Tag: Electric vehicles

Electric vehicles’ market share small, but set to rise

Automakers view electrification as critical to the future of the automotive space and are accelerating efforts to electrify their fleets. Electric vehicles (EVs) currently make up a small fraction of total automotive sales globally. However, they are expected to gain share over the next several years as governments across the globe — mainly in China… Continue reading Electric vehicles’ market share small, but set to rise

China’s EV startup Faraday Future ends dispute with main investor

January 2, 2019 Chinese electric vehicle developer Faraday Future said on Monday it signed a new restructuring agreement with a unit of its main investor, Evergrande Health Industry Group Ltd, ending a bitter legal fight and clearing the path for raising funds. Season Smart, which agreed to be bought by China’s Evergrande Health, will now… Continue reading China’s EV startup Faraday Future ends dispute with main investor

Tesla Q4 2018 Vehicle Production & Deliveries, Also Announcing $2,000 Price Reduction in US

PALO ALTO, Calif., Jan. 02, 2019 (GLOBE NEWSWIRE) — In Q4, we produced and delivered at the rate of nearly 1,000 vehicles per day, setting new company records for both production and deliveries.Production in Q4 grew to 86,555 vehicles, 8% more than our prior all-time high in Q3. This included:61,394 Model 3 vehicles, in line… Continue reading Tesla Q4 2018 Vehicle Production & Deliveries, Also Announcing $2,000 Price Reduction in US

Tesla Announces Date for Fourth Quarter and Full Year 2018 Financial Results and Webcast

PALO ALTO, Calif., Jan. 18, 2019 (GLOBE NEWSWIRE) — Tesla will post its financial results for the fourth quarter and full year ended December 31st, 2018 after market close on Wednesday, January 30th, 2019.  At that time, Tesla will issue a brief advisory containing a link to the Q4 and full year 2018 Update Letter,… Continue reading Tesla Announces Date for Fourth Quarter and Full Year 2018 Financial Results and Webcast

UPDATED: Daimler Partners with Otonomo to Provide Connected Car Customers with New Services while Delivering on the Promise of Data Privacy

Herzliya, Israel, Jan. 09, 2019 (GLOBE NEWSWIRE) — Otonomo, the first neutral automotive data services platform, today announced that it has partnered with Daimler AG on a Neutral Server initiative to provide Mercedes-Benz connected car customers with exciting new services while adhering to international data privacy regulations.Services that will be delivered to customers include usage-based… Continue reading UPDATED: Daimler Partners with Otonomo to Provide Connected Car Customers with New Services while Delivering on the Promise of Data Privacy

RENAULT: Board of Directors Communication – January 24, 2019

RENAULT: Board of Directors Communication – January 24, 2019 PRESS RELEASE                                                                                                       2019/01/24 Board of directors communication Boulogne-Billancourt, 24 January 2019 – Renault’s Board of Directors met on January 24, 2019 at 10 a.m. under the chairmanship of Philippe Lagayette, Lead Independent Director. The Board has taken note of the resignation of its current Chairman and… Continue reading RENAULT: Board of Directors Communication – January 24, 2019

DropCar Provides Update on B2B Managed Services and SaaS Initiatives

NEW YORK, Sept. 13, 2018 (GLOBE NEWSWIRE) — DropCar, Inc. (NASDAQ:DCAR), a leading provider of app-based mobility services and logistics for both automotive business providers and consumers, today issued an update on the progress being made with its B2B managed services and SaaS efforts.“Last week, we announced the positive results we have seen in our… Continue reading DropCar Provides Update on B2B Managed Services and SaaS Initiatives

NVIDIA GeForce RTX Powers Record Number of New Gaming Laptops

LAS VEGAS, Jan. 06, 2019 (GLOBE NEWSWIRE) — CES — NVIDIA today announced that the world’s top manufacturers are bringing to market a record number of laptops based on its revolutionary Turing GPU architecture — including the fastest, thinnest and lightest systems ever created.More than 40 new laptop models in 100-plus configurations will be available later… Continue reading NVIDIA GeForce RTX Powers Record Number of New Gaming Laptops