Tesla is trying to make its flagship duo, consisting of the Model S and Model X, more attractive with a new paint color to boost weakening sales. Let’s recall that during the third quarter, global deliveries of the Model S and Model X were down by 14 percent year-over-year at 15,985. The nine-month result for
Month: October 2023
By Joey Klender Posted on October 27, 2023 Mercedes-Benz is leaning on the sales of its internal combustion engine vehicles to bolster its earnings reports as “a pretty brutal” space in electric vehicles has squeezed margins to the lower end of its goals. The German carmaker reported its Q3 Earnings this week and said that
Which two automakers aborted plans to create millions of EVs together? Which charging network became the first one to buy charging hardware from Tesla? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending October 27, 2023. This past week, the Tokyo auto show, officially the Japan
The automotive environment is one of the most severe environments for electronics. Today’s vehicle designs proliferate with sensitive electronics, including electronic controls, infotainment, sensing, battery packs, battery management, electric vehicle powertrains, and on-board chargers. In addition to the heat, voltage transients, and electromagnetic interference (EMI) in the automotive environment, the on-board charger must interface with
Tesla is holding a lottery for tickets to its upcoming Cybertruck delivery event on November 30th at its Texas Gigafactory in Austin. The Cybertruck is nearing release, and we’ve been seeing more and more of it in recent months. It was originally meant to be delivered by the end of Q3, but that timeline came
A Nissan GT-R concept debuted, the Honda Prelude might return, and a Corvette-based DeLorean is in the works. It’s the Week in Reverse, right here at Motor Authority. A Nissan GT-R concept shocked the auto world when it debuted at the 2023 Tokyo auto show this week. Dubbed the Hyper Force concept, the electric supercar
Albemarle, a US-based chemical manufacturer, has won a $90-million grant from the US Department of Defense to expand domestic mining and production of lithium for EV batteries. Using Defense Production Act authority, the Office of the Assistant Secretary of Defense for Industrial Base Policy will subsidize the company’s planned reopening of its lithium mine in
Toyota showed off an electric Ford Maverick-sized truck concept at the Japan Mobility Show this week. Is the Toyota EPU, or Electric PickUp, the midsize electric pickup we’ve been waiting for? For over three years, Toyota has been “secretly” developing the midsize EPU electric truck. Toyota built the model as an in-house design study, and
The Volkswagen Group experiences lower-than-expected demand and sales of electric cars, but intends to maintain its pricing to prioritize margins and profitability. In the nine-month financial report, the company revealed that its order bank in Western Europe includes 1.4 million vehicles, including around 150,000 all-electric ones. This is a very interesting data point because a
By Simon Alvarez Posted on October 26, 2023 Tesla has implemented a minor price increase for the Model Y Long Range. In the United States, the mid-tier Model Y variant’s price has been adjusted to $48,990 before options, $500 more than its previous price of $48,490 before options. The update to the Model Y’s price
BP on Thursday announced a $100 million order for Tesla DC fast chargers, marking the first time Tesla chargers have been purchased for use by a third-party EV charging network. The Tesla chargers will be deployed as early as 2024 at gas stations, Travel Centers of America locations, and planned charging hubs to be located
UK analytics and consulting company GlobalData forecasts in its latest report that, from 2022 to 2035, the total EV market will expand at a compound annual growth rate (CAGR) of 15.9%. The passenger EV segment is expected to reach a CAGR of 26.1% and the commercial EV segment a CAGR of 15%. Over the same
Tesla has launched a rare new car color for the Model S and Model X called ‘Stealth Grey’. Historically, Tesla has been known to have very limited paint color options for its vehicles as a premium automaker. “Any customer can have a car painted any color that he wants so long as it is black,”
The U.K.’s Alan Mann Racing, a company that specializes in servicing and maintenance for classic road and race cars, particularly Fords, has expanded its operations with an electric conversion for the original Ford Mustang. Alan Mann Racing, or AMR for short, started out life in the 1960s as a British race team that fielded Fords
Multinational location data and technology platform HERE Technologies, headquartered in Amsterdam, has partnered with Dutch charging station data provider Eco-Movement to offer EV drivers access to more accurate real-time information on charge point specifications and availability. The companies say that the collaboration will create a data repository encompassing over a million single charge points monitored
