Tesla will Showcase Electric Semi-Truck at November 16 Event
Tesla Motors has sent invitations for unveiling of electric semi-truck on November 16. The event was earlier planned in October but the company had to push it to November 16 due to production bottlenecks. The event will be held in Hawthorne, California. Tesla recently informed that the company could start production of electric trucks within two years.
After electric cars, automobile companies are now working on electric trucks as well. Volkswagen announced $1.7 billion investment in development of electric trucks and buses. Cummins recently shared prototype of its electric truck. Last week, Daimler shared electric truck concept vehicle with 220 miles range. Commercial vehicle segment could offer much better margins and sales for automobile majors.
Tesla has been running behind schedule for its mass-market vehicle Model 3. As the company faced production issues, Tesla CEO Elon Musk informed last month that the company could miss some of its targets for Model 3 production.
Tesla stock declined after the company reported larger-than-expected loss during the latest quarterly results. Market analysts and investors have become doubtful about Tesla reaching its production targets for Model 3. The production increase for Model 3 is also impacting other Tesla projects.
According to the latest official registration data released in Norway, the sales of electric vehicles (EVs) in the country touched a new record high in September 2018.
French automaker Groupe Renault has introduced an ‘affordable’ new all-electric vehicle --- the Renault K-ZE electric crossover. The new vehicle was unveiled recently by Groupe Renault Chairman and CEO Carlos Ghosn.
In a recent press release, Australia-based integrated lithium miner and refiner Kidman Resources Limited has announced an offtake agreement which the company has signed with US-based electric vehicle (EV) manufacturer Tesla Motors.
German automaker BMW has released a design sketch to tease the concept version of its iNext electric car.
At electric vehicle maker Tesla’s Q1 2018 earnings call, CEO Elon Musk announced that Tesla Motors plans to build its next Gigafactory in China.
The Boring Company promoted by Elon Musk has received an order to setup transport system in Chicago.