By Yilei Sun, Brenda Goh 3 Min Read BEIJING (Reuters) – Polestar, the performance electric vehicle maker based in Sweden and owned by China’s Geely, plans to double the number of showrooms in existing markets this year and expand to new countries in Asia and the Middle East, its CEO said on Tuesday. Slideshow (… Continue reading EV maker Polestar plans to double showrooms and move into new markets: CEO
Tag: Tesla
German Manager Magazin: Tesla Battery Day: Elon Musk slows down battery euphoria000153
Tesla-Boss Elon Musk (49) tried to curb the self-generated hype about the “Battery Day” he staged. The event, which was already announced for Tuesday in 2019, had aroused great expectations. Tesla’s share price had also risen against the market at the beginning of the week, the company is now around four and a half times… Continue reading German Manager Magazin: Tesla Battery Day: Elon Musk slows down battery euphoria000153
Baidu-backed Chinese EV startup WM Motor raises $1.5 billion
By Reuters Staff 1 Min Read FILE PHOTO: WM Motor’s founder and CEO Freeman Shen and Vice President of Strategic Planning, Lobo Lu attend the WM Motor brand launch event in Shanghai, China, December 11, 2017. REUTERS/Aly Song BEIJING (Reuters) – Baidu-backed BIDU.O Chinese electric vehicle (EV) startup WM Motor said on Tuesday it has… Continue reading Baidu-backed Chinese EV startup WM Motor raises $1.5 billion
Tesla initiates talks to set up research centre in Bengaluru
Tesla held exploratory discussions with Karnataka government officials on September 10, who are seeking a possible investment by the world’s most valuable carmaker in a research facility in Bengaluru, people familiar with the development told ET. A followup meeting is expected later this month, they said, during which the state officials are expected to present… Continue reading Tesla initiates talks to set up research centre in Bengaluru
Bill Gates says Elon Musk couldn’t be confused with Steve Jobs and that electric cars are ‘far easier’ than other climate change technology
Summary List Placement SEE ALSO: Elon Musk just made $8 billion in one day. Here’s how the CEO makes and spends his $84.8 billion fortune. DON’T MISS: Her fortune came from Hyatt hotels; his came from the Erie Canal. Now, they want the government to tax their millions to fund coronavirus relief. Join the conversation about this… Continue reading Bill Gates says Elon Musk couldn’t be confused with Steve Jobs and that electric cars are ‘far easier’ than other climate change technology
Cadillac’s answer to Tesla’s Autopilot, Super Cruise, will cost $25 per month after its 3-year trial period
Super Cruise is General Motors’ answer to Tesla’s Autopilot: an advanced driver-assistance feature. The first three-year trials of Super Cruise, launched in late 2017, expire soon, and GM will begin charging customers a subscription fee to keep the technology activated. The standalone subscription cost for Super Cruise will be $25 per month. Visit Business Insider’s… Continue reading Cadillac’s answer to Tesla’s Autopilot, Super Cruise, will cost $25 per month after its 3-year trial period
A Tesla driver was caught sleeping on Autopilot at high speed, police are charging him criminally
A Tesla driver was caught sleeping on Autopilot with their seat “fully reclined” at high speed, according to police who criminally charged the driver. Alberta RCMP (Canada federal police) reported on a strange incident involving a Tesla vehicle on Autopilot. “Alberta RCMP received a complaint of a car speeding on Highway 2 near Ponoka. The… Continue reading A Tesla driver was caught sleeping on Autopilot at high speed, police are charging him criminally
Amazon buying Aurora could be the next big move in the self-driving-car industry’s wave of consolidation, an expert says (AMZN, UBER)
The autonomous-vehicle industry has seen a number of big investments, partnerships, and acquisitions in recent years. Aurora Innovation and Uber ATG are the firms most likely to be bought next, according to analyst Sam Abuelsamid. Amazon could use Aurora’s tech to build self-driving heavy-duty trucks, while Toyota could add Uber ATG to its research division,… Continue reading Amazon buying Aurora could be the next big move in the self-driving-car industry’s wave of consolidation, an expert says (AMZN, UBER)
LG Chem plans to separate battery business as electric cars take off
By Hyunjoo Jin 3 Min Read SEOUL (Reuters) – South Korea’s LG Chem, an electric car battery supplier for Tesla Inc and GM said on Thursday it plans to separate its battery business into a new company as the electric vehicle market takes off. The move came after LG Chem swung to a profit in… Continue reading LG Chem plans to separate battery business as electric cars take off
LG Chem plans to separate electric car battery business as a new company
By Reuters Staff 1 Min Read SEOUL (Reuters) – South Korea’s LG Chem, an electric car battery supplier for Tesla Inc and GM, said on Thursday it plans to separate its battery business as a new company in December. The new company, to be wholly owned by LG Chem, seeks to “strengthen the expertise and… Continue reading LG Chem plans to separate electric car battery business as a new company