AISIN and DENSO to Form a New Company to Develop and Sell Driving Modules for Electric Vehicles

Aisin Seiki Co., Ltd..DENSO Corporation KARIYA (Japan), December 26, 2018 ― Aisin Seiki Co., Ltd. (AISIN) and DENSO Corporation (DENSO) today announced they have formally agreed to form a new company to develop and sell driving modules used for electric vehicles. The new company is named BluE Nexus and will be established in April* 2019.… Continue reading AISIN and DENSO to Form a New Company to Develop and Sell Driving Modules for Electric Vehicles

Local EV makers drive ecosystem for green mobility in Telangana

As the infrastructure slowly gathers pace, there are about 200 EVs plying on the roads in the Telangana. Hyderabad: Even as the Telangana government hunts for that one big name in the electric vehicle (EV) space that can help fire up the EV ecosystem in the state, many local players are revving up their game… Continue reading Local EV makers drive ecosystem for green mobility in Telangana

The arrests of Stadler and Ghosn shake the global automotive in 2018

Published 12/26/2018 12:14:42 CET Great changes in the domes of the automotive: García Sanz leaves Volkswgen; the ‘visionary’ Musk is replaced in the presidency of Tesla and Zetsche announces his withdrawal from Daimler MADRID, 26 Dec. (EUROPA PRESS) – The arrests of managers Rupert Stadler and Carlos Ghosn have shaken the automotive sector in 2018,… Continue reading The arrests of Stadler and Ghosn shake the global automotive in 2018

Nissan production, sales and export results for November 2018

YOKOHAMA, Japan (Dec. 26, 2018) – Nissan Motor Co., Ltd. today announced production, sales and export figures for November 2018. 1. Production Nissan’s global production in November surpassed year-earlier results for the second consecutive month. Production in Japan surpassed year-earlier results for the first time in six months. Production outside Japan declined from a year earlier.… Continue reading Nissan production, sales and export results for November 2018

Elon Musk’s SpaceX And The Russian Space Program Are In A New Space Race, This Time It’s Nuclear

Russia to Musk, “Challenge accepted!” That is the message one gets when parsing the trash-talk from Russia as reported by BGR.

“Elon Musk and SpaceX won’t be leading the reusable rocket space race long, at least not if Russia has anything to say about it. Russia’s Keldysh Research Center has been working on a reusable rocket solution for nearly a decade now, and now it’s ramping up the hype with a new concept video showing how its spacecraft works.

“Speaking with reporters, Vladimir Koshlakov explained that Elon Musk and SpaceX pose no real threat to the group’s plans. Musk, Koshlakov says, is relying on technology that will soon be antiquated, while Russia is looking towards shaping the future of spaceflight.”

It is a little like what you would expect from heavyweight boxers just before a big match on pay-per-view. Except, in this case, it is hard to understand what the stakes are. The first space race was about national pride. Even then, it hardly matters which nation-state reached space first, or that first left a souvenir on the moon.

One would think we had gotten past all that with the success of the international space station. It stands as a testimony to what we can do when we go beyond artificial lines on a map and rise above political differences to be united as one people.

But that’s not what we were saying during the first space race. And it apparently doesn’t fly in the current one. What flies is Elon Musk’s Tesla Roadster. Because where it is, we don’t need roads.

We can easily imagine a future where reusable rockets will come in handy. But there will be plenty of business to go around. In the end, it won’t matter who accomplished it first. As for bragging rights, it is a government versus an individual. And the individual is winning.

That said, the Russians know their way around space. And we can only benefit from their contributions. They also know their way around nuclear. So it only makes sense that they have managed to fuse the two.

Note that this isn’t the first time Russian space officials have verbally jousted with Musk over his ambitions. Vladimir Solntsev, Russia’s general director of RSC Energia, the country’s top spaceflight contractor, suggested that Musk was not going to be able to send paying customers into space and around the moon by next year.

Sontsev is not wrong about what he said. Musk does have the tendency to overpromise. We have not seen Musk’s designs. There is no launch vehicle and no spacecraft. Then again, Musk has one of his cars in space and headed for Mars. Your move, Russia.

CATL Signs Battery Venture Deal With Volvo Owner Geely

5 H BY GASGOO World leader in batteries teams with giant Geely. Zhejiang Jirun Automobile, a subsidiary of Geely Auto, and Contemporary Amperex Technology Co Ltd.(CATL) will set up a joint venture for the research and development, manufacturing and sales of batteries, battery modules and battery packs to enhance their core competence and the ability… Continue reading CATL Signs Battery Venture Deal With Volvo Owner Geely

Tesla Owners Group Donates Mini Teslas To Let Kids Get To Surgery In Style

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Published on December 20th, 2018 |

by Kyle Field

Tesla Owners Group Donates Mini Teslas To Let Kids Get To Surgery In Style

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December 20th, 2018 by Kyle Field

A group of Tesla owners in the UK pulled together to donate a few mini Tesla Model S vehicles to a local hospital. The new vehicles will be used by kids going into surgery to travel into their operating theatre in style.

Going in for surgery at such a young age must be terrifying. The few surgeries I’ve had as an adult scared the wits out of me. Having a fun way to get into the room can really help to set them up with a positive, fun attitude, which can make all the difference in how well they handle the stress. A positive outlook can also speed recovery times and get patients back up and running faster than they would otherwise.

