By Reuters Staff 3 Min Read (Reuters) – The Chinese military banned Tesla cars from entering military housing complexes, citing security concerns over the cameras installed on the vehicles, according to two people who saw notices of the directive. FILE PHOTO: A man wearing a face mask following the coronavirus disease (COVID-19) outbreak walks by… Continue reading Chinese military bans Tesla cars in its complexes on camera concerns: sources
Tag: Tesla
Asim Hussain: ‘QuantumScape’s battery tech is capable of lasting hundreds of thousands of miles.’
California-based QuantumScape claims its solid-state batteries with lithium-metal anodes achieve 80 percent charge in less than 15 minutes. The company, which has a JV with Volkswagen for battery supplies and counts the likes of Bill Gates among its backers, saw 2019 Nobel Prize (Chemistry) winner Dr Stanley Whittingham validate its tech. Chief Marketing Officer Asim… Continue reading Asim Hussain: ‘QuantumScape’s battery tech is capable of lasting hundreds of thousands of miles.’
Exclusive: Targeting Tesla, China’s Geely to launch new premium EV brand – sources
By Yilei Sun, Tony Munroe 3 Min Read BEIJING (Reuters) – China’s Geely plans to roll out electric vehicles under a new marque with different branding and sales strategies, people familiar with the matter said, as the Volvo owner looks to take on its main EV rival Tesla with higher-end vehicles. FILE PHOTO: A building… Continue reading Exclusive: Targeting Tesla, China’s Geely to launch new premium EV brand – sources
Tesla to shut down final assembly plant in Tilburg following Model S/X refresh
Tesla is shutting down its assembly plant in Tilburg, the Netherlands, where the automaker performed the final assembly of its Model S and Model X. The plant may be repurposed. Tesla Tilburg plant With all the focus on Tesla building a Gigafactory near Berlin, some people don’t know that Tesla already has a factory in… Continue reading Tesla to shut down final assembly plant in Tilburg following Model S/X refresh
General Motors was ‘un-Australian’ and treated dealers with disrespect when Holden closed
A Senate committee has called on Australia’s competition watchdog to fast-track its investigation into General Motors’ decision to kill off the iconic Holden brand and its “disappointing” treatment of local car dealers. The committee report, released on Thursday evening, follows a year-long inquiry into the circumstances surrounding the February 2020 decision to end the Holden… Continue reading General Motors was ‘un-Australian’ and treated dealers with disrespect when Holden closed
Renault sees its electric, hybrid car sales doubling in 2021: sources
By Gilles Guillaume 3 Min Read PARIS (Reuters) – France’s Renault expects its sales of electric and hybrid cars to more than double to 350,000 in 2021, two sources close to the company said, as automakers battle to get ahead in cleaner driving. FILE PHOTO: A logo of Renault carmaker is pictured at a dealership… Continue reading Renault sees its electric, hybrid car sales doubling in 2021: sources
Nikola, Lordstown shares drop in latest sign of turbulence for EV sector
By Reuters Staff 2 Min Read FILE PHOTO: U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca (Reuters) – Shares of Nikola Corp, hit by a key investor cutting its stake,… Continue reading Nikola, Lordstown shares drop in latest sign of turbulence for EV sector
EV frenzy over Volkswagen shares draws regulator’s attention
By Danilo Masoni 2 Min Read (Reuters) – An outsized rally in Volkswagen shares has drawn the attention of Germany’s top market watchdog as heavy volume trading spurred by the carmaker’ electric vehicle ambitions set the stock for one of its best weeks ever. Slideshow ( 2 images ) Shares in Volkswagen rose as much… Continue reading EV frenzy over Volkswagen shares draws regulator’s attention
German Handelsblatt: Finanzaufsicht: Plus 50 percent in a few days: Bafin examines the price rally of the VW share001648
Bafin The financial supervisory authority routinely looks at the price rally, according to the Bafin. (Photo: Bloomberg) The latest price rally at Volkswagen calls the financial regulator on the plan. The Bafin routinely watch the movements, said a spokeswoman on Thursday. The papers of the Wolfsburg-based group had attracted attention in the past few days… Continue reading German Handelsblatt: Finanzaufsicht: Plus 50 percent in a few days: Bafin examines the price rally of the VW share001648
Why Japan’s carmaking heavyweights could be facing an electric shock
Japan’s traditional carmaking giants need to raise their game in the race to develop pure, battery-driven electric vehicles or risk being left behind by Chinese, American and European producers, analysts have warned. Despite dominating car production in Asia for decades, Japan’s big players have been slow to fully develop the battery-only technology that is now… Continue reading Why Japan’s carmaking heavyweights could be facing an electric shock