Following in the footsteps of domestic peer Nio Inc – ADR (NYSE: NIO), another Chinese electric vehicle maker is planning to test the IPO waters in the U.S. Nio, which went public in September 2018, rallied to a record high last week. Li Auto Nasdaq-Bound: Li Auto has filed a preliminary prospectus with the SEC for listing its… Continue reading Chinese EV Manufacturer Li Auto Files For Nasdaq Listing
Tag: Tesla
@niche: Mullen Technologies Executes LOI for $135 Million in Funding to Acquire an Existing Electric Vehicle Manufacturing Plant in the US
Monday, July 13, 2020 9:00 AM Extends exclusivity period for pending merger with Net Element until August 10, 2020 BREA, CA / ACCESSWIRE / July 13, 2020 / Mullen Technologies Inc. (“Mullen Technologies” or the “Company”), a Southern California based licensed electric vehicle manufacturer with international distribution that operates in various verticals of businesses focusing in the… Continue reading @niche: Mullen Technologies Executes LOI for $135 Million in Funding to Acquire an Existing Electric Vehicle Manufacturing Plant in the US
@niche: Workhorse Gets Jolt For Zero-Emissions Electric Vans
Workhorse Group Inc (NASDAQ: WKHS) can sell its zero-emission C-Series electric delivery vans in all 50 states after a California ruling buttressed a federal finding in the company’s favor. Now, Workhorse just has to build the vans. The Cincinnati-based manufacturer is building a couple of trucks a day at its Union City, Indiana plant. The goal… Continue reading @niche: Workhorse Gets Jolt For Zero-Emissions Electric Vans
Tesla former VP of quality explains why 1st batch of Teslas might not be ones to get
Tesla’s former VP of quality explained the automaker’s unusual approach to testing vehicles in a news article that shows why you should maybe not buy the first batch of new Tesla vehicles. In the auto industry, Tesla is known for being an outlier in many aspects. It’s development work and testing is definitely one of… Continue reading Tesla former VP of quality explains why 1st batch of Teslas might not be ones to get
Tesla’s Elon Musk nears $2.4 billion haul as stock keeps soaring
Anders Melin, Bloomberg Published 1:42 p.m. ET July 13, 2020 | Updated 1:46 p.m. ET July 13, 2020 It was sold as an all-or-nothing moonshot into space, the boldest pay package in corporate history. Now, with Tesla Inc.’s stock on a seemingly unstoppable rise, Elon Musk is poised to collect the second tranche of his… Continue reading Tesla’s Elon Musk nears $2.4 billion haul as stock keeps soaring
Tesla Cancels Sub $40,000 Standard Range Tesla Model Y
When Tesla announced the Model Y, it was expected that the car would be available in several versions, including the entry-level Rear-Wheel Drive and Standard Range (just at a later point than the all-wheel-drive Long Range versions). All the versions (LR AWD Performance, LR AWD, LR RWD and SR RWD) were initially available in the online… Continue reading Tesla Cancels Sub $40,000 Standard Range Tesla Model Y
Toyota sources crucial steel product from China’s Baowu
TOKYO — Toyota Motor will procure some of its electrical steel sheet from China Baowu Steel Group, China’s largest steel supplier, in a move that could presage an era in which Japanese steel-makers will have to compete on price as well as quality, Nikkei has learned. Steel sheet is a high-performance product and a crucial… Continue reading Toyota sources crucial steel product from China’s Baowu
Electric car maker Fisker to go public through SPAC deal at $2.9 billion valuation
(Reuters) – Electric car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management Inc at a valuation of $2.9 billion, the companies said on Monday. FILE PHOTO: Fisker logo is seen on a Fisker Karma car at the “Auto 2016″car show in Riga,… Continue reading Electric car maker Fisker to go public through SPAC deal at $2.9 billion valuation
@Hyundai: Hyundai/Kia’s EV Heat Pumps a Benchmark for Other Brands
You have surely once felt that your smartphone batteries run out faster during winter. This is not just a feeling; scientifically, low temperature increases the lithium-ion battery’s internal resistance, effectively reducing its energy efficiency. The same principle applies to electric car batteries. Come winter, the EV range (distance traveled by car on a single charge)… Continue reading @Hyundai: Hyundai/Kia’s EV Heat Pumps a Benchmark for Other Brands
Tesla cancels cheapest Model Y, Elon Musk says range would be too low
Tesla is canceling the cheapest version of Model Y as Elon Musk says the range would have been too low, but the automaker is still planning a lower price version “in a few months.” Over the years, Tesla has been known to often change its vehicle configuration throughout its vehicle lineup. The automaker went from… Continue reading Tesla cancels cheapest Model Y, Elon Musk says range would be too low