Tag: reports
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Are EVs Already On The Brink Of Being The New Normal?
We’ve known for a long time now that the switch to EV power is underway, and that a tipping is coming. Various countries have announced plans to end the sale of ICE machines within the next 10 years, and even in the places where you will still be legally able to buy a gas-powered car…
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Tesla Moving HQ To Texas, Cybertruck Still A Year Away, Says Musk
Tesla is moving its HQ to Austin, Texas, CEO Elon Musk has announced at the company’s annual shareholder meeting. The EV-maker already has a factory under construction in Austin that will manufacture both the Model Y and the Cybertruck, and held the shareholder meeting there, rather than in Palo Alto. The news wasn’t totally unexpected.…
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Automakers’ Stocks Are Still Climbing Even As Sales Fall. Confused?
Car sales have tumbled around the world as the global shortage of computer chips forces carmakers to reduce production, and in some cases stop it altogether. So you might expect that kind of bleak picture to send the stock prices of automakers plunging in response. But that’s not what’s happening. In fact, the opposite is…
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GM Ends Its Lawsuit Against Ford For The ‘BlueCruise’ Name
General Motors says it has resolved its lawsuit against Ford over its rival’s use of the term ‘BlueCruise’ for its hands-free driving assistance system. GM initially sued Ford for copyright infringement in July, asserting that Ford’s BlueCruise too closely resembled GM’s self-driving car division Cruise, as well as its SuperCruise hands-free driving assistance system. Speaking…
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Samsung Will Create Chips For Tesla’s Next-Gen Self-Driving Computer
Tesla is expected to source its next-generation chip from Samsung Electronics. The forthcoming Tesla Cybertruck will debut with Tesla’s new Hardware 4 computer and according to The Korea Economic Daily, Samsung is set to beat out Taiwan Semiconductor Manufacturing Co. for the contract to build the chip used in this computer. “Tesla and Samsung’s foundry…
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Tesla Breaks Ground At Battery-Manufacturing Plant In California
Tesla has broken ground on a new production facility in California that will focus on producing the company’s large Megapack battery system. The new factory is located in the Northern California city of Lathrop, not too far from Tesla’s existing factory in Fremont, California. Tesla also operates a 870,000-square-foot distribution center in Lathrop. Tesla’s Megapack…
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Tesla Wants Bigger Penalties For Carmakers That Don’t Meet Fuel Economy Requirements
Tesla is urging the Biden administration to hike civil penalties for car manufacturers that fail to meet fuel economy requirements. The National Highway Traffic Safety Administration (NHTSA) issued a notice on August 18 that it could impose higher penalties for prior model years to car manufacturers that couldn’t meet fuel efficiency requirements. Before it does…
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Ford Explains Why It Won’t Make A Mustang Shelby GT500 Convertible
In case you were hoping that Ford would launch a convertible version of the Mustang Shelby GT500, we have bad news as such a vehicle isn’t on the cards. Ford chief product platform and operations officer Hau Thai-Tang recently spoke with Muscle Cars & Trucks about the muscle car and said that the company has…
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MIT Study Finds Tesla Drivers Are Less Attentive When Autopilot Is Enabled
A study from the Massachusetts Institute of Technology (MIT) has revealed that drivers using Tesla’s Autopilot system are less attentive when the system is enabled. The report has been following Tesla Model S and Model X owners during their daily routine over a year or more in the greater Boston area. These vehicles were equipped…
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Toyota And Honda Oppose Proposed U.S. Bill That Would Favor Union-Made EVs
Following a new proposal in the U.S. House of Representatives aimed at increasing the scope of tax incentives for EV buyers, Toyota and Honda have publicly criticized a measure that would add another $4,500 in incentives for union-made vehicles. Although both Toyota and Honda operate manufacturing plants in the U.S., neither they nor any other…