Tag: Electric vehicles

XPeng launches ‘Smart Driving Points’ beta, eerily similar to Tesla’s ‘Safety Score’

Chinese EV automaker XPeng Motors has taken a play out of Tesla’s book and will implement a ‘Smart Driving Points’ scoring system to ensure future owners don’t abuse its self-driving technology. The safety monitoring system has launched in beta form ahead of a 2022 rollout, and appears to be eerily similar to Tesla’s recent ‘Safety… Continue reading XPeng launches ‘Smart Driving Points’ beta, eerily similar to Tesla’s ‘Safety Score’

Autonomous vehicle maker Nuro secures $600M for expansion

Silver Spring, Md. — Electric vehicle maker Nuro said Tuesday it had secured $600 million in funding from Google, Kroger and others to continue the development of its autonomous delivery vehicle service. The Silicon Valley robotics company has already made thousands of grocery deliveries with Kroger as a part of a 2018 partnership. More: Robots hit the… Continue reading Autonomous vehicle maker Nuro secures $600M for expansion

Tesla’s Elon Musk bemoans German red tape, again

By Reuters Staff 2 Min Read Slideshow ( 2 images ) FRANKFURT (Reuters) – Tesla Inc Chief Executive Elon Musk took to Twitter to bemoan a consultation process launched on Tuesday for local citizens to express objections to a huge factory he is building near Berlin. The process, being repeated over concerns the first time… Continue reading Tesla’s Elon Musk bemoans German red tape, again

New York hedge fund stands to make over $5bn on Avis Budget share surge

Receive free Avis Budget Group Inc updates We’ll send you a myFT Daily Digest email rounding up the latest Avis Budget Group Inc news every morning. A New York hedge fund stands to make billions of dollars on a sudden leap in the shares of Avis Budget, the once ailing rental car company that catapulted… Continue reading New York hedge fund stands to make over $5bn on Avis Budget share surge

Ford’s selling electric crate motors based on the one in the Mach-E

Ford has started selling an electric crate motor based on the one that powers the GT version of the Mustang Mach-E. The “Eluminator e-crate motor” makes 281 horsepower, 317 pound-feet of torque, and costs $3,900. The motor is just the first in a series of EV building blocks Ford says it plans to sell, like… Continue reading Ford’s selling electric crate motors based on the one in the Mach-E

Elon Musk’s wealth is now three times more than that of Mukesh Ambani’s

Elon Musk There appears to be no ceiling for the growth in wealth of the world’s richest man and owner of Tesla Inc, Elon Musk. Monday’s over 8 per cent rally in shares of the electric vehicle company saw Musk’s wealth surge $9 billion in a day to over $311 billion. The surge in his… Continue reading Elon Musk’s wealth is now three times more than that of Mukesh Ambani’s

Fisker Secures Long-term Battery Capacity With CATL for the Fisker Ocean SUV

Fisker and CATL agree to over 5 gigawatt-hours (GWh) annual battery capacity for the Fisker Ocean SUV. Fisker will utilize CATL’s unique dual-chemistry cell capability to optimize performance, application, cost and market position across the Fisker Ocean option package lineup. Fisker and CATL to optimize battery pack structure to support Fisker Ocean packaging requirements. CATL… Continue reading Fisker Secures Long-term Battery Capacity With CATL for the Fisker Ocean SUV

Tesla recalls 11,704 vehicles after identifying Full Self-Driving Beta software error

Tesla voluntarily recalled nearly 11,704 vehicles after identifying a software error that could cause a false forward-collision warning or unexpected activation of the automatic emergency brake system, the National Highway Traffic and Safety Administration said. All of the affected vehicles had early access to the automaker’s “Full Self-Driving Beta,” it’s advanced driver assistance system. The… Continue reading Tesla recalls 11,704 vehicles after identifying Full Self-Driving Beta software error

Autos & Transportation · 2:19 PM UTCMusk says Tesla has not signed a contract with Hertz yet, halts stock rallyTesla Inc’s top boss Elon Musk said the…

Nov 2 (Reuters) – Tesla Inc’s (TSLA.O) top boss Elon Musk said the company had not signed a contract with Hertz, more than a week after the car rental firm announced a massive deal with the electric carmaker. Tesla’s shares fell 4% in early trading on Tuesday, after a steep jump following the news of… Continue reading Autos & Transportation · 2:19 PM UTCMusk says Tesla has not signed a contract with Hertz yet, halts stock rallyTesla Inc’s top boss Elon Musk said the…