One year after filing for bankruptcy with its Jeep joint venture in China, Stellantis has found a new partner in EV startup Leapmotor to utilize its existing technology ecosystem as part of a $1.6 billion joint venture that will expand availability of the Chinese EVs in new markets in Europe, possibly beyond. Stellantis is a
How to Buy a Car Online A Step-by-Step Guide To Remove Risk This article may contain affiliate links. In the past year, worldwide car sales have increased significantly. Despite the prior decrease due to the COVID-19 pandemic, sales grew to 67.2 million compared to 66.7 million in 2021. With digitization entering the automotive industry, vehicle
The United Auto Workers (UAW) strikes that started more than a month ago have been a major disruption for Detroit’s Big Three automakers. Logistics issues and costs aside – GM revealed on its Q3 2023 earnings call this week that every week of strikes costs it $200 million – the strikes also risk hurting Detroit
By Maria Merano Posted on October 25, 2023 Tesla made its debut on Fortune’s 100 fastest-growing companies in 2023. The Texas-based automaker was No. 2 on the list, which featured 22 companies. According to Fortune, many factors contributed to Tesla’s appearance on the list. However, at the top of those reasons was the fact that
An influx of used EVs is causing prices to drop, particularly when it comes to used Teslas, according to new data from Recurrent. The company, which sells battery health reports for used EVs, also complies quarterly reports on used EV prices using data from partner firm Marketcheck. This latest report also includes wholesale data from
LG Magna e-Powertrain, the joint venture (JV) between LG Electronics and Magna, is opening a new facility in Miskolc, Hungary. The 284,000-square-foot plant will be in Miskolc’s industrial sector, which has well-developed infrastructure and is close to OEM customers and Magna operations. Scheduled for completion in 2025, the new facility will start production with e-motors
UAW president Shawn Fain speaking with media as the strike begins The UAW has announced that it has reached a tentative agreement with Ford to end the UAW strike which started six weeks ago. Ford workers will immediately go back to work now that this tentative agreement has been met, though the strike will continue
Nissan has provided the strongest indication yet that its next GT-R sports car will go the electric route with Wednesday’s reveal of the Hyper Force concept at the 2023 Tokyo auto show. A surprise fifth member of Nissan’s Hyper family of electric concepts previewing the automaker’s future design and technology, the Hyper Force isn’t directly
No, despite what you’ve seen in a thousand Facebook posts, EVs are not more prone to catching fire than are legacy vehicles (according to several studies—take your pick—the reverse is the case). However, like any energy storage system, an EV battery can catch fire in the case of a collision or a malfunction, and there
Autonomous robotaxi startup Pony.ai continues to expand the reach of its autonomous operations – this time venturing outside of China into the NEOM development of northwest Saudi Arabia. The company announced a new joint venture with NEOM today that includes an $100 million investment to establish a local presence and implement robotaxi rides across the
Feature: The Genesis Experience Son-Nim – “Honored Guest” Corporations are well-known for saying how much they care about and value their customers. Not all succeed as talk is cheap, actions are tough, and many don’t do so well following through. In Korean, Son-Nim translates to “Honored Guest,” which is how every Genesis employee is expected
By Maria Merano Posted on October 24, 2023 LG Energy Solution (LGES) recently announced that its battery facility in Arizona will become a key production hub for 46-series cylindrical cells in North America. After announcing its Q3 2023 earnings, LGES stated it aimed to preemptively respond to market demand for 46-series cylindrical cells. “In response
We’ve lost track of how many times the Tesla Cybertruck has been spotted testing on public roads this year, but we haven’t seen it tackling off-road trails that often. Actually, Tesla’s electric pickup truck was spotted at a real off-road park only once before – last month at the Hollister Hills State Vehicular Recreation Area,
Fisker on Monday announced a $7,500 price cut for the top Extreme grade of its 2024 Ocean electric SUV, but prices for other versions saw small increases. Pricing for the dual-motor all-wheel-drive Ocean Extreme now starts at $61,499 before destination instead of the previous $68,999. Customers who already placed orders will receive a $7,500 price
Sepion Technologies, a manufacturer of EV batteries, has opened a separator coating facility for lithium-metal batteries for EVs. The renewable-energy-powered building spans 25,000 square feet, increasing Sepion’s separator coating capacity by 1,000-fold and polymer synthesis scale by 100-fold. It also enables the production of up to 10 Ah pouch cells. Sepion’s separators are designed using
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