Teslarati

OCTOBER 30, 2023

Japanese company and Tesla supplier Panasonic announced plans on Monday to cut domestic production of electric vehicle (EV) batteries due to some vehicle sales being slower than initially planned. He also alluded to the fact that the company may be looking beyond the auto industry for additional customers.

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Teslarati

JULY 29, 2022

Tesla may have already accomplished a lot of things over the years, but according to board member Kimbal Musk, the company is just getting started. Kimbal recently became the subject of news reports after he exercised a call option to purchase 25,000 TSLA shares at a discounted price of $74.17. Tesla is just getting started.

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Baua Electric

JUNE 19, 2024

China in June granted approval to a first group of nine automakers to carry out tests on vehicles with advanced autonomous driving technologies on public roads, as part of a plan to accelerate adoption of self-driving cars.

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Teslarati

JUNE 18, 2024

The auto industry continues to shift toward electric vehicles (EVs), and while sales growth has slowed somewhat this year at many companies and in many markets, recent guidance shows that it may only be in the near-term.

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Baua Electric

MAY 4, 2024

Magna executives said on a post-earnings call the company was assessing impacts from automakers’ shifting electrification plans, particularly in North America. The company’s shares were down about 4% in early trade. Magna said it expects full-year 2024 sales of USD 42.6 billion to USD 44.2 billion to USD 45.4

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Baua Electric

MARCH 13, 2024

However, this disparity is anticipated to narrow gradually, fueled by rising disposable income and ushering in a lucrative market for the auto industry. Beyond income growth, several factors are converging to propel the industry forward. Minda, CMD, Uno Minda – ET Auto appeared first on Bauaelectric Auto News.

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Clean Fleet Report

FEBRUARY 6, 2022

New Products Delayed as Company Shifts to Delivering Current Vehicles. The Tesla Model Y has been the company’s big star worldwide. The uncharacteristic downbeat outlook almost overshadowed Tesla’s significant achievement—its first full-year profit based on car sales in the company’s 19-year history. million cars.

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Baua Electric

JUNE 4, 2024

China has granted approval to a first group of nine automakers to carry out tests on vehicles with advanced autonomous driving technologies on public roads, as part of a plan to accelerate adoption of self-driving cars. Fleet operators such as ride-hailing companies will also be involved in the tests.

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Teslarati

FEBRUARY 26, 2024

automaker would build factories in the future, and amidst concerns of some companies “nearshoring” production and moving manufacturing into other parts of North America. “Our reliance on the UAW turned out to be we were the first truck plant to be shut down,” Farley said (via CBS News ).

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Teslarati

JANUARY 31, 2024

—a 50-50 joint venture between Hyundai Motor and BAIC—announced a new project to develop an electric vehicle brand exclusive to the Chinese market. The company’s latest plans seem to be part of its plan to launch five new EV models in China over the next three years. Tesla China accounted for 22.5%

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Teslarati

DECEMBER 31, 2023

As we prepare for what’s expected to be an eventful 2024, it’s also worth looking back on Tesla’s year in 2023 to highlight some of the company’s many major developments. The plan followed the Tesla Master Plan parts one and two , which were shared by the company in 2006 and 2016, respectively.

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Teslarati

MAY 3, 2022

billion at two of its Canadian vehicle production plants as part of a dedicated EV and software push. The announcement of the investments was shared by the company on Monday. . Part of the funds for the initiative would be coming from the Canadian and Ontario governments, which are looking to invest $410.7

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Teslarati

NOVEMBER 11, 2023

Elon Musk has responded after one person spotted some seemingly new vehicles being sold by Tesla on Cars.com this week. On Friday, the auto industry X account CarDealershipGuy posted that Tesla had “quietly started listing *new* vehicles” on Cars.com , noting that the automaker hadn’t before sold vehicles beyond its own website.

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Teslarati

FEBRUARY 28, 2023

. “We are excited to embark on this partnership with Honda, a leader in the global auto industry with a reputation for quality and reliability,” said Robert H. Still, due to the company’s work with GM on the vehicle design, it is likely similar to GM’s NMC pouch design, also produced in conjunction with LG.

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Teslarati

MAY 11, 2023

Wood has often claimed that Tesla will be a vital part of the transportation of the future, even going as far as setting a ~$2,400 price target for the Tesla stock. This morning, Cathie Wood displayed more Tesla optimism as a part of a panel interview with Axios , in which she defended both Elon Musk and FSD Beta.

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Teslarati

NOVEMBER 29, 2023

The recent statements came as part of the ACEA’s recommendations to several EU institutions as to how to manage the five years running from 2024 to 2029, after Europe holds its Parliament election. automaker announced in September that it had delivered over one million vehicles across the continent.

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Electrek

DECEMBER 5, 2022

Ford is moving quickly to solidify its position in the rapidly evolving auto industry. The company announced Monday it has broken ground at its BlueOval battery plant as part of its joint venture agreement with SK Innovation.

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Teslarati

AUGUST 2, 2023

The investment supports future STEM careers in the area, including job opportunities in the auto industry. During the unveiling of the new Grand Highlander three-row SUV, the Japanese automaker also announced an $803 million investment in Indiana. Toyota invested $11.1 million in schools in Indiana to boost their STEM programs.

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Baua Electric

JUNE 18, 2024

The statement continues with some details that may be of interest to customers, including the mention of “preserving certain customer programs” while the company continues “reduced operations.” Fisker recently cut prices on its inventory vehicles after pausing production and trying new sales methods to try to draw down inventory.

