Top Automotive Industry News for Week of March 22 – March 28, 2021

Here is the most important news associated with the automotive industry identified by the AEA for the week of March 22, 2021 – March 28, 2021. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Executives Association (AEA) News- The AEA is excited to open our unique… Continue reading Top Automotive Industry News for Week of March 22 – March 28, 2021

Tesla files a petition against U.S. labor board order

By Reuters Staff 2 Min Read FILE PHOTO: A Tesla service center is shown in Costa Mesa, California, U.S., March 18, 2020. REUTERS/Mike Blake (Reuters) – Tesla Inc has filed an appeal on a U.S. National Labor Relations Board ruling that the electric-car maker had violated U.S. labor law, and on the agency’s order that… Continue reading Tesla files a petition against U.S. labor board order

Meet the Briton leading a Tesla rival who wants to save the planet

The Lucid Motors boss Peter Rawlinson is fluent in the language of the new breed of electric carmaker: he wants to save the planet and he wants to do it fast. The California carmaker is only starting production of its hotly anticipated first model in the second half of this year but it has quickly… Continue reading Meet the Briton leading a Tesla rival who wants to save the planet

Cadillac Lyriq prototype begins road testing

An executive for Cadillac revealed the image today, announcing that prototype versions of the Lyriq had begun hitting roads. The Lyriq will be the first all-electric SUV to debut for the Cadillac brand, and these prototypes are one step closer to its full production next year. At a digital event last year, Cadillac first pulled… Continue reading Cadillac Lyriq prototype begins road testing

Tesla releases Q1 2021 delivery results: massive new record of 185,000 cars

Tesla has released today its Q1 2021 delivery and production results, and as expected, the automaker has achieved record deliveries for a first quarter, but it also went way beyond that. Tesla Q1 2021 expectations As we discussed earlier this week, Tesla was coming off of an overall delivery record last quarter, but the automaker… Continue reading Tesla releases Q1 2021 delivery results: massive new record of 185,000 cars

Tesla 1Q sales of 185K more than double last year’s numbers

Detroit — Tesla says it delivered nearly 185,000 electric vehicles in the first quarter despite a shortage of computer chips that has hit the global auto industry. The number was more than double the deliveries for the same period last year. And it beat Wall Street estimates of 168,000 for January through March. The company… Continue reading Tesla 1Q sales of 185K more than double last year’s numbers

VW China venture buys green credits from Tesla to meet local rules

A Volkswagen joint venture in China is buying green car credits from Tesla to help stay within local environmental rules, according to a Reuters report. The deal, the first of its kind to be reported between the two companies in China, highlights the scale of the task VW faces to transform its huge petrol carmaking… Continue reading VW China venture buys green credits from Tesla to meet local rules

China Tech Digest: ByteDance’s Valuation Closes To $400bn; Volkswagen May Buy Carbon Credits

London, United Kingdom – October 05, 2018: Close-up shot of musical.ly Inc.’s popular app TikTok – including musical.ly. ByteDance’s valuation is reported to be close to US$400 billion Several people familiar with the matter said today that for private equity investors, the valuation of ByteDance, the parent company of Douyin, is approaching US$400 billion. If… Continue reading China Tech Digest: ByteDance’s Valuation Closes To $400bn; Volkswagen May Buy Carbon Credits

Tesla Model 3 becomes more popular as NYC yellow cab

The Tesla Model 3 is becoming more popular as a yellow cab in New York City as more people adopt the electric car after doing the math. In October 2019, Electrek was first to report that the New York City Taxi and Limousine Commission (TLC), which oversees the city’s fleet of yellow cabs, has approved the Tesla… Continue reading Tesla Model 3 becomes more popular as NYC yellow cab

Biden aims to juice EV sales, but would his plan work?

David Kirsch, a professor of strategy and entrepreneurship at the University of Maryland, said the Biden plan isn’t really a tipping point that will turn consumers from combustion to electric vehicles. DETROIT: Dangling tax credits and rebates in his drive to fight climate change, President Joe Biden wants you to trade your gas-burning car, truck… Continue reading Biden aims to juice EV sales, but would his plan work?