Geely departs from convention with plan for new EV unit: sources

By Yilei Sun, Brenda Goh 3 Min Read SHANGHAI (Reuters) – China’s Geely plans to set up a firm to explore new approaches to product planning, marketing and sales of electric vehicles (EV), sources said, departing from industry convention whereby EVs are marketed and sold alongside traditional cars. FILE PHOTO: A building of the Geely… Continue reading Geely departs from convention with plan for new EV unit: sources

Tesla reduces Model 3 and Model Y prices, now starts under $37,000

Tesla has updated its pricing across the Model 3 and Model Y lineup, including price cuts for both base models. The new cheapest Tesla vehicle now starts just under $37,000. Tesla Model 3 Prices With the price update today, Tesla has now reduced the price of the Model 3 Standard Range Plus to $36,990 –… Continue reading Tesla reduces Model 3 and Model Y prices, now starts under $37,000

TruSpin Announces Breakthrough in Battery Technology

BIRMINGHAM, Ala., Feb. 17, 2021 /PRNewswire/ — TruSpin Nanomaterial Innovation (“TruSpin”), an advanced materials company engaged in battery technology, today announced the positive results of third-party tests evaluating the performance of the company‘s prototype batteries.  These tests, conducted by SpectraPower, validate the use of TruSpin‘s silicon nanofibers to reliably multiply the energy capacity of Li-ion batteries.  TruSpin… Continue reading TruSpin Announces Breakthrough in Battery Technology

AMP’s Energy Management Systems Are Powering Most of the World’s Top E-OEMs, Investment Round Announced

LOS ANGELES, Feb. 17, 2021 /PRNewswire/ — AMP – a startup led by an EV pioneer from Tesla behind patented charging/battery control solutions that power electric mobility worldwide – is announcing a round of investment led by prominent venture capital firms 8VC, Ajax Strategies and Fontinalis. The company’s explosive growth – fueled by a team with dozens of… Continue reading AMP’s Energy Management Systems Are Powering Most of the World’s Top E-OEMs, Investment Round Announced

Lucid Motors nears SPAC deal as Klein launches financing

By Joshua Franklin and Anirban SenLuxury electric vehicle maker Lucid Motors Inc is getting close to a deal to go public at a roughly $12-billion valuation after veteran dealmaker Michael Klein’s blank-check acquisition firm launched a financing effort to back the transaction, people familiar with the matter said on Tuesday. The merger between Lucid and… Continue reading Lucid Motors nears SPAC deal as Klein launches financing

Exclusive: Lucid Motors nears SPAC deal as Klein launches financing – sources

By Joshua Franklin, Anirban Sen 3 Min Read (Reuters) – Luxury electric vehicle maker Lucid Motors Inc is getting close to a deal to go public at a roughly $12-billion valuation after veteran dealmaker Michael Klein’s blank-check acquisition firm launched a financing effort to back the transaction, people familiar with the matter said on Tuesday.… Continue reading Exclusive: Lucid Motors nears SPAC deal as Klein launches financing – sources

EVgo makes more of its fast charging network available to Tesla drivers

In December 2019, public fast charging network EVgo, in collaboration with Tesla, began installing the automaker’s proprietary connector at its DC fast charging stations around the country (Tesla drivers can use CHAdeMO or CCS plugs, but they need a bulky and pricey adapter, and a CCS adapter only recently became available in the US). Now… Continue reading EVgo makes more of its fast charging network available to Tesla drivers

German Manager Magazin: Tesla: rival Rivian could build its own factory in Germany000566

Tesla has big plans in Grünheide: But the expansion of the factory, the 500,000 in the future Electric cars deliver each year and at the same time become the world’s largest battery factory, apparently slows down. Insiders speak loudly “Automobile week” of a “massive delay” for both the car and the planned battery plant. Five… Continue reading German Manager Magazin: Tesla: rival Rivian could build its own factory in Germany000566

Tesla: Elon Musk’s ambitions in India become clearer

Posted on Feb 15, 2019 2021 at 10:42 Updated on 15 feb. 2021 at 10:50 A new – gigantic – playground for Elon Musk? After the United States, China and Germany (where production has not yet started), Tesla is very close to reaching an agreement to manufacture its cars in another country: India, the world’s… Continue reading Tesla: Elon Musk’s ambitions in India become clearer