Insurance: Drivers of expensive electric cars often involved in accidents

The French insurance company Axa has found that high quality electric cars Compared to combustion vehicles significantly more involved in accidents. The problem lies with the drivers. August 23, 2019, 8:17 am, Andreas Donath Accidental Tesla (icon) (Image: NTSB) The high torque and the strong acceleration of many expensive electric cars indirectly provide insurers with… Continue reading Insurance: Drivers of expensive electric cars often involved in accidents

China’s latest retaliatory tariffs could pose trouble for Tesla

Sponsored Links AP Photo/Ng Han Guan The escalating trade war between the US and China could have particularly steep consequences for car brands. China’s Finance Ministry has announced countering tariffs across a range of products, including plans to resume a suspended 25 percent extra tariff on US cars on December 15th — with an extra… Continue reading China’s latest retaliatory tariffs could pose trouble for Tesla

Trump adds tariffs to $550 billion of Chinese imports in trade war reprisal

President Trump announced Friday on Twitter that tariffs on Chinese imports will increase 5 percentage points in a tit-for-tat response to China’s own plans to place new duties on U.S. goods. About $250 billion of goods produced by China and imported into the U.S. already have a 25% tariff. This newest increase will push tariffs… Continue reading Trump adds tariffs to $550 billion of Chinese imports in trade war reprisal

China strikes back at U.S. with new tariffs on $75 billion in goods

BEIJING (Reuters) – China said on Friday it will impose retaliatory tariffs against about $75 billion worth of U.S. goods, putting as much as an extra 10% on top of existing rates in the dispute between the world’s top two economies. FILE PHOTO: A U.S. flag on an embassy car is seen outside a hotel… Continue reading China strikes back at U.S. with new tariffs on $75 billion in goods

Tesla and Walmart address solar panel fire issues

US supermarket chain Walmart and Tesla are working to solve the issues which allegedly caused solar panel fires in seven of its stores, Reuters reports. It follows a lawsuit launched by the retailer, alleging “widespread negligence” when the panels were installed on roofs. Clean energy firm SolarCity had installed panels on 240 Walmart stores, and… Continue reading Tesla and Walmart address solar panel fire issues

Bloomberg: LG Chem To Supply Batteries For Tesla Model 3 In China

Tesla Model 3 produced at the Tesla Gigafactory 3 will be equipped with LG Chem batteries – unofficially. According to Bloomberg, Tesla has selected LG Chem as the non-exclusive supplier of lithium-ion battery cells for Model 3 that will be produced at the Gigafactory 3 in Shanghai, China. The origin of this revelation are Bloomberg’s… Continue reading Bloomberg: LG Chem To Supply Batteries For Tesla Model 3 In China

Tesla Gigafactory 4 Possibly To Be Located In Lower Saxony, Germany

Europe is next in queue for the Tesla Gigafactory. The new car production plant might be located in Emden or Emsland in Germany The European Tesla Gigafactory 4 could be located in Lower Saxony. according to the latest reports from Germany. Tesla is reportedly considering Emden and Emsland, which have access to the sea and… Continue reading Tesla Gigafactory 4 Possibly To Be Located In Lower Saxony, Germany

UPDATE 1-Tesla in advanced talks with LG Chem on battery supply in China-source

(Reuters) – U.S. electric vehicle maker Tesla Inc (TSLA.O) is in advanced talks with South Korea’s LG Chem Ltd (051910.KS) to source batteries for vehicles to be made in its Shanghai plant, a person familiar with the matter said. FILE PHOTO – Tesla super chargers are shown in Mojave, California, U.S. July 10, 2019. REUTERS/Mike… Continue reading UPDATE 1-Tesla in advanced talks with LG Chem on battery supply in China-source

Tesla to buy batteries from South Korea’s LG Chem: Bloomberg

FILE PHOTO – Tesla super chargers are shown in Mojave, California, U.S. July 10, 2019. REUTERS/Mike Blake (Reuters) – Tesla Inc (TSLA.O) has agreed to buy batteries from South Korea’s LG Chem Ltd (051910.KS) for electric vehicles manufactured in China, Bloomberg reported on Friday citing people familiar with the matter. The batteries made by the… Continue reading Tesla to buy batteries from South Korea’s LG Chem: Bloomberg

The new Chevy Bolt gained 21 miles of range thanks to a battery chemistry tweak

The 2020 Chevrolet Bolt is going to offer 21 miles more range on a full charge than its predecessors, thanks to a tweak in battery chemistry, the automaker announced Thursday. The new version of the automaker’s flagship electric vehicle will therefore get an EPA-estimated 259 miles of range when it goes on sale later this… Continue reading The new Chevy Bolt gained 21 miles of range thanks to a battery chemistry tweak