According to sources familiar with the matter at hand, Apple Inc is moving ahead with plans on self-driving car technology and is targeting to produce a passenger vehicle by 2024. The self driving passenger vehicle could feature its breakthrough battery technology, said sources familiar with the matter at hand. Apple’s automotive efforts, known as Project…
In a development that could potentially boost Tesla’s marketshare, the carmaker’s CEO Elon Musk tweeted that its Model S “Long Range” sedan in the United States will receive yet another price cut bringing its price to below $70,000 for the first time to $69,420. This is the second time this week that Tesla has cut…
Tesla’s CEO, Elon Musk tweeted, “If Tesla committed delivery & customer made good faith efforts to receive before year end, Tesla will cover the tax credit difference.” Luxury carmaker Tesla Inc has stated, it will reimburse customers if delays to car deliveries have caused them to miss out on a significant tax credit. In 2017,…
Worries over Tesla’s production are casting their shadow over other electric carmakers who are aiming to produce low-cost mass-market cars. As per sources familiar with the matter at hand, in NIO Inc’s U.S. IPO, the Chinese electric vehicle startup priced its shares at the bottom of its targeted price range due to investor concerns of…
Given hydrogen’s availability and its weight to storage energy quotient, Toyota believes hydrogen powered fuel cells will play a significant role in the clean-energy-powered auto industry in the coming future. In a significance development, Toyota Motor Corp announced that it plans on increasing investments in its hydrogen fuel cell-based vehicles, as design more cost-effective mass-market…
Production of the batteries for the Model 3 have already begun in Tesla’s Gigafactory. Check this video for more details on the Model 3. For those amongst you who are anxiously awaiting the delivery of Tesla Model 3, here is some fabulous news for you. Reuters has reported that Tesla is set to start production…
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