World NM: Tesla’s Shanghai factory produces superchargers000824

Tesla Inc has started producing electric vehicle superchargers at its new plant in Shanghai, as the US electric carmaker continues to expand its footprint in China, the world’s largest automobile market. Total EV sales in China reached 1.3 million units in 2020, up from 1.1 million units in 2019. Xpeng Motors, another Chinese electric carmaker,… Continue reading World NM: Tesla’s Shanghai factory produces superchargers000824

Ford to speed up push to electric autos, digitization

Ford shares rose 1.2 percent in after-hours trading to $11.51. New York: Ford announced Thursday a dramatic acceleration of its investment push into electric autos and signaled deepening collaborations with technology giants on the increased digitization of driving. The US auto giant, released fourth-quarter and annual results, and said it plans $22 billion in electric… Continue reading Ford to speed up push to electric autos, digitization

Ford is more than doubling its investment in electric and autonomous vehicles to $29 billion

Ford is increasing its investment in electric and autonomous vehicles to $29 billion, the company’s top executives said in an earnings call Thursday. The automaker had previously committed to spend $11.5 billion on electrifying its vehicle lineup through 2022. Now, Ford says it will spend double that amount, while extending the timeline to 2025. The… Continue reading Ford is more than doubling its investment in electric and autonomous vehicles to $29 billion

Tesla takes delivery of a big order of robots at Gigafactory Texas

Tesla appears to already be taking delivery of a quite a big order of robots for Model Y production at Gigafactory Texas. Tesla Gigafactory Texas In mid-2020, Tesla announced a deal to build a brand-new factory in Austin, where they bought a 2,000-acre piece of land. At first, Tesla referred to the factory as the Cybertruck… Continue reading Tesla takes delivery of a big order of robots at Gigafactory Texas

@VW Group: Blume: “The pandemic reveals who’s done their homework“

It has become noticeably quieter than usual in front of the Porsche headquarters in Stuttgart, with strict work from home rules resulting in empty offices and deserted car parks. Despite this, Porsche CEO Oliver Blume is in the office for this interview – in a large meeting room on the first floor of the administrative… Continue reading @VW Group: Blume: “The pandemic reveals who’s done their homework“

Electric vehicle sales surge in EU amid Covid slump

Renault’s Zoe hatchback took poll position thanks to strong sales in France and Germany in particular, with nearly 100,000 sold last year on 23 key European markets Paris: Demand for electric vehicles soared in the EU last year as buyers took advantage of government subsidies for clean cars aimed at helping manufacturers weather the unprecedented… Continue reading Electric vehicle sales surge in EU amid Covid slump

Ford Motor terminates electric vehicle plans with China’s Zotye

By Reuters Staff 2 Min Read Slideshow ( 2 images ) SHANGHAI (Reuters) – Ford Motor has decided to terminate plans to launch electric vehicle joint ventures with China’s Zotye Automobile, the U.S. auto giant said on Thursday. It said that China’s electric vehicle industry and government policies had undergone major changes since the agreements… Continue reading Ford Motor terminates electric vehicle plans with China’s Zotye

Don’t buy Teslas during a production ramp, Elon Musk says

The quality of Tesla’s cars suffers any time the company dramatically scales up production, CEO Elon Musk admitted in a February 2nd interview. Musk also said that Tesla was making cars so fast near the end of 2020 that it was messing up the paint jobs. Tesla has gotten a lot of criticism for the… Continue reading Don’t buy Teslas during a production ramp, Elon Musk says

Tesla may build a technology into its cars that could make them more secure and easier to find in parking lots

Tesla could hone its keyless entry by building ultra-wideband technology into its vehicles. The technology could allow drivers to easily locate their cars even in a crowded parking lot. UWB works similarly to Bluetooth and Wi-Fi, but with better accuracy. Visit the Business section of Insider for more stories. Tesla is honing the keyless entry… Continue reading Tesla may build a technology into its cars that could make them more secure and easier to find in parking lots

Tesla says its faulty touchscreens that led to a recall were only built to last 5-6 years (TSLA)

Tesla agreed to recall more than 134,000 of its cars over faulty touchscreens this week.  US regulators said the failing displays could affect essential components like the rear-view camera. Tesla agreed to the recall, and said its screens shouldn’t be expected to last more than 5-6 years.  Visit the Business section of Insider for more… Continue reading Tesla says its faulty touchscreens that led to a recall were only built to last 5-6 years (TSLA)