Tag: Tesla

Indian ride-hailing firm Ola plans IPO in H1 2022, readies superapp

Indian ride-hailing company Ola plans to go public in the first half of 2022, Chief Executive Officer Bhavish Aggarwal said on Thursday, undeterred by the recent volatility and lackluster listing of some start-ups in the country. Ola, backed by Japan’s SoftBank Group, is also gearing up to create something of a “super app” with plans… Continue reading Indian ride-hailing firm Ola plans IPO in H1 2022, readies superapp

Autos & TransportationGM boosts profit outlook as supply chain troubles easeDecember 1, 2021

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook Register now for FREE unlimited access to reuters.com Register DETROIT, Dec 1 (Reuters) – General Motors Co (GM.N) expects full year adjusted pre-tax profits will reach about $14 billion, higher than the… Continue reading Autos & TransportationGM boosts profit outlook as supply chain troubles easeDecember 1, 2021

Autos & TransportationSan Francisco agency opposes Cruise robotaxi application, citing safetyDecember 1, 2021

A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018. Picture taken on September 26, 2018. REUTERS/Heather Somerville Register now for FREE unlimited access to reuters.com Register Dec 1 (Reuters) – San… Continue reading Autos & TransportationSan Francisco agency opposes Cruise robotaxi application, citing safetyDecember 1, 2021

Full Self-Driving Diary: A longtime Tesla driver’s perspective on FSD beta

After a month of safe and cautious driving, I finally achieved a Safety Score of 99 last week, and shortly thereafter, I was granted access to the Full Self-Driving Beta for my 2021 Model Y. The experience with the FSD Beta over the last seven days has made a few things clear: it’s very much… Continue reading Full Self-Driving Diary: A longtime Tesla driver’s perspective on FSD beta

General Motors announces it will build a new cathode plant in North America

General Motors announced that it will construct a new cathode factory in North America for its electric vehicle batteries. The factory, which will be built under a joint venture with South Korea’s Posco Chemical, will process cathode active material (CAM), which represents about 40 percent of the cost of an EV battery cell. Much like… Continue reading General Motors announces it will build a new cathode plant in North America

Stellantis CEO says EV cost burden is ‘beyond the limits’ for automakers

Stellantis NV Chief Executive Carlos Tavares Stellantis NV Chief Executive Carlos Tavares said external pressure on automakers to accelerate the shift to electric vehicles potentially threatens jobs and vehicle quality as producers struggle to manage the higher costs of building EVs. Governments and investors want car manufacturers to speed up the transition to electric vehicles,… Continue reading Stellantis CEO says EV cost burden is ‘beyond the limits’ for automakers

Kia America Beats Annual Sales Record With One Month Left In 2021 Calendar

“Breaking the all-time annual sales record with one month left in the sales cycle is concrete proof that demand for Kia vehicles is on the rise and has been throughout the year,” said Eric Watson, vice president, sales operations, Kia America. “With the all-new Kia EV6 arriving soon and the Sportage, including hybrid and plug-in hybrid… Continue reading Kia America Beats Annual Sales Record With One Month Left In 2021 Calendar

Lancia CEO outlines Europe expansion plans – Automotive News Europe

Napolitano wants to attract a different kind of buyer for Lancia. Currently, two thirds of buyers are women, with an average age of 45 and with no children in their household. He sees future models as drawing buyers with an average age of 55, but with at least one child still at home, and evenly… Continue reading Lancia CEO outlines Europe expansion plans – Automotive News Europe