A new report states that Tesla is selling electric car credits to Volkswagen in China, as the latter hasn’t managed to catch up to the zero-emission mandate yet. In 2018, China implemented a zero-emission mandate to force automakers to build more electric vehicles in the country. By the end of last year, automakers had to… Continue reading Tesla is selling electric car credits to Volkswagen in China
Tag: Tesla
Volkswagen pulls name-change stunt after it backfires on social media
WASHINGTON (Reuters) -Volkswagen AG’s U.S. unit apologized on Wednesday after a false statement it issued about a name change was widely slammed on social media. FILE PHOTO: A Volkswagen logo is show with an American flag at a car dealership in Carlsbad, California, U.S., September 23, 2020. REUTERS/Mike Blake/File Photo The company acknowledged that the… Continue reading Volkswagen pulls name-change stunt after it backfires on social media
Exclusive: Volkswagen to buy credits from Tesla in China to comply with environmental rules – sources
By Yilei Sun, Tony Munroe 3 Min Read BEIJING (Reuters) – A Volkswagen joint venture in China has agreed to buy green car credits from Tesla to help meet local environmental rules, three people briefed on the matter told Reuters. FILE PHOTO: Volkswagen’s new electric car ID.4 SUV is pictured during its handover by the… Continue reading Exclusive: Volkswagen to buy credits from Tesla in China to comply with environmental rules – sources
U.S. ITC says SK Innovation didn’t infringe on LG Energy Solution patents
By Reuters Staff 1 Min Read FILE PHOTO: The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – The U.S. International Trade Commission (ITC) said on Wednesday South Korean battery company SK Innovation Co Ltd did not violate rival LG… Continue reading U.S. ITC says SK Innovation didn’t infringe on LG Energy Solution patents
Tesla is going to hire over 10,000 people at Gigafactory Texas over next year, launches student worker effort
Tesla is going to hire over 10,000 employees at Gigafactory Texas over the next year. CEO Elon Musk has gotten involved in the recruiting effort, and Tesla has launched an initiative to try to hire student workers. As Electrek reported earlier this week, Tesla is starting a hiring spree at Gigafactory Texas with many new… Continue reading Tesla is going to hire over 10,000 people at Gigafactory Texas over next year, launches student worker effort
Tesla (TSLA) could surprise with strong deliveries in Q1 despite production constraints
Tesla (TSLA) might surprise us with deliveries in the first quarter, despite having run into some issues on the production side. The first quarter is about to end, and Tesla is expected to release its production and delivery results by the end of the week. The market is trying to estimate how many vehicles Tesla… Continue reading Tesla (TSLA) could surprise with strong deliveries in Q1 despite production constraints
Volkswagen apologizes for ‘Voltswagen’ April Fools’ marketing stunt
Volkswagen AG on Wednesday apologized for its announcement that it was renaming its U.S. operations “Voltswagen” — a marketing stunt that fooled some investors, analysts and journalists and sent shares up almost 9% on Tuesday. The German automaker’s stock closed down Wednesday, declining more than 3.6%. VW’s securities had been the hottest auto stock this month… Continue reading Volkswagen apologizes for ‘Voltswagen’ April Fools’ marketing stunt
Biden infrastructure plan proposes spending $174B to boost America’s EV market
President Joe Biden has earmarked $174 billion from his ambitious infrastructure plan to build out domestic supply chains for electric vehicles, noting the imperative for United States automakers to “compete globally” to win a larger share of the EV market. The funds are just one part of Biden’s plan, which calls for an ambitious $2… Continue reading Biden infrastructure plan proposes spending $174B to boost America’s EV market
Tesla Semi production line at new Nevada building is coming up with a goal of 5 electric trucks per week
Tesla is building a new Tesla Semi production line at a new building near its Gigafactory Nevada plant, and it plans to produce five electric trucks per week, according to sources familiar with the matter. Over the last few weeks, we have been trying to gauge the situation regarding Tesla Semi production after some vague… Continue reading Tesla Semi production line at new Nevada building is coming up with a goal of 5 electric trucks per week
Tesla and Toyota rumored to be partnering on electric SUV based on super weak report
Tesla and Toyota are rumored to be partnering on a new electric SUV, but it is based on a report that doesn’t have a lot of credibility. We weren’t planning to share this report, but several other publications are sharing it seriously, so we thought we would cover it with some more context. The report… Continue reading Tesla and Toyota rumored to be partnering on electric SUV based on super weak report