Audi and Mercedes-Benz vehicles arriving in 2019 will be equipped with a new set of innovative features for their drivers: HERE Real-Time Traffic. Just one year ago, HERE CEO Edzard Overbeek wrote that collaboration and partnerships will pave the way to the autonomous world. That’s a brilliant directive, but when the time comes to take… Continue reading New Audi and Mercedes-Benz vehicles will hit the road loaded with HERE traffic data
Tag: Autonomous
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Mobileye, the Israeli-based automotive sensor company acquired by Intel in 2017, is leveraging the huge amounts of data it can collect to help build precise maps of the UK’s roads and infrastructure. The company announced at CES 2019 that it has reached an agreement with Ordnance Survey to help the UK mapping agency bring high-precision… Continue reading Mobileye is using its sensors to create detailed maps of the UK
Tesla Model Y Price Rumors & Specs, + Urban Supercharger Specs
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Published on January 8th, 2019 |
by Steve Hanley
Tesla Model Y Price Rumors & Specs, + Urban Supercharger Specs
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January 8th, 2019 by Steve Hanley
Tesla has been quiet about the upcoming Model Y, probably not wanting to hurt demand for the Model 3. As far as anyone knows, the Model Y will be based on the Model 3 platform, which makes perfect sense. Beyond that, very little hard information about Tesla’s compact SUV has made it into the public domain. Will it have falcon-wing doors? Range? Price? All of that information has stayed locked away inside the company. …
Until now.
“The Tesla Show” says it got dished some inside information from “a little birdie” and shared that with the world in a tweet on January 6.
There are some interesting tidbits in there. First, the Model Y will be all-wheel drive only (which was expected if not previously stated). A base price of $35,000 to $40,000 tracks nicely with prices for the Model 3, which will start at $35,000 (eventually) for the standard range version. The dual motor option on the Model 3 is a $5,000 upgrade.
Second, Tesla may be planning a Hardware 3.5 upgrade that will add more cameras and radar to the existing Hardware 2 package. Hardware 3 will include the new Tesla-designed and -engineered self-driving computer that is 1,000 times faster than the Nvidia Drive PX2 used in the cars being manufactured today. It will be interesting to see how the extra inputs affect the Autopilot experience and whether they can be retrofitted to existing cars.
As to whether the new information is accurate or not, Ryan McCaffrey, host of the “Ride The Lighting” podcast, confirmed that the same “little birdie” provided him with the same supposed insider scoop. The official reveal of the Model Y is expected sometime in the spring, possibly in March.
Urban Charger Details
Also on January 6, Tesla aficionado Vincent tweeted a photo that provides details about Tesla’s Urban Charger, which is more powerful than a home charger but not as powerful as the Superchargers that accompany major transportation routes.
Twitter user David Rees added these details and a tweak on the use of ‘new’ in the tweet: “Those aren’t that new, Tesla has been using these stalls for a while, around Sept 2017. They are called ‘urban’ Superchargers and max out at 72 kW. The original style pairs two plugs to one cabinet capable of 330A continuous, max 120 kW per plug. Urban plugs always deliver 72 kW max, where the others you can start off slower if someone else is paired off the same cabinet. Always look for an unpaired plug at the 120 kW stations for max charge rate! They are almost always clearly marked 1A/1B, 2A/2B, etc.” Oh, I actually wrote about these Urban Superchargers back in September 2017.
Tesla CEO Elon Musk indicated recently that Tesla is concentrating on bringing chargers like the one shown above to urban areas, particularly apartment and condo dwellers who do not have easy access to private chargers. Not every Tesla owner has a private garage. Expanding the charging infrastructure will be critical for sales to reach as many potential customers as possible.
About the Author
Steve Hanley Steve writes about the interface between technology and sustainability from his home in Rhode Island and anywhere else the Singularity may take him. His motto is “Democracy is socialism.” You got a problem with that?
You can follow him on Google + and on Twitter.
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Analyst adds Ferrari, Penske to list of top auto stocks for 2019
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5:08 PM ET Wed, 26 Dec 2018 | 02:48
Brands like Penske and Ferrari could be some of the top auto stocks to buy in the new year, Consumer Edge Research's Jamie Albertine told CNBC on Wednesday.
The automotive research analyst's recommendation follows his November call that higher used-car sales could extend into 2019 “in a major way.”
Carrying a high return on invested capital, or ROIC, Penske Automotive Group has begun moving into the used car retail business, he said. The Bloomfield Hills, Michigan-based company is looking to attract customers seeking value on the used car market, allowing Penske to compete with platforms like Carmax and Carvana, which Albertine said last month has taken advantage of an industry under pressure from tariffs and changing consumer tastes.
“Penske's getting into standalone used sales [with] a lot more force,” he said on CNBC's “Closing Bell,” adding that he has seen a “pivot” among consumers “from new- to late-model used vehicles as the off-lease supply comes back to market.”
Penske shares climbed 2.59 percent on Wednesday amid a marketwide surge, but the stock is down more than 16 percent for the year.
Italian luxury sports car manufacturer Ferrari's stock is another one to watch as the company ramps up production from the 9,000 units it makes annually to north of 14,000 a year, Albertine said. The company is planning to boost car production by as much as 55 percent over the next seven years, he added.
“From a brand perspective, [Ferrari has] one of the most protected customer-loyal brands in the history of luxury, broadly,” he said.
“So, again, focus on quality there, but also some key EBIT margin expansion [and] production expansion, over the … near to medium term,” he said, referring to earnings before interest and taxes, a corporate profitability measure.
Ferrari bounced from a 52-week low Wednesday morning and gained more than 2 percent intraday. The stock is down more than 6 percent from the start of 2018.
Albertine also mentioned General Motors as a stock to watch as the company makes progress in the autonomous vehicle sector with Cruise Automation. Shares of the embattled automaker rose 3.55 percent Wednesday, but have lost over 18 percent for 2018.
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