Energy and Storage Archives - electrive.com

Q3: Tesla’s margins continue to shrink

Tesla is cutting back on profitability in favour of its market share. The US electric carmaker has pursued this course since the beginning of the year with an unprecedented price war tactic. The Q3/2023 business figures reflect that strategy. Revenue was about 23 billion dollars, but the margin continues to drop.

Stella Terra completes 1,000 km journey through the desert

Lucid Motors production figures continue to decline

Zero-emission work boat to clean up waterways

Hyundai and Kia purchase semiconductors from Infineon

Candela starts production of the C-8 electric hydrofoil

Commercial Vehicles

Traton launches subsidiary for truck charging services

Siemens receives a major HPC order from Turkey

Chalmers University is developing a battery recycling process using oxalic acid

The Mobility House turns charging flexibility into cash for EV drivers

India: Servotech to build charging infrastructure with Emcor

BMW adopts Tesla charging standard NACS

BMW to launch deliveries of the i5 this weekend

flyVbird orders up to 50 electric aeroplanes

GM postpones ramp-up of its electric pickup production

Upgraded Model 3 is now available in UK and Ireland

Kempower is developing a megawatt-charging system

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New York receives NEVI funding for fast-chargers

Commercial Vehicles

Volta Trucks faces bankruptcy

XCharge brings battery HPC to Spain and Portugal

Citroën takes aim for more affordable EVs with the ë-C3