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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

companies, including Tesla, Buick, Lincoln, and Ford. Tesla says its standard tech can save police departments over $4,000 “The difference to maintain a car on average between some brands can be thousands over a 10-year time frame,” said Steven Elek, Program Leader for Auto Data Analytics at Consumer Reports.

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Mercedes-Benz to become equal shareholder in Automotive Cells Company (ACC) with Stellantis and TotalEnergies

Green Car Congress

Mercedes-Benz is taking an equity stake in European battery cell manufacturer Automotive Cells Company (ACC) to scale up development and production of next-generation high-performance battery cells and modules. On top of that we can help to ensure that Europe remains at the heart of the auto industry even in an electric era.

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Mercedes will take on Tesla’s FSD in China

Teslarati

Mercedes CTO, Markus Schaefer, has confirmed that the automaker’s autonomous driving system DRIVE Pilot will be making its way to China to challenge Tesla’s Full Self Driving offering in the country. What remains unclear is how the regulatory environment in China will handle the introduction of the Mercedes DRIVE Pilot system.

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Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Baua Electric

Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years. The company employs 165,000 people around the world. Get started here.

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Factorial Energy testing results for 40Ah solid-state battery: 97.3% capacity retention after 675 cycles

Green Car Congress

In April, Factorial Energy, a start-up solid-state battery technology company, emerged from stealth mode with a 40Ah solid-state battery cell for electric vehicles (EVs) and other applications. Now, Factorial Energy announced that the company’s initial round of testing of the 40 Ah cell cycle behavior at 25 ?C Earlier post.).

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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions

Teslarati

The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. This is despite the near-constant supply shortages that have plagued (and continue to plague) the auto industry, notably in Europe. BMW stock chart by TradingView.

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Factorial Energy emerges from stealth with 40 Ah solid-state battery cell for EVs

Green Car Congress

Factorial Energy , a start-up solid-state battery technology company, emerged from stealth mode with a 40Ah solid-state battery cell for electric vehicles (EVs) and other applications. Factorial also announced the appointment of senior industry leaders with deep technical and automotive experience to its leadership team.

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