BYD recently launched its best-selling all-electric ATTO 3 in Italy alongside the pure electric BYD Han. The BYD ATTO 3 is a top-selling pure electric vehicle worldwide. It is earning a name for itself among the likes of Tesla’s Model Y vehicle. BYD Europe announced that the ATTO 3 and Han will be available in…
Tesla CEO Elon Musk isn’t against entrepreneurs creating apps for smartphones, but he wishes more of them would focus on heavy industry—where he says the opportunities are “tremendous.” The Tesla CEO made the comments while speaking with Ford CEO Jim Farley in a Twitter Spaces event on Thursday evening. The two announced that Tesla supercharger stations will become available to…
Tesla has launched a new incentive for its popular home battery solution, the Powerwall. As per Tesla’s official website, customers who install and register their Powerwall batteries from this month until the end of October are eligible to receive a $500 rebate for each Powerwall that they operate. The Powerwall is Tesla’s residential battery storage unit. With…
Volkswagen subsidiary PowerCo SE plans to introduce the dry coating process to its battery cell production plants in Europe and North America. Tesla pioneered the new battery manufacturing process with its 4680 cell production. “Technologies like Dry Coating showcase PowerCo’s technological prowess. We have the necessary know-how and the right experts to take cell production…
Volkswagen and the Hellenic Republic of Astypalea have decided to take on the rigorous task of electrifying the Greek island’s entire transportation fleet. Volkswagen and the local government of Astypalea island want to gradually convert to electric vehicle fleets, digital mobility solutions, and green energy. Volkswagen calls the island of Astypalea a future laboratory for…
Tesla’s total sales in China may be eclipsed by BYD’s raw New Energy Vehicle (NEV) numbers, but the Model Y crossover is still maintaining its place as a formidable force in the country’s premium electric car segment. This is especially true for China’s premium NEV market, which was dominated by the Model Y in May. …
LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. Each company holds a 50% stake in the joint…
Tesla (NASDAQ: TSLA) CEO Elon Musk landed in China earlier this week to discuss variety of topics with government brass, and analysts see it as a “key point” of the automaker as the ongoing EV price war continues. A new note from Wedbush lead analyst Dan Ives notes that Musk has not visited China in three…
Elon Musk is expected to visit China this week. The Tesla CEO is expected to meet with senior government officials during his visit, as well as tour Gigafactory Shanghai, Tesla’s electric vehicle factory in China. The trip would mark Musk’s first visit to China since 2020. At the time, Musk visited Gigafactory Shanghai for the…
Back in 2011, Tesla CEO Elon Musk was asked by Bloomberg about a potential rival in the electric vehicle space — China’s BYD. Musk laughed off the suggestion, noting that he did not really see BYD as a rival to Tesla. “Have you seen their car?” Musk said then, poking fun at the Chinese carmaker. Needless to…