reuters on Friday. Slideshow ( 4 images ) LG Chem is… Continue reading CEO of top battery maker LG Chem discloses JV talks, defends split-off

German Handelsblatt: Auto Industry: In the third quarter, Porsche shortens backlog on pre-crisis year

Production of the Porsche Taycan Production of the all-electric car is ramped up again, and sales figures are increasing accordingly. The top seller is the Porsche Cayenne. (Photo: dpa) Stuttgart The sports car manufacturer Porsche partially made up for deficits suffered from the corona crisis in the summer. After the first three quarters of 2020,… Continue reading German Handelsblatt: Auto Industry: In the third quarter, Porsche shortens backlog on pre-crisis year

Top EV battery maker LG Chem in JV talks with automakers: CEO

By Hyunjoo Jin, Heekyong Yang 2 Min Read Slideshow ( 4 images ) SEOUL (Reuters) – LG Chem, the world’s top electric vehicle (EV) battery maker, is in talks with a “couple” of automakers to create joint ventures to produce automotive batteries, Chief Executive Officer Hak Cheol Shin told Reuters on Friday. LG Chem is… Continue reading Top EV battery maker LG Chem in JV talks with automakers: CEO

Proterra, which makes big honkin’ battery systems and electric buses, raises $200 million

Proterra, the battery system technology developer for heavy-duty electric vehicles, said it has raised $200 million in a new round of funding. The new cash comes from Cowen Sustainable Investment Advisors, which led the round, along with money from Soros Fund Management, Generation Investment Management and Broadscale Group. Cowen took the bulk of the round,… Continue reading Proterra, which makes big honkin’ battery systems and electric buses, raises $200 million

Tesla’s decision to scrap its PR department could create a PR nightmare

The move effectively makes founder Elon Musk the company’s lone voice Ayelet Noff 12 hours Ayelet Noff Contributor Ayelet Noff is the founder and CEO of SlicedBrand, a top global PR agency headquartered in Berlin. A solid public relations team solves many issues within a company. It helps spread important news announcements and topics integral… Continue reading Tesla’s decision to scrap its PR department could create a PR nightmare

Innoviz sees lower lidar costs accelerating autonomous car development

By Reuters Staff 2 Min Read FILE PHOTO: Omer Keilaf, CEO of Israeli firm, Innoviz Technologies, speaks during an interview with Reuters at the Smart Mobility Summit in Tel Aviv, Israel October 30, 2018. REUTERS/Nir Elias TEL AVIV (Reuters) – Israeli lidar maker Innoviz Technologies said price reductions for the laser-based sensors will be key… Continue reading Innoviz sees lower lidar costs accelerating autonomous car development

Tesla will start making seven-seater Model Ys next month

Sponsored Links RoschetzkyIstockPhoto via Getty Images We’ve been hearing about a three-row, seven seat version of Tesla’s Model Y crossover since before it was officially announced, but now Elon Musk says it’s almost here. For those who want to transport more people inside Tesla’s smaller electric SUV, the exec tweeted that production will begin next… Continue reading Tesla will start making seven-seater Model Ys next month

Elon Musk Slashes Tesla Model S Price to $69,420

Nice Elon Musk announced on Twitter today that the Tesla Model S “Long Range” sedan is getting a price cut to $69,420 — the weed number and the sex number combined, in Musk’s signature puerile humor. The move is aimed squarely at Tesla competitor Lucid, which announced today that the base model of its Air… Continue reading Elon Musk Slashes Tesla Model S Price to $69,420