ZWICKAU, Germany—Five years and nearly $50 billion into the auto industry’s biggest bet on electric vehicles, Volkswagen CEO Herbert Diess and his guest, Chancellor Angela Merkel, stood in anticipation as the first ID.3, Germany’s long-awaited answer to Tesla, rolled off the assembly line. The event at the company’s flagship EV plant just over a year… Continue reading How Volkswagen’s $50 Billion Plan to Beat Tesla Short-Circuited – The Wall Street Journal
Tag: Tesla
A closer look at Tesla’s latest semi electric truck prototype
We recently reported that Tesla has built a new semi electric truck prototype, maybe the first in three years, ahead of the start of production later this year. Now we get a closer look at the Tesla Semi, as it was spotted at a truck stop. New Tesla Semi prototype As we reported earlier this… Continue reading A closer look at Tesla’s latest semi electric truck prototype
Tesla tells nickel-rich Indonesia it wants to join battery project
JAKARTA — U.S. electric vehicle maker Tesla has proposed joining Indonesia’s plans to create an EV battery supply chain within the country, a senior Indonesian government official said on Friday. The government received Tesla’s proposal on Thursday, Septian Hari Seto, deputy for investment and mining at the Coordinating Ministry of Maritime Affairs and Investment, said… Continue reading Tesla tells nickel-rich Indonesia it wants to join battery project
New Tesla ‘yoke’ steering wheel is legal in Europe and UK
Tesla’s new U-shaped steering ‘yoke’, which is set to appear in the newly updated Model S and Model X, has been deemed legal in certain European markets, including the UK. The controversial new steering wheel design will be offered as an option on the recently unveiled facelift Model S and Model X alongside a conventional round wheel.… Continue reading New Tesla ‘yoke’ steering wheel is legal in Europe and UK
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