Nikola is trying its best to put on a new face, hoping everyone has forgotten about the disastrous start to its life as a public company. To try and undo some of the damage, Nikola CEO Mark Russell appeared on Jim Cramer’s show recently to talk about the company, including the GM deal everyone is […]
This should help speed up the rollout of new Supercharger locations in China: Tesla Inc. plans to start manufacturing EV chargers in China in 2021, according to a document submitted to the Shanghai authorities by the U.S. automaker that is seeking to expand sales in the world’s biggest car market. Tesla, which now sells its […]
Herbert Diess made a few interesting comments in his latest interview: VW is moving toward battery-powered electromobility more resolutely than other long-established automakers. Why? You have to do it consistently if you want traffic to become CO2-free. If you don’t develop combustion and electric vehicles on the same platform, the electric cars will be really […]
For those who enjoy the schadenfreude of watching the oil industry cope with the transition to renewable energy, you’re going to have to read this piece from Simon Watkins on OilPrice.com: The initial public offering (IPO) of Saudi Aramco that was heralded by Crown Prince Mohammed bin Salman (MbS) as being a showcase flotation for […]
Remember how Elon had to buy $20M in Tesla shares after the “funding secured” SEC settlement? Well, the profits on that purchase are now more than double what the entire fine cost. Fate loves irony indeed. Musk has ended up making over 100 million from his sec settlement!! Fate loves irony huh @elonmusk 😂 $tsla […]
Remember when Britain promised to ban the sale of new petrol and diesel cars by 2035? No? Well, now they’re moving that date up to 2030. Much better. As EV technology continues to advance and deployments roll out faster than anticipated, expect to see this kind of thing happening more and more places. “Success will […]
Bloomberg published an interesting analysis on why “We’re Not as Addicted to Fossil Fuels as You Think“. Basically the gist of it is that when you look at amount of energy consumed worldwide, it looks like a really huge number to completely replace with renewable energy sources like solar and wind. But what isn’t immediately […]
There’s been a lot of excitement around Mercedes recently launched EV Sprinter Van in Europe, but Mercedes has decided that it is too shitty to launch in the United States for now. Mercedes has decided not to offer the eSprinter in the U.S. because safety specifications and other performance requirements cannot be sufficiently met. Automotive […]
Here’s the latest today from Ben Klayman and David Shepardson at Reuters: General Motors Co GM.N said on Friday it was recalling 68,677 electric cars worldwide that pose a fire risk after five reported fires and two minor injuries. Reuters Kudos to the Reuters editorial staff for deciding to round the headline up. The recall is for […]
Do we need to state the obvious? Legacy auto sucks at software. So how do our friends at General Motors plan to deal with the increasing importance of software in a world of electric vehicles? General Motors plans to hire 3,000 employees by the first quarter of 2021 to accelerate electric vehicle production and enhance […]
