Apple shares rise on car rollout plan, battery ambitions

By Munsif Vengattil 2 Min Read (Reuters) -Shares of Apple Inc jumped nearly 5% on Tuesday, a day after Reuters exclusively reported that the iPhone maker is aiming to produce a passenger vehicle by 2024 with its own battery technology. FILE PHOTO: U.S. dollar banknotes are seen in front of the Apple logo in this… Continue reading Apple shares rise on car rollout plan, battery ambitions

Apple car targeting 2024 production with self-driving ability

Apple is reportedly planning to launch its first passenger car in 2024, using its own battery technology to “radically” reduce the price of EV batteries. According to the Reuters news agency, the American technology giant has renewed its automotive efforts, known internally as Project Titan, which have been in development since at least 2014.  The vehicle will… Continue reading Apple car targeting 2024 production with self-driving ability

German Handelsblatt: Plans for the “Apple Car”: Ex-Opel boss Neumann: “The suppliers are already super annoyed by Apple” 001024

Karl-Thomas Neumann According to the ex-Opel boss, the rumors about Apple’s entry into the auto business make perfect sense. (Photo: Canoo) Düsseldorf For years, the US technology group Apple has been working on plans to enter the automotive market. After the “Project Titan” stalled for a long time, there are now reports that the Californian… Continue reading German Handelsblatt: Plans for the “Apple Car”: Ex-Opel boss Neumann: “The suppliers are already super annoyed by Apple” 001024

Elon Musk says Tesla will release its ‘full self-driving’ feature as a subscription in early 2021 (TSLA)

Tesla will release its “full self-driving” driver-assistance system as a subscription service in early 2021, CEO Elon Musk tweeted Sunday.  The carmaker released a beta version of the software to some Tesla owners in October.  The “full self-driving” system, which does not give cars full autonomy, is currently a $10,000 add-on.  Visit Business Insider’s homepage… Continue reading Elon Musk says Tesla will release its ‘full self-driving’ feature as a subscription in early 2021 (TSLA)

Tesla’s Elon Musk asks about converting ‘large transactions’ to bitcoin

By Suzanne Barlyn 2 Min Read (Reuters) – Elon Musk on Sunday asked about the possibility of converting “large transactions” of Tesla Inc’s balance sheet into bitcoin, according to a Twitter exchange between Musk and a well-known advocate for the digital currency. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk looks on after arriving… Continue reading Tesla’s Elon Musk asks about converting ‘large transactions’ to bitcoin

German Manager Magazin: Elon Musk: How the Speed ​​King from Tesla works – an inside report000420

It is a day in July 2013 when Ferdinand Piëch for the first time Tesla moves. Piëch, at that time something like the king of the car world, has the Biedermann brand Audi on a par with Mercedes and BMW upscale, and as CEO and Chairman of the Supervisory Board Volkswagen formed into the largest… Continue reading German Manager Magazin: Elon Musk: How the Speed ​​King from Tesla works – an inside report000420

German Handelsblatt: New software unit: BMW wants to compete with Tesla and Google with a new operating system001000

BMW iX With the model, BMW wants to introduce its new operating concept, which works almost exclusively via screens and voice control. (Photo: BMW) Munich The car manufacturer BMW is working flat out on a new operating system for its vehicles. The new system, which is intended to replace the OS7 version, will be used… Continue reading German Handelsblatt: New software unit: BMW wants to compete with Tesla and Google with a new operating system001000

LG Energy Solution Supplies High-Capacity Batteries to an American Electric Bus Manufacturer Proterra

LG Energy Solution’s high-capacity batteries were supplied to Proterra for its electric bus “ZX5”. The battery has twice more energy compared to LFP batteries of CATL and BYD based in China. With the recent supply, LG Energy Solution and Proterra have solidified their strategic relationship.According to the industry on Tuesday, LG Energy Solution recently supplied… Continue reading LG Energy Solution Supplies High-Capacity Batteries to an American Electric Bus Manufacturer Proterra

Cadillac Blackwing sedans to be GM’s first production cars with printed parts

3D printing applications have become commonplace in consumer products to include sneakers, jewelry and Ikea clothing hooks.  Add Detroit auto manufacturing to the list. General Motors Co. has established a 3D printing center at its Warren Tech Center called the Additive Industrialization Center. With 24 3D printers, the 15,000-square-foot facility is the hub of GM’s acceleration of… Continue reading Cadillac Blackwing sedans to be GM’s first production cars with printed parts

UPDATE 1-Volkswagen shares gain as power struggle ends – for now

By Reuters Staff 2 Min Read * Shares up as much as 5.2% * VW CEO Diess gets unanimous support from supervisory board * No early contract extension for CEO (Recasts, adds details, updates shares) HAMBURG, Dec 15 (Reuters) – Shares in Volkswagen rose as much as 5.2% on Tuesday after the carmaker temporarily defused… Continue reading UPDATE 1-Volkswagen shares gain as power struggle ends – for now