By Reuters Staff 2 Min Read FILE PHOTO: Toyota-backed self driving company Pony.ai begins to provide autonomous electric vehicles to deliver packages from local e-commerce platform Yamibuy during the outbreak of the coronavirus disease (COVID-19) in Irvine, California, U.S., April 28, 2020. REUTERS/Mike Blake SHANGHAI (Reuters) – Pony.ai, backed by Toyota Motor Corp, said on… Continue reading Toyota-backed startup Pony.ai raises $267 million in new funding round
Tag: Tesla
Elon Musk’s Tesla tequila will run you $250 a bottle
Teslaquila, the Tesla-branded liquor that co-starred in CEO Elon Musk’s controversial April Fool’s Day joke about the automaker filing for bankruptcy, has arrived. The automaker now lists Tesla Tequila (a bit different from the original Teslaquila branding) on its website. The tequila — described as a “small-batch premium 100% de agave tequila añejo made from… Continue reading Elon Musk’s Tesla tequila will run you $250 a bottle
VW CEO says existential electric race awaits after pandemic
Volkswagen AG Chief Executive Officer Herbert Diess vowed to pursue a sweeping transition to electric cars, declaring it a matter of survival even as the coronavirus risks upending business in the near term. While the world’s largest carmaker has a “healthy order bank,” its development in the coming months hinges on major economies controlling the… Continue reading VW CEO says existential electric race awaits after pandemic
VW braces for EU fine for missing CO2 emissions reduction target – Automotive News Europe
Volkswagen Group expects to be fined by the European Union this year for failing to achieve its CO2-reduction target for its new-car fleet — despite the automaker’s deal to pool emissions with Chinese-owned UK brand MG Motor. “We cannot provide a clear commitment at this point that we will achieve compliance. It will be a… Continue reading VW braces for EU fine for missing CO2 emissions reduction target – Automotive News Europe
Honda joins Fiat in paying Tesla for Europe C02 compliance
Honda Motor Co. joined Fiat Chrysler Automobiles NV in pooling its fleet with Tesla Inc.’s to comply with emissions standards for passenger cars in Europe this year. Honda was newly added as of last week to a European Commission filing in which manufacturers declare their intent to jointly meet greenhouse-gas emissions standards. The Japanese automaker’s… Continue reading Honda joins Fiat in paying Tesla for Europe C02 compliance
Volkswagen to roll out 8 ID. family electric models in China by 2023
By Reuters Staff 1 Min Read FILE PHOTO: Volkswagen logo is seen at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Lucy Nicholson SHANGHAI (Reuters) – Volkswagen AG VOWG_p.DE will roll out eight ID. family electric models in China, the world’s biggest auto market, by 2023, its China chief Stephan Woellenstein… Continue reading Volkswagen to roll out 8 ID. family electric models in China by 2023
German Manager Magazin: Federal Environment Agency imposes a fine of millions on Tesla000289
The US electric car makerTeslashould in Germany Pay a fine of over twelve million euros. According to information from “Welt am Sonntag”, this is evident from the report filed with the US Securities and Exchange Commission for the third quarter of the fiscal year. It says: “The German Federal Environment Agency (UBA) has issued a… Continue reading German Manager Magazin: Federal Environment Agency imposes a fine of millions on Tesla000289
German Manager Magazin: Ford and Volvo agree on CO2 alliance000289
The American automaker ford tries to avoid the impending CO2 penalties in Europe through an alliance with the Swedish competitor Volvo. The companies registered their alliance with the European Union on Thursday. Ford will meet the stricter rules for CO2 emissions that have been in effect since this year together with Volvo, according to company… Continue reading German Manager Magazin: Ford and Volvo agree on CO2 alliance000289
Nidec plans $2bn EV motor factory in Europe for bet beyond China
KYOTO — Japan’s Nidec will spend about 200 billion yen ($1.9 billion) to build an electric vehicle motor factory in Serbia, Nikkei has learned, as the company looks to expand its foothold in Europe, whose EV market rivals that of China. The motor manufacturer is apparently in the final stages of talks with local authorities on… Continue reading Nidec plans $2bn EV motor factory in Europe for bet beyond China
Tesla raises price of ‘Full Self-Driving’ option to $10,000
Tesla’s “Full Self-Driving” option, which currently enables Autopilot features like changing lanes on highways and automatic car parking, now costs $10,000, or $2,000 more than before. The price rise only covers the US for now, where the company’s Full Self-Driving functionality has just launched in limited beta, allowing Autopilot’s advanced driver-assist features to be used… Continue reading Tesla raises price of ‘Full Self-Driving’ option to $10,000