BICESTER, England, Aug 17 (Reuters) – Electric car and van startups racing to become the next Tesla Inc (TSLA.O) all want to avoid Elon Musk’s journey through “manufacturing hell.” But electric vehicle firms such as UK van company Arrival SA (47K.F) and Fisker Inc (FSR.N) are taking very different roads to overcome the challenges of… Continue reading EV startups hunt for low-cost roads to mass production
Tag: Electric vehicles
Tesla expands legal, external relations workforce in China
By Reuters Staff 2 Min Read FILE PHOTO: A logo of the electric vehicle maker Tesla is seen near a shopping complex in Beijing, China January 5, 2021. REUTERS/Tingshu Wang/File Photo BEIJING (Reuters) – Tesla Inc is hiring managers for legal and external relations teams in China, according to a job post on the its… Continue reading Tesla expands legal, external relations workforce in China
Chery expected to realize L4 highly autonomous driving technology in 2025.
In the context of the ongoing automobile technology revolution, Chery takes the lead to introduce the intelligent networking technology and accelerates the transformation from a traditional automobile manufacturer to a high-tech Internet enterprise. In 2018, Chery released its intelligent brand strategy covering Chery’s intelligent planning in the full-life cycle, ranging from R&D, manufacturing, marketing to… Continue reading Chery expected to realize L4 highly autonomous driving technology in 2025.
Six hurt in Tesla crash in British school car park -Telegraph
By Reuters Staff 1 Min Read (Reuters) – Five children and an adult were taken to hospital with injuries after a Tesla Inc Model 3 crashed in a school car park in southern England on Monday, the Telegraph newspaper said. At least one person was said to have been pinned under the electric car in… Continue reading Six hurt in Tesla crash in British school car park -Telegraph
US Gov Investigating Tesla Autopilot for Crashing Into Emergency Vehicles
It’s finally official. Making It Official The US National Highway Traffic Safety Administration (NHTSA) has opened a formal investigation into Tesla’s Autopilot assisted driving software according to a posting on its website — an inflection point that could signal the introduction of self-driving regulations. Explosively, the investigation appears to center on a series of accidents… Continue reading US Gov Investigating Tesla Autopilot for Crashing Into Emergency Vehicles
National Highway Traffic Safety Administration launches investigation into Tesla Autopilot over emergency responder crashes
U.S. auto safety regulators launched an investigation into Tesla’s partially self-driving car system after nearly a dozen reports of the company’s vehicles crashing into cars at the scenes of incidents involving emergency responders. The National Highway Traffic Safety Administration opened the probe Friday into Tesla’s Autopilot, which steers, brakes and accelerates the vehicle on most roads… Continue reading National Highway Traffic Safety Administration launches investigation into Tesla Autopilot over emergency responder crashes
@Ford: Ford-Owned Spin Announces Global Integration with Google Maps, Helping Users Take Advantage of Spin E-bikes and E-scooters as They Plan Their Journeys
Spin, the micromobility unit of Ford Motor Company, is working with Google Maps to provide e-scooters and e-bikes as a transportation option on the platform in Spin’s markets Google Maps users are now able to see Spin vehicle availability as they plan their journeys in 84 cities, campuses, and towns in Europe and North America… Continue reading @Ford: Ford-Owned Spin Announces Global Integration with Google Maps, Helping Users Take Advantage of Spin E-bikes and E-scooters as They Plan Their Journeys
‘Big Short’ investor Michael Burry ramps up his bet against Tesla — and reveals a new wager against Cathie Wood’s Ark Invest
Michael Burry. Jim Spellman/Getty Images Michael Burry raised his bet against Tesla and revealed a new wager against Cathie Wood’s Ark. The “Big Short” investor disclosed puts on about 1.1 million Tesla shares, up from 800,000. Burry’s Scion Asset Management also bought puts on 235,500 shares of Wood’s Ark Innovation ETF. See more stories on… Continue reading ‘Big Short’ investor Michael Burry ramps up his bet against Tesla — and reveals a new wager against Cathie Wood’s Ark Invest
Nio tumbles 7% on reports of a fatal accident involving one of its self-driving SUVs
STR/AFP via Getty Images Electric-vehicle maker Nio tumbled as much as 7% on Monday on news that its autopilot system was involved in a fatal crash in China. A Chinese businessman named Lin Wenqin reportedly died last week while driving a Nio SUV called the ES8 after activating the autopilot system. The ES8 is equipped… Continue reading Nio tumbles 7% on reports of a fatal accident involving one of its self-driving SUVs
The Mormon Church’s secretive $100 billion fund cashed out its GameStop profits — and trimmed its Tesla bet by 13%
A LDS church. Shutterstock The Mormon Church exited its GameStop position and cut its Tesla holdings last quarter. Ensign Peak Advisors disposed of its 46,000 GameStop shares, pocketing as much as $14 million. The church fund sold 13% of its Tesla shares, leaving a stake worth $382 million on June 30. See more stories on… Continue reading The Mormon Church’s secretive $100 billion fund cashed out its GameStop profits — and trimmed its Tesla bet by 13%