Tag: Tesla

Hyundai faces lawsuit over EV fires as GM launches recall

By Heekyong Yang, Hyunjoo Jin 6 Min Read SEOUL (Reuters) – Hyundai Motor Co 005380.KS is being sued over a string of battery fires in its electric vehicles (EVs), just as General Motors Co GM.N recalls nearly 70,000 EVs with batteries from the same maker, LG Chem Ltd 051910.KS. FILE PHOTO: The logo of Hyundai… Continue reading Hyundai faces lawsuit over EV fires as GM launches recall

The electric car industry now has its own lobbying group

Tesla, Uber, Rivian, Lucid Motors, and others have joined forces to create a new lobbying group for electric vehicles on Capitol Hill. The group, which is called the Zero Emission Transportation Association (ZETA), says its mission is that 100 percent of new car sales are electric by 2030. Some states are already moving in that… Continue reading The electric car industry now has its own lobbying group

@niche: From Lordstown Motors Lordstown Motors Releases Business Updates; Remains on Track to Begin Production …000296

LORDSTOWN, OH (November 16, 2020) – Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a leader in electric light duty trucks focused on the commercial fleet market, today announced recent commercial, operational and strategic developments, as it remains on track to begin production of the Lordstown Endurance, the world’s first full-size, all-electric pickup truck, in the… Continue reading @niche: From Lordstown Motors Lordstown Motors Releases Business Updates; Remains on Track to Begin Production …000296

Tesla gets a spot on the S&P 500

Tesla will be added to the S&P 500, a milestone that will expand its investor base and put the electric automaker in the same company as heavyweights like Apple, Berkshire Hathaway and Microsoft. The announcement, made Monday afternoon by the S&P Dow Jones Indices, sent shares 13.7% higher in after-market trading. Tesla will officially join the benchmark… Continue reading Tesla gets a spot on the S&P 500

Tesla stops selling $35,000 Model 3 with new 2021 model year refresh

Tesla has stopped selling the $35,000 version of the Model 3 altogether — which has been somewhat elusive ever since its launch — with the new 2021 model year refresh. Long before ever delivering a Model 3, CEO Elon Musk promised that it would be the electric car for the masses with a price point… Continue reading Tesla stops selling $35,000 Model 3 with new 2021 model year refresh

Lordstown Motors says electric pickup launch ‘on track’ for fall 2021

By Paul Lienert 2 Min Read U.S. President Donald Trump speaks next to Lordstown Motors employees Michael Fabian and Rich Schmidt while inspecting the Lordstown Motors 2021 Endurance truck, an electric pickup truck, on the South Lawn at the White House, September 28, 2020. REUTERS/Carlos Barria (Reuters) – Startup Lordstown Motors Corp RIDE.O said on… Continue reading Lordstown Motors says electric pickup launch ‘on track’ for fall 2021

Honda to mass-produce Level 3 autonomous cars by March

Honda claims it will be the first automaker to mass-produce vehicles with autonomous capabilities that meet SAE Level 3 standards, with plans to begin producing and selling a version of its Honda Legend luxury sedan with fully approved automated driving equipment in Japan from next March. Honda announced the news via press release (via Reuters)… Continue reading Honda to mass-produce Level 3 autonomous cars by March

Elon Musk says ‘most likely’ has a moderate case of COVID-19

By Reuters Staff 2 Min Read (Reuters) – Tesla Inc Chief Executive Officer Elon Musk said on Saturday he “most likely” has a moderate case of COVID-19, as he continued to question the accuracy of the tests. “Am getting wildly different results from different labs, but most likely I have a moderate case of covid.… Continue reading Elon Musk says ‘most likely’ has a moderate case of COVID-19

Yamaha seeks edge with ‘connected bikes’ in Indonesia

HAMAMATSU, Japan — Yamaha Motor, the world’s third-largest motorcycle maker, is stepping up marketing to attract new customers mainly in Asia such as Indonesia and India, its biggest markets, based on connectivity via a smartphone app. The new business strategy is aimed at developing Yamaha into a company that not only manufactures motorcycles but also… Continue reading Yamaha seeks edge with ‘connected bikes’ in Indonesia