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Tesla Solar Roof price hikes lead to $6 million settlement

Teslarati

Tesla has reached an agreement to settle a class-action lawsuit brought forth by Solar Roof customers who were faced with higher prices for installations in 2021. The settlement amounted to a bit over $6 million, as per a document from the United States District Court in San Francisco.

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China to allow extended sales periods for ICE models based on existing emissions standard, report says

CN EV Post

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. This was seen as the beginning of the massive outbreak of the price war.

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Mazda recollects positive Mazda3, CX-3 automobiles for faulty rearview cameras

Baua Electric

Mazda North American Operations stated it’s recalling positive 2014-18 Mazda3 and 2016-21 CX-3 automobiles. automobiles, the rearview digicam symbol would possibly not show correctly, in keeping with a July 14 recall document from NHTSA. All maintenance might be carried out independent of price.

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San Pedro Bay Ports release draft of 2017 Clean Air Action Plan Update; $7-$14 billion price tag

Green Car Congress

The document outlines a new set of aggressive near-term and long-term strategies for the nation’s busiest harbor complex to further reduce harmful air pollution from all port-related sources, assist the state in meeting aggressive greenhouse gas reduction goals, and ultimately achieve zero emissions for trucks and terminal equipment.

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More than 500,000 Mercedes me Adapters activated

Green Car Congress

Since 2016, Mercedes-Benz has been offering its customers the option of equipping as yet unconnected vehicles from older model series dating back to 2002 with the Mercedes me Adapter. This documents the driver’s acceleration and braking behavior to enable comfortable and economical driving.

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Rise of Indian used car market; set to exceed 10 mn units by FY28 – ET Auto

Baua Electric

With technology and digitisation, easing of documentation and transactions, the structure of the market is growing. During the past few years, the prices of used cars have gone up on an average by almost 8 to 10% every year. So that is driving the selling price in the market. This year the share is about 24%-25%.

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Tesla’s Chief Accounting Officer sells over 4,450 shares for nearly $3M

Teslarati

Tesla’s Chief Accounting Officer Vaibhav Taneja has unloaded 4,459 shares of the electric automaker’s stock, taking home $2,947,330 due to the sale, SEC documents reveal. Previously, he was the Vice President and Corporate Controller for SolarCity, the solar panel manufacturer that Tesla absorbed in 2016 for $2.6

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