UPDATE 2-Electric vehicle maker Nio eyes listing of new China entity

(Reuters) – Electric vehicle (EV) maker Nio Inc’s chief executive said it may list its new Nio China entity, as the cash-strapped company eyed a rebound after selling fewer vehicles during the coronavirus outbreak. Chinese electric vehicle start-up NIO Inc., logo is on display on the trading floor of the New York Stock Exchange (NYSE)… Continue reading UPDATE 2-Electric vehicle maker Nio eyes listing of new China entity

China’s Nio quarterly revenue misses estimates on COVID-19 hit

Chinese electric vehicle start-up NIO Inc., logo is on display on the trading floor of the New York Stock Exchange (NYSE) as NIO stock begins trading during the company’s initial public offering (IPO) at the NYSE in New York, U.S., September 12, 2018. REUTERS/Brendan McDermid (Reuters) – Nio Inc on Thursday reported quarterly revenue below… Continue reading China’s Nio quarterly revenue misses estimates on COVID-19 hit

EXCLUSIVE Volkswagen: CEO Diess plans new offensive against Tesla

Swen gatekeeper / dpa, Audi Mission Tesla-Fight: VW CEO Herbert Diess makes Audi boss Markus Duesmann the project manager of the electric offensive. Volkswagen CEO Herbert Diess (61) is planning a new offensive against electric car market leader Tesla. A Tesla fighter is planned for 2025. In a “Mission T” workshop, corporate and brand directors… Continue reading EXCLUSIVE Volkswagen: CEO Diess plans new offensive against Tesla

Elon Musk says he wants to make a new Tesla truck smaller than the forthcoming Cybertruck

The Tesla Cybertruck’s size will no longer be reduced by 3%, CEO Elon Musk said in a recent tweet. Instead, it will keep its original size. Musk says Tesla will likely create a smaller truck than the Cybertruck “at some point.” Visit Business Insider’s homepage for more stories. Despite previous reports of Elon Musk considering… Continue reading Elon Musk says he wants to make a new Tesla truck smaller than the forthcoming Cybertruck

Volkswagen will sell its new European EVs in a similar way to Tesla — here’s how it works

Volkswagen will sell its all-electric ID family of cars through a hybrid dealer and direct sales model. The new model is effective in Europe only at this point. Volkswagen will announce how it will sell its electric cars in the US at a later date. Visit Business Insider’s homepage for more stories. Tesla famously uses… Continue reading Volkswagen will sell its new European EVs in a similar way to Tesla — here’s how it works

Rivian is building an in-house insurance agency

Rivian is hiring an insurance agency data manager, a job posting that suggests the all-electric automaker is planning to offer its own insurance to customers. The job was first posted by RivianForums, which also reached out to TechCrunch with the tip. Roadshow/CNET also reported about this new position. Rivian wouldn’t provide more details about its… Continue reading Rivian is building an in-house insurance agency

Tesla gives look into Model Y’s impressive durability test in cold weather

Tesla has invited YouTuber JerryRigEverything to take a look at the Model Y’s impressive durability test in cold weather. Just in time for the summer, we get a rare look inside Tesla’s Model Y cold weather testing. The automaker invited YouTuber JerryRigEverything to take a look at Tesla’s testing of the electric SUV at their… Continue reading Tesla gives look into Model Y’s impressive durability test in cold weather

Tesla removes free Supercharging on Model S and Model X

Tesla has removed its mention of free Supercharging on new Model S and Model X orders as part of its new price cuts. As we reported last night, Tesla has cut prices across its lineup except for Model Y. In short, all versions of the Model 3 have seen a $2,000 price cut and all… Continue reading Tesla removes free Supercharging on Model S and Model X

CATL explores new EV battery services, to add capacity: chairman

FILE PHOTO: A sign of Chinese battery maker Contemporary Amperex Technology Ltd (CATL) is seen on its building in Ningde, Fujian province, China August 8, 2018. REUTERS/Stringer BEIJING (Reuters) – China’s top electric vehicle (EV) battery maker Contemporary Amperex Technology Ltd (CATL) is exploring new battery-related services and will expand manufacturing capacity in the next… Continue reading CATL explores new EV battery services, to add capacity: chairman

UPDATE 1-CATL explores new EV battery services, to add capacity – chairman

FILE PHOTO: A sign of Chinese battery maker Contemporary Amperex Technology Ltd (CATL) is seen on its building in Ningde, Fujian province, China August 8, 2018. REUTERS/Stringer BEIJING (Reuters) – China’s top electric vehicle (EV) battery maker Contemporary Amperex Technology Ltd (CATL) is exploring new battery-related services and will expand manufacturing capacity in the next… Continue reading UPDATE 1-CATL explores new EV battery services, to add capacity – chairman