China slashes auto import tariffs in boost to BMW, Tesla

SHANGHAI/BEIJING (Reuters) – China will steeply cut import tariffs for automobiles and car parts, opening up greater access to the world’s largest auto market amid an easing of trade tensions with the United States. FILE PHOTO: Visitors pass by a booth with long wheelbase BMW X1 xDrive25Li displayed during the Auto China 2016 auto show… Continue reading China slashes auto import tariffs in boost to BMW, Tesla

Lyft hires former Tesla Autopilot manager for self-driving car efforts

Sameer Qureshi has left his role as a senior manager of Tesla Autopilot Programs and has joined Lyft, according to his LinkedIn. We first saw the news over on Electrek. Tesla declined to comment, but Lyft confirmed Qureshi joined the team this week. At Lyft, Qureshi is now director of product for autonomous driving, specifically focused… Continue reading Lyft hires former Tesla Autopilot manager for self-driving car efforts

Tesla needs to sell more expensive Model 3s so the company doesn’t ‘die,’ Musk says

Tesla CEO Elon Musk announced the final details of the dual-motor, all-wheel drive version of the Model 3 over the weekend, including a top-of-the-line variant that is more expensive than a base-level Model S or X. While we’ve known for a long time that these were coming, this is the most clarity Tesla’s offered yet… Continue reading Tesla needs to sell more expensive Model 3s so the company doesn’t ‘die,’ Musk says

Geely’s Volvo electric vehicles are using Korean batteries made in China and the competition isn’t happy

China’s protectionist laws are currently being relaxed when it comes to electric vehicles, but there are still some rigorous restrictions. For example, Chinese electric vehicles need to be powered by Chinese batteries. A new report now shows that Geely found a workaround for Volvo’s electric vehicles by using Korean batteries made in China and the competition… Continue reading Geely’s Volvo electric vehicles are using Korean batteries made in China and the competition isn’t happy

Porsche Mission E: 592bhp output confirmed by Webber in new video

Porsche has released the first official drive footage of its upcoming Mission E electric sports car that shows it being driven at pace by Mark Webber around the brand’s Weissach test track. The Formula 1 race winner and 2015 World Endurance Championship champion demonstrates the all-electric car’s agility and traction on the technical layout, with the Porsche employee stating that it’s… Continue reading Porsche Mission E: 592bhp output confirmed by Webber in new video

Tesla releases source code for some of its in-car tech

Reuters/Jason Reed Tesla doesn’t have many fans in the open source crowd. It based its car platforms on open platforms like Linux and BusyBox, but it has gone years without sharing the source code their license (the GPL) requires. The company is finally setting things right, though — more or less, that is. It has… Continue reading Tesla releases source code for some of its in-car tech

Prodrive: how it went from building rally cars to hybrid transit vans

“I’ve always looked at ambulances as heavy, old technology. How do you bring them into the modern era? That’s what we’re working on next.” David Richards, the boss of the Prodrive race team and engineering company he set up in 1984, is nothing if not diverse in his business. While closely associated with high-profile World… Continue reading Prodrive: how it went from building rally cars to hybrid transit vans

UPDATE 1-Mercedes-Benz to make Tesla-rivalling electric compact car

FRANKFURT (Reuters) – Daimler (DAIGn.DE) will invest 500 million euros ($589 million) in Hambach, France, to start producing a small compact electric Mercedes-Benz in addition to its electric cars currently manufactured there for the Smart brand. FILE PHOTO: A Mercedes-Benz Concept EQA is displayed at the Las Vegas Convention Center during the 2018 CES in… Continue reading UPDATE 1-Mercedes-Benz to make Tesla-rivalling electric compact car

High capital requirements for electric car manufacturers: Tesla needs 10 billion by 2020 – says Goldman Sachs

All articles and backgrounds 05/18/2018 High capital requirements for electric car maker Tesla needs $ 10 billion by 2020, says Goldman Sachs AFP Tesla Model 3 in a salesroom Tesla boss Elon Musk wants his company but soon a new organizational structure miss with flatter hierarchies, However, he does not want one thing: to go… Continue reading High capital requirements for electric car manufacturers: Tesla needs 10 billion by 2020 – says Goldman Sachs

Tesla May Require $10B in Funding by 2020, Says Goldman Sachs

For You Live TV Stream Schedule: U.S. TV 21:00 Bloomberg Technology UP NEXT 22:00 Bloomberg Daybreak: Australia 19:20 Kevin R Kelly Kelly & Co, Managing Partner 23:00 Bloomberg Daybreak: Asia 01:00 Bloomberg Markets: Asia 03:00 Bloomberg Technology 04:00 PAID PROGRAMMING 04:30 PAID PROGRAMMING 05:00 Bloomberg Daybreak: Europe 06:30 Bloomberg Markets: European Open 08:00 Bloomberg Surveillance… Continue reading Tesla May Require $10B in Funding by 2020, Says Goldman Sachs