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The Short:European automaker Volkswagen will spend up to $40 billion over the next five years on developing electric cars and self-driving technology, as well as other mobility initiatives, according to an approved plan announced on Friday.The announcement comes close...
True to its promise, Tesla Motors just revealed the Tesla Semi on Thursday, just a few hours ago.Key Features: Tesla Semi All-electric Big Rig Truck Naturally, it's all-electric, with an independent motor for each pair of wheels on the rear...
At the Web Summit 2017 technology conference in Lisbon today, Volkswagen Group announced that it would be partnering with Google to work on quantum computing, with a focus on AI, EVs and traffic optimization.A special team of researchers will...
Ford, the second largest auto manufacturing company in the United States, today announced that the company will invest $756 million to create a 50-50 joint venture with China’s Anhui Zotye Automobile to build electric cars in China.The JV agreement was...
Ohio-based Workhorse Group Inc. announced Tuesday that tests with the N-Gen electric van will commence in cities in California and Ohio. The commercial electric vehicles manufacturer is already deployed in 14 states across the U.S., and has logged 2...
OPEC, the Organization of Petroleum Exporting Countries, has released this year's World Oil Outlook Report, which showed an increase in projections for oil demand. The 2.2 million barrels a day increase will be reached by 2022, said the report.The...
EV maker Tesla Motors said Tuesday that it had agreed to buy Perbix Machine Co. Inc., a Minnesota-based designer and fabricator of automated manufacturing equipment. The company already has an existing relationship with Elon Musk's company, having provided custom...
Tesla CEO Elon Musk went into some detail about the company's plans to set up a manufacturing unit in China. Earlier this month the Chinese government gave Tesla Motors the green light to start a plant in the PRC,...
It appears that Toyota, once thought of as an "anti-EV" company, is fairly close to cracking the problem of mass producing solid-state battery packs for electric vehicles. There are still several hurdles to overcome, according to Toyota Chairman Takeshi...
Hot on the heels of Panasonic CEO saying that the automation process for battery production for the Model 3 would soon kick in, causing production to rise sharply, Tesla Motors CEO Elon Musk has come out saying that a...
Panasonic CEO Kazuhiro Tsuga today provided some clues as to when the Model 3 production bottlenecks at Tesla's Gigafactory might ease up. Citing automation issues leading to production delays, Tsuga said that automation on the battery production line is expected...
At the C40 Cities Climate Summit in Paris on October 23, the mayors of several major cities such as Paris, Los Angeles and London have pledged to ban gasoline (petrol) and diesel vehicles from "large parts" of their respective...
Back in June Tesla said that it was in talks with the Chinese government about building a factory in the PRC. That discussion has finally fructified, at least in part. Tesla Motors will proceed with the building of a...
A recent article titled "There's a new challenger to lithium batteries", which was originally published on OilPrice.com and carried by Business Insider. In it, the writer highlights a research paper by Stanford researchers that their sodium-based battery could compete...
Tesla Inc is recalling 11,000 Model X vehicles that were built between October 28, 2016 and August 16, 2017 due to issues with the second row seats."During recent internal testing, Tesla determined that a small number of cables in...