The very different results of the Car maker In the first half of the year, industry expert Ferdinand Dudenhöffer “revealed hidden problems”. The car sales of the Volkswagen-Group was down 28 percent, from Toyotabuckled by 29 percent. But Volkswagen lost 415 euros per car, while Toyota 533 euros and the French Opel-Mother PPEeven made 707… Continue reading German Manager Magazin: According to Ferdinand Dudenhöffer, Volkswagen produces too expensive000054
Tag: Tesla
Electric vehicle chassis provider Motiv announces fresh funding
(Reuters) – Motiv Power Systems, which provides chassis and software systems for medium-duty trucks and buses, said on Monday it had secured $15 million in additional funding from GMAG Holdings Corp to fund technology and scaling up its manufacturing operations. The latest funding follows a $60 million funding round last October led by GMAG, Motiv’s… Continue reading Electric vehicle chassis provider Motiv announces fresh funding
Tesla fights back against owners hacking their cars to unlock performance boost
Tesla is starting to fight back against owners who are hacking their cars to unlock a performance boost that the automaker is itself selling as a software update. For a few years now, Tesla started selling vehicles with upgradable software-locked capabilities, like 75 kWh battery pack software-locked at 60 kWh or higher power outputs enabled… Continue reading Tesla fights back against owners hacking their cars to unlock performance boost
Chinese EV Maker Nio Plans Global Expansion Starting With Europe Later This Year
Nio Inc (NYSE: NIO) Chairman William Li said Thursday that the electric vehicle maker has plans to expand into other markets in the second half of 2020, CNBC reported. What Happened The Telsa Inc (NASDAQ: TSLA) rival is considering a foray into countries that are electric vehicle-friendly. “We hope to begin with Europe,” Li told reporters, without giving… Continue reading Chinese EV Maker Nio Plans Global Expansion Starting With Europe Later This Year
Tesla is rolling out suspension update with real-time visualization
Tesla has started rolling out a new suspension update with real-time visualization of the suspension for Model S and Model X vehicles equipped with the new fully-adaptive damping suspension. Model S and Model X vehicles have long been equipped with a standard “smart” air suspension, but when Tesla launched the new Raven Model S and Model… Continue reading Tesla is rolling out suspension update with real-time visualization
Tesla applies to add short-range interactive motion-sensing device inside cars
Tesla has applied to add a motion sensor inside its vehicles that would help detect if a child is left behind in a hot car. Back in 2018, Tesla launched a new ‘Enhanced Anti-theft’ sensor as aftermarket product that included a motion sensor for Model S and Model X. But the goal of that device… Continue reading Tesla applies to add short-range interactive motion-sensing device inside cars
Chinese Tesla rival Nio wants to lower the price of owning an EV by selling cars and leasing their batteries
On Thursday, Chinese electric vehicle maker Nio announced plans for a “battery as a service” option with its cars. The company will let buyers lease their batteries for about $150 per month, lowering the purchase price of the car. Customers will have access to battery-swap locations and chargers throughout China, Nio said. Visit Business Insider’s… Continue reading Chinese Tesla rival Nio wants to lower the price of owning an EV by selling cars and leasing their batteries
Chinese electric car brand NIO may export a battery-swapping service
Beijing – Chinese electric car brand NIO plans to start expanding to Western markets next year and might export a battery-swapping service that could help it compete with rival Tesla, the company’s chairman said Thursday. NIO, founded in 2014, pushed back foreign plans due to the coronavirus pandemic, William Li told reporters. He said the company… Continue reading Chinese electric car brand NIO may export a battery-swapping service
China’s budget EV maker Kandi eyes setting up North American manufacturing plant
(Reuters) – Chinese battery and electric car maker Kandi Technologies Group Inc said on Thursday it is actively exploring setting up an electric and off-road vehicle manufacturing plant in North America. The U.S.-listed company said it is in the early stages of discussions with various partners, including local government agencies from the U.S.-Mexico border, but… Continue reading China’s budget EV maker Kandi eyes setting up North American manufacturing plant
Lucid Motors boasts it will have ‘the fastest charging electric vehicle ever offered’
Lucid Motors announced that its forthcoming all-electric sedan, the Lucid Air, will be the “fastest charging electric vehicle ever offered.” The company claims the Air will have the capability to charge at rates of up to 20 miles per minute — which translates to 300 miles in about 20 minutes. This charging time is possible… Continue reading Lucid Motors boasts it will have ‘the fastest charging electric vehicle ever offered’