Wheels, a Los Angeles-based startup that rents electric bikes in over a dozen cities, is laying off 6 percent of its staff, The Verge has learned. The company is the latest micromobility firm to shed employees in the quest to find a profitable business model. Wheels was founded in early 2019 by Jonathan and Joshua… Continue reading E-bike startup Wheels lays off staff as dockless micromobility struggles continue
Tag: Tesla
Tesla sales in China drop despite start of local production, people panic and TSLA crashes
Tesla’s sales in China have dropped significantly in the first month of the year despite Tesla starting local production and deliveries. The drop also happened before the ramp-up in fear over the coronavirus and now Tesla’s stock is taking a major hit. The entire market has been hit this week due to fear of the… Continue reading Tesla sales in China drop despite start of local production, people panic and TSLA crashes
Tesla reports fully autonomous miles for first time in years, but it’s nothing to get excited about
Tesla has reported some fully autonomous test miles for the first time in years in the California DMV disengagement report, but it’s nothing to get too excited about. The California DMV makes companies who are testing autonomous vehicles in the state submit yearly “disengagement reports” to release details about each time their autonomous test vehicles… Continue reading Tesla reports fully autonomous miles for first time in years, but it’s nothing to get excited about
Tesla’s massive 1GWh Megapack battery project with PG&E is approved
Tesla’s massive project to deploy 1GWh of Megapacks to create a giant energy storage system in California with PG&E has received approval from the local authorities. 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… Continue reading Tesla’s massive 1GWh Megapack battery project with PG&E is approved
China’s CATL revs up EV battery production following Tesla deal
GUANGZHOU — China’s biggest electric vehicle battery maker, CATL, will invest up to 26 billion yuan ($3.7 billion) to quadruple its production capacity for lithium-ion batteries used in cars and storage systems. Annual production capacity at a plant in Ningde, Fujian Province, where the company is headquartered, will be increased by 16 gigawatt-hours, the battery… Continue reading China’s CATL revs up EV battery production following Tesla deal
Rumor Mill: All-Electric BMW 5-Series And 7-Series Coming Soon
According to the German newspaper Handelsblatt, BMW intends to introduce all-electric version of its 7-Series and 5-Series, which currently were available with conventional and plug-in hybrid drive systems. The 7-Series BEV is expected in 2022, while the 5-Series BEV in 2023. As the German manufacturer is betting on flexibility, both models will stay available in… Continue reading Rumor Mill: All-Electric BMW 5-Series And 7-Series Coming Soon
Tesla tells Model Y RWD buyers to ‘prepare for delivery’
Tesla is starting to tell people who pre-ordered the Model Y Long Range RWD, a version not yet available to order, to “prepare for delivery” just a few days after confirming deliveries of the higher-end versions of the electric SUV. As we reported earlier this week, Tesla is starting to confirm Model Y deliveries to customers… Continue reading Tesla tells Model Y RWD buyers to ‘prepare for delivery’
Sentry Mode Captures Garbage Man Bashing Tesla Model X With Trash Bin
Caught on camera. Watch as this garbage man purposely bashes a trash can into a parked Tesla Model X. The vandalous garbage man’s act damaged the Tesla. Tesla Sentry Mode captured the act that results in a “massive scratch” on the Model X and it managed to clearly capture the offender too. We’re not sure… Continue reading Sentry Mode Captures Garbage Man Bashing Tesla Model X With Trash Bin
Tesla ‘Roadrunner’ Batteries Target Extended Range, Reduced Price
Tesla’s secret Roadrunner battery project promises cheap and energy-dense batteries that will extend vehicle range, reduce car prices and possibly jolt Tesla to new highs. There’s talk that a vehicle equipped with these batteries may even be revealed at Tesla’s Battery Day event this April. Talk of new, energy-dense batteries for Tesla isn’t new. Word… Continue reading Tesla ‘Roadrunner’ Batteries Target Extended Range, Reduced Price
China’s CATL seeks to raise $2.85b for EV battery projects
China’s top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 billion) in a private placement of shares to fund its battery projects and boost working capital. The fundraising will help CATL to expand its battery-making capacity in Fujian, Jiangsu and Sichuan, as well as an energy storage research project, the company said in a filing to the Shenzhen stock exchange late Wednesday. The company… Continue reading China’s CATL seeks to raise $2.85b for EV battery projects