Arriving alongside the Aion UT is the Aion V, a Tesla Model Y and Skoda Enyaq-rivalling electric SUV revealed at last year’s Paris motor show. It gets a 224bhp motor and a 90kWh LFP battery, giving a range of 324 miles. In addition to EVs, GAC intends to launch a range of hybrids, plug-in hybrids and “in some cases” pure-ICE… Continue reading Chinese firm GAC confirms UK launch with Volkswagen ID 3 rival
Tag: Tesla
Tesla is one of the three most shorted U.S. auto stocks
Investing.com — Tesla (NASDAQ:TSLA) ranks among the three most shorted U.S. auto stocks heading into the second-quarter earnings season, alongside Rivian (NASDAQ:RIVN) and Quantumscape Corp (NYSE:QS), according to UBS. The latest “comprehensive crowding factor” shows all three names topping the list of short positions across the autos, auto parts, and auto-tech space. UBS constructs its… Continue reading Tesla is one of the three most shorted U.S. auto stocks
Honda & Nissan in Discussion to Co-Develop Advanced Auto Software
Honda Motor Co., Ltd. HMC and Nissan Motor Co., Ltd. NSANY are in discussions to jointly develop and share a foundational software platform for advanced vehicle control systems, per sources. The move is part of their effort to catch up with leading U.S. and Chinese automakers in the growing field of software-defined vehicles (SDVs). The… Continue reading Honda & Nissan in Discussion to Co-Develop Advanced Auto Software
General Motors, LGES to Upgrade Spring Hill Site to Make LFP Batteries
General Motors Company GM and LG Energy Solution’s (LGES) joint venture, Ultium Cells, is upgrading its Spring Hill, TN, plant to manufacture more affordable electric vehicle (EV) battery cells. These new batteries use lithium iron phosphate (LFP) chemistry, which is less expensive than traditional lithium-ion batteries since they don’t rely on costly materials like cobalt… Continue reading General Motors, LGES to Upgrade Spring Hill Site to Make LFP Batteries
Faraday Future faces potential SEC enforcement action after three-year probe
The Securities and Exchange Commission (SEC) has sent letters to Faraday Future founder Jia Yueting and president Jerry Wang, alerting them that they may soon face enforcement actions from the agency as the result of a three-year fraud investigation. The letters, known as “Wells Notices,” state that the commission’s staff has made an internal determination… Continue reading Faraday Future faces potential SEC enforcement action after three-year probe
Buy, Sell or Hold TSLA Stock? Key Tips Ahead of Q2 Earnings
Tesla TSLA is slated to release second-quarter 2025 results on July 23, after market close. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at 40 cents per share and $22.61 billion, respectively. The earnings estimate for the to-be-reported quarter has been revised downward by 1 cent over the past seven days. The bottom-line… Continue reading Buy, Sell or Hold TSLA Stock? Key Tips Ahead of Q2 Earnings
Electric Vehicles Update – Breaking Ground in Accessible Charging Solutions
Liberty Plugins and Wallbox have announced the launch of the Liberty CodeConnect™ Wallbox Charger, a new managed charging solution for electric vehicles. This innovative product combines Wallbox’s Pulsar Plus EV charger with Liberty’s CodeConnect encryption technology, offering a simple and cost-effective solution for charge station management without requiring internet connectivity. Available in 40A and 48A… Continue reading Electric Vehicles Update – Breaking Ground in Accessible Charging Solutions
Tesla reveals Model 3 Plus and Model YL in China as price war heats up
The Model YL has six seats and a true third row, while the Model 3 Plus has longer range than current versions of the electric sedan. The Model YL has six seats and a true third row, while the Model 3 Plus has longer range than current versions of the electric sedan. Andrew J. Hawkins… Continue reading Tesla reveals Model 3 Plus and Model YL in China as price war heats up
Chinese Robotaxis Are Gunning for Global Domination
This post originally appeared on Recode China AI. When Tesla rolled out its much-anticipated pilot robotaxi service in Austin, Texas, last month—a fleet of 10 to 20 Model Y SUVs with “robotaxi” stickers and minor modifications—the tech and automotive worlds paused in awe. But thousands of miles away, executives at China’s leading autonomous driving firms… Continue reading Chinese Robotaxis Are Gunning for Global Domination
‘Maharashtra Will Become EV Capital’ – Fadnavis
Maharashtra Chief Minister Devendra Fadnavis announced that the state will become India’s largest electric vehicle manufacturing hub during the inauguration of Tesla’s first Experience Centre in Mumbai on Tuesday. The world-renowned EV manufacturer Tesla has officially entered the Indian market with its Mumbai facility serving as an Experience Centre, delivery location, logistics unit, and service… Continue reading ‘Maharashtra Will Become EV Capital’ – Fadnavis