electric vehicles

Tesla Will Idle its Most and Least Productive Plants This Month

photo: Patrick Pleul/AFP/Pool (Getty Images) Tesla’s doing swell but not swell enough, Volkswagen is ditching one of its Russian plants and a few automakers want to go rallying, so long as rallying goes all-electric. All that and more in The Morning Shift for Wednesday, July 6, 2022. 1st Gear: Production Snags Tesla built more cars …

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Rivian says it’s still on track to build 25,000 EVs in 2022

Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland/CNBC Electric-vehicle startup Rivian Automotive said it produced more than 4,000 vehicles in the second quarter and that it remains on track to build 25,000 vehicles in 2022. Shares of Rivian were up about 10% in …

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VW and Goldman-backed Northvolt gets $1.1 billion funding

Northvolt’s most recent funding announcement comes at a time when major economies are laying out plans to move away from vehicles that use diesel and gasoline. Michael Sjoberg | Bloomberg | Getty Images Electric vehicle battery maker Northvolt on Tuesday announced a $1.1 billion funding boost, with a range of investors — including Volkswagen and …

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Tesla Rivals Challenge Its Lead as Nio Sets Encouraging Record

Electric vehicle makers have been struggling over the last two years to produce and deliver cars, trucks and SUVs despite obstacles such as supply chain disruptions, semiconductor shortages and factory shutdowns caused by the covid pandemic. The industry’s leading EV manufacturer Tesla (TSLA) – Get Tesla Inc. report on July 2 said that plant closures …

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Black Tesla Workers Allege Racist Abuse on Factory Floors

Elon Musk’s company is facing at least 10 arguments alleging discrimination at the workplace. photo: Susan Walsh (AP) A group of Blacks Tesla employees have filed suit against the company, claiming that they were subjected to racial discrimination at its factories in California. Tesla business facing at least 10 suits alleging sexual or racial harassment, …

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$1,000 Monthly New Car Payments Becoming Increasingly Normal

photo: Spencer Platt (Getty Images) There’s another exciting new metric for how expensive cars are getting, Tesla’s global factory logjams are catching up with it and Renault and Nissan need to leave each other already. All that and more in this Friday edition of The Morning Shift for July 1, 2022. 1st Gear: Sign of …

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Cruise’s Confused Self-Driving Cars Clog San Francisco Street

Have autonomous driving cars reached AI sentience? Are the robotaxis planning a robo-takeover? It seemed like they might be when they blocked traffic for hours Tuesday night in San Francisco. Then, when you looked a bit closer, you could see that that the eight self-driving Cruise vehicles had navigated to the same street corner corner …

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GM Is Training First Responders on Electric Car Crashes

A firefighter from the Illinois Fire Service demonstrated how to access an electric vehicle for rescue attempts.Image: General Motors More firefighters and EMTs will soon be able to pry you out of your burning Prius and maybe even save the car. General Motors announced Thursday it was expanding its training program on rescues involving electric …

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Elon Musk is a smart person but he doesn’t understand ESG: Tech CEO

In May, electric-vehicle maker Tesla was removed from the S&P 500’s ESG Index. In response, CEO Elon Musk tweeted that ESG was “a scam” that had been “been weaponized by phony social justice warriors.” Jim Watson | AFP | Getty Images Tesla chief Elon Musk may have misunderstood the meaning behind ESG (environmental, social, and …

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Ferrari Isn’t Ready to Go All-In on Electrification

Image: Ferrari At a time when even Lamborghini has acknowledged the death of its purely internal combustion engine-powered wedges, you’d be forgiven for assuming Ferrari, too, would be imminently bidding anything short of a hybrid goodbye. not quite. Maranello’s latest investor day did indeed bring the promise of the first every pure battery-electric Ferrari, due …

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