Business Combination with VectoIQ Completed Global Manufacturing Head and Nikola Energy Company President Added to World-Class Team Nikola Manufacturing Facility Buildout Continues in Ulm, Germany Nikola Breaks Ground for Greenfield Manufacturing Facility in Coolidge, Arizona August 4, 2020 — Phoenix, Arizona — Nikola Corporation (Nasdaq:NKLA), a global leader in zero-emissions transportation systems, today reported financial… Continue reading @niche: Nikola Corporation Reports Second Quarter Results
Tag: Tesla
GM and LG Chem Looking to Apply NCMA Battery on GM’s New Electric Vehicles in 2021
It is expected that NCMA (Nickel, Cobalt, Manganese, Aluminum) battery, which is considered as a next-generation electric vehicle battery, may be commercialized faster than initial expectations as GM and LG Chem are looking to equip GM’s electric vehicles with NCMA batteries.According to the industry on Tuesday, GM is looking to equip two electric vehicles that… Continue reading GM and LG Chem Looking to Apply NCMA Battery on GM’s New Electric Vehicles in 2021
Elon Musk says it’s ‘highly likely’ Tesla will eventually create a smaller version of the Cybertruck (TSLA)
Tesla CEO Elon Musk said that it’s ‘highly likely’ Tesla will eventually create a smaller version of the Cybertruck. A smaller Cybertruck would likely appeal to the European market because there’s higher demand for smaller vehicles amid regulations around emissions and road width. Tesla is planning to produce the new Cybertruck at Gigafactory Austin by… Continue reading Elon Musk says it’s ‘highly likely’ Tesla will eventually create a smaller version of the Cybertruck (TSLA)
Tesla’s wiper controls are ruled illegal in Germany after someone crashed while using them
Tesla’s wiper controls through its touchscreen have been ruled illegal in Germany after someone crashed their Model 3 while using them and fought a fine and driving ban through the court system. German courts are throwing a lot of sticks in Tesla’s wheel recently. Last month, Tesla Autopilot and Full Self-Driving claims were judged ‘misleading’… Continue reading Tesla’s wiper controls are ruled illegal in Germany after someone crashed while using them
Tesla is ‘highly likely’ to make smaller Cybertruck for Europe, says Elon Musk
While Tesla has scrapped plans to reduce the size of the Cybertruck, Elon Musk now says that the automaker is ‘highly likely’ to make a smaller version of the electric pickup for Europe. Smaller Tesla Cybertruck Not long after unveiling the Cybertruck prototype last year, Musk started talking about making the electric pickup smaller to… Continue reading Tesla is ‘highly likely’ to make smaller Cybertruck for Europe, says Elon Musk
Tesla competitor Nikola has surged as much as 33% in 2 days ahead of its quarterly earnings release (NKLA)
Nikola, an electric-vehicle and battery maker that competes with Tesla, is schedule to report quarterly earnings after market close on Tuesday. Shares of the company have surged 33% in the last two days through Tuesday’s high. “Nikola’s first report as a public company will likely be heavily scrutinized, but financial information will be sparse at… Continue reading Tesla competitor Nikola has surged as much as 33% in 2 days ahead of its quarterly earnings release (NKLA)
Tesla is working on massive sale presence expansion with new markets
Tesla is working on a significant expansion of its retail and sale presence, including expansions in new markets, as it expects to achieve massive growth in the second half of the year. Just over a year ago, Elon Musk was talking about shutting down almost all of Tesla’s stores and moving to an online-only sale… Continue reading Tesla is working on massive sale presence expansion with new markets
Multinational Automotive Manufacturers Begin Working on Developing Their Own Electric Vehicle Batteries
Multinational electric vehicle and automotive manufacturers are looking to secure an initiative in developing their own batteries after securing stable supplies of batteries by either purchasing batteries or collaborating with battery manufacturers. Tesla, BMW, and Volkswagen have begun developing their own battery cells while GM is looking to secure an initiative in battery development even… Continue reading Multinational Automotive Manufacturers Begin Working on Developing Their Own Electric Vehicle Batteries
Xpeng Motors Raises Another $300 Million Ahead Of NY Stock Exchange IPO
According to The South China Morning Post, Xpeng Motors has recently raised an additional $300 million ahead of its New York Stock Exchange initial public offering. The $300 million is on top of the $500 million we reported the startup electric vehicle manufacturer raised last month. Xpeng has reportedly received the latest round of funds… Continue reading Xpeng Motors Raises Another $300 Million Ahead Of NY Stock Exchange IPO
Elon Musk says a third Tesla car factory in the US is ‘likely’ after it finishes Austin and Berlin construction (TSLA)
A third Tesla car factory in the US is likely, Elon Musk said on a podcast released Monday. Tesla announced in July that its second US car factory would be in Austin, Texas. It’s also building a Gigafactory in Europe, near Berlin, Germany, and operates one in Shanghai, China. Visit Business Insider’s homepage for more… Continue reading Elon Musk says a third Tesla car factory in the US is ‘likely’ after it finishes Austin and Berlin construction (TSLA)