Tag: cars
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Geely to launch new Zeekr EV sub-brand to fight Tesla
As per a report by Reuters, Geely plans to establish a brand new sub-brand known as Zeekr, that will produce premium electrical vehicles to shoot on Tesla. The new brand is going to be handled by a different Geely subsidiary, Lingling Technologies, also will operate separately from the business ’s volume-focused Geometry brand established in…
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Honda appoints Japan R&D chief Toshihiro Mibe as its new president and CEO, succeeding Takahiro Hachigo
Honda has announced that its president and CEO Takahiro Hachigo will step down from his post on April 1. He will be succeeded by Toshihiro Mibe, the automaker’s head of research and development. The announcement of Mibe’s appointment was made by the automaker last Friday. Mibe, who has been president of the R&D unit since…
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Tesla Model Y Standard Range dropped from line-up; CEO Musk previously said range ‘unacceptably low’
Tesla has discontinued the Standard Range variant of the Model Y, reports Inside EVs, with the base variant once again removed from the model line-up. At its debut, the Model Y Standard Range variant was not given power or torque output figures, though the single-motor, RWD version was touted with a 0-96 km/h time of…
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It’s not just Elon Musk – a Tesla board member may have also helped with the automaker’s massive bitcoin purchase
Yasin Ozturk/Anadolu Agency via Getty Images A Tesla board member with an appetite for cryptocurrency may be behind the company’s bitcoin investment. Antonio Gracias is the director of two cryptocurrency companies through his investment firm. Tesla’s $1.5 billion bitcoin purchase helped the cryptocurrency cruise to record highs. Visit the Business section of Insider for more…
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Production ramp-up the cause of poor QC – Elon Musk
Tesla vehicles are notoriously known for their quality control issues, and what does business CEO Elon Musk need to say about it? “Either purchase it right at the beginning or when production reaches a constant state,” that he had been quoted when reacting to automobile engineering adviser Sandy Munro, Autocar reports. This ’s a fairly…
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Elon Musk says Tesla has held ‘preliminary discussions’ to license its Autopilot software to other manufacturers
BRENDAN SMIALOWSKI/AFP via Getty Images Elon Musk said Tesla has held early talks to license its software with other car manufacturers. The CEO has said in the past he is not looking to edge out other competitors, but rather simply advance the technology. Musk said the “full self-driving” software may be functional without an operator…
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BMW M Performance Brand To Go Electric With The i4 M This Year
It was just a matter of time before operation divisions of brands like Mercedes-Benz and BMW had to start producing electric automobiles and the very earliest of them are currently set to arrive soon this year. BMW has formally confirmed an M-badged electrical performance car is going to be unveiled later this year. The carmaker…
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VinFast VF31, VF32, VF33 revealed – Vietnamese electric SUVs with Level 4 autonomous driving
Only three years after it made its introduction , Vietnamese carmaker VinFast is pushing forward with the unveiling of three new electrical SUV models. Even the VF31, VF32 and VF33 are intended to compete at the B-, D- and – executive sections , locate a new age for the company. These new vehicles do not…
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Tesla registers company in India, RHD CKD possible
Tesla’s plans to set up shop in India requires a step nearer towards reality, following the registration of a company in the entire world ’s most populous nation. Reuters reports that Tesla Motors India and Energy Private Limited were incorporated on January 8, along with their office is located at the southern city of Bengaluru…
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Churchill Capital Corp IV extends 2-day surge to over 50% on news of plans to take Lucid Motors public via SPAC
Electric vehicle charging. Jackyenjoyphotography/Getty Images Stocks of Churchill Capital Corp.. IV are around 50 percent in a post-apocalyptic series to start the week. News of the SPAC possibly taking EV business Lucid Motors public is pushing the share price greater. The fourth of seven’blank-check’ businesses worked by Michael Klein, Churchill Capital Corp.. IV’s plan for…