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Teslarati

MAY 16, 2022

Ride-sharing service Uber has launched ‘Comfort Electric,’ a new way for users to get around in style and be part of the company’s global commitment to become a zero-emissions mobility platform by 2040. Together we can be part of the climate solution. GoGet [link] pic.twitter.com/yL0VkKnoWS.

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Teslarati

JULY 16, 2021

The firm noted that Tesla registrations rose over 85% in Q2 2021 compared to the second quarter of 2020, thanks in part to the success of the Model Y in the market. . The company delivered a total of 201,250 vehicles in Q2 2021, comprised of 199,360 Model 3 and Model Y and 1,890 Model S.

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Qnovo

MARCH 2, 2021

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. We are in the midst of deep disruption to the auto industry. The entire supply chain feels the pressure to adapt to electrification.

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Teslarati

OCTOBER 23, 2023

“Expanding it to the pickup trucks is really at the heart of what these companies produce,” said Tim Ghriskey, senior investment strategist at Ingalls & Snyder. ” It's time for a deal that recognizes our members' sacrifices and contributions to the auto industry. “Labor is asking for so much.

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Teslarati

DECEMBER 9, 2021

The announcement, which was initially reported by Automotive News Europe , also revealed Stellantis’ plans to introduce a hands-free Level 3 self-driving system to some of its vehicles in 2024. Stellantis’ collaboration with BMW is part of a partnership between Fiat Chrysler, BMW, Intel, and Mobileye, which was announced back in 2017.

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Teslarati

DECEMBER 20, 2022

Infineon was the semiconductor arm of the German company Siemens. Diess was part of Infineon’s supervisory board from 2015 to 2020. Its primary clients come from the auto industry, which Diess is also intimately familiar with, making him a good candidate for chairman. The Munich-based chipmaker purchased U.S.

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Teslarati

APRIL 11, 2023

Ford received terrible news from its first quarter sales results ; its long-time rival General Motors had surpassed it in EV sales, meaning the Blue Oval was no longer the second-largest EV brand in the United States. Still, as the company looks to dramatically increase its offerings in North America, Oakville will likely play a vital role.

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Teslarati

OCTOBER 27, 2021

The announcement was made just days after Hertz announced its initial blockbuster purchase of 100,000 Tesla Model 3s, which would be used as part of its can rental fleet. Mark Fields, Hertz interim CEO, noted in a press release that its partnership is a notable step forward in Hertz becoming an environmentally forward company. .

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Teslarati

NOVEMBER 5, 2021

As the days count down towards the company’s entry into the stock market, Rivian Automotive Inc. Laura Schwab served as Rivian’s vice president of sales and marketing, joining the company in November 2020 after leaving Aston Martin. The suit was filed Thursday in a California Superior Court in Orange County. .

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Teslarati

FEBRUARY 2, 2022

“In the auto industry, Detroit is leading the world in electric vehicles. By February, Musk revealed that he had spoken to the Biden administration about a possible carbon tax, which his companies like SpaceX would be paying. Don’t hesitate to contact us with news tips. Credit: General Motors.

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Teslarati

MAY 24, 2022

CATL, one of Tesla’s key battery suppliers, recently shared some bold estimates on the auto industry’s adoption of electric vehicles. According to a CATL executive, there will likely be no new internal combustion-powered cars on the market by 2030 or 2035 at the latest. China sold 3.5

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Teslarati

FEBRUARY 18, 2023

Tesla is reportedly considering purchasing Sigma Lithium, a Brazillian lithium mining company, for an estimated $3 billion. With the company’s exponentially growing demand for the substance, and its alacrity to vertically integrate, a corporate purchase of a lithium miner certainly is within its MO.

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Teslarati

JULY 15, 2022

Production of the Nissan Leaf will end by the mid-decade as the company plans to phase out the once revolutionary vehicle. . According to Automotive News’ sources, Nissan plans to retire its all-electric Leaf model and replace it with a different battery electric vehicle to compete with the more tech-savvy EVs in the market.

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Teslarati

AUGUST 19, 2022

agreed with Minister Champagne’s remarks on a part of Canada in every Tesla. ” “I’m proud to be part of such a talented and growing Tesla Canada team.” It is good to see that our government’s investments are attracting the attention of automakers and companies from around the world.

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Baua Electric

MARCH 22, 2024

Two and three-wheeler major Bajaj Auto is looking to take its engineering skills training programme to Tier 2 and 3 cities, in order to fill the critical skill gaps faced by the automotive industry. A significant part of these participating companies’ CSR funds will be utilised in this initiative, their executive said.

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Teslarati

JUNE 16, 2023

Toyota Motor Company is expected to receive an $853 million subsidy from Japan’s industry ministry to expand its electric vehicle (EV) battery production. The company plans to use its batteries from Aqua and Crown hybrid vehicles in its battery electric vehicles (BEVs).

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Teslarati

NOVEMBER 19, 2021

“It’s a really new experience for this big company, trying to be agile. GM’s GMC brand will have the Hummer EV releasing in the coming months to contribute, but a spokesman for the company said that General Motors was already approaching 300,000 sales globally through the first three quarters of 2021.

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Teslarati

MARCH 5, 2024

The EV maker reportedly said that the Federal Chamber of Automotive Industries (FCAI), the main auto industry lobby group in Australia, is actually attempting to increase emissions by 2030, instead of reducing them, by using a variety of falsehoods to mislead the public. They would apply to the companies who make the cars.

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