Tesla (TSLA) erased $100 billion in value, but it could be worth $1 trillion this year, says top analyst

Tesla (TSLA) saw its valuation crashed by over $100 billion in a matter of days, but one top Wall Street analyst says that the electric automaker could be worth $1 trillion by the end of the year. The broader market has seen a correction over the last few weeks, but the EV sector and Tesla,… Continue reading Tesla (TSLA) erased $100 billion in value, but it could be worth $1 trillion this year, says top analyst

Tesla takes part in deal to take over controversial nickel mine in New Caledonia

Tesla is listed as a “technical partner” in a deal to take over a very large and controversial nickel mine in New Caledonia. Lately, Tesla CEO Elon Musk has been pushing for nickel producers to boost production as he expects the resource could become a bottleneck for battery production. It’s likely the reason why the automaker decided… Continue reading Tesla takes part in deal to take over controversial nickel mine in New Caledonia

VW expects half of U.S. sales to be electric vehicles by 2030

Volkswagen’s ID Buzz vehicle. Aeva Volkswagen is accelerating its plans for all-electric vehicles in a bid to become “the world’s most desirable brand for sustainable mobility,” a title arguably already owned by Tesla. The German automaker Friday morning said more than 70% of its Volkswagen brand’s European sales will be EVs by 2030, up from… Continue reading VW expects half of U.S. sales to be electric vehicles by 2030

Ford delays 4,500 Mustang Mach-E deliveries

Ford Motor Co. confirmed Wednesday that buyers of some 4,500 Mustang Mach-Es —the Blue Oval’s highly touted new electric vehicle — will face delivery delays. That’s a higher number than the hundreds of impacted vehicles the automaker had previously said would be delivered late. Meanwhile, Ford said Wednesday that it will compensate some buyers of the… Continue reading Ford delays 4,500 Mustang Mach-E deliveries

@VW Group: Volkswagen is accelerating transformation into software-driven mobility provider002555

Volkswagen is accelerating its transformation into a software-driven mobility provider. By rolling out the ACCELERATE strategy that it has just unveiled, the company will systematically prepare for the profound changes in the automotive industry in good time. Just as Volkswagen resolutely led the way with its global electric offensive, now it is also accelerating the… Continue reading @VW Group: Volkswagen is accelerating transformation into software-driven mobility provider002555

@VW Group: Project Trinity: With high range, extremely short charging times and revolutionary production, the sedan will launch in 2026002554

Volkswagen is giving a first design preview of Project Trinity: The electrically powered sedan is to be built in Wolfsburg from 2026 and will set new standards in terms of range, charging speed and digitization – and will be able to drive highly automated according to Level 4. The project name Trinity is derived from… Continue reading @VW Group: Project Trinity: With high range, extremely short charging times and revolutionary production, the sedan will launch in 2026002554

@VW Group: Momentous milestone at ŠKODA AUTO’s main plant: 15 million cars from Mladá Boleslav since 1905002554

Michael Oeljeklaus, ŠKODA AUTO Board Member for Production and Logistics, explains: “On this special occasion, I would like to congratulate the entire workforce at the Mladá Boleslav site. Having produced 15 million vehicles, our main plant is a central pillar in the ŠKODA brand’s success; it has long been of great importance to the whole… Continue reading @VW Group: Momentous milestone at ŠKODA AUTO’s main plant: 15 million cars from Mladá Boleslav since 1905002554

Two funds focus on the aluminum for supercars of the 3M of Perugia

made in Italy The historic foundry that serves luxury automotive brands such as Ferrari and Lamborghini has ended up in the sights of Sici Sgr and Next Holding by Silvia Pieraccini The historic foundry that serves luxury automotive brands such as Ferrari and Lamborghini has ended up in the sights of Sici Sgr and Next… Continue reading Two funds focus on the aluminum for supercars of the 3M of Perugia