Month: July 2022

Tesla Inc. reported higher-than-expected quarterly profits as a string of price increases on its best-selling electric vehicles helped offset production challenges caused by COVID-19 lockdowns in China. “With each of the Fremont and Shanghai factories achieving their highest-ever production months and new factory growth, we are focused on a record-breaking second half of 2022,” Tesla
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In this article VOW3-DE TSLA 7269.T-JP 7205.T-JP 7203.T-JP A Toyota Mirai hydrogen fuel cell vehicle photographed in Berlin, Germany, in August 2021. The Japanese automotive giant started working on the development of fuel-cell vehicles back in 1992. Krisztian Bocsi | Bloomberg | Getty Images Automotive giant Toyota, along with three other partners, will work on
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MADRID — Spain has signed a partnership agreement with Chinese green energy company Envision Group to embark on four projects, including an EV battery plant, with 3.8 billion euros ($3.9 billion) in total investment, partly funded by European Union aid. Jose Dominguez, head of Envision Spain, was quoted in a statement from the Spanish government
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What kind of vehicle is the 2023 Chevrolet Equinox? What does it compare to? With the Equinox, Chevy has a compact crossover vehicle that can seat five. It’s a rival for vehicles such as the Toyota RAV4, Honda CR-V, and Nissan Rogue. Is the 2023 Chevrolet Equinox a good SUV? Review continues below While it
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General Motors‘ defense unit said Tuesday it has been selected by the U.S. Army to provide a battery-powered electric vehicle for “analysis and demonstration.” GM Defense said it will leverage the GMC Hummer EV to meet the Army’s requirement of a “light to heavy duty battery electric vehicle to support reduced reliance on fossil fuels
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With nagging driver shortages and a dramatic increase in home delivery, commercial trucking and logistics are key and potentially lucrative applications for autonomous-vehicle technology. But first, AV developers must prove to freight companies, government regulators and the public that their self-driving technology is fail safe. What happens if something goes wrong with a self-driving big
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In this article TSLA Tesla Inc. signage outside a dealership at the Easton Town Center shopping mall in Columbus, Ohio, U.S., on Friday, Dec. 10, 2021. Luke Sharrett | Bloomberg | Getty Images Tesla reported earnings after the bell. Here are the results. Earnings per share (EPS): $2.27 (adjusted) vs $1.81 expected, according to Refinitiv
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By Maria Merano Posted on July 19, 2022 Hyundai is working on a €20,000 ($20,487) entry-level electric vehicle for the European market.  Hyundai’s marketing chief for Europe, Andreas-Chirstoph Hofmann, shared a few details about the automaker’s €20,000 all-electric minicar at the Automotive News Europe Congress in Prague. He confirmed that Hyundai was developing a battery-powered
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BERLIN — Ford is severely restricting the availability of its key Fiesta and Focus models for ordering throughout Europe, closing the order books for both models until further notice. This means that only preconfigured models can be ordered until further notice, as the automaker responds to excessively long delivery times, according to a report in
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