JOHANNESBURG/HOUSTON (Reuters) – The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets. FILE PHOTO: A parking sign for electric vehicles is pictured, where U.S. electric vehicle pioneer Tesla announced to build its first European factory and… Continue reading Lithium producers must wait as pandemic slows electric vehicle revolution
Tag: Tesla
China’s SVOLT to become first automotive battery supplier to launch Cobalt-free battery
Chinese battery supplier, SVOLT has announced that it will launch two Cobalt-free batteries for automotive application with start-of-production slated to begin from June 2021. The company says American EV maker Tesla had earlier revealed its plan to use cobalt-free batteries on Made-in-China Tesla Models. However, Tesla’s cobalt-free battery is still being launched a little late.… Continue reading China’s SVOLT to become first automotive battery supplier to launch Cobalt-free battery
Car dealerships are taking Tesla’s lead by embracing online sales in the wake of COVID-19. Now industry insiders say salespeople will have less power over customers because of it. (CVNA, KMX)
Online car sales and home deliveries have become more popular in the wake of the novel coronavirus. That trend will continue well into the future, auto industry executives told Business Insider. “Customers will welcome the power shifting back in their direction, and they deserve that,” said Laura Schwab, president of Aston Martin in the Americas.… Continue reading Car dealerships are taking Tesla’s lead by embracing online sales in the wake of COVID-19. Now industry insiders say salespeople will have less power over customers because of it. (CVNA, KMX)
@Tata-JLR: By Miles, the pay-by-mile car insurance provider, raises £15 million in Series B funding
By Miles, the UK’s first real-time pay-by-mile car insurance provider and InMotion Ventures portfolio company, has successfully raised £15m in a Series B funding round led by CommerzVentures. The insurtech company is on a mission to make car insurance fairer for the UK’s 19 million lower mileage drivers – those who drive less than 7,000… Continue reading @Tata-JLR: By Miles, the pay-by-mile car insurance provider, raises £15 million in Series B funding
Tesla Gigafactory Shanghai expansion is back in full swing
Construction work at Tesla Gigafactory Shanghai appears to be back in full swing as new buildings come up super quickly to produce Model Y in less than a year. As we reported earlier this week, Tao Lin, vice president of Tesla China, is saying that Tesla will ramp up Model 3 production by more than… Continue reading Tesla Gigafactory Shanghai expansion is back in full swing
GM’s ‘Ultra Cruise’ to take on Tesla with hands-free city driving
General Motors is close to taking its self-driving tech onto neighborhood streets.Super Cruise uses facial recognition technology to ensure a driver is looking ahead with their eyes open, and a combination of cameras, GPS and hyper-accurate 3D maps to steer the vehicle in a lane on certain highways.
Tesla installs more production robots at Fremont factory
Tesla is installing more production robots at its Fremont factory in order to increase capacity, according to new construction permits. Due to the shelter-in-place order in the Bay Area, Tesla had to shut down its Fremont factory for about a month and a half before restarting production last week. The factory had been in operation… Continue reading Tesla installs more production robots at Fremont factory
GM working on semi-autonomous Ultra Cruise to operate on all roads
General Motors Co. is working on a comprehensive Tesla-fighting Ultra Cruise semi-autonomous system for its passenger cars. And its fully autonomous Cruise Origin vehicle may moonlight delivering packages in addition to delivering people to their destinations. The revelations came from global product development chief Doug Parks, as he promised that GM’s vision for self-driving transportation is on track during the COVID crisis. GM’s Super… Continue reading GM working on semi-autonomous Ultra Cruise to operate on all roads
UK’s first car battery ‘gigafactory’ to be built by two startups
Automotive industry AMTE Power and Britishvolt to invest up to £4bn in plant similar to Tesla facility in US The Tesla-Panasonic Gigafactory in Nevada, whose annual battery production has a total capacity of up to 30GWh. The new facility will produce roughly the same. Photograph: Bob Strong/Reuters Two British startups have announced plans to invest… Continue reading UK’s first car battery ‘gigafactory’ to be built by two startups
US survey: autonomous driving is not yet there
The organization PAVE carried out a survey on autonomous driving in the USA. PAVE is an abbreviation for Partners for Automated Vehicle Education and consists of representatives from industry, research and non-profit organizations. The organization’s survey was aimed at around 1,200 people in the United States and had that Autonomous driving on the subject. Autonomous… Continue reading US survey: autonomous driving is not yet there