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GM dumped $500M into Lyft and is not quite working out

Both General Motors and Lyft have ambitious goals to commercialize autonomous taxis in some way, but after teaming up more than two years ago, with the former investing $500 million in the latter, it seems they’ll no longer be pursuing that endeavor together.
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Elon Musk buys $25m in Tesla stock after job cuts news

Elon Musk has bought $25m (£19m) worth of stock in Tesla, as the electric car company announced it was slashing 9pc of jobs due to “duplication of roles”.

The move, seen by many as a strategic manoeuvre by Mr Musk to show his optimism over Tesla’s future, prompted shares to push higher in after-hours trading.

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China’s ambition to power the world’s electric cars took a…

MIT Technology Review The rapid rise of CATL is arguably the clearest, though certainly not the only, payoff from China’s calculated efforts to bolster its domestic battery and electric-vehicle industries—two of the most promising sectors in clean energy. These efforts have largely …… More

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China start-up readies capacity for 150000 electric cars…

Reuters FRANKFURT (Reuters) – Future Mobility Corporation (FMC), the Chinese parent company behind electric car start-up Byton, has placed an order for a paint shop capable of handling 150,000 cars per year, German supplier Duerr said on Wednesday.… More

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Byton unveils second prototype self-driving electric…

New Atlas Byton, a self-described “intelligent electric vehicle maker” based in California, has unveiled the K-Byte. This self-driving sedan will be shown at the upcoming CES Asia as a premium sedan concept built on the Byton EV platform. Its main feature is integrated, …… More

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]general news] The US has added more solar power than any other type of…

Business Insider The US added more solar power than any other type of electricity in the first quarter of 2018. Solar accounts for 55% of all US electricity added so far in 2018. The number is evidence of a broader global shift: Investment in renewable energy for electricity is …… More

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India To Produce Indigenous Lithium-Ion Batteries NDTVAuto.…

NDTVAuto.com The government-run Central Electro Chemical Research Institute (CECRI) and RAASI Solar Power Pvt Ltd have signed an agreement on first transfer of technology for lithium-ion batteries. According to the Science and Technology Ministry, this memorandum …… More

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Tesla’s AI director gives insights into Autopilot’s…

Electrek Andrej Karpathy, Tesla’s director of AI and computer vision, is currently hard at work trying to improve Autopilot by training Tesla’s neural net with incredible amounts of data from Tesla’s fleet. He took a break from it to give some interesting insights into the …… More

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Model S #1 in Netherland

April had 1,311 plug-in car registrations in the Netherlands, up 123% compared to the same period last year, pulling the year-to-date count to 6,765 units (+128%), and pulling the 2018 share slightly up, to 3.3%. Fully electric cars (BEVs) represented 88% of all PEV sales.

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[model 3] Tesla will start offering Model 3 leases in ‘6 to 9…

Electrek It results in Tesla only producing the Long Range battery pack and it is soon starting production on the All-Wheel-Drive Dual Motor and Performance versions, which are even more expensive. Tesla CEO Elon Musk says that leasing also plays into that …… More

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Ultra-capacitor hybrid radically boosts power and efficienc…

New Atlas Combining the unique strengths of lithium batteries with crazy-fast charging, carbon ultra-capacitors could save a ton of weight and add significant range and power to electric vehicles, according to Nawa Technologies. Based outside Marseilles, this …… More

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world’s biggest maker of electric-vehicle batteries went IPO

Shares of the world’s biggest maker of electric-vehicle batteries jumped on their trading debut as investors bet on rising demand for new-energy cars worldwide.

Contemporary Amperex Technology Ltd. rose by the maximum 44 percent to 36.20 yuan at 10:17 a.m. in Shenzhen, China, valuing the company at about $12.3 billion. The manufacturer sold a 10 percent stake at 25.14 yuan a share in its More

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Tesla’s version 9 software update is coming in August with first ‘full self-driving features’, says Elon Musk | Electrek

It was Tesla’s most significant over-the-air software update at the time. It featured a user interface refresh, a few new features, and several improvements related to Autopilot.

Almost two years later, it looks like Version 9.0 is also going to bring a similar important update to Tesla’s software.

Musk announced on Twitter last night that the version 9.0 is coming in August and More

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[ hanging network]Tesla deployed 10,000 superchargers

Tesla has now officially deployed over 10,000 Superchargers around the world.

The automaker is about 5 months late with the milestone, but it is now adding stations at a high pace and it plans to expand even faster once the next-gen Supercharger is ready.

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Tesla battery energy density cost breakthroughs

There was a lot of news that came out of Tesla shareholder meeting this week, but there was one important statement that sort of went under the radar.

Elon Musk is generally careful not to use the term “breakthrough” when describing advancements in battery technology but he has used it this week to talk about Tesla’s latest advancements in battery energy density and cost.

