Xiaomi unveiled the SU7 Ultra prototype in July with 1,548 horsepower. It had previously said that the official launch of the production version of the SU7 Ultra would be in the first half of 2025. Read more…
Prima Power integrates Siemens control system into its laser cutting machine
German technology company Siemens has integrated its numerical control system, SINUMERIK ONE, into the latest model of Prima Power’s 3D laser cutting machine, Laser Next, for automotive manufacturing. Prima Power, a manufacturer of sheet metal working machinery and 3D laser cutting technology, said it has enhanced its machine’s compatibility and integration capabilities. Incorporating the advanced… Read more…
Lyten to build lithium-sulfur battery gigafactory in Nevada
Lithium-sulfur batteries, which feature high energy density, and don’t need problematic minerals such as nickel, cobalt, manganese and graphite, are widely seen as a possible replacement for today’s lithium-ion batteries. Lyten, which calls itself a “supermaterial applications company,” has long been a pioneer in Li-S technology. Now the company has announced plans to invest more… Read more…
Musk waffles about Tesla Roadster 2025 production – ‘close to’ finalizing design
Tesla CEO Elon Musk was asked about when the next-gen Roadster would be available during today’s earnings call, and his answer left much to be desired. Read more…
Elon Musk finally admits Tesla’s HW3 might not support full self-driving
Elon Musk finally admits Tesla’s HW3 might not support full self-driving and that he doesn’t actually know what it will take. Read more…
Even Musk seems to realize that Tesla’s future pricing numbers are made up
Tesla’s pricing numbers for its future vehicles are all over the place and changing by the minute. Just today, CEO Elon Musk revealed that the promised $30k price for Robotaxi would be “post-incentive” – before saying the car would cost $25k just minutes later. Read more…
PhoenixEV to electrify campus buses at University of California San Diego
PhoenixEV, a division of California-headquartered commercial EV manufacturer Phoenix Motor, plans to deliver four 35-foot electric transit buses to the University of California San Diego in early 2025. The new buses will bring the university’s fleet to 20% electric as part of its commitment to decarbonization by 2045. “This project will mark the third University… Read more…
Miba Battery Systems unveils new Terra battery system for off-highway and utility vehicles
Austria-based Miba Battery Systems has introduced its new Terra #11 battery system equipped with 46xx cell technology for off-highway vehicles, construction machinery and utility vehicles. Terra #11 operates at 650 V, and has a capacity of 42.8 kWh. Its dimensions of 1700 x 700 x 140 mm give manufacturers the flexibility to integrate it into… Read more…
Tesla Q3 revenue misses estimates while EPS and margins beat
Tesla said it expects to achieve slight growth in vehicle deliveries in 2024 despite ongoing macroeconomic conditions. Read more…
Tesla Has Started Testing Its Ride-Hailing Service With Employees
Employees in the Bay Area can already use a beta version of the ride-hailing service Tesla plans to launch next year. Read more…
This Is What Elon Musk Really Wants
It was almost a throwaway line in Tesla’s Q3 earnings call. But it spoke volumes. Read more…
Tesla gains ground with double-digit Q3 margin
Tesla is returning to its old profit levels for the first time and surprisingly posted a double-digit margin in the third quarter after a disappointing start to the year. The Texans’ confidence is reflected in their forecast of “slight growth in vehicle deliveries” for 2024. Read more…
Tesla’s Autopilot’s latest safety report is out, but is it a statistical smokescreen?
Tesla released its quarterly safety report, and the numbers, at first glance, seem impressive. According to Tesla, cars using the Autopilot system drove an average of 7.08 million miles before a crash occurred in the third quarter of 2024. This compares favorably to 1.29 million miles for Tesla drivers not using Autopilot and a dismal 670,000 miles for the average… Read more…
Tesla reiterates affordable models coming in 1H 2025, but with no new details
Tesla said today that it remains on track to produce and launch “more affordable models” in the first half of next year, but it shared no new details on when we might expect to hear more. Read more…
Tesla has produced its 7 millionth electric car
Tesla has confirmed that it produced its 7 millionth electric car yesterday — a great milestone for a company that greatly accelerated the electrification of the auto industry. Read more…
Hyundai is launching a counterattack with EVs made in China next year
As many rivals are being squeezed out of China by low-cost EVs, Hyundai has a plan to fend off the competition. According to a new report, Hyundai is pouring resources into launching its first dedicated EV in China, due out next year. Read more…
The US reaches milestone of 200,000+ public EV charging ports
The US just hit a major electric vehicle milestone: There are now more than 200,000 public EV charging ports nationwide.. Read more…
Tesla Won’t Make A $25,000, Non-Robotaxi Car
“Having a regular, 25K model is pointless. It’d be silly,” Tesla CEO Elon Musk said on an earnings call on Wednesday. Read more…
Tesla Q3 2024: Profits Beat Expectations, Revenue Falls Short
It’s still another profitable quarter for Tesla. Read more…
Ford’s CEO Doesn’t Want To Stop Driving China’s Apple Car
Ford CEO Jim Farley has been driving an imported Xiaomi SU7 for months. He says it’s fantastic. Read more…