India’s fourth-largest auto company, M&M, is shifting into a higher gear and pressing down on accelerator. It plans to fuel its business growth with an ambitious capital infusion plan. It will inject Rs 37,000 crore into its business, across different segments, over the next three years. A bigger part of this money will go into … Read more
Good morning! It’s Thursday, May 16, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla’s Cybertruck Has Finally Arrived 1st Gear: Cybertruck Already Beating Out Electric Truck Mainstays The Tesla Cybertruck is … Read more
The controversial expansion of Tesla’s only European gigafactory was approved on Thursday, as the local council in the German municipality of Grünheide voted in favor of the carmaker’s plans to grow its facility near Berlin. The majority of 19 council representatives supported Tesla’s plans to expand its only European gigafactory. Eleven councilors voted in favor … Read more
Mahindra Group has announced a massive investment plan of Rs 37,000 crore over the next three years, with a significant portion dedicated to the auto sector. Anish Shah, the Managing Director and CEO, revealed that the company aims to introduce 23 new vehicles by 2030. This ambitious plan includes the launch of nine internal combustion … Read more
Cheap but efficient Chinese electric vehicles (EVs) have sent a scare in the US and Europe. Many have predicted doomsday scenarios. The Alliance for American Manufacturing has said that government subsidized Chinese EVs “could end up being an extinction-level event for the U.S. auto sector”. Earlier this year, Tesla CEO Elon Musk told industry analysts … Read more
The Biden administration’s new tariffs on Chinese electric vehicles and other strategic sectors aim to protect the future of U.S. manufacturing, but they will likely accelerate a shift of Chinese production to Mexico, Vietnam and elsewhere to avoid them. U.S. officials and trade experts say that without strong efforts to cut off transshipped or lightly … Read more
The school bus is in many ways ideal for V2G. “There’s no uncertainty in terms of the use of the bus,” says Patricia Hidalgo-Gonzalez, director of the Renewable Energy and Advanced Mathematics Lab at UC San Diego, who studies the grid but wasn’t involved in the project. “Having that clarity on what the transportation needs … Read more
Today, the Biden administration announced a near-unprecedented 100 percent tariff on Chinese-made electric vehicles, a move the White House said would protect the American industry from “unfairly priced Chinese imports.” Previously, tariffs on Chinese EVs sat at 25 percent. Electric vehicle batteries and battery components will also be subject to new tariffs—Chinese lithium-ion battery tariffs … Read more
The future of Tesla Supercharging is uncertain following CEO Elon Musk’s disbanding of the Supercharging team as part of a broader restructuring. The roughly 500 layoffs included senior director of EV charging Rebecca Tinucci and Daniel Ho, director of vehicle programs. Musk’s abrupt decision has raised concerns about the future of Tesla’s EV charging system, … Read more
Tesla’s charge port has become the North American Charging Standard (NACS), but what does it take for non-Tesla owners to take advantage of the brand’s ubiquitous Supercharger network? Online retailers like Amazon are full of NACS adapters that look like they would allow non-Tesla EVs to charge at Tesla Superchargers, but unfortunately none of these … Read more
