New Tesla Solar Roof tiles spotted at test facility

New Tesla Solar Roof tiles in a different color have been spotted at the automaker’s test facility near Fremont factory in California. When Tesla first unveiled its Solar Roof tiles in 2016, the product wasn’t fully formed yet, but the company had several different designs. Tesla has had issues bringing the product to volume production… Continue reading New Tesla Solar Roof tiles spotted at test facility

Tesla is rumored to be behind massive land deal in China

Tesla is rumored to be behind a massive new land deal to secure over 100 acres next to its Gigafactory Shanghai in China. Gigafactory Shanghai has been expanding so fast that Tesla is running out of space to physically grow at the location in the Shanghai free-trade zone. After quickly managing to build the first… Continue reading Tesla is rumored to be behind massive land deal in China

Volvo to go all electric by 2030 as it unveils second such model

LONDON (Reuters) — Volvo’s entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade. “I am totally convinced there will be no customers who really want to stay with a petrol engine,”… Continue reading Volvo to go all electric by 2030 as it unveils second such model

Tuesday Morning Auto News, Mar 02, 2021

Maruti Suzuki exports cross 2 million vehicles from India – Just-Auto Land Rover launches powerful Defender V8 – Just-Auto Nissan signs mobility MoU with Suzhou City, China – Just-Auto Toyota to Raise $4.7 Billion in ESG Debt to Fund Futuristic Hub – Bloomberg Geely’s Volvo Cars to be fully electric by 2030 – Just-Auto Lunaz… Continue reading Tuesday Morning Auto News, Mar 02, 2021

Vietnam’s VinFast gets permit to test autonomous electric vehicles in the US

Vietnamese conglomerate Vingroup’s automobile unit VinFast has received a permit to test autonomous vehicles by the California Vehicle Administration, per an announcement. Vingroup said that its car manufacturing subsidiary is the 57th licenced company to test its autonomous electric cars in California, following global giants such as Apple, Tesla, BMW, and Volkswagen. In January, the… Continue reading Vietnam’s VinFast gets permit to test autonomous electric vehicles in the US

Is Magna (MGA) a Great Value Stock Right Now?

South China Morning Post China overtakes US to host most dollar billionaires as 2020 stock market rally defied Covid-19 and minted wealth at a record pace One in every two newly minted dollar-denominated billionaires last year were in China, the first country to exit from a nationwide pandemic lockdown and the only major economy to… Continue reading Is Magna (MGA) a Great Value Stock Right Now?

MGA vs. GNTX: Which Stock Should Value Investors Buy Now?

South China Morning Post China overtakes US to host most dollar billionaires as 2020 stock market rally defied Covid-19 and minted wealth at a record pace One in every two newly minted dollar-denominated billionaires last year were in China, the first country to exit from a nationwide pandemic lockdown and the only major economy to… Continue reading MGA vs. GNTX: Which Stock Should Value Investors Buy Now?

Auto Stock Roundup: GT Announces CTB Buyout, OSK Wins USPS Contract and More

The major highlight of the last week was the announcement of Cooper Tire’s CTB acquisition by Goodyear Tire GT. This transformational deal marks the collaboration of two of the biggest American tire companies. It will create a stronger and industry-leading U.S.-based tire manufacturer, having a more enhanced presence in distribution and retail channels. Awarding of… Continue reading Auto Stock Roundup: GT Announces CTB Buyout, OSK Wins USPS Contract and More

Nio Reports Mixed 4Q Results; Shares Drop 5.9% Pre-Market

South China Morning Post China overtakes US to host most dollar billionaires as 2020 stock market rally defied Covid-19 and minted wealth at a record pace One in every two newly minted dollar-denominated billionaires last year were in China, the first country to exit from a nationwide pandemic lockdown and the only major economy to… Continue reading Nio Reports Mixed 4Q Results; Shares Drop 5.9% Pre-Market