automotive industry
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Geely becomes Daimler’s largest shareholder with $9 billion stake
Automaker Daimler has a new largest shareholder – Geely Automotive chairman Li Shufu. The Geely stake, worth an estimated $9 billion, should give the Chinese automotive giant more leverage when trying to work out cross-company tech arrangements with Daimler and its sub brands including Mercedes-Benz. Daimler is already partnered up with a major automotive concern in China… Read More
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Tesla responds to fresh reports of Model 3 production issues
Tesla’s Model 3 EV delays are well-known, including in the company’s own earnings report and quarterly delivery numbers. A fresh report from CNBC on Thursday claimed that Model 3 production was even more delayed than it appeared, with specific continued issues around battery manufacturing.
CNBC also suggested that the company is “not close” to mass-production of the… Read More
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Tesla’s Model 3 is coming to some of its East Coast showrooms
Tesla is bringing its newest production vehicle to its showrooms in some East Coast locations for the first time, so that potential (and many actual) customers will be able to check it out in person. The carmaker will have Model 3 demo units on display at showrooms in New York, Boston and Miami starting this week, CNBC reports.
The Model 3 will be on display in Manhattan’s Meatpacking… Read More
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Peugeot plans 100 percent electrified vehicle lineup by 2025
European automaker PSA Peugeot Citroen plans to offer electric and hybrid electric powertrain options for all of its vehicles by 2025, according to CEO Carlos Tavares. The chief executive also said that PSA will seek to re-enter the U.S. market, according to Reuters, and revealed that they company aims to offer partial autonomous driving features on 80 percent of its car lineup by 2030, with… Read More
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BMW acquires Parkmobile parking app to help tackle city traffic
BMW has acquired Parkmobile, an app that provides guidance and services for those looking for parking in North America, including on-street and garage parking payments and spot reservation. BMW Group had already held a minority investment in the company, and owned its Parkmobile Group Europe affiliate, but today it increased its holdings to reach majority ownership of Parkmobile, LLC, which… Read More
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Toyota and Lexus vehicles will finally start getting CarPlay this year
Toyota has been a holdout from CarPlay, Apple’s in-dash infotainment system that works with your iPhone. The automaker and its luxury brand Lexus have yet to offer it in any models, despite most other car companies giving in on at least a few vehicles (which tends to later to broader rollout thereafter). The new 2019 Toyota Avalon will have CarPlay on board, however. The vehicle was… Read More
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Tesla launches a web-based version of its in-car trip planning tool
Curious about what it’s like to plan a long road trip as an electric vehicle owner? Tesla thinks you just might be, so now it’s launching a web-based version of its trip planning tool, which was previously only available to Tesla owners via the in-car navigation system. The tool allows you to map out a route and includes the best charging spots along your route, complete with how… Read More
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Tesla made 2,425 Model 3s in Q4 2017, aims to make 2,500 weekly by end of Q1 2018
Tesla produced a lot more Model 3 cars during the last quarter of 2017 than it did during Q3: it produced 2,425 cars during the quarter, adding to its production total of 23,565 vehicles overall, including Model S and Model X vehicles. That’s a significant increase from the 260 it made in Q3 last year, but still off its expected pace. Read More
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UPS reserves 125 Tesla Semi fully electric heavy-duty trucks
Tesla has another new high-profile customer – UPS, which has placed the largest order yet for Tesla Semi advance reservations. The shipping giant pre-ordered 125 Tesla Semi trucks, besting PepsiCo’s 100 vehicle order from last week. UPS has a fleet of around 8,500 alternative fuel vehicles already in service around the world, the company says, and has made a commitment to reduce… Read More
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BMW reaches 100,000 electric vehicle sales target for 2017
BMW set out to sell 100,000 electric cars this year globally, and it has managed to do that, the company revealed today. That includes fully electric cars, as well as electrified vehicles like its plug-in electric Active Tourer 2-Series, Reuters reports. Its fully electric options include the i3 compact, which it debuted in 2013 but which saw strong demand in the U.S. and in Western Europe… Read More
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