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Waymo reportedly seeking outside investors to reduce cost, boost valuation

Late last year, Waymo One launched as a self-driving car service in Phoenix after nine years of development. The Alphabet division still has a long rollout ahead of it, but it can begin recouping R&D costs. A new report today details how Waymo is looking for outside investors.

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VW says it accelerates plan for 22 million electric vehicles in 10 yrs as part of decarbonization plan

Volkswagen announced today its intention to accelerate its electrification effort as part of its decarbonization plan by adding 20 more “electric models” to its planned lineup in order to produce 22 million electric vehicles in the next 10 years.

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Tesla issues $13.8 million in stock to buy trailers to move cars to customers – CNBC

Tesla issued $13.8 million in stock to pay for trucks and trailers to transport its electric vehicles from the factory floor to customers, according to a new securities filing.

Instead of cash, the electric car maker used 49,967 shares at a maximum price of $277.05 a share as of Feb. 12 to buy the trailers from Central Valley Auto Transport, a California company that specializes in car carr More

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India Offers $1.4 Billion In Subsidies To Support The Domestic Electric Vehicle Industry

To encourage the growth of the electric vehicle (EV) industry in India, the government has developed a two-pronged strategy aimed at both buyers and manufacturers: $1.4 billion in subsidies are to be offered, followed by a hike on import tariffs within the next year to spur domestic companies to build the vehicles.
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Tesla Model 3 Quickly Rises To #1 In The Netherlands — CleanTechnica EV Sales Report | CleanTechnica

February had 2,457 plug-in vehicle (PEV) registrations in February, up 232% year over year (YoY), which translates into a PEV share of 8.2%. That pulls the year-to-date (YTD) count to 5,713 units (+213%) and a 7.4% market share. Within the PEV market, fully electric vehicles (BEVs) represented 80% of registrations, or 5.9% of overall market share.
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Chinese Officials Say Their "Artificial Sun" Will Be Completed This Year

In November, Chinese researchers announced that the Experimental Advanced Superconducting Tokamak (EAST) reactor — an “artificial sun” designed to mimic the nuclear fusion process the real Sun uses to generate energy — had hit a milestone by achieving an electron temperature of 1

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Tesla pushes delivery timeline for new standard Model 3 orders as demand soars

When Tesla finally launched the base Model 3 for $35,000 just over a week ago, the automaker said that it was starting deliveries within the next 2 to 4 weeks depending on the configuration in the US.

Yesterday, Tesla updated the delivery timeline for the Standard Range Model 3 to “6 to 8 weeks”.

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Tesla (TSLA) secures over $500 million for Gigafactory 3

The money could be enough for the first phase of Tesla’s factory in Shanghai, which the automaker wants to bring online by the end of the year and produce 3,000 Model 3 vehicles per week.

Ultimately, Tesla wants to grow the facility to a much higher capacity and it plans to spend about $2 billion to make it happen.

A previous report suggested that Tesla was in the process of borrow More

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Tesla launches Model 3 in Mexico as global rollout steamrolls ahead

Tesla’s global rollout of the Model 3 is taking a step forward this Friday, with the company sending out open house invitations to reservation holders in Mexico. The Model 3 launch will be held at the Mexico City-Masaryk store on March 8, 2019, with the event running from 10 a.m. to 9 p.m.
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Chevrolet Bolt EV Discounted As Tesla Readies $35K Model 3 | GM Authority

Last week, after what’s felt like an eternity, Tesla finally introduced the $35,000 Model 3 it promised all those years ago. Tesla said production would start this month, though volume production would not happen until mid-year. While it will take some time for the $35,000 Model 3 to reach customers, it appears Chevrolet dealerships are taking a proactive approach to a new competitor. InsideEVs More

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[supercharger] Introducing V3 Supercharging | Tesla

Tesla has more than 12,000 Superchargers across North America, Europe, and Asia and our network continues to grow daily: more than 99% of the U.S. population is covered by the network, and we anticipate similar coverage in Europe by the end of 2019. Recently, we passed 90% population coverage in China and are growing that number quickly. However, in order to drive continued electric vehicle adopti More

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Waymo to start selling standalone LiDAR sensors

In January 2017, Krafcik said Waymo engineers were able to bring the cost of LiDAR down 90 percent from the industry norm of $75,000 for a single top-of-the-range LiDAR. In other words, Krafcik was telling the world that Waymo’s top-of-range LiDAR cost about $7,500.

“This is critical as we look to commercialize self-driving technology,” Krafcik said at the time, during a keynote at th More

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Elon Musk doubled down on his goal to make a Tesla that’s less expensive than the Model 3 – Business Insider

Elon Musk doubled down on his goal to make a Tesla that’s less expensive than the Model 3
Business Insider

Tesla CEO Elon Musk. Tesla CEO Elon Musk said the automaker will one day make vehicles that cost less than its Model 3 sedan, which starts at $35,000 before federal and state incentives. But it will take around three years for such a vehicle to arrive, Musk said on Thursday More

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Why Bezos and Microsoft are betting on this $10 trillion energy fix for the planet

Burnaby, British Columbia, is similar to most North American bedroom communities. The majority of its residents commute into neighbouring Vancouver every morning and then head back to their suburban homes at night. There is one thing, though, that sets it apart: Around the corner from one of the two Costcos in town is a small start-up that’s inching ever closer to solving the planet’s More

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Elon Musk’s Boring Company is working on a new ‘Loop’ network in Las Vegas

Elon Musk’s Boring Company is announcing today a new proposed ‘Loop’ system of tunnels for approval in Las Vegas.

If everything goes according to plan, the first leg of the system would be operational at the Las Vegas Convention Center as soon as 2021.

