Daimler to build 50,000 Mercedes EQC models this year

FRANKFURT (Reuters) – Daimler on Thursday said it plans to build 50,000 Mercedes EQC electric cars this year, denying a report in Manager Magazin which claimed it had been forced to pare back its 2020 production targets due to battery supply problems. FILE PHOTO: The logo of German car manufacturer Mercedes-Benz is seen at Brussels… Continue reading Daimler to build 50,000 Mercedes EQC models this year

Work On Tesla-Swapped Nissan 350Z Project Back On Track

You may remember that in August of last year, we covered a video that signaled the start of a pretty enticing build. The plan was to remove the 3.5-liter naturally-aspirated V6 out of a Nissan 350Z and replace it with a Tesla drive motor and batteries. Well, it’s now 2020 and not much has happened… Continue reading Work On Tesla-Swapped Nissan 350Z Project Back On Track

Auto industry: VW boss Herbert Diess: “I would like a higher CO2 tax from politics”

VW boss Herbert Diess Davos VW-Boss Herbert Diess demands a much higher one from politics Price for climate-damaging carbon dioxide emissions, “I think the price is too low. I would still like to see a higher CO2 tax from politics, ”said the CEO of the world’s largest automobile group to the“ Frankfurter Allgemeine Zeitung ”(FAZ… Continue reading Auto industry: VW boss Herbert Diess: “I would like a higher CO2 tax from politics”

Tesla’s German factory gets off to an explosive start

FILE PHOTO: Warning tape is pictured at a construction site at Heidestrasse street near the capital’s central train station, after a World War Two bomb was discovered at the site in Berlin, Germany, April 19, 2018. REUTERS/Axel Schmidt/File Photo BERLIN (Reuters) – Seven U.S. bombs from World War Two have been found in the plot… Continue reading Tesla’s German factory gets off to an explosive start

Tesla overtakes Volkswagen as world’s second most valuable carmaker

(Reuters) – Tesla Inc (TSLA.O) has overtaken Germany’s Volkswagen (VOWG_p.DE) as the world’s second most valuable carmaker behind Japan’s Toyota (7203.T), as the meteoric rise in the U.S. electric vehicle maker’s shares reshuffles the global market. FILE PHOTO: A China-made Tesla Model 3 vehicle is seen at a delivery ceremony in the Shanghai Gigafactory of… Continue reading Tesla overtakes Volkswagen as world’s second most valuable carmaker

Mercedes EV output target slashed by battery shortage: Manager Magazin

FRANKFURT (Reuters) – Daimler has been forced to reduce its 2020 production targets for the Mercedes-Benz EQC electric car to 30,000 from about 60,000 due to a supply shortage of battery cells from LG Chem, Manager Magazin reported on Thursday. FILE PHOTO: The logo of German car manufacturer Mercedes-Benz is seen at Brussels Motor Show,… Continue reading Mercedes EV output target slashed by battery shortage: Manager Magazin

Tesla overtakes Volkswagen as value hits $100bn

Tesla has displaced Volkswagen as the world’s second most valuable carmaker, after a dramatic rise in share price pushed its market value to more than $100bn (£76.1bn). The milestone sets the stage for chief Elon Musk to collect billions in pay tied to hitting that target. Tesla’s share price has more than doubled since October,… Continue reading Tesla overtakes Volkswagen as value hits $100bn

Mercedes halves EV production target due to battery shortage: Manager Magazin

FRANKFURT (Reuters) – Daimler has been forced to reduce production targets for its Mercedes-Benz EQC electric car from about 60,000 to 30,000 this year, due to a supply shortage of battery cells from LG Chem, Manager Magazin said on Thursday. Daimler wanted to sell around 25,000 EQC vehicles in 2019, but only managed to build… Continue reading Mercedes halves EV production target due to battery shortage: Manager Magazin

VMware to Acquire AI-Based Network Analytics Platform Nyansa

VMware, Inc. (NYSE: VMW), is to acquire Nyansa, Inc., an AI-based network analytics platform provider. The amount of the deal – expected to close in VMware’s fiscal Q1 FY2021, subject to customary closing conditions – was not disclosed. Nyansa will enable VMware to deliver an end-to-end network visibility, monitoring and remediation solution within VMware SD-WAN… Continue reading VMware to Acquire AI-Based Network Analytics Platform Nyansa

The Model 3-Based Obrist Mark II Is A Different Proposition For EVs

Some weeks ago, the Obrist Mark II made waves basically because it was a Tesla Model 3 with a combustion engine in the frunk. Fans of the American EV manufacturer jumped to the conclusion that it was the worst Tesla on Earth. How dare Obrist? These fans said it made no sense to put a… Continue reading The Model 3-Based Obrist Mark II Is A Different Proposition For EVs