Tesla releases new update for vehicles with its new ‘Tesla Vision’ system to restore Autopilot features

Tesla has started pushing a new software update for Model 3 and Model Y vehicles equipped with its new “Tesla Vision” computer vision system in order to restore some Autopilot functionality. Last month, Tesla announced the transition to its “Tesla Vision” Autopilot without radar, and it warned that it would result in limitations of some Autopilot features… Continue reading Tesla releases new update for vehicles with its new ‘Tesla Vision’ system to restore Autopilot features

Bollinger Motors debuts 2022 electric work trucks – The Detroit News

Electric auto startup Bollinger Motors’s B1 SUV and B2 pickup are among the highly-anticipated crop of electric pickups scheduled to come to market in the next year. The pricey, $125,000 vehicles promise unique hauling capabilities as well as competitive towing and horsepower numbers compared to traditional petrol-powered trucks. But Bollinger also needs to put food on… Continue reading Bollinger Motors debuts 2022 electric work trucks – The Detroit News

Tesla signs new battery cell agreement with CATL in race to secure large battery supply

Tesla has signed a new long-term battery cell agreement with CATL, China’s biggest battery manufacturer, amid the race to secure a large battery supply in the auto industry. The electric vehicle revolution is in need of an insane amount of batteries in order to keep growing at a high pace. New production capacity is being… Continue reading Tesla signs new battery cell agreement with CATL in race to secure large battery supply

Tesla dealt big blow as almost all cars in China need safety fix

This content is only available to subscribers. $1 for 6 Months. Save 98%. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that interest you… Continue reading Tesla dealt big blow as almost all cars in China need safety fix

Chinese EV battery maker CATL extends deal with Tesla

BEIJING, June 28 (Reuters) – Chinese electric vehicle battery maker CATL (300750.SZ) said on Monday it has extended a battery supply deal with U.S. EV maker Tesla Inc (TSLA.O) to 2025. Ningde-based CATL said in a stock exchange filing that it would supply battery cells to Tesla, which is making Model 3 sedans and Model… Continue reading Chinese EV battery maker CATL extends deal with Tesla

Tesla’s recall of 285,000 cars in China is a ‘black-eye moment’ for the EV maker — but that won’t derail its strong prospects, Wedbush says

Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai. Reuters Tesla’s recall of most of its cars delivered in China won’t derail its growth prospects, according to Wedbush. Analyst Dan Ives said the incident is a clear “black-eye moment” for Tesla, already having reputational issues in… Continue reading Tesla’s recall of 285,000 cars in China is a ‘black-eye moment’ for the EV maker — but that won’t derail its strong prospects, Wedbush says

Tesla is recalling around 285,000 vehicles in China because drivers are switching on its Autopilot feature by accident. It plans to update the software remotely.

Tesla will update software on about 285,000 vehicles in China, a state regulator said on Saturday.  Autopilot software will be updated on some Model 3 and Y vehicles, Reuters reported. Drivers “easily activate the cruise control function by mistake,” the regulator said, AFP reported. See more stories on Insider’s business page. About 285,000 Tesla vehicles… Continue reading Tesla is recalling around 285,000 vehicles in China because drivers are switching on its Autopilot feature by accident. It plans to update the software remotely.

Panasonic unloads entire Tesla stake

OSAKA — Panasonic sold its entire stake in key battery customer Tesla — a holding worth around 400 billion yen ($3.6 billion) — last fiscal year, Nikkei learned Friday. The move gives the Japanese company billions of dollars to fund new strategic investments, such as the $7.1 billion purchase of U.S. software company Blue Yonder.… Continue reading Panasonic unloads entire Tesla stake

Tesla battery supplier Panasonic sold its entire TSLA stake for an insane profit

Panasonic, Tesla’s main battery supplier, confirmed that it sold its entire stake in the electric automaker, and it claims that it won’t change its relationship. Believe it or not, there was a time when Tesla had issues convincing battery suppliers to sell them cells. No one had put cylindrical li-ion battery cells in an electric… Continue reading Tesla battery supplier Panasonic sold its entire TSLA stake for an insane profit

Panasonic sells Tesla stake for $3.6 billion

A logo of Panasonic Corp is pictured at the Combined Exhibition of Advanced Technologies at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai/File Photo Panasonic wants to reduce reliance on Tesla Panasonic seeks to raise cash for investing in growth Sale will not change relationship – Panasonic spokesperson TOKYO, June 25 (Reuters)… Continue reading Panasonic sells Tesla stake for $3.6 billion