Despite being present in India for four decades, and also being the passenger vehicle market leader, it would only be three decades later that Maruti Suzuki began work on local research and development facilities. Speaking to Autocar India for the ‘75 years of Indian Motoring’ series, non-executive chairman RC Bhargava said it was essentially down to the… Continue reading Inside Maruti Suzuki’s cutting-edge R&D facility
Tag: Electric vehicles
@Tesla: Tesla Announces a Three-for-One Stock Split000092
AUSTIN, Texas., August 5, 2022 – Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a three-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 17, 2022 will receive a… Continue reading @Tesla: Tesla Announces a Three-for-One Stock Split000092
Cleantechnica: Lunar Energy, Founded by Former Tesla Energy Exec, Looks to Lead in Virtual Power Plants 002203
A new energy company founded by a former top Tesla Energy exec just jumped out of stealth mode, and it has an interesting angle to help the ongoing clean energy transition speed up. Furthermore, showing a strong sign of technological innovation and usefulness, rooftop solar power giant Sunrun has just invested a big chunk of… Continue reading Cleantechnica: Lunar Energy, Founded by Former Tesla Energy Exec, Looks to Lead in Virtual Power Plants 002203
Clean Technica: Quarterly US Auto Sales Down Nearly 1 Million While Tesla Sales Up 97% In 3 Years — Q2 2022 vs. Q2 2019002202
US auto sales continue to crash. In the 2nd quarter of 2022, US auto sales were down 20% (-830,642) compared to the 2nd quarter of 2021. They were up 19% (535,191) compared to the 2nd quarter of 2020, but down 22% (-942,390) compared to the 2nd quarter of 2019. In other words, the US auto… Continue reading Clean Technica: Quarterly US Auto Sales Down Nearly 1 Million While Tesla Sales Up 97% In 3 Years — Q2 2022 vs. Q2 2019002202
Clean Tecnica: Tesla Stock Split Sends Small Ripples Throughout The Market 002201
Tesla’s 3:1 stock split went into effect mid-week, so the number of Tesla shares in circulation increased threefold. This is the second Tesla stock split over the last two years. In the first case, Tesla’s 5:1 stock split soared over 70% higher in the month following the announcement. The goal of a split is to… Continue reading Clean Tecnica: Tesla Stock Split Sends Small Ripples Throughout The Market 002201
Ford will open Mustang Mach-E orders for the 2023 model year next week
Ford is set to open up Mustang Mach-E orders for the 2023 model year after the 2022 trims sold out. You’ll have the chance to order one of the EVs starting on August 30th. In addition, Ford has announced some pricing, range and other changes. Premium Mach-Es built starting this fall that have the extended… Continue reading Ford will open Mustang Mach-E orders for the 2023 model year next week
Mercedes-Benz starts production of its first electric SUV in the US
Mercedes-Benz has officially launched production of its all-electric EQS SUV at its Tuscaloosa, Alabama production plant, the company announced today. Earlier this year the German automaker previewed the vehicle — its very first electric SUV — and promised it would be built in the US and available later this fall. While supply chain bottlenecks have… Continue reading Mercedes-Benz starts production of its first electric SUV in the US
@Nio: NIO Inc. to Report Second Quarter 2022 Financial Results on Wednesday, September 7, 2022000447
SHANGHAI, China, Aug. 26, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its second quarter 2022 unaudited financial results on Wednesday, September 7, 2022, before the open of… Continue reading @Nio: NIO Inc. to Report Second Quarter 2022 Financial Results on Wednesday, September 7, 2022000447
@Nio: NIO Inc. Announces Substantial Completion of Independent Internal Review000446
SHANGHAI, China, Aug. 26, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today provided an update on the status of the previously announced independent internal review. As previously disclosed, shortly after the publication of… Continue reading @Nio: NIO Inc. Announces Substantial Completion of Independent Internal Review000446
Ford raises price of all 2023 Mach-Es by $3,000-$8,000, citing increased costs, supply issues
Ford Motor Co. will reopen the U.S. order banks Tuesday for the all-electric 2023 Mustang Mach-E, offering new features including extended range, and raising the price across all trims by thousands of dollars. In a news release Thursday, Ford said it was raising the starting price for the 2023 model “due to significant material cost… Continue reading Ford raises price of all 2023 Mach-Es by $3,000-$8,000, citing increased costs, supply issues