SHANGHAI (Reuters) – General Motors (GM.N) is overhauling its Chinese line-up with a greater emphasis on electric cars and smart-driving technology to stem a slide in sales after more than two decades of growth in a country that contributes nearly a fifth of its profit. FILE PHOTO: A new Cadillac XT6 SUV of GM is… Continue reading Exclusive: GM bets on electric Cadillacs and micro-vans to reverse China slide
Tag: Tesla
Auto Stock Roundup: TSLA Stock Split, Ford Recalls, NIO’s Q2 Show & More
Last week, China Association of Automobile Manufacturers (“CAAM”) unveiled vehicle sales data for the month of July. Auto sales in July rose 16.4% year over year to 2.11 million units, marking the fourth consecutive month of gain registered by the world’s biggest auto market. The main highlight of the July auto report in China was… Continue reading Auto Stock Roundup: TSLA Stock Split, Ford Recalls, NIO’s Q2 Show & More
Lordstown Endurance EV Pickup Aims to Beat Tesla’s Cybertruck to Market
Tesla set a high bar for electric pickups when it debuted the Cybertruck last year. Now, the startup company that took over an old General Motors plant in Lordstown, Ohio, aims to give Tesla a run for its money. The Lordstown Endurance debuted today, and if all goes as planned, it will be the first… Continue reading Lordstown Endurance EV Pickup Aims to Beat Tesla’s Cybertruck to Market
Tesla is installing world’s biggest casting machine outside Fremont factory
Tesla has taken delivery of the world’s biggest casting machine and it is installing it outside under a carport-like structure at Fremont factory. With the Model Y, Tesla has introduced some important underbody engineering and manufacturing improvements. CEO Elon Musk said that Tesla managed to turn what was originally 70 parts in Model 3’s rear… Continue reading Tesla is installing world’s biggest casting machine outside Fremont factory
China’s CATL is developing new EV battery with no nickel, cobalt, exec says
SHANGHAI (Reuters) – China’s Contemporary Amperex Technology Co Ltd (CATL), a Tesla supplier, is developing a new type of electric vehicle (EV) battery that contains no nickel or cobalt, a company executive said on Saturday. Nickel and cobalt are key ingredients in the batteries that power EVs. Battery makers from Japan’s Panasonic Corp to South… Continue reading China’s CATL is developing new EV battery with no nickel, cobalt, exec says
FreeWire Deploys Next Generation Ultrafast Electric Vehicle Charging at Convenience Stores
Boost Charger easily connects with ampm‘s existing infrastructure, allowing the system to be installed in hours without requiring expensive new grid power supply. Boost Charger can be powered from a single-phase connection and installed in places that previously could not support higher power demand. “Fueling stations and convenience stores have had very few options to… Continue reading FreeWire Deploys Next Generation Ultrafast Electric Vehicle Charging at Convenience Stores
Hyperion says it’s developed a hydrogen-powered supercar, now it needs money
With little more than sketches and not fully baked prototypes, a crowd of electric vehicle startups have rounded up billions from investors. Can that fund-raising engine drive a hydrogen-powered car? Hyperion Companies Inc., a decade-old Los Angeles outfit, is entering the race for speculative transportation capital today when it pulls the cover off a supercar… Continue reading Hyperion says it’s developed a hydrogen-powered supercar, now it needs money
Tesla announces 5 for 1 share split, rallies 8%
Today after the close of regular trading Tesla, a well-known American electric vehicle company, announced that it intends to split its shares 5 for 1. The split announcement comes after a sharp rally in the value of Tesla equity in recent quarters. The company’s shares quickly rallied on the news, picking up 8% in after-hours… Continue reading Tesla announces 5 for 1 share split, rallies 8%
Record-breaking Faraday Future prototype EVs are up for auction
Sponsored Links Pawel Litwinski Remember Faraday Future? It’s the electric vehicle startup that, when it launched in 2015, was promising to shakeup the EV industry and become a rival to Tesla. Since then, the company has struggled with funding, production and legal issues. A Faraday Future EV comparable to anything Tesla offers never materialized, though… Continue reading Record-breaking Faraday Future prototype EVs are up for auction
Xpeng Motors Files For IPO On NYSE
Upstart Chinese electric vehicle maker, Xpeng Motors has officially filed for its initial public offering (IPO) on the New York Stock Exchange. The move wasn’t a surprise and had been anticipated for some time now. The announcement makes XPeng the third electric vehicle manufacturer out of China to list its shares in the US. The… Continue reading Xpeng Motors Files For IPO On NYSE