Remove Auto Industry Remove BYD Remove Electric Vehicles Remove Taxi
article thumbnail

Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Earlier today, Reuters reported that the automaker had ditched its efforts to develop the car and would look instead at developing autonomous taxis on the platform that would have underpinned it. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price.

article thumbnail

137. BATTERY MANAGEMENT IS DISRUPTING THE VALUE CHAIN IN ELECTRIC VEHICLES: THE CHANGING SUPPLY CHAIN — PART 2

Qnovo

At a market capitalization exceeding $700 billion, Tesla enjoys a unique financial position among all auto manufacturers to expand its investments in electric vehicles and infrastructure. The result is an accelerating race to deliver electric vehicles with increasing performance, affordability, and choice.

article thumbnail

China’s EV Subsidy

Revenge of the Electric Car

Journal article: China to Subsidize Electric Cars. BEIJING—China will subsidize buyers of battery-powered cars and plug-in hybrids under a pilot program aimed at keeping the country competitive in the global race to develop an electric-vehicle industry, but which also risks a public backlash. Read more in the Wall St.

E6 124
article thumbnail

When Will EVs Hit Primetime?

Revenge of the Electric Car

Interest in electric cars is surging: •Nearly 52,000 people were wait-listed as of mid-April for General Motors’ electric model, the Volt, due in November. As of March, almost 56,000 people had signed up to reserve Nissan’s all-electric Leaf, due in dealerships by December. •In Investors, too, are excited.

China 133
article thumbnail

2020 Electric Vehicle Industry Report Card and trends for the new year

Plug In India

The Indian electric vehicle industry too suffered a setback during the first six months of the year. Yet, by the end of the year, there is a huge wave of optimism in the industry for the coming year. This report logs the highs and lows of the Indian EV industry for 2020. By Kamlesh Mallick 2020. What a year!

2020 59
article thumbnail

Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

And if you doubt that they will learn, check out my cover story about BYD in the new issue of FORTUNE, headed to subscribers and newsstands this week. BYD is an amazing company. Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. BYD’s engineering prowess.

Chinese 28