Panasonic‘s report for the second quarter of 2020 is pretty weak as most of its business was hit hard by the COVID-19 lockdown. There are losses for the quarter and the full-year forecast says that net profits will be halved compared to 2019. Let’s take a look at the general results. Panasonic was hit hard… Continue reading Panasonic Was Hit Hard In Q2 2020 Due To COVID-19
Tag: Tesla
Tesla Gigafactory Texas shows its crazy potential in size comparison with other Tesla factories
Tesla Gigafactory Texas in Austin has some crazy potential for growth based on the size of the land the automaker acquired, which is shown in this interesting new size comparison with other Tesla factories. This new project is exciting for Tesla on many levels. It is going to be the production site for Cybertruck and… Continue reading Tesla Gigafactory Texas shows its crazy potential in size comparison with other Tesla factories
Volkswagen has not yet lost the year
Volkswagen is because of Corona crisis get deep in the red. In the second quarter, the world’s largest automaker posted an operating loss of EUR 1.7 billion before special items, as the Wolfsburg-based company announced on Thursday. A year ago there was still a profit of 5.1 billion. In the period from April to June,… Continue reading Volkswagen has not yet lost the year
Automotive: King Volkswagen overwhelmed by the health crisis
Posted on Jul 30, 2020 at 11:30 a.m. “In five to ten years, the most expensive company on the stock market will be a mobility company – which could be called Tesla, Apple or Volkswagen,” said Herbert Diess, the big boss of the German giant a few days ago. automotive industry, on LinkedIn. To be… Continue reading Automotive: King Volkswagen overwhelmed by the health crisis
Exclusive: Panasonic aims to boost energy density in Tesla batteries by 20% – executive
TOKYO (Reuters) – Panasonic Corp (6752.T) plans to boost the energy density of “2170” battery cells it supplies to Tesla Inc (TSLA.O) by 20% in five years and commercialize a cobalt-free version “in two to three years”, the head of its U.S. EV battery business said. FILE PHOTO: A logo of Panasonic Corp is pictured… Continue reading Exclusive: Panasonic aims to boost energy density in Tesla batteries by 20% – executive
EXCLUSIVE-Panasonic aims to boost energy density in Tesla batteries by 20% -executive
* To boost energy density in “2170” battery cells in 5 years * Has cut cobalt content to less than 5% in Tesla batteries * Plans to commercialize batteries with no cobalt in 2-3 years * To produce high energy density “2170” cells in Nevada By Makiko Yamazaki TOKYO, July 30 (Reuters) – Panasonic Corp… Continue reading EXCLUSIVE-Panasonic aims to boost energy density in Tesla batteries by 20% -executive
Morgan Stanley boosts Tesla bull case to 65% upside but still has an ‘underweight’ rating on the automaker’s shares (TSLA)
(AP Photo/Marcio Jose Sanchez, File) Morgan Stanley on Wednesday boosted its Tesla stock price target to $1,050 from $740. It also updated its “bull case scenario” to $2,500 from $2,070. The bull case is a more than a 65% increase from where shares of Tesla traded on Wednesday. Still, the firm has an “underweight” rating… Continue reading Morgan Stanley boosts Tesla bull case to 65% upside but still has an ‘underweight’ rating on the automaker’s shares (TSLA)
Volkswagen CEO says Tesla’s meteoric rise proves the most valuable company in the world will be in mobility (TSLA, VW)
Volkswagen’s CEO is an outspoken fan of its competitor Tesla. Herbert Diess said Tesla’s second-quarter results last week were proof that mobility will be one of the most important industries of the future. His comments come as Tesla’s CEO Elon Musk once again toys with the idea of partnerships with competitors, even though past deals… Continue reading Volkswagen CEO says Tesla’s meteoric rise proves the most valuable company in the world will be in mobility (TSLA, VW)
Tesla begins construction on world’s largest Megapack project for PG&E
PG&E announced that it started construction with Tesla on a giant Megapack project deployed at the electric substation in Moss Landing in Monterey County, California. We first learned of the project at PG&E’s Moss Landing substation when they submitted it to CPUC and the company was in talks with Tesla in 2017. It involves four separate energy storage projects and two… Continue reading Tesla begins construction on world’s largest Megapack project for PG&E
GM prodded to catch electric-car zeitgeist with name change
David Welch and Chester Dawson, Bloomberg Published 1:56 p.m. ET July 29, 2020 | Updated 2:02 p.m. ET July 29, 2020 General Motors Co. has weathered depressions, wars and pandemics under its century-old name, but the coming shift to battery-powered vehicles may be an opportunity to rethink its generic-sounding corporate moniker in favor of something… Continue reading GM prodded to catch electric-car zeitgeist with name change