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
Tag: Tesla
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?
Tesla is selling electric car credits to Volkswagen in China
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
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