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AeroVironment Exits the Electric Vehicle Charging Market Mo…

Motley Fool Since its earliest days as a public company, way back in 2007, AeroVironment has split its efforts between two main divisions: drones on the one hand, and equipment for rapidly recharging electric vehicle batteries on the other. Over the ensuing decade, …… More

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GM, Honda Team Up On Batteries For EVs, Challenging Tesla Mission

Honda will “source” battery cells and modules from GM, the companies jointly announced in a news release Thursday. GM’s next-generation battery system will deliver more energy, be smaller than current technology, and charge more quickly, according to the release.
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Daimler launches electric semi, Cascadia

Daimler, one of the world’s largest truck maker, has been feeling the pressure from Tesla’s electric truck – going as far as saying that they have “passed them by” if the claims Tesla is making about its electric semi truck are true.

Now the German truck manufacturer is answering back with the launch of its own electric truck group along with the unveiling of two more electric tru More

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Waymo self driving car would reach 7 million miles of testing this week

A Waymo executive announced on Tuesday that the company’s self-driving car fleet would reach 7 million miles of testing this week.

“We’ve amassed close to 7 million miles—we’ll hit 7 million miles this week,” said Shaun Stewart, Waymo’s director of operations, at the Innovfest Unbound conference in Singapore.

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The First Teardown Of A Tesla Model 3 Battery Is Quite…

Jalopnik The heart of a Tesla, or, really, any electric car, is its battery pack. Engineering a pack that’s reasonably compact, light and structurally sound while holding as much electricity as possible is no joke, so it’s always interesting to rip these things open and see …… More

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eMotion escooters from Ather Energy

It’s been a big week for electric two-wheelers in India. First, Ather Energy launched their new 340 and 450 electric scooters yesterday, and now eMotion Motors has unveiled their new electric motorcycle today.
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Elon Musk promises profits and better battery

On Tuesday, Tesla held its annual shareholder meeting. As expected, none of the controversial shareholder votes passed—there will be no independent CEO replacing Musk, and his brother and the other two candidates were reelected to the board with no drama or fireworks. Even Tesla’s chief counsel Todd Maron referred to the opening agenda items as “the boring bits.” Things got mor More

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Tesla’s sale of parts to Elon Musk’s The Boring Company may be a clue to its strategy — Quartz

What do electric cars have to do with a tunneling company? Only a few people except Elon Musk know. Tesla builds and sells electric vehicles. The Boring Company, founded by Musk in 2016, is intended to banish traffic jams with swift, cheap subterranean travel. As CEO of both companies, Musk wants both of them to transform how we move around.

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Electric Vehicle Charging Stations Market to Grow at 41.8%…

PR Newswire (press release) ReportsnReports.com adds Electric Vehicle Charging Stations Market is forecast to reach USD 30.41 billion by 2023 from USD 5.3 0billion in 2018 at a CAGR of 41.8% during (2018-2023) driven by the government funding, subsidies, and incentives, growing …… More

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Starting in 2020, Cadillac will start to offer autonomous driving on every Cadillac model.

Starting in 2020, Cadillac will start to offer autonomous driving on every Cadillac model. The Super Cruise system is already available today but limited to just the full-size CT6 sedan. General Motors is also announcing today that the SuperCruise system will start hitting other GM brands — such as Chevrolet, GMC, and Buick — after 2020. And then by 2023, an unnamed, high-volume Cadillac cros More

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Europe up against Asian juggernaut in electric car battery…

Reuters LONDON/FRANKFURT/STOCKHOLM (Reuters) – Chinese electric vehicle giant BYD (1211.HK) is looking at launching battery production in Europe, joining Asian rivals aiming to cash in on a green car revolution and threatening attempts by Brussels to …… More

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$35,000 model 3 will be made early 2019

Tesla CEO Elon Musk announced that full production of the entry-level $35,000 Tesla Model 3, arguably the motivating factor behind the majority of the car’s hundreds of thousands of deposits, will begin in the first quarter of next year at Tuesday’s monthly shareholder meeting

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Ather Energy has launched two new electric scooters today

Ather Energy has launched two new electric scooters today with a flashy unveiling event, after being in the works for two years.

The Ather 340 was revealed as the company’s entry-level model while the Ather 450 is a higher power and higher speed version that retains the same physical appearance.

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Tesla talks Shanghai factory at shareholder meeting

Tesla revealed plans to build its first foreign factory in Shanghai at its annual shareholder meeting on Tuesday. A factory in China could allow Tesla to avoid import tariffs there. Head of worldwide sales, Robin Ren, promised more details about a partnership in China and the new factory soon.
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Tesla on track to make 5,000 Model 3s a week by end of the month, Musk says

At Tesla Inc. , all Model 3 production lines have demonstrated capability to produce 500 Model 3 sedans a day, and it’s “quite likely” the company will be able to make 5,000 Model 3s a week by the end of the month, Chief Executive Elon Musk told shareholders at the Silicon Valley car maker’s annual meeting. Musk took the stage after all company proposals, including the re-e More

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