Honda to start out producing new hydrogen gas cell system co-developed with GM

TOKYO, Feb 2 (Reuters) – Japan’s Honda Motor Co (7267.T) stated it is going to begin producing a brand new hydrogen gas cell system collectively developed with Common Motors Co (GM.N) this 12 months and step by step step up gross sales this decade, in a bid to develop its hydrogen enterprise. Honda will goal … Read more

U.S. seeks Tesla driver-assist paperwork; firm hikes capex forecast

WASHINGTON, Jan 31 (Reuters) – Tesla Inc (TSLA.O) disclosed on Tuesday the U.S. Justice Division has sought paperwork associated to its Full Self-Driving (FSD) and Autopilot driver-assistance techniques as regulatory scrutiny intensifies. The automaker mentioned in a submitting it “has acquired requests from the DOJ for paperwork associated to Tesla‚Äôs Autopilot and FSD options.” Reuters … Read more

Ford to chop costs of Mustang Mach-E, following Tesla’s lead

Jan 30 (Reuters) – Ford Motor Co (F.N) on Monday reduce costs of its electrical crossover SUV Mustang Mach-E by as a lot as $5,900 per automobile, weeks after rival Tesla Inc (TSLA.O) slashed costs globally on its electrical automobiles by as a lot as 20%. Shares of Ford closed down 2.9% in above common … Read more

Unique: Tesla’s Musk met prime Biden officers on EVs in Washington Friday

WASHINGTON, Jan 27 (Reuters) – Tesla (TSLA.O) Chief Government Elon Musk met two prime White Home officers on Friday in Washington to debate how the automobile maker and Democratic President Joe Biden might work collectively to advance electrical automobile manufacturing and velocity electrification of U.S. automobile networks. Musk met John Podesta, a Democratic stalwart who … Read more

Musk outlines Tesla’s recession playbook: claw again prices

Jan 26 (Reuters) – Elon Musk has a playbook for Tesla (TSLA.O) headed into what he believes shall be a “severe” recession: reduce prices on every part from components to logistics, whereas protecting the strain on rivals with discounted sticker costs. In a convention name to debate Tesla’s fourth-quarter outcomes, Musk and different executives outlined … Read more

Musk bullish on Tesla gross sales as value cuts enhance demand

Jan 25 (Reuters) – Tesla Inc’s (TSLA.O) aggressive value cuts have ignited demand for its electrical automobiles, Chief Govt Elon Musk mentioned on Wednesday, enjoying down considerations {that a} weak economic system would throttle patrons’ curiosity. The corporate barely beat Wall Road targets for fourth-quarter income and revenue earlier on Wednesday regardless of a pointy … Read more

Unique: Geely plans to show maker of London black cabs into EV powerhouse

COVENTRY, England, Jan 23 (Reuters) – China’s Geely (0175.HK) is planning a giant funding to show the maker of London’s iconic black taxis right into a high-volume, all-electric model with a spread of economic and passenger automobiles, executives on the unit advised Reuters. London Electrical Car Firm (LEVC) additionally goals to broaden its suite of … Read more

Tesla extends worth cuts to U.S., Europe in gross sales push

Tesla cuts costs in U.S., Europe by as much as 20% Transfer follows cuts throughout Asia final week Some fashions now qualify for U.S. tax credit Mannequin 3 worth in Germany in step with Volkswagen’s ID.3 Jan 13 (Reuters) – Tesla (TSLA.O) has slashed costs on its electrical automobiles in the US and Europe, the … Read more

Tesla house owners in China protest towards shock value cuts they missed

SHANGHAI, Jan 7 (Reuters) – Lots of of Tesla (TSLA.O) house owners gathered on the automaker’s showrooms and distribution centres in China over the weekend, demanding rebates and credit score after sudden value cuts they mentioned meant they’d overpaid for electrical vehicles they purchased earlier. On Saturday, about 200 current patrons of the Tesla Mannequin … Read more

Tesla slashes Mannequin 3, Mannequin Y costs in China for second time in 3 months

SHANGHAI, Jan 6 (Reuters) – Tesla (TSLA.O) reduce automobile costs in China for the second time in lower than three months on Friday, deepening its reductions on the planet’s largest auto market as competitors picks up and the demand outlook darkens. The most recent reduce, together with a discount in October in addition to varied … Read more