article thumbnail

Tesla (TSLA) stock is a “Buy” as Elon Musk prepares his Master Plan Part 3: Jefferies

Teslarati

Houchois’ confident take on Tesla’s ongoing and future success stems from the EV automaker’s positive message during Jefferies’ recent auto conference. The Jefferies analyst maintains a “Buy” rating for TSLA , but has lowered his price target from $1,400 to $1,250.

Parts 98
article thumbnail

Tesla Supplier LG Energy Solution tempers 2024 revenue expectations

Teslarati

“I am worried about the high interest rate environment that we’re in. I just can’t emphasize this enough: that the vast majority of people buying a car is about the monthly payment. “If interest rates remain high or if they go even higher, it’s that much harder for people to buy the car.

Energy 103
article thumbnail

U of Michigan Study Finds Costs of Plug-in Cars Primary Key to Broad Consumer Acceptance

Green Car Congress

A newly released University of Michigan study found widespread consumer interest in buying plug-in hybrid electric vehicles; however, the cost of the cars is much more influential than environmental and other non-economic factors as a predictor of purchase probabilities. Source: Curtin et al. 2009) Click to enlarge. —Richard Curtin.

Michigan 218
article thumbnail

UK Government awards more than US$141M to 38 driverless and low carbon vehicle projects

Green Car Congress

Funding is divided into 4 streams and ideas include projects using cars and pods platooning, or going in formation, to transport passengers from Stockport train station to Manchester Airport, create vehicles capable of driving in a range of road environments and technology which could make any car operate autonomously.

Carbon 150
article thumbnail

Volvo Car Corporation intends to lead in field of autonomous driving technology; targeting the next-generation of consumers

Green Car Congress

Almost 50% of drivers aged 18-37 would definitely or probably buy a vehicle capable of fully autonomous driving (J.D. The necessity for a successful carmaker to please the next-generation consumers was the main topic for CEO Stefan Jacoby’s presentation at the 2012 Automotive News Europe Conference in Monaco. Power 2012).

article thumbnail

Scalability Is a Leading Challenge Facing the EV Charging Ecosystem Today

Driivz

Speaking from the main stage at the Hubject Intercharge Network Conference 2021 in Berlin , Driivz’s Product Director, Oren Halevy, told the audience that achieving this scalability is a leading challenge facing the EV charging industry today. Wrapping Things Up: Addressing Grid Challenges with Energy Management.

article thumbnail

New subsea well-capping device to bolster UK emergency underwater oil spill response capability

Green Car Congress

UK Energy Minister, Charles Hendry MP, unveiled a well-capping device developed by the Oil Spill Prevention and Response Advisory Group (OSPRAG) at the SPE Offshore Europe 2011 conference in Aberdeen. The well-capping device was built in order to seal off an uncontrolled subsea well in the event of a major well control incident—i.e.,

Oil 218