By Christian Prenzler Posted on April 25, 2018 Santa Clara based electric vehicle startup SF Motors is opening up a new full-scale R&D center in Silicon Valley. SF Motors was founded in January 2016 after a large investment from Sokon Motors, a large Chinese automotive company. The company’s new 130,000 sqft research and development facility… Continue reading SF Motors set sights on EV mass production with latest R&D testing facility
Tag: Financial Results
Mahindra Group creates a new milestone in aligning with Paris Agreement Thirteen Group companies commit to Science Based Targets initiative
Mahindra Group creates a new milestone in aligning with Paris Agreement Thirteen Group companies commit to Science Based Targets initiative Bonn / Mumbai, May 2, 2018: The USD 19 billion Mahindra Group today announced its further commitment to the Science Based Targets initiative (SBTi) at the Bonn Climate Conference currently underway in Germany. Eleven more… Continue reading Mahindra Group creates a new milestone in aligning with Paris Agreement Thirteen Group companies commit to Science Based Targets initiative
Volvo Cars global sales up 12.2 per cent in April
Volvo Cars global sales up 12.2 per cent in April Volvo Cars’ positive momentum continued in April as the premium car maker reported a global year-on-year sales increase of 12.2 for the month, growing in all its main markets. Total sales for the month reached 52,635 cars compared to 46,895 a year earlier. Sales of… Continue reading Volvo Cars global sales up 12.2 per cent in April
Press Releases – Fuel types of new cars: diesel -17%; petrol +14.6%; electric +47% in first quarter of 2018
Brussels, 3 May 2018 – In the first quarter of 2018, 37.9% of all new passenger cars in the EU ran on diesel. Petrol cars accounted for 55.5% of the market, making it the most sold fuel type. Alternatively-powered vehicles accounted for 6.5% of EU car sales in Q1 2018, with electrically‐chargeable vehicles making up… Continue reading Press Releases – Fuel types of new cars: diesel -17%; petrol +14.6%; electric +47% in first quarter of 2018
Tesla stock goes through twists and turns as analysts focus on Model 3 car outlook
Tesla CEO Elon Musk presides over the handover of the first Model 3 cars in August 2017. (Tesla via YouTube) Tesla’s share price took a weird turn today after the company reported its first-quarter financial results and billionaire CEO Elon Musk dissed analysts’ concerns about the Tesla Model 3 mass-market electric car. The raw numbers… Continue reading Tesla stock goes through twists and turns as analysts focus on Model 3 car outlook
Elon Musk offers more detail about Tesla’s ridesharing network
On Tesla’s Q1 2018 earnings call today, Tesla CEO Elon Musk shed some light on the company’s ambitions to launch an autonomous vehicle ridesharing network. The short answer is that, from a technical standpoint, Tesla will be ready by the end of next year, Musk said. It’s not yet clear, however, when Tesla would actually… Continue reading Elon Musk offers more detail about Tesla’s ridesharing network
Aptiv PLC – 10-Q – Quarterly Report
Tesla: Model 3 production could hit 5,000 per week in two months
Engadget One of the major stories about Tesla’s car business has been its struggle to build sufficient quantities of its Model 3 electric car. In a just-released earnings report the company said that prior to its most recent shutdown, it had managed to build over 2,000 cars per week for three weeks in a row… Continue reading Tesla: Model 3 production could hit 5,000 per week in two months
Tesla posts quarterly loss, Model 3 production on track
(Reuters) – Tesla Inc (TSLA.O) on Wednesday posted its worst ever quarterly loss and said its Model 3 production target remains on track, expecting about 5,000 per week in about two months. A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show in Beijing, China April 25,… Continue reading Tesla posts quarterly loss, Model 3 production on track
GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing
GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing 2018-05-02 GO Motor Retailing Limited (GMRL), trading as GO Vauxhall, has acquired 4 additional Vauxhall sites from NOW Motor Retailing in Kingston, Heathrow, Hayes and Staples Corner. The sites will transition into the existing GO Vauxhall London portfolio and will grow… Continue reading GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing