Within a decade, state transportation officials say they expect 20% of all Minnesota light vehicles will be electric. Keli Selness of Wayzata prepared to charge her Tesla before shopping at a Target in St. Louis Park with her husband and two sons last week. Once a week, Rodrigo Duran takes his 2019 Tesla Model 3 […]
Bitcoin Jumps After Musk Says Tesla Will Accept Crypto When Miners Use Clean Energy
Elon Musk also said that Tesla sold about 10% of holdings to confirm bitcoin could be liquidated easily without moving market. Tesla Inc Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy. “When there’s confirmation of reasonable (~50%) […]
Tesla to Launch High-End Model S ‘Plaid’ to Fend Off Mercedes, Porsche
Tesla Inc will deliver a high-performance version of its Model S on Thursday, aiming to reignite interest in the nearly decade-old sedan and fend off rivals such as Porsche, Mercedes-Benz and Lucid Motors in the luxury electric vehicle market. Tesla Inc will deliver a high-performance version of its Model S on Thursday, aiming to reignite […]
Tesla’s China-Made Vehicle Sales Surge 29% in May – Auto Association
China’s new electric vehicle sales surged 177% to 185,000 cars in May from a year earlier, CPCA said. Overall passenger vehicle sales, however, rose just 1.1% to 1.66 million cars. BEIJING: Tesla Inc sold 33,463 China-made electric cars in May, including exports, a 29% jump from April, according to data from the China Passenger Car […]
China EV Maker Betting on Cult Status to Sell a Million Cars
GM’s venture aiming for annual sales of 1.2 million next year. Company first built huge following around its small, boxy vans. Since last July, a little-known automaker in China’s southwest has dominated the world’s largest electric car market, outselling bigger players and even Tesla Inc. almost every month with a tiny, bare-bones EV that starts […]
Tesla to Buy More Than $1 Billion of Australian Battery Minerals a Year
Tesla already sources three quarters of its lithium feedstock from Australia and over a third of its nickel, Denham said, without specifying a dollar figure. MELBOURNE – Tesla said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country’s reliable mining industry and responsible production practices. […]
Why Battery Swapping May Finally Become a Part of EV Charging Infrastructure in The U.S.
San Francisco-based Ample has brought electric vehicle battery swapping to the U.S. The company was in stealth mode for seven years before launching recently with five swapping stations in the Bay Area. Uber drivers in the area are Ample’s first customers. The concept isn’t new. A start-up called Better Place launched an EV and battery […]
7-Eleven to Install 500 EV Charging Stations By The End of 2022
Convenience stores are ubiquitous — and they sell the vast majority of gas purchased by consumers in the United States. But as more Americans transition to electric vehicles, a major reason people visit convenience stores will disappear. Industry giant 7-Eleven is looking to capture this growing market of EV drivers. The company said Tuesday it […]
How Tesla is quietly expanding its energy storage business
Tesla CEO Elon Musk announced in 2015 that the electric-vehicle company would be getting into the energy business. Now, it’s starting to take off. On its Q4 2020 earnings call, the company said its battery deployments increased 83% in 2020, particularly thanks to the popularity of the Megapack, which stores energy for utilities. Renewable energy […]
Electric Vehicles: The Ride of Sustainability For Smart Cities
The biggest reason for EVs to be popular is that it had a positive impact on the environment and contributes to a healthier planet. It is also the reason by EVs have been pegged as one of the major pillars of urbanization in smart cities. They revolutionize transport and fulfill every travel need within a […]