38.43 F
New York
March 9, 2021

electric

Xpeng predicts it will deliver fewer electric cars than Nio

CNBC
CNBC – For more and to sign up click here Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Chinese electric car maker Xpeng forecast it will deliver far fewer cars......

Ganfeng joins China Minmetals lithium salt lake project for $225 million

Reuters
(Reuters) – Ganfeng Lithium Co said on Monday it would pay 1.47 billion yuan ($225 million) to take a 49% stake in a lithium salt lake project operated by compatriot China Minmetals Corp in Qinghai. The move will give Ganfeng, one of the world’s top producers of lithium chemicals used......

South Carolina bill would add firing squad and electric chair as execution options

CBS News
CBS News – For more and to sign up click here South Carolina state senators voted Tuesday to approve a bill designed to restart executions in the state by adding firing squad or electrocution as options if lethal injection drugs are not available. The news comes after a nearly 10-year......

California startup touts battery-swapping to juice demand for electric vehicles

Reuters
(Reuters) – Ample, a seven-year-old San Francisco startup, wants to skirt one of the big hurdles to widespread adoption of electric vehicles by reviving the idea of quick, automated battery swaps for owners concerned about running out of juice while driving. The main benefits, according to co-founders Khaled Hassounah and......

Why some Chinese are buying local electric car brands like Nio — instead of Tesla

CNBC
CNBC – For more and to sign up click here An electric vehicle charging station is seen at Nio’s headquarters on Jan. 31, 2021 in Hefei, Anhui Province of China. Ruan Xuefeng | Visual China Group | Getty Images BEIJING — Chinese consumers thinking about whether to buy Tesla‘s electric......

Tesla won’t be ‘king of the hill’ in electric vehicles forever, says ex-board member Steve Westly

CNBC
CNBC – For more and to sign up click here Steve Westly, a longtime Tesla bull and former board member, told CNBC on Tuesday that competition in the electric-vehicle sector has heated up and put significant pressure on the Elon Musk-led company. “I’ve been bullish on Tesla for the last......

Chinese Tesla rival Nio says global chip shortage will hit its electric car production

CNBC
CNBC – For more and to sign up click here A Nio Inc. ES6 electric SUV at a battery swap station inside a parking lot in Shanghai on March 1, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese electric car start-up Nio said Tuesday a global chip......

Volvo Cars bets on electric vehicles

BBC
https://www.bbc.co.uk/news/business-56245618 In January, shareholders approved a merger between Fiat Chrysler and France’s PSA Group, creating the world’s fourth biggest carmaker. The new group, Stellantis, would be able to “bet big on new innovations in electric, connected and autonomous vehicles”, analysts said at the time. BBC – For more and to......

Not just Tesla: Tech analyst says electric vehicle stocks could soar 50% this year

CNBC
CNBC – For more and to sign up click here CEO of Tesla Motors Elon Musk. Brendan McDermid | Reuters Electric vehicle stocks could climb up to 50% this year, according to Wedbush analyst Daniel Ives, who thinks there’s enough room in the market for more than just Tesla. “In......

Warren Buffett owns more of a Chinese electric car company than General Motors

CNBC
CNBC – For more and to sign up click here Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Warren Buffett‘s Berkshire Hathaway conglomerate has a larger stake in Chinese electric......

Chinese electric car start-up Li Auto expects it will sell fewer cars than Nio has been delivering

CNBC
CNBC – For more and to sign up click here A Li Xiang One hybrid SUV is on display during the 18th Guangzhou International Automobile Exhibition on November 23, 2020 in Guangzhou, China. Li Zhihao | Visual China Group | Getty Images BEIJING — Nasdaq-listed Chinese automaker Li Auto forecast......

Maine regulators studying electric grid modernization

WashingtonExaminer
USA TODAY – For more and to sign up click here As Maine looks to shift toward more wind, solar power and other renewable energy, state regulators are looking at ways to modernize the state’s electric grid. The state Public Utilities Commission is conducting an investigation to examine the “future......

Shares of SPAC for electric car company Lucid plummet another 20% after merger announcement

CNBC
CNBC – For more and to sign up click here Exterior of the Lucid Air sedan, which debuted Sept. 9, 2020 as the company’s first production vehicle. Lucid Shares of Churchill Capital IV continued to plummet for a second consecutive day Wednesday after announcing a deal Monday night to bring......

Billionaire investor Rakesh Jhunjhunwala reveals how he’s playing India’s electric vehicle market

CNBC
CNBC – For more and to sign up click here Indian billionaire investor Rakesh Jhunjhunwala is betting on automaker Tata Motors as one of the winners of India’s growing electric vehicle market. “I think the biggest and the best player in electric cars in India is going to be Tata......

Top executives of Texas electric grid resign after storm failure

Reuters
HOUSTON (Reuters) – Top directors of Texas’s electric grid operator, who faced sharp criticism from a massive failure of the state power system that left millions last week without light, heat, and water, resigned on Tuesday. FILE PHOTO: An electrical substation is seen after winter weather caused electricity blackouts in......

Electric vehicle firm Lucid Motors to go public in $11.8 billion blank-check merger

CNBC
CNBC – For more and to sign up click here The Lucid Air sedan, which is expected to go into production next year at a plant being constructed in Arizona. Lucid Electric vehicle firm Lucid Motors plans to go public at an $11.75 billion combined equity valuation and $24 billion......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More