Tesla is rallying after Elon Musk says a new navigation system is coming this weekend

Shares of Tesla were up more than 2%, at $208, in early trading Monday after CEO Elon Musk tweeted that the company’s long awaited maps and navigation software upgrade will launch this weekend. “New nav starts rolling out this weekend,” Musk wrote early Monday. “Should be considered a mature beta at first, so won’t be… Continue reading Tesla is rallying after Elon Musk says a new navigation system is coming this weekend

Nissan Introduces $2,850 Refabricated Batteries For Older LEAF

59 M BY MARK KANE Announces exchange costs for new 24, 30 and 40 kWh LEAF batteries too. Nissan is finally launching the exchange program for Nissan LEAF batteries in Japan that enables LEAF owners to trade in old batteries for refabricated ones. The 24 kWh refabricated batteries for the oldest LEAFs will be offered… Continue reading Nissan Introduces $2,850 Refabricated Batteries For Older LEAF

Startup Phantom for remote control

The startup Phantom from California also relies on the remote control of the vehicles. From next month you may in California Use autonomous test cars where there are no monitoring personnel. That’s what the Startup Phantom specializes in. Phantom vehicle. Source: beebom Should it be an autonomous vehicle to a failure come, so you could… Continue reading Startup Phantom for remote control

World’s First Mass-Market 3D-Printed Electric Car Costs Less Than $10K

The world’s first mass-produced 3D-printed electric vehicle could hit the roads by 2019. Italian startup X Electrical Vehicle (XEV) and Shanghai-based Polymaker, a 3D-printing filament manufacturer, are behind the LSEV—a $9,500 two-seater with a top speed of 42 miles per hour and a range of 93 miles. Except for its windows, tires and chassis, just… Continue reading World’s First Mass-Market 3D-Printed Electric Car Costs Less Than $10K

Hyundai union chief warns of job crisis, says electric cars are ‘evil’

“We’re feeling job anxiety. We’re feeling a sense of crisis,” Ha Bu-young, the head of the Hyundai Motor union, South Korea’s biggest and most powerful union, told Reuters in an interview late last week. ULSAN, South Korea: Hyundai Motor’s union chief warned its workers may face a similar crisis to the one hitting General Motors‘… Continue reading Hyundai union chief warns of job crisis, says electric cars are ‘evil’

Nissan aims to sell 1 million electrified vehicles a year by FY2022

Nissan aims to sell 1 million electrified vehicles a year by FY2022 Nissan M.O.V.E to 2022 midterm plan targets technology evolution with electric vehicle leadership, autonomous driving expansion and the delivery of mobility services   YOKOHAMA, Japan – Nissan Motor Co., Ltd. today unveiled plans to launch growing numbers of electrified vehicles, expand and evolve… Continue reading Nissan aims to sell 1 million electrified vehicles a year by FY2022

Pagani Huayra successor to offer electric & manual option – report

The founder of ultra-desirable supercar manufacturer Pagani has revealed details, via an Italian report, about two upcoming vehicles that should have purists and electric car enthusiasts alike very excited indeed. Horacio Pagani started his company 20 years ago, with the debut of the gorgeous Zonda – a car which was still produced as late as… Continue reading Pagani Huayra successor to offer electric & manual option – report

DongFeng Motor Group and Groupe PSA Establishes a Leasing Joint Venture to Address the Automotive Market in China

WUHAN, China–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): On March 23rd, 2018, DongFeng Motor Group (DFG), Banque PSA Finance (BPF, the captive financing and mobility services provider of Groupe PSA) and DongFeng Peugeot Citroën Automobiles (DPCA), signed a joint venture (JV) agreement aiming to create a financial leasing joint venture to offer especially long term leasing… Continue reading DongFeng Motor Group and Groupe PSA Establishes a Leasing Joint Venture to Address the Automotive Market in China

Daimler launches new DENZA electric vehicle for the Chinese market

Daimler and its Chinese partner BYD continuously invest in DENZA product development for China’s New Energy Vehicle (NEV) market New DENZA electric vehicle brings a refreshed exterior design and extended range of around 500 kilometers Locally sourced and produced, DENZA brand combines Daimler’s vehicle architecture expertise with BYD’s leading battery technology Stuttgart / Shenzhen –… Continue reading Daimler launches new DENZA electric vehicle for the Chinese market

Uber CEO says there will be no more global exit deals

Uber has exited three global markets by selling to rivals, but enough is enough after its deal with Grab so says CEO Dara Khosrowshahi. Following today’s announcement with Grab which sees Uber leave Southeast Asia hot on the heels of exits in China (2016) and Russia (2017), Khosrowshahi told employees that there will be no more repeats… Continue reading Uber CEO says there will be no more global exit deals