Hertz to buy 65,000 electric cars from Polestar

new York CNN Business — Swedish electric car maker Polestar is selling up to 65,000 electric vehicles to Hertz over the next five years, the companies announced Monday. The move follows an order Hertz placed for 100,000 electric cars made by Tesla in October 2021. Polestar CEO Thomas Ingenlath previously told Automotive News Europe that … Read more

Tesla Gets a Big Win That May Cost Legacy Carmakers Millions

You’re here (TSLA) – Get Tesla Inc Report dominates the electric vehicle market, and its lead is likely to grow. That’s because the manufacturer of the Model 3 sedan and the Model Y SUV is one of the few automakers able to meet demand in the face of supply-chain disruptions and rising prices for raw … Read more

Tesla Suffers Major Blow as Musk Attempts Something New

Tesla TSLA has reportedly closed down its Gigafactory Shanghai production facility for the next four days after China’s largest city on Sunday said it would lock down in two stages to conduct Covid-19 testing over nine days. Coincidentally, Tesla CEO Elon Musk tweeted today that he “supposedly” has Covid-19 again. The Austin, Texas-based electric vehicle … Read more

Tesla aims to sell 20 million EVs annually by early 2030s, says Elon Musk

Tesla recently started production in its German gigafactory. By: HT Auto Desk | Updated on: 27 Mar 2022, 11:15 AM File photo of parked Tesla electric vehicles. (Image used for representational purpose.) (REUTERS) Tesla CEO Elon Musk shared he wants Tesla to strengthen its position as the leader of electric vehicles globally and hence, the … Read more

Electrify America Plans “Human Centered” Charging Stations

Render of an Electrify America charging station in Santa Barbara, CaliforniaPicture: Electrify America Charging stations don’t just have to be some random terminal in a parking lot where you wait for 45 minutes. Instead, they could be more accommodating to you, the waiting human. Electrify America’s CEO Giovanni Palazzo says that the company aims to … Read more

Elon Musk Takes a Trip That Doesn’t Bode Well for Tesla’s Rivals

Elon Musk has arrived in Europe where he is to launch the beginning of a new era of Tesla (TSLA) – Get Tesla Inc Report on the mainland. The electric vehicle maker which produced nearly a million vehicles in 2021 wants to step up a gear and produce more in the coming years. To achieve … Read more

Elon Musk Defends a Threating Tesla Rival

Elon Musk is not known for standing up for his rivals. It’s quite the opposite because he doesn’t like being upstaged. The charismatic CEO of Tesla (TSLA) – Get Tesla Inc Report and SpaceX has just played, for a few tweets, the lawyer of one of the most serious rivals of Tesla, the manufacturer of … Read more

Why Elon Musk and Tesla are banking on a Minnesota nickel mine

As automakers around the world set bold targets for vehicle electrification, many in the industry are looking to nickel — an integral component of most lithium ion batteries — as a major hurdle. While there’s enough nickel in the ground to support a major EV ramp up, there are not enough planned mining projects or … Read more

IEA’s plan to cut oil use

Cyclists photographed in Lisbon, Portugal, in October 2018. kamisoka | Istock Unreleased | Getty Images Speed ​​limits on highways should be cut by at least 10 kilometers per hour (6.2 mph) to help lower oil demand, the International Energy Agency said Friday. The recommendation is part of a wider 10-point plan published by the Paris-based … Read more

I’m Need Audi To Give Us This Gorgeous A6 Avant E-Tron Concept

Picture: Audi Piggybacking off last year’s A6 e-tron Sportback concept, Audi has teased us with some possible forbidden fruit: an EV wagon. The German luxury brand has debuted a wagon version of its A6 e-tron concept dubbed the A6 Avant e-tron. Picture: Audi The Avant e-tron is a preview of a future model set to … Read more