Electric Cars
car&bike Team
Jul 16, 2020, 7:03 PM
Tesla Inc's vehicle registrations nearly halved in the U.S. state of California during the second quarter, according to data from Cross-Sell, a marketing research firm that collates title and registration data.
1 Min
car&bike Team | Jul 15, 2020Nissan Bets On New Ariya Electric SUV To Symbolise Its Global Revamp, But Sales Plans ModestNissan Motor Co on Wednesday unveiled the Ariya - an electric SUV and its first all-new global model in five years - hoping it will symbolise its road to recovery after more than a year of scandal and a precipitous decline into earnings losses. But initial sales plans for the Ariya are modest, people with knowledge of the matter told Reuters, an indication that the vehicle will do little to lift Nissan's bottom line.1 min read
car&bike Team | Jul 14, 2020Tesla To soon Finalise The Location For Its New $1.1 Billion Vehicle Assembly PlantTulsa, Oklahoma, is an oil-industry town with a 75-foot (23 m) statue called "The Golden Driller." Austin, Texas, is a progressive city in a conservative state with a thriving software industry and a "Keep Austin Weird" counterculture image. These two very different towns have one thing in common: They are both on the short list to land a $1.1 billion vehicle assembly plant for Tesla Inc - and up to 20,000 new jobs.1 min read
car&bike Team | Jul 14, 2020Electric Carmaker Fisker To Go Public Through SPAC Deal At $2.9 Billion ValuationElectric car maker Fisker will go public through a merger with a blank-check company backed by alternative investment manager Apollo Global Management Inc at a valuation of $2.9 billion, the companies said.1 min read
Seshan Vijayraghvan | Jul 11, 2020BMW iX3 Electric SUV To Be Unveiled On July 14The much-awaited BMW iX3 is all set to make its global debut next week, on July 14, 2020. It's will be the first-ever all-electric SUV from the Bavarian carmaker and will feature the company's fifth-generation BMW eDrive technology.1 min read
car&bike Team | Jul 10, 2020Honda Invests In China's CATL, To Jointly Develop EV BatteriesJapan's Honda Motor Co Ltd will pick up a 1% stake in electric vehicle (EV) battery maker Contemporary Amperex Technology (CATL) and the two will jointly develop EV batteries, the Chinese firm said in a filing on Friday.1 min read
Reuters | Jul 9, 2020Tesla's Musk Approaches A $1.8 Billion BonanzaTesla Inc's blistering stock rally is putting Chief Executive Elon Musk in reach of a payday potentially worth $1.8 billion, his second jackpot from the electric car maker in about two months. Fueled by stronger-than-expected car deliveries, shares of Tesla have surged over 40 per cent in the past seven sessions, elevating the company's market capitalization to $259 billion. More important for Musk's personal finances, Tesla's six-month average market capitalization has reached a record $138 billion.1 min read- Seshan Vijayraghvan | Jul 9, 2020Fisker Raises $50 Million Funding; Will Be Used For Development Of Ocean Electric SUVAmerican electric car manufacturer, Fisker Inc., has announced raising a new $50 million Series C funding from Moore Strategic Ventures, LLC, the private investment vehicle of popular hedge fund manager Louis M. Bacon.1 min read
car&bike Team | Jul 9, 2020Tesla 'Very Close' To Level 5 Autonomous Driving Technology, Says Elon MuskU.S. electric vehicle maker Tesla Inc is "very close" to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.1 min read
