Chinese EV startup Xiaopeng Motors plans to raise $1.6B this year

If you haven’t already picked your bracket-leading Chinese-backed electric vehicle startup that plans to challenge Tesla, you’ve got your work cut out for you. This list keeps growing. If you haven’t included Xiaopeng Motors (A.K.A. Xpeng Motors) to your short list, the up-and-comer has 1.6 billion reasons you should. XPeng, which is backed by Internet… Continue reading Chinese EV startup Xiaopeng Motors plans to raise $1.6B this year

SF Motors set sights on EV mass production with latest R&D testing facility

By Christian Prenzler Posted on April 25, 2018 Santa Clara based electric vehicle startup SF Motors is opening up a new full-scale R&D center in Silicon Valley. SF Motors was founded in January 2016 after a large investment from Sokon Motors, a large Chinese automotive company. The company’s new 130,000 sqft research and development facility… Continue reading SF Motors set sights on EV mass production with latest R&D testing facility

Semi-trailer: Peterbilt wants to build electric trucks

Peterbilt is the next manufacturer to build an all-electric truck to take on the Tesla Semi. Other companies in the industry like Daimler also work on electric trucks. May 3, 2018, 9:33 am, Andreas Donath Classic Peterbilt truck (Photo: Peterbilt) Tesla seems to have brought the industry with its announced electric trucks properly launched, especially… Continue reading Semi-trailer: Peterbilt wants to build electric trucks

Tesla stock goes through twists and turns as analysts focus on Model 3 car outlook

Tesla CEO Elon Musk presides over the handover of the first Model 3 cars in August 2017. (Tesla via YouTube) Tesla’s share price took a weird turn today after the company reported its first-quarter financial results and billionaire CEO Elon Musk dissed analysts’ concerns about the Tesla Model 3 mass-market electric car. The raw numbers… Continue reading Tesla stock goes through twists and turns as analysts focus on Model 3 car outlook

Ford adds 26K vans to recall list for fire risk

Share This Story! Let friends in your social network know what you are reading about Ford adds 26K vans to recall list for fire risk Ford is adding Transit vans to a full-size van recall to fix wiring problems that could cause fires Post to Facebook Sent! A link has been sent to your friend’s… Continue reading Ford adds 26K vans to recall list for fire risk

Elon Musk offers more detail about Tesla’s ridesharing network

On Tesla’s Q1 2018 earnings call today, Tesla CEO Elon Musk shed some light on the company’s ambitions to launch an autonomous vehicle ridesharing network. The short answer is that, from a technical standpoint, Tesla will be ready by the end of next year, Musk said. It’s not yet clear, however, when Tesla would actually… Continue reading Elon Musk offers more detail about Tesla’s ridesharing network

Elon Musk says Tesla Model Y will be a ‘manufacturing revolution’

Elon Musk said that Tesla’s forthcoming electric crossover vehicle, the Model Y, will be a “manufacturing revolution,” even though the automaker is still struggling to get its mass-market Model 3 out of the door and into customers’ driveways. In an earnings call Wednesday, Musk said that Tesla has yet to spend any capital expenditures on… Continue reading Elon Musk says Tesla Model Y will be a ‘manufacturing revolution’

Tesla sued for $2B over semi-truck patents

Rex Crum, The Mercury News Published 4:04 p.m. ET May 2, 2018 Tesla Semi (Photo: Tesla) There’s never any shortage of drama with Tesla. If it’s not concerns over the production levels of its Model 3 sedan, it’s controversy over the possible role of Tesla technology in a fatal car crash. If it’s not one… Continue reading Tesla sued for $2B over semi-truck patents

Tesla: Model 3 production could hit 5,000 per week in two months

Engadget One of the major stories about Tesla’s car business has been its struggle to build sufficient quantities of its Model 3 electric car. In a just-released earnings report the company said that prior to its most recent shutdown, it had managed to build over 2,000 cars per week for three weeks in a row… Continue reading Tesla: Model 3 production could hit 5,000 per week in two months

Tesla posts quarterly loss, Model 3 production on track

(Reuters) – Tesla Inc (TSLA.O) on Wednesday posted its worst ever quarterly loss and said its Model 3 production target remains on track, expecting about 5,000 per week in about two months. A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show in Beijing, China April 25,… Continue reading Tesla posts quarterly loss, Model 3 production on track