Rental car company has just $1.2bn in corporate debt and another $1.5bn in preferred stock Go to Source
Tag: Tesla
The Station: Zoox seeks out rain and Tesla fans go on the attack — again
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 central hub for all past, present and future means of moving people and packages from Point A to Point B. TechCrunch’s… Continue reading The Station: Zoox seeks out rain and Tesla fans go on the attack — again
GM, Ford results likely to reflect chip shortage’s varying impacts on sector
DETROIT: General Motors Co and Ford Motor Co are likely to show investors both the positive and negative financial impacts of the global semiconductor chip shortage when the U.S. automakers report third-quarter results on Wednesday. GM and Ford have had to bring some assembly lines to a halt for lack of semiconductors, and contend with… Continue reading GM, Ford results likely to reflect chip shortage’s varying impacts on sector
LG Chem Q3 results miss estimates, hit by GM Bolt recall cost
Revenue rose 41% to 10.6 trillion won, LG Chem said in a regulatory filing. South Korea’s LG Chem Ltd posted a 20% fall in quarterly profit on Monday, hurt by a one-off expense associated with the recall of General Motors‘ Bolt electric vehicles. It reported an operating profit of 727 billion won ($617.55 million) for… Continue reading LG Chem Q3 results miss estimates, hit by GM Bolt recall cost
Panasonic unveils its Tesla 4680 battery cell, production to start next year
Panasonic has today unveiled its new 4680 battery cell built for Tesla and it plans to start “test production” early next year. Last year, Tesla unveiled its plan to produce its own new tabless battery cell in a bigger format with a new chemistry. The automaker claims to have solved some major issues that were preventing… Continue reading Panasonic unveils its Tesla 4680 battery cell, production to start next year
German Manager Magazin: Volkswagen: Despite the electric car boom, VW managers will have to drive combustion engines by the end of 2022
at Volkswagen will the Electric cars scarce – and therefore no longer available for their own managers. Electric cars and hybrid models as company cars would “probably not be available to order until the end of 2022,” the automaker told its 18,000 executives by email this week, according to information from manager magazin. The delivery… Continue reading German Manager Magazin: Volkswagen: Despite the electric car boom, VW managers will have to drive combustion engines by the end of 2022
Cooled by the markets, Volvo lowers its claims before its IPO
Posted on Oct 25, 2021, 11:44 AM The path to the Stock Exchange is definitely never without problems for Volvo Cars. Three years after having to give up its listing due to Sino-American trade tensions and the slowdown in the automobile market, the Swedish manufacturer must this time revise its ambitions downwards. He no longer… Continue reading Cooled by the markets, Volvo lowers its claims before its IPO
Elon Musk says ‘issues’ have forced Tesla to pull its latest full self-driving beta
Tesla’s latest Full Self-Driving (FSD) beta software 10.3 has been pulled shortly after it was released, with CEO Elon Musk citing “some issues” in a tweet, TechCrunch has reported. Musk said one such issue is “regression” with left turns, while testers have posted about phantom forward collision warnings, autosteer bugs and more. The FSD has… Continue reading Elon Musk says ‘issues’ have forced Tesla to pull its latest full self-driving beta
Evergrande, EV unit shares set to jump after chairman signals business shift
Evergrande chairman Hui Ka Yan said late on Friday that the company would aim to make its new electric vehicle venture its primary business instead of property within 10 years. Shares in China Evergrande Group are set to open up more than 4% on Monday after the embattled property developer announced it planned to give… Continue reading Evergrande, EV unit shares set to jump after chairman signals business shift
Auto executive turned international fugitive Carlos Ghosn says German automakers are best positioned to challenge Tesla – CNBC
Auto executive turned international fugitive Carlos Ghosn says German automakers are best positioned to challenge Tesla CNBC Go to Source