Tag: Tesla

NHTSA determines sudden acceleration complaints in Tesla vehicles were due to driver error

The U.S. Department of Transportation’s National Highway Traffic Safety Administration has determined the reports of sudden unintended acceleration (SUA) involving four different Tesla models were due to user error. The NHTSA first began investigating the claims last January, shortly after Brian Sparks requested the agency recall all Model S, Model X and Model 3 vehicles… Continue reading NHTSA determines sudden acceleration complaints in Tesla vehicles were due to driver error

Daimler’s Mercedes-Benz triples its electric car sales as CEO predicts a ‘transformative’ decade

Sebastian Gollnow | picture alliance | Getty Images The CEO of Daimler emphasized the importance of low-emission technologies and innovation on Friday, telling CNBC that the automotive industry was “in the middle of a transformation.” “Next to the things that we know well — to build, frankly, the world’s most desirable cars — there are… Continue reading Daimler’s Mercedes-Benz triples its electric car sales as CEO predicts a ‘transformative’ decade

Chinese search firm Baidu to create an electric vehicle company as tech giants jump into auto space

GUANGZHOU, China — Chinese search giant Baidu will create a standalone electric vehicle company, a person familiar with the matter told CNBC. The Beijing-headquartered company will be the majority shareholder while Chinese automaker Geely will take a minority stake, the person said. Geely will be responsible for manufacturing the vehicles while Baidu will focus on… Continue reading Chinese search firm Baidu to create an electric vehicle company as tech giants jump into auto space

German Manager Magazin: Hyundai share rises sharply – Alleged discussions with Apple about e-car partnership but possibly price maintenance PR000458

The US technology company Applecould partner with the South Korean automaker Hyundai in the development and construction of a self-driving one Electric cars and choose from batteries for such vehicles. Talks about a cooperation are at an early stage and nothing has yet been decided, the South Korean company initially announced to the Bloomberg news… Continue reading German Manager Magazin: Hyundai share rises sharply – Alleged discussions with Apple about e-car partnership but possibly price maintenance PR000458

German Manager Magazin: Tesla at record high: Will Elon Musk now buy BMW or Daimler? 000459

The price of Tesla’s stock market valuation increased sevenfold in the last year and is currently around 700 billion US dollars (570 billion euros). The German car company VW (79 billion euros), Daimler (61 billion euros) and BMW (46 billion euros) come together to around 186 billion euros. Long before Tesla’s course exploded, there was… Continue reading German Manager Magazin: Tesla at record high: Will Elon Musk now buy BMW or Daimler? 000459

German Manager Magazin: New car registrations: Electric cars are growing strongly, but the German car market will shrink by 19 percent in 2020

In 2020, fewer new cars were registered nationwide than in ten years. With 2.92 million new registrations, the German fell Car market in the Corona crisis by a good 19 percent, as shown by figures from the Federal Motor Transport Authority. At the end of the year, sales were stronger than expected and so mitigated… Continue reading German Manager Magazin: New car registrations: Electric cars are growing strongly, but the German car market will shrink by 19 percent in 2020

Apple Is Trying to Find a Manufacturer For Its Self-Driving Car

Apple x Hyundai South Korean automaker Hyundai Motors is in early stage talks with tech titan Apple to develop an electric car, CNBC reports. Shares of the manufacturer surged by 19 percent following the news. Hyundai isn’t the only carmaker in talks with Apple. “We understand that Apple is in discussion with a variety of… Continue reading Apple Is Trying to Find a Manufacturer For Its Self-Driving Car

Tesla’s Chinese rivals strike back with new models

HONG KONG — Upstart Chinese challengers to Elon Musk’s Tesla are raising the stakes in the race to carve up the world’s largest electric vehicle market with plans to launch new models for the year ahead. Nio, the U.S.-listed carmaker whose market value rose more than 12-fold during 2020, will launch its first flagship sedan… Continue reading Tesla’s Chinese rivals strike back with new models

Tesla has decided to sell the cheaper Model Y standard range after all

Tesla has started taking orders for a cheaper standard range version of the Model Y in an apparent reversal by CEO Elon Musk who earlier this year seemed to put plans to release the vehicle on hold.  Electrek was the first to report that Tesla had updated its website to include the Model Y standard… Continue reading Tesla has decided to sell the cheaper Model Y standard range after all