Dec 10 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk is “thinking of” leaving his jobs and becoming an influencer, the world’s richest man tweeted on Thursday. “thinking of quitting my jobs & becoming an influencer full-time wdyt,” Musk said in the tweet, without elaborating. It was not immediately clear if Musk, a… Continue reading Tesla’s Musk says he is ‘thinking of’ quitting his jobs
Tag: Electric vehicles
GM plans to start Silverado EV production in early 2023
GM will take the wraps from its Silverado EV at CES 2022, but you’ll have to wait considerably longer to put one in your garage. According to Automotive News, GM has revealed that its mainstream electric pickup will enter production in early 2023 ahead of sales late that year. It’s arriving well after the Hummer… Continue reading GM plans to start Silverado EV production in early 2023
General Motors returns to rare earth magnets with two U.S. deals
Dec 9 (Reuters) – General Motors Co (GM.N) plans to source rare earth magnets for its future electric vehicles from new U.S.-based manufacturing facilities under two separate deals announced on Thursday, a return to an industry the automaker had all but abandoned in the 1990s. The agreements with MP Materials Inc (MP.N) and privately-held Vacuumschmelze… Continue reading General Motors returns to rare earth magnets with two U.S. deals
Ford caps F-150 Lightning orders at 200,000 – CEO Farley
Dec 9 (Reuters) – Ford Motor has stopped taking reservations for the upcoming F-150 Lightning electric pickup, Chief Executive Jim Farley told CNBC host Jim Cramer on Thursday. Farley said F-150 Lightning orders were capped at 200,000: “We had to stop taking reservations because we had so many.” He said Ford originally installed production capacity… Continue reading Ford caps F-150 Lightning orders at 200,000 – CEO Farley
GM forms 2 new partnerships that will create new factories in US
General Motors announced Thursday two new partnerships with manufacturers of raw materials used in electric vehicles that it says will increase its cost efficiency, be environmentally sustainable and create jobs. As part of those partnerships, GM said its new partners will each build a new factory in the United States — one in Fort Worth, Texas, and the other location yet to… Continue reading GM forms 2 new partnerships that will create new factories in US
@GM: General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S. December 9, 202…
General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S. Rare earth materials sourced from Mountain Pass, California, will be manufactured into magnets at new MP Materials production facility in Fort Worth, Texas Rare earth magnets are critical components in GM Ultium Platform EV motors… Continue reading @GM: General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S. December 9, 202…
@GM: General Motors and Vacuumschmelze (VAC) Announce Plans to Build a New Magnet Factory in the U.S. to Support EV Growth December 9, 2021
General Motors and Vacuumschmelze (VAC) Announce Plans to Build a New Magnet Factory in the U.S. to Support EV Growth DETROIT – General Motors (NYSE: GM) is taking another major step forward in creating a strong, sustainable and scalable supply chain for electric vehicles. Today, GM and VAC of Germany announced plans for VAC to… Continue reading @GM: General Motors and Vacuumschmelze (VAC) Announce Plans to Build a New Magnet Factory in the U.S. to Support EV Growth December 9, 2021
@GM: BrightDrop Opens 1st Dealership
BrightDrop Opens 1st Dealership 2021-12-07 DETROIT – Today, BrightDrop announced the opening of its first dealership, BrightDrop Greater Los Angeles in Fontana, California, marking another step toward commercialization of the company’s electric light commercial vehicles (eLCVs) for integration into customer fleets before the end of the year. “BrightDrop aims to be a one-stop shop for… Continue reading @GM: BrightDrop Opens 1st Dealership
Volkswagen’s Herbert Diess to Remain C.E.O., With Less Control
BERLIN — Volkswagen’s chief executive, Herbert Diess, won fresh backing from the automaker’s supervisory board on Thursday, but his responsibilities will be pared as the company seeks to win back investor confidence lost in recent weeks during a dispute about his leadership style. As part of a compromise deal reached with Mr. Diess, 63, more… Continue reading Volkswagen’s Herbert Diess to Remain C.E.O., With Less Control
Solid Power ramps up solid-state battery race with public market debut
Solid Power, the solid-state battery developer backed by Ford and BMW, is hitting the public markets running with a spike in stock price shortly after trading opened Thursday. The company is one of a handful in the electric mobility space to have gone public via a merger with a blank-check firm. Solid Power announced the… Continue reading Solid Power ramps up solid-state battery race with public market debut