Large oil reserves, but little manufacturing industry: Saudi Arabia’s economic structure has been suffering from this for a long time. No wonder that the controversial Crown Prince of the country, Mohammed bin Salman (35), is pushing for the country to be more open to foreign investors. It has been an open secret for a good… Continue reading German Manager Magazin: Saudi Arabia is considering its own electric car production with Lucid Motors – Oil state is looking for a way to an emission-free future000782
Tag: Tesla
Vandals Are Stuffing Meat Into Electric Vehicle Charging Stations
Officials say it’s a part of a trend of charging station vandalism. Where’s the Beef? As electric vehicles become more popular, a growing number of detractors have come out of the woodwork to express their anti-electric car views. While most just simply turn to social media to voice their opinions, there are a few out… Continue reading Vandals Are Stuffing Meat Into Electric Vehicle Charging Stations
German Handelsblatt: Software, chips, solar energy: The autonomous movement: This is what VW is already prescribing the next revolution after e-mobility001984
Herbert Diess The VW boss wants to follow the example of Tesla and Apple. (Photo: Thomas Kuhlenbeck) Read on now Get access to this and every other article in the Web and in our app for 4 weeks free of charge. Further Read on now Get access to this and every other article in the… Continue reading German Handelsblatt: Software, chips, solar energy: The autonomous movement: This is what VW is already prescribing the next revolution after e-mobility001984
@Tesla: Tesla Releases First Quarter 2021 Financial Results000072
PALO ALTO, Calif., April 26, 2021 – Tesla has released its financial results for the first quarter of 2021 by posting an update on its Investor Relations website. Please visit https://ir.tesla.com to view the update. As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 2:30 p.m. Pacific Time (5:30… Continue reading @Tesla: Tesla Releases First Quarter 2021 Financial Results000072
Volkswagen Will Develop In-House Self-Driving Chip to Compete With Tesla, Apple – Observer
Volkswagen sold almost half as many electric cars as Tesla in 2020. Sean Gallup/Getty Images Although Tesla’s expensive and strictly in-house developed autonomous driving software has a long way to go to actually achieve self-driving, its German rival Volkswagen is going down the same path to build its own driverless capabilities. In an interview German… Continue reading Volkswagen Will Develop In-House Self-Driving Chip to Compete With Tesla, Apple – Observer
1 in 5 electric vehicle owners in California switched back to gas because charging their cars is a hassle, new research shows (F, TSLA, GM)
Roughly 20% of electric vehicle owners in California replaced their cars with gas ones, a new study shows. The main reason drivers made the switch was the inconvenience of charging. The findings suggest new challenges facing the growth of the nascent electric vehicle market. See more stories on Insider’s business page. In roughly three minutes,… Continue reading 1 in 5 electric vehicle owners in California switched back to gas because charging their cars is a hassle, new research shows (F, TSLA, GM)
@niche: Xos Trucks Raises $20 Million, Partners with Tier 1 Automotive Supplier Metalsa000831
LOS ANGELES, Aug. 18, 2020 (GLOBE NEWSWIRE) — Xos Trucks, Inc., a leading manufacturer of fully electric commercial vehicles, today announced it has raised $20 million from a group of investors including Proeza Ventures, a mobility-focused VC firm backed by Metalsa’s holding company, and BUILD Capital Group. The financing, which closed in early 2020, will… Continue reading @niche: Xos Trucks Raises $20 Million, Partners with Tier 1 Automotive Supplier Metalsa000831
Vietnam’s answer to Tesla has U.S. in its electric sights
By James Pearson, Phuong Nguyen 8 Min Read HAIPHONG, Vietnam (Reuters) – Move over Tesla, how about a VinFast? A labourer works in VinFast’s factory in Hai Phong City, Vietnam, April 22, 2021. Picture taken April 22, 2021. REUTERS/Thanh Hue That’s the proposition being offered by the automobile arm of Vietnam’s largest conglomerate, Vingroup. It’s… Continue reading Vietnam’s answer to Tesla has U.S. in its electric sights
Tesla’s head of UI leaves and leaks unreleased Cybertruck and FSD images in the process
Tesla’s longtime head of user interface design has left the company, and he has leaked some images of previously unreleased UI design for the Cybertruck and Full Self-Driving software in the process. Pawel Pietryka was an art director at Apple before joining Tesla back in 2016. He quickly became Tesla’s head of user interface design… Continue reading Tesla’s head of UI leaves and leaks unreleased Cybertruck and FSD images in the process
CEO Mary Barra bets GM can grow beyond cars and trucks – Reuters
(Reuters) – Pam Fletcher wants to change the way General Motors Co makes money. The veteran GM engineer’s Global Innovation team is looking for new enterprises to expand the automaker’s sources of revenue well beyond vehicle sales and is incubating ventures from commercial delivery services to vehicle insurance, to address future markets worth an estimated… Continue reading CEO Mary Barra bets GM can grow beyond cars and trucks – Reuters