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Electric Cars

Elon Musk: Tesla New York Gigafactory will reopen to produce ventilators amid COVID-19

This comes after Elon Musk air-shipped 1200+ ventilators from China to California.

Elon Musk, CEO of SpaceX and Tesla, says that he will reopen the Buffalo, New York, factory for the production of ventilators to help the people of New York to…

Business

How bad COVID-19 has hit the tech industry

Coronavirus is the biggest disruptor in tech industry lately.

The novel coronavirus COVID-19 so far has a devastating impact on the U.S. and many other state’s economies. As all the affected countries are trying to stem the spread of…

tesla Fremont factory california san francisco bay area
Business

Tesla is halting production at Fremont factory in response to coronavirus

Fremont factory will run only basic operations until further notice.

Tesla, the electric car maker, said that it is hanging on its production in its Fremont and New York factories from Monday, March 23, due to the growing pressure from…

Autonomous car developed by Pony.ai
Business

Toyota invests $400 million in Pony.ai for Level 4 autonomous cars

Pony.ai is now a $3 billion company.

Pony.ai, an autonomous driving startup based in China, has received a total of $462 million in the latest funding round, led by Toyota Motor Corporation. The largest Japanese automaker has…

Tesla Charging
Electric Cars

Netherlands will give money to citizens for buying new electric vehicles

Netherlands government has announced to give its citizens a sum of up to €4000 (about $4400) to buy an electric vehicle. The Dutch news organization RTL says that every citizen…

Electric Cars

Sony surprises with Vision-S electric concept car at CES 2020

Packed with sensors!

Sony has revealed Vision-S, an electric concept car at the Consumer Electronics Show (CES) 2020 in Las Vegas. The surprised prototype car is designed to prove the company’s interest in…

Electric Cars

Volkswagen to hit 1.5 million electric cars milestone by 2025

Volkswagen 2023 and 2025 electric vehicle production targets increases!

Volkswagen is targeting the European auto market with electric vehicles. Freshly, The German Automobile manufacturer is aiming to be top of the range in the battery-powered vehicle market by 2025.…

Business

Tesla takes $1.4 billion loan for Shanghai factory from Chinese banks

A group of Chinese banks has agreed to provide a loan to Tesla Inc. of more than 10 billion yuan ($1.4 billion), a five-year loan facility, to help further set…

Electric Cars

Tesla starts charging for Premium Connectivity

Tesla has decided to charge $9.99/month subscription charges for using its in-car feature of “Premium Connectivity.” These charges are levied to those car owners who purchased them on or after…

Business

UPDATED: Tesla Cybertruck bags 200,000 orders

No, it is not on any Black Friday sale.

Cybertruck launched by Tesla received 200k pre-orders so far. Previously, the count was at 146k pre-orders according to stats shared by Elon Musk a day back. Elon Musk today shared…