Tesla is listed as a “technical partner” in a deal to take over a very large and controversial nickel mine in New Caledonia. Lately, Tesla CEO Elon Musk has been pushing for nickel producers to boost production as he expects the resource could become a bottleneck for battery production. It’s likely the reason why the automaker decided… Continue reading Tesla takes part in deal to take over controversial nickel mine in New Caledonia
Tag: Tesla
VW expects half of U.S. sales to be electric vehicles by 2030
Volkswagen’s ID Buzz vehicle. Aeva Volkswagen is accelerating its plans for all-electric vehicles in a bid to become “the world’s most desirable brand for sustainable mobility,” a title arguably already owned by Tesla. The German automaker Friday morning said more than 70% of its Volkswagen brand’s European sales will be EVs by 2030, up from… Continue reading VW expects half of U.S. sales to be electric vehicles by 2030
Ford delays 4,500 Mustang Mach-E deliveries
Ford Motor Co. confirmed Wednesday that buyers of some 4,500 Mustang Mach-Es —the Blue Oval’s highly touted new electric vehicle — will face delivery delays. That’s a higher number than the hundreds of impacted vehicles the automaker had previously said would be delivered late. Meanwhile, Ford said Wednesday that it will compensate some buyers of the… Continue reading Ford delays 4,500 Mustang Mach-E deliveries
Volkswagen doubles its electric sales target: 70% by 2030
Fierce competition Volkswagen, now the second largest producer in the world after Toyota, is facing a constantly evolving market and increasingly fierce competition. Carmakers are competing to develop electric vehicles and meet Europe’s increasingly stringent CO2 emissions targets, under penalty of heavy penalties. Ford has announced that it will only produce electric cars by 2030… Continue reading Volkswagen doubles its electric sales target: 70% by 2030
Trolls Are Spreading a Rumor That Elon Musk Is Dead
“We absolutely must find a replacement for Mr. Musk before announcing his death publicly.” RIP Elon Let’s get the obvious out of the way first: Elon Musk does not appear to be dead. But today, trolls on Twitter started flooding the social media network with made-up screenshots using the hashtag #RIPElon. Some screenshots showed faked… Continue reading Trolls Are Spreading a Rumor That Elon Musk Is Dead
Tencent-backed Aiways breaks into Europe and China EV market
SHANGHAI — Chinese electric vehicle startup Aiways is expanding its sales footprint in Europe, where more electric cars were sold last year than in China. Aiways has pursued this strategy since it was founded in 2017, as it looks to grow outside China’s fiercely competitive domestic market. The Shanghai-based pure-play EV manufacturer sealed deals with… Continue reading Tencent-backed Aiways breaks into Europe and China EV market
Martinrea International Inc. Reports Full-Year Results and Record Fourth-Quarter Earnings, and Declares Dividend
TORONTO, March 04, 2021 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the year and fourth quarter ended December 31, 2020 and that… Continue reading Martinrea International Inc. Reports Full-Year Results and Record Fourth-Quarter Earnings, and Declares Dividend
The Next Tesla May Emerge From This Explosion Of New EV Stocks
TipRanks 2 ‘Strong Buy’ Stocks Insiders Are Snapping Up In a casino, if you play long enough, the House always wins; this is just a matter of probabilities and available resources. It’s different in the stock market, even though there is a tendency to refer to stock investing as a game. Smart investors don’t have… Continue reading The Next Tesla May Emerge From This Explosion Of New EV Stocks
German Handelsblatt: More e-cars and more software: VW takes Tesla as a benchmark – new strategy with “Trinity” 001460
First impression of the VW project “Trinity” Silhouette of the Volkswagen “Trinity” project: from 2026 onwards, this new electric car will roll off the assembly line at the main plant in Wolfsburg. “Trinity” should only be the project name, however, the final name has not yet been determined. (Photo: Volkswagen) Düsseldorf The words “Tesla” and… Continue reading German Handelsblatt: More e-cars and more software: VW takes Tesla as a benchmark – new strategy with “Trinity” 001460
‘Big Short’ investor Michael Burry says he’ll stop tweeting after warning of market bubbles for months
Michael Burry. Getty Images/ Astrid Stawiarz Michael Burry is taking a break from Twitter, leaving his 400,000 followers with only a couple of restaurant recommendations and a list of his favorite death-metal bands. The investor – who has criticized Tesla, bitcoin, Robinhood, and the meme-stock frenzy this year – signed off this week with a… Continue reading ‘Big Short’ investor Michael Burry says he’ll stop tweeting after warning of market bubbles for months