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Tag: Tesla
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Chinese President Xi Jinping reviews an honor guard during a welcome ceremony at the Great Hall of the People in Beijing. (Photo: Mark Schiefelbein, AP) BEIJING – President Xi Jinping promised Tuesday to cut China’s auto tariffs and improve intellectual property protection in possible concessions aimed at defusing a worsening dispute with Washington over trade… Continue reading China’s President Xi Jinping offers U.S. possible trade concessions
Alibaba-backed Electric Vehicle Maker Xiaopeng Plans $2.7B Funding For Expansion
Alibaba-backed Chinese electric vehicle maker Xiaopeng Motors plans to raise RMB17 billion (US$2.7 billion) this year to expand its business, its CEO He Xiaopeng said in an interview at the Boao Forum in China. The news came two months after the firm raised RMB2.2 billion (US$348 million) in a series B round led by Alibaba… Continue reading Alibaba-backed Electric Vehicle Maker Xiaopeng Plans $2.7B Funding For Expansion
China: Alibaba-backed Xiaopeng Motors to raise $2.7b this year
April 10, 2018 Xiaopeng Motors, which counts Alibaba Group Holding Ltd. and Foxconn Technology Group among its investors, plans to raise 17 billion yuan ($2.7 billion) in funds this year as the Chinese car startup seeks to take on rivals in the world’s biggest market for electric vehicles. The company plans to start pre-sales of… Continue reading China: Alibaba-backed Xiaopeng Motors to raise $2.7b this year
Tesla Model 3 Dual-Motor Coming In “Probably July” 2018
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More on this:1 Tesla Model 3 Is the Best Selling Electrified Car in the U.S.2 Tesla Is Very Likely to Miss Its Model 3 Production Target for the End of Q13 Tesla Model 3 Vs. Chevrolet Bolt Drag Race Is Here to End Discussions4 Not All Tesla Model 3 Owners Are Happy with Their Cars on Closer Inspection5 Ford's Innovation Center in Dearborn Is Busy “Innovating” a Tesla Model 3
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Tesla Model 3 Dual-Motor Coming In “Probably July” 2018
8 Apr 2018, 14:37 UTC · by Mircea Panait
/ Home / News / Car Profile
When asked about Tesla Model 3 Dual-Motor availability, Elon Musk replied on Twitter to a fellow user that “probably July” is when the all-wheel-drive option will be added to the automaker’s configurator. That’s the seventh month of 2018, which is later than the initial announcement of “Spring 2018” for the Dual-Motor.
16 photosDespite this information, Tesla has registered the first VINs for the dual-motor configuration in January 2018. In all likelihood, the Palo Alto-based automaker is getting its act together in terms of production difficulties, namely production output.
According to Elon Musk, the company needs to achieve 5,000 units per week “before adding complexity that would inhibit production ramp.” In other words, a lot of people are still waiting for their Model 3s, and shareholders aren’t happy with Tesla’s overpromising but underperforming nature. Something has to give, right?
On the flip side, the Model 3 is the best-selling electrified car in the United States of America in the first three months of the year. An estimated 8,180 examples were delivered in this quarter, which is more than the Toyota Prius Prime (6,468) and Chevrolet Bolt (4,375). The second-generation Nissan Leaf compact hatchback is still fighting for a piece of the pie, moving 2,545 units in the three-month period.
The latter half of 2018 will see Tesla start international deliveries of left-hand drive Model 3s. Come 2019, right-hand drive cars will begin rolling off the assembly line for markets that include the United Kingdom, Ireland, Malta, Cyprus, and Australia.
What’s next for Tesla after the Model 3? The Model Y compact-ish crossover holds the greatest promise, scheduled for production in late 2019 for the 2020 model year. Production plans, including the location where the Y will be manufactured, will be revealed no later than October 2018.
An electric pickup truck, semi, and the second-generation Roadster are also in the pipeline, but expect more information on those after Tesla fulfills its promises regarding the Model 3.
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