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 a new report, EV startup Rivian Automotive has shared some interesting details about two electric vehicles -- A1T Pickup Truck and AIC SUV -- which it plans to produce at an old Mitsubishi vehicle-manufacturing factory in Normal, Illi
Tesla Motors CEO Elon Musk has told Tesla employees via a recent email that Model 3 production ramp has recorded some noteworthy progress this week. The report was first published by electric vehicle magazine Electrek.
In a recent announcement, Germany-based home battery pack and electric vehicle charger manufacturer sonnen has said that it has secured a new financing round of ~$70 million USD.
In a recent Twitter post, Tesla CEO Elon Musk has apparently announced that the automaker’s Model Y electric car is likely to be revealed next year, on “March 15.” This disclosure by Musk has come in response to a query from a Twitter user.
According to a recently released report based on new vehicle registrations, Tesla Model 3 became the best-selling car in the ‘mid-size premium sedan’ segment -- electric and other vehicles included -- in California during the first quarter of 2018
British energy company BP has announced that it is investing an amount of $20 million in Israeli startup StoreDot which is known in the battery world for its ‘ultra-fast charging battery.’