Tesla has started another wave of layoffs, and this time it also includes hourly workers instead of just salaried employees like CEO Elon Musk claimed. Earlier this month, we reported on Musk telling Tesla executives in an email that they need to cut 10% of the workforce and pause hiring due to having a “super bad… Continue reading Tesla (TSLA) lays off more employees, and hourly ones this time despite Elon Musk’s comments
Tag: Electric vehicles
Europa Wire: Enel’s innovation and digital arm Enel X partners with Arrival Ltd, an equitable electric vehicles manufacturer, over testing of a zero-emission battery electric bus in Italy000329
Enel’s innovation and digital arm Enel X partners with Arrival Ltd, an equitable electric vehicles manufacturer, over testing of a zero-emission battery electric bus in Italy (PRESS RELEASE) ROME/ LONDON, 17-Jun-2022 — /EuropaWire/ — Enel S.p.A. (BIT: ENEL), an Italian multinational manufacturer and distributor of electricity and gas, has announced that Enel X, its innovation… Continue reading Europa Wire: Enel’s innovation and digital arm Enel X partners with Arrival Ltd, an equitable electric vehicles manufacturer, over testing of a zero-emission battery electric bus in Italy000329
BMW iX prototype to go 600 miles with mixed-chemistry battery pack
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GM ups price of already pricey Hummer EV
Amid rising commodity costs, General Motors Co. is upping the price on its GMC Hummer EV pickup and SUV by $6,250 starting June 18. The base price for the Hummer EV 3X coming this fall will go from $98,400 to $104,650. The Hummer EV 2X available next spring will be $94,650, up from $88,400. And coming spring… Continue reading GM ups price of already pricey Hummer EV
LION ELECTRIC ESTABLISHES CROSS-BORDER US$125,000,000 ATM EQUITY PROGRAM
MONTREAL, June 17, 2022 /PRNewswire/ – The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion” or the “Company”), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that it has established an “at-the-market” equity program (the “ATM Program”) that allows the Company to issue and sell, from time to time through a… Continue reading LION ELECTRIC ESTABLISHES CROSS-BORDER US$125,000,000 ATM EQUITY PROGRAM
@VW Group: Customer-focused, independent, fast: Volkswagen Group realigns structure in China005236
The Volkswagen Group is fundamentally realigning the management model for its organization in China. This will give the region greater autonomy to further strengthen its leading position in the dynamic automotive market. The central element of the realignment is a regional China Board led by Ralf Brandstätter that will take all major decisions in the… Continue reading @VW Group: Customer-focused, independent, fast: Volkswagen Group realigns structure in China005236
German Manager Magazine: Volkswagen: Ralf Brandstätter restructures board in China001849
Politically, Volkswagen is under pressure. That the carmaker operates a plant in the Xinjiang region , where there are concrete reports about the suppression of the Uyghur ethnic group, causes criticism. For the first time now also from the VW supervisory board. “When there are visible human rights violations on the right and left, I… Continue reading German Manager Magazine: Volkswagen: Ralf Brandstätter restructures board in China001849
Qualcomm’s new powerline communication device enables charging station-smart grid communications
Qualcomm’s next-generation powerline communication (PLC) device, the QCA7006AQ, is designed to enable CCS charging station communications. The new PLC device is based on Qualcomm’s QCA700X family of products, which have been widely adopted in EV on-board charging units and charging stations. The QCA7006AQ is compliant with the HomePlug Green PHY (HPGP) specification for vehicle-to-grid (V2G)… Continue reading Qualcomm’s new powerline communication device enables charging station-smart grid communications
What is circular economy and why is it important for India?
Technology has changed the way we live and work since the dawn of the digital revolution. It works to make our lives easier and better all over the world. In this situation, the growth of electronics has also raised a more serious issue of e-waste. Any waste associated with electric and electronic equipment is known… Continue reading What is circular economy and why is it important for India?
Mazda and Mitsubishi Motors to lift prices in Japan
TOKYO — Mazda and Mitsubishi Motors vehicles will cost more in Japan come fall as the nation’s medium-size automakers begin passing on their rising raw materials costs and adjust to the weakening yen. Mazda will raise prices for two models, including the flagship Mazda3 compact, by about 3%. Mitsubishi Motor’s price hike will also be… Continue reading Mazda and Mitsubishi Motors to lift prices in Japan