If you thought Panasonic was the largest EV battery maker in the world, then you'd be forgiven for making a mistake. That accolade goes to a relatively unknown (outside China) entity called CATL. Contemporary Amperex Technology Ltd. is now valued...
Nearly 10 years after the hallmark partnership between Tesla and Panasonic to produce EV batteries for Tesla cars, General Motors and Honda have signed a similar agreement for EV battery development. EV battery development is serious business, and the...
Recent information from Tesla Motors CEO Elon Musk and other sources suggest that the Model 3 production cost could come in as low as $28,000 once production is ramped up to about 10,000 cars a week. One German company...
For those who are unfamiliar with the term, "hypermiling" is when you push your EV to its distance limit by trying to recreate ideal driving conditions, such as minimal elevation, optimal speed, having the air-conditioning off, stripping down accessories...
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...
Oil prices have remained extremely volatile in the last ten years. The price of oil shot up to $140 during the great recession, then fell below $30 in 2016 before recovering to the current above-$50 levels. But so high...
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...