Tesla (TSLA) Q3 2022 preview: Here’s what to expect

Tesla (TSLA) is about to release Q3 2022 financial results on Wednesday, October 19, after the markets close. As usual, a conference call and Q&A with Tesla’s management are scheduled after the results. Here we’ll take a look at what both the street and retail investors are expecting for the quarterly results. Tesla Q3 2022… Continue reading Tesla (TSLA) Q3 2022 preview: Here’s what to expect

Foxconn wants to be for Tesla what it is to Apple

Foxconn, the Taiwan-based manufacturing giant, says that it wants to build electric vehicles for Tesla like it builds iPhones for Apple. At its annual Tech Day today, Foxconn unveiled a new electric pickup truck and a new electric crossover. The manufacturing company has now unveiled a full lineup of electric vehicles that it can produce… Continue reading Foxconn wants to be for Tesla what it is to Apple

Europa Wire: Transmission production milestone for the production plant of ŠKODA AUTO in Vrchlabí, the Czech Republic000383

Transmission production milestone for the production plant of ŠKODA AUTO in Vrchlabí, the Czech Republic  Transmission production at the Vrchlabí plant started in October 2012 To date, more than four million DQ200 transmissions have been produced and are used throughout the Group Over 200 million euros have been invested in the site’s ongoing modernisation so… Continue reading Europa Wire: Transmission production milestone for the production plant of ŠKODA AUTO in Vrchlabí, the Czech Republic000383

Warren Buffett-backed BYD pops more than 5% after Chinese EV maker forecasts surging profits

Warren Buffett-backed BYD said it expects a more than 300% jump in third-quarter profit. Despite headwinds including a resurgence of Covid in China, rising material costs and a slowing economy, BYD has remained fairly resilient. Nathan Laine | Bloomberg | Getty Images Shares of Chinese electric carmaker BYD rose Tuesday after the company forecast a… Continue reading Warren Buffett-backed BYD pops more than 5% after Chinese EV maker forecasts surging profits

GM tests limits of Cadillac’s brand power with $300,000 Celestiq electric car

2024 Cadillac Celestiq Cadillac DETROIT – Cadillac is testing the limits of its brand allure and pricing power with the 2024 Celestiq – a large, bespoke electric car that will start at more than $300,000. The vehicle – unveiled Monday night – launches the General Motors brand into the ultra-luxury segment against the likes of… Continue reading GM tests limits of Cadillac’s brand power with $300,000 Celestiq electric car

11 more crash deaths are linked to automated-tech vehicles

Detroit — Eleven additional people were killed in U.S. crashes involving vehicles that were using automated driving systems during a four-month period earlier this year, according to newly released government data, part of an alarming pattern of incidents linked to the technology. Ten of the deaths involved vehicles made by Tesla, though it is unclear… Continue reading 11 more crash deaths are linked to automated-tech vehicles

Electric vehicles take center stage at pared-back Paris auto show

Europe is leading the push into battery-powered cars as electric vehicles enter the mainstream — even as the industry faces challenges including supply shortages, a spotty charging network and a looming recession. The electric-as-routine approach is on display this week at a slimmed down Paris auto show as carmakers show off models aimed at fulfilling… Continue reading Electric vehicles take center stage at pared-back Paris auto show

Michigan will be competing for 3rd Stellantis battery plant in North America

Detroit ― Michigan will be competing for a third battery plant battery plant in North America for the maker of Jeep SUVs and Ram pickup trucks, Mark Stewart, Stellantis NV’s chief operating officer, said on Tuesday, as the automaker prepares for a more rapid adoption of electric vehicles. Stewart said Stellantis is expecting that it’ll… Continue reading Michigan will be competing for 3rd Stellantis battery plant in North America

@VW Group: Volkswagen Group and Xanadu establish quantum simulation program for battery materials005991

Volkswagen Group and Canadian quantum technology company Xanadu have established a multiyear research program to improve the performance of quantum algorithms for simulating battery materials. The goal is to reduce computational costs and accelerate Volkswagen’s adoption of quantum computers to develop battery materials that are safer, lighter, and more cost-effective. Accurate and efficient simulation of… Continue reading @VW Group: Volkswagen Group and Xanadu establish quantum simulation program for battery materials005991