article thumbnail

AutoZone’s quarterly profit beats estimates on demand for car parts – ET Auto

Baua Electric

AutoZone beat estimates for third-quarter profit on Tuesday, driven by strong demand for automotive parts as more Americans held on to their ageing cars amid higher prices and wait times for newer models. Quarterly net sales at the auto parts supplier, which competes with Advance Auto Parts and O’Reilly Automotive , rose 3.5%

Parts 52
article thumbnail

NIO aims for swap stations to serve partly as showrooms in underdeveloped cities

CN EV Post

Qin mentioned these in an interview with local media 36kr , saying, NIO had opened stores in third and fourth-tier cities, but found the results to be mediocre, according to the text of the interview released today. For more articles, please visit CnEVPost.

Parts 121
article thumbnail

Police: “no information” on whether man arrested near Tesla store tied to Antifa

Teslarati

On Friday afternoon, the Lynnwood Police arrested a suspect near a Tesla store, which led to reports circulating around Twitter that this was possibly Antifa-related. Lynnwood Police told Teslarati in a statement that the suspect was inside the Tesla store at one point, but the incident didn’t take place at Tesla. .”

Store 98
article thumbnail

Nippon Paint unveils Mastercraft for automotive aftermarket body and paint work – ET Auto

Baua Electric

Through its extensive network of partners and franchises, Nippon Paint plans to introduce Mastercraft stores in various parts of the country as well as in overseas markets, expanding its network as well as services on offer. The first Mastercraft store has been established in Gurugram.

Auto 52
article thumbnail

Loup Ventures: “AI Day II is already a win for Tesla” $TSLA

Teslarati

Loup Ventures seems to agree and published an article titled AI Day Primer. ” Loup Ventures estimates that there are around 100,000 FSD betas on the road since the launch in 2020 and the beta testers are a part of its estimated 400,000 FSD owners total. And, once again, the company will be years ahead of its competition.”

Tesla 145
article thumbnail

UH, Toyota researchers develop new cathode and electrolyte for high-power Mg battery rivaling Li-ion

Green Car Congress

The other circumvents the difficulties by storing magnesium cation in its complex forms. This new class of redox chemistry bypasses the need of solid-state intercalation while solely storing magnesium, instead of its complex forms, creating a new paradigm in magnesium battery electrode design. Neither approach is practical.

Li-ion 373
article thumbnail

Old empires could be the key to a new car future – ET Auto

Baua Electric

The most promising path to exploiting hydrogen is to store the gas in a tank, as you would gasoline, then feed it into a fuel cell where it combines with oxygen to create an electric current, with water as a byproduct. All three automakers are part of larger business empires — called chaebol in South Korea and keiretsu in Japan.

Future 52