The @TeslaOwnersUK group apparently raised money for the new kid-sized electric Teslas (link to Tesla store), but this could also be a great way for Tesla owner groups around the world to put their referral bonuses to work for a great cause as well. The current Tesla referral program gives Tesla owners a free kid-sized Tesla Model S or a free signature series wall charger after two referrals, and not everybody is going to have kids or need a charger when the time comes.

Tesla or Radio Flyer could also step up to donate a few thousand of the Mini Teslas to hospitals around the world, which would serve as great promotional products for both anyway. I always say that it’s best to get ’em while they’re young and impressional. It’s also fun to tell people that real Teslas are basically powered the same way, with an electric motor and lithium-ion batteries that charge by simply plugging them into any wall outlet. That means cleaner air and less cancer.

The donation is already having a carry-on effect, with other Tesla owners groups around the world looking at the donation as an example of how to make an impact.

Related: Even A 2-Year-Old Kid Can Learn To Drive Electric! (Mini Tesla Review)

Source: Twitter via Reddit

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About the Author

Kyle Field I'm a tech geek passionately in search of actionable ways to reduce the negative impact my life has on the planet, save money and reduce stress. Live intentionally, make conscious decisions, love more, act responsibly, play. The more you know, the less you need. TSLA investor. Tesla referral code: http://ts.la/kyle623

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Tesla shares could surge nearly 27% as it becomes ‘sustainably profitable,’ Baird says

Beck Diefenbach | Reuters
Elon Musk, CEO of Tesla

Shares of electric car maker Tesla could jump sharply in the next year as the company starts making money more consistently, according to an analyst at Baird.

Analyst Ben Kallo reiterated his outperform rating on the stock and hiked his price target to $465 from $411. Kallo's new 12-month price target implies a 26.8 percent upside from Wednesday's close of $366.60.

Tesla shares rose 2.8 percent Thursday, to $376.79.

“We believe the narrative will continue to change from 'TSLA will never make money' to 'TSLA can be sustainably profitable,'” Kallo said in an investor note Thursday. “The narrative on TSLA, particularly in the middle of 2018, was as negative as we have experienced in our coverage, but we believe sentiment will continue to improve as the company proves it can be self-supportive, which should drive sustained share appreciation.”

Tesla reported a surprise third-quarter profit on Oct. 24. Since then, the stock is up more than 27 percent. That quarter was its third profitable one.

“We do not believe the strong Q3 results were a 'flash in the pan' and think TSLA could maintain profitability,” Kallo said. “Further execution will reinforce investor belief the company can be self-supportive, which should be a positive catalyst.”

Tesla shares have had a wild year. At one point, they were down more than 20 percent for 2018. They were also up as much as 22 percent year to date.

Tesla reached its 2018 high after CEO Elon Musk tweeted in August he had “funding secured” to take the company private. He would later walk back what he wrote in the tweet, agreeing to keep the company public. The Securities and Exchange Commission settled with Musk over charges stemming from his tweet. As part of the settlement, Musk agreed to step down as chairman for three years.

Moving forward, “we continue to believe there are several catalysts upcoming which could drive shares higher, and first-half 2019 results could benefit from easy comps given the Model 3 delay,” Kallo wrote. “TSLA could be entering a positive estimate revision cycle, which should coincide with several other catalysts, in our view, including start of European deliveries, initial production in China, introduction/production of new products, and inclusion in the S&P 500.”

—CNBC's
Michael Bloom
contributed to this report.

WATCH: How taxpayers have boosted Elon Musk and Tesla

How taxpayers have boosted Elon Musk and Tesla
10:06 AM ET Mon, 22 Oct 2018 | 07:43

Tesla Model S catches fire—twice—after flat tire in California

2018 Tesla Model S
A week after reports surfaced that a 2014 fire in a Tesla Model S was caused by a bullet fired from inside the car, in the battery of another brand new Tesla Model S caught fire in California.

The owner told local news crews that he was driving on Highway 17, which runs from San Jose to Santa Cruz, California when the low tire pressure warning suddenly went off. He pulled off the highway and waited for a tow.

DON'T MISS: First Tesla Model S Fire Caused By Collision With Road Debris (2013)

After the car was towed to a tire repair shop in Los Gatos, the owner began hearing hissing sounds from the car and went to investigate. When he got to the car, he found flames lapping underneath.

Fire crews came and put out the fire and waited six hours before towing the car to another repair shop in Campbell, California, where it caught on fire again.

CHECK OUT: Director's Tesla Model S catches fire in L.A.

The owner took delivery of the car three months ago and said the car had only 1,200 miles on it.

Coming so quickly after a low tire-pressure warning, the incident sounds similar to some cases in 2013 after the Model S first went on sale where battery fires were caused by cars running over debris in the road.

READ MORE: Tesla Model S To Get Titanium Battery Shield, Plus Deflectors (2014)

Tesla issued two recalls after those events to slow the spread of fire in the battery pack and give drivers more warning to exit the car, and to add physical safeguards below the front of the battery pack to prevent road debris from puncturing the pack at a vulnerable point.

It's not clear whether the latest case had a similar cause.

Another Model S belonging to stage director Michael Morris caught fire suddenly while driving in Santa Monica in June. Tesla says it is investigating both of the latest incidents.