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Alphabet’s Waymo just explained how it can make money: selling its self-driving car sensors to partners

“Our custom LIDARs have been instrumental in making Waymo the first company in the world to put fully self-driving cars on public roads,” head of Waymo’s LIDAR team Simon Verghese wrote in a company blog post on Wednesday. “Now, we are making these sensors available to companies outside of self-driving — beginning with robotics, security, agricultural technology, and more More

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UPDATE 1-Tesla’s Shanghai assembly plant to be completed in May -govt official – Reuters

BEIJING/SHANGHAI, March 6 (Reuters) – Tesla’supcoming vehicle assembly facility in Shanghai is expected to be completed in May this year, a Shanghai city government officialsaid on Wednesday.

Chen Mingbo made the comments on the sidelines of an annual parliamentary meeting in Beijing, adding that part of the facility’s production line would be put into operation by the end More

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Cummins to deliver 8 EV to USPS

Cummins Inc. has begun delivering eight Cummins-powered all-electric vehicles to the United States Postal Service (USPS). The fully electric Cummins PowerDrive equipped vans are expected to eliminate vehicle emissions and reduce fuel and maintenance costs.

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REFILE-China agrees on solution to Tesla customs issue -source – Reuters

China’s customs authorities haveaccepted electric carmaker Tesla Inc’s plan to remedyproblems with the clearance of imported cars, a source familiarwith the matter told Reuters.

Tesla shares fell more than 5 percent after financialpublication Caixin reported earlier that China had suspendedcustoms clearance for the company’s Model 3 sedans, citingvarious irregularities inc More

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Tesla stock sinks to a five-month low after China reportedly blocks sales of imported Model 3 cars – Business Insider

Some of the vehicles had no Chinese labels on brake fluid tanks, while some demonstrated a real motor capacity that differed from the one on the label,” Caixin reported.

Trading volumes for Tesla also spiked to levels not seen in months, according to Markets Insider data.

Tesla stock sinks to a five-month low after China reportedly blocks sales of imported Model 3 cars
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Tesla will unveil the Model Y this month — here’s everything we know about the vehicle so far – Business Insider

Tesla will unveil the Model Y this month — here’s everything we know about the vehicle so far
Business Insider

Tesla CEO Elon Musk. Tesla CEO Elon Musk said on Sunday via Twitter that Tesla will unveil its next vehicle, the Model Y crossover SUV, on March 14. Musk has said the vehicle will transform Tesla’s manufacturing process. Statements from Musk and leaked Tesla doc More

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Mercedes-Benz unveils EQV all-electric minivan with almost 250 miles of range

At the Geneva Motor show, Mercedes-Benz is unveiling today a concept for a premium all-electric MPV (minivan), the EQV, and it announced plans to bring a production version to market by the end of the year.
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Fly Free vintage-inspired 50 mph electric motorcycles go on sale for $4,159

Long Beach-based electric motorcycle startup Fly Free has spent the last few months unveiling three different new electric motorcycle designs. Now the company has begun taking pre-orders for the 50 mph (80 km/h) e-motos, and the price starts at just $4,159.

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Tesla announced a $35,000 Model 3, same-day car repair services, and more – Business Insider

Musk announced plans to eventually introduce a car that’s even cheaper than the Model 3. He declined to specify any further details on the car, only saying that it’d be introduced within “two to three years.”

Tesla announced a $35,000 Model 3, same-day car repair services, and more
Business Insider

This is an excerpt from a story delivered exclusively to More

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All-electric GT unveiled with over 300 miles of range and 5-min charging enabled by mysterious battery

Piëch Automotive, a new electric car startup launched by Toni Piëch, a descendant of Volkswagen’s Ferdinand Piëch, is unveiling this week an all-electric GT with over 300 miles of range and 5-minute charging enabled by some mysterious new battery cells.
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Tesla to unveil Model Y SUV on March 14, Musk says in tweet

Tesla will unveil its Model Y SUV on March 14, CEO Elon Musk said in a series of tweets Sunday.
The tweets may exacerbate Musk’s clash with the Securities and Exchange Commission over the CEO’s unfettered use of social media.
Musk said that the SUV would cost 10 percent more than Tesla’s Model 3 sedan and have “slightly less range” for the same battery.
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5 takeaways from Tesla’s Model 3 announcement – WISC

1. Cheaper Model 3: Tesla is finally releasing a pared-down version of its Model 3 sedan. The price tag: $35,000.
The base model will have 220 miles of range, a top speed of 130 mph and it will accelerate from 0 to 60 miles per hour in 5.6 seconds. Delivery will take two to four weeks, according to Tesla’s website.

It’s also selling a higher performance, long range versi More

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Nissan Reveals U.S. Pricing For LEAF e-Plus: Costs More Than Model 3

There’s a lot to like with this new LEAF. Its 62-kWh battery provides a range of up to 226 miles. Had it not been for Tesla shocking the world last night with the Model 3 base price announcement, we’d be rather excited for the LEAF.

However, all versions of the LEAF e-Plus check in at a higher price than $35,000. Manufacturer’s Suggested Retail Prices (MSRP) for the 2019 Nissan LEAF P More

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Geely Unveils GE11 Compact Electric Car: Will Be Sold Globally

Geely unveiled the all-new GE11 compact all-electric sedan on February 26. The new model is a “globally developed product” and will spearhead Geely’s foray into overseas markets, the automaker said.

More insideevs.com/geely-unveils-ge11-compact-electric-car/ More

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Axios Autonomous Vehicles – March 1, 2019 – Axios

Rivals BMW and Daimler are the latest automakers to start pooling resources in order to stay competitive while they push toward full autonomy.

The big picture: Once there was a race among auto and tech companies to develop self-driving cars, but now there’s a shared belief that it’s frustratingly hard and incredibly expensive to do so at scale.

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