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CEO Elon Musk Says Tesla Model S Plaid May Come To China Around March
In September last year, Tesla introduced a new Model S Plaid, a 520-mile range sedan that can reach top speeds of up to 320 km per hour, with deliveries starting in 2021.
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TomTom Shares Rise 9% After European Union Decision
The publication in the Official Journal of the European Union specified that new car models must use the technology starting in July 2022, and all cars sold must have it by 2024.
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Waymo, UPS Expand Autonomous Freight Truck Tie-Up Ahead Of Holidays
The company said trial runs would start in the coming weeks, where big rigs equipped with its fifth-generation Waymo Driver technology will deliver for UPS' North American Air Freight unit between facilities in Dallas-Fort Worth and Houston, Texas.
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California OKs $1.4 Billion Plan For Car Chargers, Hydrogen Refueling
The CEC said the plan, approved on Monday, will support California Governor Gavin Newsom's executive order phasing out the sale of new gasoline-powered passenger vehicles by 2035.
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JPMorgan Sues Tesla For $162 Million After Musk Tweets Soured Warrant Deal
According to the complaint, Tesla in 2014 sold warrants to JPMorgan that would pay off if their "strike" price was below Tesla's share price when the warrants expired in June and July 2021.
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Ferrari Unveils Limited-Run Daytona SP3
The Daytona SP3 will be produced in 599 units, with a not-for-everyone price of 2 million euros ($2.26 million) in Italy. Deliveries will start at the end of next year and are expected to be completed in 2024.
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Uber Introduces Revamped Shared Rides Offer In The U.S
Passengers booking a shared ride can now earn additional discounts in Uber credit, not cash, if another rider joins their trip.
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Tesla Climbs As Other EV Makers Hit Brakes After Rally
Investors exchanged $33.8 billion worth of Tesla shares on Wednesday, more than any other company on Wall Street and more than double the turnover of Apple, the second most traded company, according to Refinitiv.
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Fisker Unveils Electric SUVs To Beat Tesla Over Driving Range
Fisker said the base Ocean Sport model will be priced at $37,499 and achieve a driving range of 250 miles per charge.
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Canada's Power Chip Maker GaN Systems Raises $150 Million, Pushes On Electric Car Market
BMW and Toyota Motor Corp have been investors in GaN Systems for several years, and Witham said GaN recently signed its first "capacity agreement" with BMW to guarantee delivery of power chips worth over a quarter of a billion dollars.
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China's WeRide To Launch Robotaxis On GAC's Ontime Ride-Hailing App
Automakers and technology firms are investing billions of dollars in autonomous driving, aiming to take an early lead in what many consider the future of mobility.
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GM's Commercial EV Unit To Supply 5,400 More Vans To Merchants Fleet
GM has outlined plans to double its revenue by 2030 and become the leader in U.S. electric vehicle sales.
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Tesla, Electric SUVs Get Poor Scores From Consumer Reports
Vehicles from Tesla Inc and electric sport utilities from rival brands are among the least reliable models sold in the United States, a reflection of the risks of new technology.
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Ford, GlobalFoundries Say They Will Work Together To Boost Chip Supply
Ford and GlobalFoundries did not disclose any terms of the deal or say whether Ford was providing funding or other commitments to reserve capacity at any of GlobalFoundries' current or future factories.
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GM Aims To Tackle Chip Shortage With New Designs Made In North America
GM is working with seven chip suppliers on three new families of microcontrollers that will reduce the number of unique chips by 95% on future vehicles, said North America, President Mark Reuss.
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Swiss Re, Baidu Team Up In Autonomous Driving Business
Swiss Re will provide risk management expertise and insurance products for Baidu's autonomous driving business, it said without giving any financial terms.
Read More →GM To Retrofit Heated Seat Feature On Newly Sold Vehicles In Mid-2022
The automaker said it will cover the cost to retrofit new vehicles built without the chips needed for the heated and ventilated seats.
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Tesla App Coming Back Online After Server Outage, Musk Says
Tesla Inc chief Elon Musk said on Friday that the company's mobile application was coming back online after an app server outage earlier prevented many owners from connecting to their cars.
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U.S. Supreme Court Rejects Volkswagen Appeals Over Emissions Tampering
The justices refused to hear appeals by VW and German auto supplier Robert Bosch LLC of a lower court ruling allowing Florida's Hillsborough County and Utah's Salt Lake County to seek to hold the companies liable under local laws and regulations barring tampering with vehicle emissions controls.
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British Electric Truck Startup Tevva Raises $57 Million In Funding
Tevva has raised $57 million in its latest funding round to ramp up production at its new London plant and deliver its first vehicles to customers by the end of 2022.
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