Ola Electric, the EV business that spun out of the ride-hailing giant Ola last year, has acquired an Amsterdam-based electric scooter startup as the Indian firm looks to locally produce and launch its own line of two wheelers as soon as this year. The Indian firm said Wednesday it had acquired Etergo, a Dutch firm… Continue reading Ola Electric acquires Etergo, to launch own line of electric two wheelers this year
Tag: Tesla
Compact SUVs: the Baby Lexus arrives and a flurry of electric models (also Tesla)
CROSSOVER The luxury brand of the Toyota Group could offer an exclusive B-suv based on the Toyota Yaris Cross The BX as it may be called is intended for the European and Asian markets, not the USA. by Corrado Canali The luxury brand of the Toyota Group could offer an exclusive B-suv based on the… Continue reading Compact SUVs: the Baby Lexus arrives and a flurry of electric models (also Tesla)
Lithium producers must wait as pandemic slows electric vehicle revolution
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
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