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Tesla sales grew 63% year-over-year in September

Teslarati

However, TrueCarr doesn’t assess Tesla as the fastest growing automaker in September; that honor goes to General Motors. According to TrueCar’s estimates, General Motors grew sales by 74.2% Tesla follows in second place for sales growth, while Volkswagen takes third, growing sales by 31.9%

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Tesla prepares for $1.8 billion lease securitization: report

Teslarati

The higher-rated tranches will then be marketed for sale, while the lower-rated tranches will not, according to the marketing materials seen by the publication. The news comes amidst early strikes from the UAW facing the “Big 3,” Ford, General Motors (GM) and Stellantis.

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Volkswagen Group appoints new heads of Global R&D, Group Design, Group Product and Modular Toolkit Strategy

Green Car Congress

Having started his career at Ford, he was Head of Volkswagen Group Research from 2000 to 2003. He moved to Saab as Executive Director Design in 2000 and was also given responsibility for Advanced Design at General Motors Europe in 2003. He held various responsibilities in the export section of Sales at Volkswagen AG from 1983.

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CMU study finds limited dedicated residential parking and charging a significant barrier to mainstream EV adoption

Green Car Congress

The study, which was funded in part by grants from the National Science Foundation, CMU’s Steinbrenner Institute for Environmental Education and Research, General Motors, Ford and Toyota, is to appear in the journal Transportation Research (Part D). —Traut et al.

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Update: Top 10 Electric Cars

Clean Fleet Report

Ford Mustang Mach-E 15,938. has fully embraced EVs and, after years of teasing with snazzy concepts, the real hardware is for sale–and is selling well. Ford Mustang Mach-E (& F-150 Lightning & E-Transit). Ford has had little to show in the EV market some some time. Tesla Model 3 80,681. Nissan Leaf 10,238.

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USABC awards Cobasys $8.4M for the development of high-energy density Li-ion cells and packs for EVs

Green Car Congress

USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR), the collaborative automotive technology organization of Chrysler Group LLC, Ford Motor Company and General Motors Company, whose mission is to further strengthen the technology base of the domestic auto industry through cooperative research and development.

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Rivian IPO: What you need to know

Teslarati

Such a valuation is ambitious , as it would make Rivian’s market cap just a bit lower than veterans such as General Motors ($84.82 billion) and Ford Motor Company ($79.65 Rivian has disclosed that it is targeting a valuation above $60 billion in its IPO, with shares priced between $57 and $62. ” .