Volkswagen to invest 60 billion euros in e-mobility, digital tech by 2024

FILE PHOTO: The revised logo of German carmaker Volkswagen AG is pictured during a preview of the world’s biggest automaker at the international Frankfurt Motor Show IAA in Frankfurt, Germany September 9, 2019. REUTERS/Wolfgang Rattay FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) will invest 60 billion euros ($66.12 billion) until 2024 to develop electromobility and digital technologies,… Continue reading Volkswagen to invest 60 billion euros in e-mobility, digital tech by 2024

New Ford Mustang Mach-E leaked on Ford’s website

Ford has accidentally published official images and details of the new, all-electric Mustang Mach-E on its website ahead of the car’s planned launch at a special event later this month. The details on the car’s US pricing, performance and range were quickly removed by Ford – but not before these screenshots were taken. The Ford… Continue reading New Ford Mustang Mach-E leaked on Ford’s website

Tesla Model Y vs Ford Mustang Mach-E specs comparison

Ford has been positioning its Mustang Mach-E, its first next-gen all-electric vehicle, against the Tesla Model Y electric crossover. Now that the specs of the Mach-E have leaked, we can make a quick specs comparison with the Model Y. Last year, Ford said that it was going ‘all-in’ on EVs following the ousting of CEO… Continue reading Tesla Model Y vs Ford Mustang Mach-E specs comparison

Ford Mustang Mach-E Revealed To The World Ahead Of Schedule

Leave it to Ford to break the info to the world. The Ford Mustang Mach E is going to be officially unveiled this coming Sunday evening, but due to some super sleuthing by a member of the Mach E forum, the cat horse is out of the bag. At least, large parts of it are,… Continue reading Ford Mustang Mach-E Revealed To The World Ahead Of Schedule

Hyundai: Hyundai Motor Group Launches Future Mobility Venture MoceanLab

MoceanLab to provide mobility services in Los Angeles starting with its pilot carshare service, Mocean Carshare Hyundai Motor Group today established MoceanLab, a mobility service venture, as part of the Group’s larger initiative to create a sustainable, connected future. MoceanLab will provide mobility services in the City of Los Angeles, and expand its services to… Continue reading Hyundai: Hyundai Motor Group Launches Future Mobility Venture MoceanLab

Tesla’s difficult path to profit in six charts

(Reuters) – Tesla Inc’s shares sky-rocketed on Thursday after the electric car maker surprised investors with a rare quarterly profit, and delivered a record number of cars while keeping a lid on costs. FILE PHOTO: A driver steers a Tesla Model S at the Nuerburgring race track, in the western German low mountain range of… Continue reading Tesla’s difficult path to profit in six charts

Lyft is ceasing scooter operations in six cities and laying off 20 employees

In an industry where unit economics and rider utilization are key to running a profitable business, perhaps it’s better to cut your losses early on. Lyft notified employees today that it’s pulling its scooters from six markets: Nashville, San Antonio, Atlanta, the Phoenix area, Dallas and Columbus. “We’re choosing to focus on the markets where… Continue reading Lyft is ceasing scooter operations in six cities and laying off 20 employees

NCM 811 Almost Account For A Fifth Of EV Li-Ion Deployment In China

China is well advanced in switching to the NCM 811 type of lithium-ion cathode for EV batteries. The new NCM 811 lithium-ion battery chemistry takes the Chinese passenger xEV (BEV, PHEV, HEV) market like a storm. According to Adamas Intelligence, In September, NCM 811 was responsible for 18% of passenger xEV battery deployment (by capacity).      The… Continue reading NCM 811 Almost Account For A Fifth Of EV Li-Ion Deployment In China

Tesla Trademarks Cybertruck And CYBRTRK For Electric Pickup Truck

But which name will be applied to the actual truck still remains a bit of a mystery. We’ve just uncovered a Tesla trademark filing for the upcoming Tesla pickup truck. Two names were registered: Cybertruck And CYBRTRK. Which will it be? More Tesla Truck News The reveal of the Tesla truck is set for November… Continue reading Tesla Trademarks Cybertruck And CYBRTRK For Electric Pickup Truck

Lyft Adds Thousands of Hybrids to its Rental Car Fleet, Expanding on Recent Sustainability Efforts

In 2019, we added electric vehicles (EVs) to our rental car fleet, providing a cleaner transportation option for Lyft riders, and increasing net earnings for our driver community. But our work was not yet done: more drivers expressed interest in fuel-efficient vehicles than there were EVs available, so additional cars were needed to meet the… Continue reading Lyft Adds Thousands of Hybrids to its Rental Car Fleet, Expanding on Recent Sustainability Efforts