Cobalt mining is having a disastrous impact on the Democratic Republic of the Congo. Buried Treasure As the demand for gadgets and electric cars grows, so too are the mining operations that dig up cobalt to use in lithium-ion batteries. And that’s become a serious problem for the Democratic Republic of the Congo, The New… Continue reading Electric Car Batteries Are Turning This Country Into an Actual Hellscape
Tag: Tesla
Ford stock was cheaper than a sandwich. Now shareholders are gloating.
Ford is viewed as following Tesla into a focused, all-electric strategy and taking the battery-operated vehicles to a new level. Go to Source
Ford has made more electric Mustangs than gas-powered ones this year, due to the global chip shortage
Production of Ford’s all-electric Mustang Mach-E is outpacing the traditional gas model. The company reported that 27,816 Mach-E’s have been made, compared with 26,089 traditional Mustangs. Production of the gas version was suspended in May due to the worldwide shortage of semiconductors. See more stories on Insider’s business page. More electric Mustangs have been made… Continue reading Ford has made more electric Mustangs than gas-powered ones this year, due to the global chip shortage
Tesla officially applies to build battery cells at Gigafactory Berlin
Tesla has officially applied to manufacture battery cells at Gigafactory Berlin. It’s expected to be among the first locations to produce Tesla’s new 4680 cell. At its “Battery Day” earlier this year, Tesla unveiled its own battery cell, the Tesla 4680, and explained its plan to produce its own battery cells for the first time. Tesla… Continue reading Tesla officially applies to build battery cells at Gigafactory Berlin
UK new car registrations soar 674% as recovery continues in May
Strong business demand helped the UK car market to continue its recovery, with fleet sales accounting for more than half of the 156,737 new cars registered in May – but demand for vehicles was still down compared with the same period in 2019. The 156,737 registrations last month marked a 674.1% rise from last May,… Continue reading UK new car registrations soar 674% as recovery continues in May
Bitcoin slides 8% after Elon Musk hints at a potential split with the popular cryptocurrency in a tweet with a broken-heart emoji
Getty Bitcoin slipped as much as 8% on Friday after Elon Musk signaled a potential breakup with the digital asset by posting a broken-heart emoji and a reference to a popular “Linkin Park” song. The token was just recovering from a broader cryptocurrency crash last month in the wake of increased regulatory scrutiny from China.… Continue reading Bitcoin slides 8% after Elon Musk hints at a potential split with the popular cryptocurrency in a tweet with a broken-heart emoji
Why Tesla has plummeted since the start of the year
Trees don’t rise to the sky, investors who bet on Tesla earlier this year have realized the hard way. The stock market price of the darling of Wall Street in 2020 , which had been multiplied by 8 between March and December, has continued to decline since early 2021. It fell from $ 880 in… Continue reading Why Tesla has plummeted since the start of the year
Tesla’s China orders fall by nearly half in May – report
By Reuters Staff 2 Min Read (Reuters) – Tesla Inc’s vehicle orders in China nearly halved in May from April, against the backdrop of increased government scrutiny on the U.S. electric carmaker, the Information reported on Thursday, citing internal data. FILE PHOTO: A Tesla car pictured at a charging point in Beijing, China, April 13,… Continue reading Tesla’s China orders fall by nearly half in May – report
@niche: Workhorse Posts Best 3-Day Jump Since July on Retail Fandom000925
(Bloomberg) — Troubled electric truck startup Workhorse Group Inc. has become the latest darling of retail traders, who have pushed its share price up 58% in just three trading sessions. The stock soared as much as 59% on Thursday, before closing up 28%, the biggest one-day move since Jan. 26. Workhorse, which is still in… Continue reading @niche: Workhorse Posts Best 3-Day Jump Since July on Retail Fandom000925
Ford CEO says US needs to regulate automated driving systems – Stuff.co.nz
The CEO of America’s second-largest auto company is calling for the federal government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving systems. In urging federal regulation, Ford CEO Jim Farley becomes the highest-profile auto executive to publicly recognise a need to more closely monitor the emerging technology,… Continue reading Ford CEO says US needs to regulate automated driving systems – Stuff.co.nz