Toyota provides cheaper Prius if clients take software program updates

TOKYO, Dec 7 (Reuters) – Toyota Motor Corp’s (7203.T) leasing unit mentioned on Wednesday it’ll start providing over-the-air security updates on the brand new Prius, betting it may well use an method pioneered by Tesla to chop lease costs and protect used-car values in Japan. The lease program would require clients to decide in for … Read more

Musk delivers first Tesla truck, however no replace on output, pricing

Tesla ships first Semi to PepsiCo 5 years after unveiling it No particulars on orders or capability for electrical truck Semi makes use of present Tesla motors, to characteristic new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Govt Elon Musk delivered the corporate’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) with out … Read more

U.S. to spice up spending on tribal lands, shield Nevada sacred website

WASHINGTON, Nov 30 (Reuters) – The Biden administration will give Native American tribes extra say in managing federal and tribal lands as a part of a plan that features help for tribes whose land has been harmed by local weather change, the White Home mentioned on Wednesday. President Joe Biden and different Cupboard officers introduced … Read more

Unique: Tesla readies revamped Mannequin 3 with mission ‘Highland’ -sources

Nov 28 (Reuters) – Tesla (TSLA.O) is creating a revamped model of Mannequin 3, in line with 4 folks with data of the hassle, as the highest EV maker goals to chop manufacturing prices and enhance the attraction of the five-year-old electrical sedan. One focus of the redesign codenamed “Highland” is to cut back the … Read more

Vietnam’s VinFast ships first electrical autos to U.S. clients

HAI PHONG, Vietnam, Nov 25 (Reuters) – Vietnam’s electrical car maker VinFast stated on Friday it had shipped its first batch of 999 automobiles to the US, capping a five-year bid to develop an auto manufacturing hub within the Southeast Asian nation for markets in North America and Europe. The primary automobiles are anticipated to … Read more

Tesla EVs ranked among the many worst in annual reliability survey by Shopper Reviews

Nov 15 (Reuters) – (This Nov. 15 story corrects headline to say Tesla EVs ranked ‘among the many worst’, not ‘worst’. Story was beforehand corrected to take away reference to Mercedes in headline and paragraph 1, full-size pick-up vehicles in paragraph 1) Electrical automobiles (EVs) from Tesla Inc (TSLA.O) and different manufacturers had been among … Read more

Musk’s Twitter updates app to start charging $8 for blue checkmark

Nov 5 (Reuters) – Twitter on Saturday updated its app in Apple’s App Store to begin charging $8 for sought-after blue check verification marks, in Elon Musk’s first major revision of the social media platform. The change comes a week after Musk took over the social media company in a $44 billion deal. The billionaire … Read more

Toyota cuts output target amid chip crunch as profit tumbles 25%

Q2 profit 562.7 bln yen vs 772.2 bln yen forecast Cuts FY production target to 9.2 mln units from 9.7 mln Unclear when chip shortage will end – executive Results ‘very unimpressive’ considering positive factors -analyst Shares end down 1.9%, Nikkei benchmark up 0.3% TOKYO, Nov 1 (Reuters) – Toyota Motor Corp (7203.T) on Tuesday … Read more

Hyundai breaks ground on $5.5 bln U.S. EV, battery plant

ELLABELL, Ga., Oct 25 (Reuters) – Hyundai Motor Co (005380.KS) broke ground on a $5.54 billion electric vehicle (EV) and battery plant in the United States on Tuesday, as South Korea’s biggest automaker grapples with an uncertain outlook for its EV sales in its top market. The investment is the largest in the state’s history … Read more

Exclusive: Toyota scrambles for EV reboot with eye on Tesla

Oct 24 (Reuters) – Toyota (7203.T) is considering a reboot of its electric-car strategy to better compete in a booming market it has been slow to enter, and has halted some work on existing EV projects, four people with knowledge of the still-developing plans said. The proposals under review, if adopted, would amount to a … Read more