Tesla registers Shanghai electric car firm ahead of ownership rule change

SHANGHAI (Reuters) – Tesla Inc has registered a new electric car firm in Shanghai, as China prepares to scrap rules on capping foreign ownership of new-energy vehicle (NEV) ventures. FILE PHOTO: A man looks at a Tesla Model S car at its showroom in Beijing, China January 29, 2014. REUTERS/Kim Kyung-Hoon/File Photo The new company,… Continue reading Tesla registers Shanghai electric car firm ahead of ownership rule change

Tesla Engineering Chief Takes Break After Musk Displaces Him

Tesla Inc.’s engineering chief is taking a break from the company, weeks after Elon Musk took over production responsibilities during the rocky ramping up of the Model 3 sedan. Doug Field, a senior vice president, is taking time off to recharge and spend time with his family and hasn’t left the company, a spokesman said… Continue reading Tesla Engineering Chief Takes Break After Musk Displaces Him

Tesla Supercharger network grows at record pace in 2018 as competition heats up

Several new electric vehicle fast-charging networks are currently under construction, but Tesla’s Supercharger network is still the one to beat. The California-based automaker is not sitting on its EV charging infrastructure lead as it has been deploying new chargers at a record pace this year. Home Solar Power According to the Supercharger tracker Supercharge.info, Tesla… Continue reading Tesla Supercharger network grows at record pace in 2018 as competition heats up

Elon Musk: Tesla Model 3 dual-motor ordering opens next week

Lucy Nicholson / Reuters In a sign that Tesla’s Model 3 production continues to improve, CEO Elon Musk tweeted that the company will enable ordering of dual-motor versions of the sedan at the end of next week. Customers waiting for a Model 3 in performance or all-wheel-drive trim can find out how much the options… Continue reading Elon Musk: Tesla Model 3 dual-motor ordering opens next week

Tesla engineering head, Doug Field, takes break from company

May 11 (Reuters) – Tesla Inc Senior Vice President of Engineering Doug Field is taking a break from work but is not leaving the company, a Tesla spokesman confirmed to Reuters. “Doug is just taking some time off to recharge and spend time with his family. He has not left Tesla,” the spokesman said on… Continue reading Tesla engineering head, Doug Field, takes break from company

Carlos Ghosn: Range Is No Longer A Concern. Now The Issue Is Price.

May 11th, 2018 by Steve Hanley  Carlos Ghosn may not be as sexy as Elon Musk, but he knows a thing or two about building and selling automobiles, especially electric cars. Since China is ground zero for the electric car market at the moment, it was only appropriate that Ghosn was in Hong Kong last… Continue reading Carlos Ghosn: Range Is No Longer A Concern. Now The Issue Is Price.

Ford F-150 pickup supplier had trail of safety violations before explosion hit plant

Phoebe Wall Howard, Nathan Bomey, Justin A. Hinkley and Eric Lacy, USA TODAY Network Published 11:51 a.m. ET May 11, 2018 Autoplay Show Thumbnails Show Captions Last SlideNext Slide Firefighters wait for magnesium to burn out at a fire in Meridian Magnesium Products of America in Eaton Rapids, Michigan, Wednesday morning, May 2, 2018. (Photo:… Continue reading Ford F-150 pickup supplier had trail of safety violations before explosion hit plant

UPDATE 2-Chinese owner eyes Volvo Cars IPO, picks banks – source

NEW YORK/STOCKHOLM/BEIJING (Reuters) – The Chinese owner of Volvo Cars has hired three investment banks for an initial public offering (IPO) this year that could value the Swedish carmaker in a broad range of $16 billion to $30 billion, a person familiar with the matter said on Thursday. FILE PHOTO: The Volvo logo is seen… Continue reading UPDATE 2-Chinese owner eyes Volvo Cars IPO, picks banks – source

Ford Chairman Bill Ford Jr Says ‘Fairly Large’ Changes in Store For the Automaker

Ford Motor Co shareholders should expect “fairly large” changes in the coming year, Executive Chairman Bill Ford Jr. told Reuters, building on the automaker’s moves to discontinue some North American models and boost electric vehicle investment. Ford has promised to cut costs overall but still faces questions about lagging performance in certain regions and calls… Continue reading Ford Chairman Bill Ford Jr Says ‘Fairly Large’ Changes in Store For the Automaker

Volvo Cars Picks Citi, Goldman, Morgan Stanley on IPO

Volvo Cars owner Zhejiang Geely Holding Group Co. has selected Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley to advise on an initial public offering for the Swedish carmaker this year, according to people with knowledge of the matter. China’s Zhejiang Geely and Volvo have discussed valuing the Swedish automaker in a range of… Continue reading Volvo Cars Picks Citi, Goldman, Morgan Stanley on IPO