Tag: Electric vehicles

Renault-backed Beyonca EV venture touts health monitoring, targets Audi in China

BEIJING, Oct 30 (Reuters) – Beyonca, a start-up founded by a group of former Volkswagen executives, plans to take on the likes of Audi and BMW in China from next year with a new premium electric vehicle, betting that features such as health monitoring will appeal to buyers. Led by current Renault China CEO Soh… Continue reading Renault-backed Beyonca EV venture touts health monitoring, targets Audi in China

PE funds in electric vehicles may cross $1 billion in 2022

Private equity investment in India’s electric vehicle (EV) industry could top a billion dollars this year, say experts, as investors see new policy initiatives and rising cost of fossil fuel accelerating the adoption of green mobility. Investors pumped in $904 million through 26 deals in the nine months to the end of September, including in… Continue reading PE funds in electric vehicles may cross $1 billion in 2022

Motley Fool Special Interview: Ford’s New CEO Jim Hackett and Chairman Bill Ford – The Motley Fool

Ford Motor Company (F 2.00%) has a new CEO — and we had a chance to talk to him on Monday. Jim Hackett, the former Steelcase CEO who had been running Ford’s future-tech subsidiary, is taking the top job effective immediately, Ford announced on Monday. Hackett replaces Mark Fields, who stepped down amid concerns about Ford’s… Continue reading Motley Fool Special Interview: Ford’s New CEO Jim Hackett and Chairman Bill Ford – The Motley Fool

Lightning Speed – DBusiness

Courtesy of Ted Gushue Expectations were low when Ford Motor Co.’s product development team set out to work up a new battery-electric SUV nearly seven years ago. Intentionally so. The Dearborn-based automaker had little success with its earlier model, the Focus EV, and sales of all-electric vehicles, in general, seemed to be going nowhere. Ford… Continue reading Lightning Speed – DBusiness

Mercedes-Benz CEO says luxury drivers will help spur the transition to electric vehicles – CNBC

A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters Mercedes-Benz CEO Ola Kallenius told CNBC’s Jim Cramer that while he thinks there will be a market for vehicles with internal combustion engines for a… Continue reading Mercedes-Benz CEO says luxury drivers will help spur the transition to electric vehicles – CNBC

Cleantechnica: The “Delivery Wave” At Tesla Is Causing Problems With Logistics, Not Demand 002346

I’ve been monitoring Tesla deliveries for years. My job depends on it. Typically, Tesla vehicle deliveries are concentrated at the end of the quarter as the electric automaker scrambles to make (or beat) “the numbers” predicted by Wall Street analysts. Why? This often acts as a catalyst to increase investor confidence. In turn, the company’s stock… Continue reading Cleantechnica: The “Delivery Wave” At Tesla Is Causing Problems With Logistics, Not Demand 002346

Elon Musk has reportedly ordered layoffs across Twitter

Elon Musk has ordered company-wide layoffs at Twitter, according to The New York Times. On Saturday, the SpaceX and Tesla executive reportedly told managers to begin drawing up lists of employees to cut. Twitter did not immediately respond to Engadget’s request for comment. The Times could not determine how much of Twitter’s workforce Musk plans… Continue reading Elon Musk has reportedly ordered layoffs across Twitter

GM pulls paid ads from Twitter after Elon Musk takes over social media platform

General Motors announced late Friday it is suspending its paid advertising on Twitter, shortly after Elon Musk, the co-founder and CEO of Tesla, took control of the social media platform. It was unclear how long the move would last or what it would cost Twitter, but in a statement to the Free Press, the automaker… Continue reading GM pulls paid ads from Twitter after Elon Musk takes over social media platform

Rivian’s new Pet Comfort mode keeps dogs, cats cool in vehicles

The best new thing in the world today comes from electric vehicle maker Rivian, which has added a feature to keep pets safe and comfortable when left for a short time in its R1T pickup and R1S SUV. The Pet Comfort setting allows owners to keep dogs or cats safe and cool when left in… Continue reading Rivian’s new Pet Comfort mode keeps dogs, cats cool in vehicles