CEO Elon Musk has told employees about Tesla’s financial situation and announced a new “hardcore” cost-saving initiative. Simultaneously, Tesla is losing another high-ranking manager as head of communications Dave Arnold leaves the company.
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Tesla has formally completed the acquisition of energy storage specialist Maxwell Technologies announced in February. In order to take control of the company, which specializes in supercapacitors and batteries, Tesla is transferring shares worth around $235 million.
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US heavy-duty vehicle manufacturer Proterra has just launched Proterra Energy fleet solutions, a suite of turnkey options for electric fleets. The ecosystem includes design, build, financing, operations, maintenance and energy optimization for charging infrastructure.
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In the USA, Democrats are launching a new bill to end the sale of cars with internal combustion engines nationwide from 2040. As an interim goal, the draft stipulates that by 2030 half of all new sold vehicles must be emissions-free.
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University of Illinois student researchers are leading a NASA-funded project to develop a novel approach to all-electric aviation. The team is investigating the use of fuel cells to power an all-electric aircraft.
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A man who purchased a Chevy Bolt in South Dakota, USA, is suing General Motors because he feels cheated by the advertised range. He says that the official 238 mile-range shrank by about 100 miles during the cold winter months.
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Washington State governor Jay Inslee has signed legislation to extend electric vehicle and charging infrastructure tax incentives in the state. They hope to increase the adoption of electric and clean alternative fuel vehicles in order to curb exhaust and greenhouse gas emissions.
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Tesla is now offering the promised CCS adapters for Model S and Model X. The Tesla website for Germany states that all models manufactured since 1 May have the necessary on-board electrical equipment to be charged via a CCS adapter on CCS charging stations.
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The Volkswagen subsidiary, which was brought to life as atonement for the diesel scandal, has announced a new app to be released this month, as well as two new membership policies. Charging prices are also to be updated.
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The U.S. American powertrain supplier BorgWarner announced the founding of a joint venture with Romeo Power Technology, a Californian supplier of battery modules and battery packs founded in 2015 by former SpaceX, Tesla and Samsung engineers.
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With Tesla having launched the new Model 3 leasing scheme only about a month ago, the first changes adjust the monthly rate as well as a down payment – favourably so for those in the States. Meanwhile, new stores are to open in Europe.
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The fully electric Volvo subsidiary Polestar has qualified for the $7,500 federal tax credit in the USA separately from their mother company, meaning that each will be allowed to sell 200,000 vehicles before the credit runs out.
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Swiss ABB has scored a contract from Niagara Falls tour operator Maid of the Mist to equip two passenger vessels with enough battery capacity to see the natural spectacle emission-free. The electric ships are set to launch this season.
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Fiat Chrysler Automotives will purchase CO2 credits from Tesla to help it hit carbon dioxide goals and avoid hefty fines in the US and Europe. The cost of this greenwashing is estimated at close to two billion euros.
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As consumers begin to expect interoperability from every electric car charging network, ChargePoint’s Strategic Partnership Manager Marissa Galizia filled us in on the US operator’s strategy and why she thinks that “access alone is not the way to distinguish ourselves”.
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The Kia Niro EV has finally gone on sale in the U.S. The South Korean electric car manufacturer already started selling the Niro in their home country in June of last year. The base price for the Niro EV EX is $39,495 ($31,995 with federal tax credit).
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Los Angeles Mayor, Eric Garcetti has just introduced a target for the eradication of CO2 emissions in all transport, housing, industrial and governmental applications by 2050. By 2025, electric vehicles in the city shall increase by 25% and 80% by 2035.
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The U.S.-owned subsidiary of the South Korean battery cell manufacturer LG Chem has filed two lawsuits in the USA against its South Korean competitor SK Innovation. The accusation: Employees hired by LG Chem are said to have disclosed business secrets of the company.
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At the end of the current model year, Daimler is to ends sales of the Smart in the USA and Canada, where the small car has only been available with an electric drive since 2017. In addition, Smart-Chefin Katrin Adt will assume a new management position within the Group as of July 1.
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Faraday Future, an electric car startup in crisis, has received bridging financing of up to 225 million dollars from the U.S. commercial bank Birch Lake Associates to complete the development of its FF 91 model and prepare for series production.
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The Californian EV manufacturer Mullen Technologies is moving ahead with its plan to produce the Chinese electric sports car Qiantu K50 in the USA. Mullen has now secured a development plan for a 121,000 sqm site in the state of Washington.
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Tesla has confirmed that its electric truck will only go into production in 2020, a year later than previously planned. It remains unclear where the Tesla Semi will be assembled.
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Penske Truck Leasing has opened what it considers to be the “first DC fast charging stations in the U.S. designed specifically for heavy-duty commercial electric vehicles”. The first 14 rapid chargers stand at four of Penske’s facilities in Southern California.
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VW’s diesel-gate subsidiary Electrify America announced the collaboration with nine additional companies to host more than 30 fast EV charging stations across the U.S. More than 20 of these will be located in California with another six states being added.
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Evelozcity, the Californian eMobility startup recently renamed Canoo, wants to generate $200 million in fresh capital. Canoo is currently concluding final contracts with its suppliers and plans to start producing prototypes before the end of this year.
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Once again Tesla is caught up in the dealings of speculative short sellers banking on short-term profits. The short sellers are said to have discussed deliberately causing collisions to discredit the EV maker. Tesla also obtained an injunction against a short seller who apparently harassed and stalked employees.
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Daimler Trucks North America (DTNA) announced its plan to convert their Portland plant in Oregon for the production of electric trucks under Freightliner banner next year. Serial production of the eM2 and eCascadia models is set to start in 2021.
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The Colorado Department of Transportation is awarding nearly $14 million in grants from its share of a Volkswagen settlement to help six local transit agencies replace 28 ageing diesel-powered buses with alternative fuel buses, including 24 battery-powered buses plus related charging equipment.
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Together with U.S. American truck specialist Kenworth, Toyota has developed the next generation of its fuel cell truck created in the course of “Project Portal“. The model now travels more than 300 miles (482 kilometres) on one fill.
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Now it’s official: Tesla has revised its premium vehicles Model S and Model X and is now offering both cars with a more efficient powertrain, which among other things, gets around ten per cent more range from the same 100 kWh battery.
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