Top News:
- Tesla Model 3: Musk confirms 50kWh and 70kWh batteries – Autocar: Elon Musk shared pic of first Tesla Model 3 off the production line on Twitter Tesla CEO Elon Musk has also revealed that a hot variant of his new electric BMW 3 Series rival is due in mid-2018
- Oklahoma’s $100 electric car fee challenged by Sierra Club – Automotive News: Oklahoma’s bid to help close a budget shortfall with a new $100 fee on electric vehicles drew a court challenge from the Sierra Club.
- BHP turns to electric car batteries to recharge its nickel business – Reuters: ) – The rise of electric vehicles is driving the world’s biggest mining house, BHP, to switch gears and invest heavily in its long-suffering nickel business. Eduard Haegel, division chief of BHP Nickel West, said the company planned to …
- Takata seeks to suspend airbag victims’ lawsuits against carmakers – Automotive News: Takata will ask a U.S. judge on Wednesday to suspend lawsuits against automakers that have been brought by people injured by its faulty airbags, something that opponents say is an abuse of the law.
- Next Subaru Forester targets Honda CR-V with all-new underpinnings – Autocar: Early development car suggests Subaru will continue to shift its Forester further into road-biased SUV territory
- Lower Saxony should sell VW stake: Free Democrats – Reuters: Germany’s liberal Free Democrats (FDP) on Wednesday urged the state of Lower Saxony to sell its stake in Volkswagen , citing the risk of conflicts of interest weakening the region’s oversight of the scandal-hit carmaker.
- BRIEF-EV Energy Partners reports Q2 loss of $0.50/shr – Reuters: Qtrly total revenues $56.1 million versus $42.8 million
- Tata Motors first-quarter profit rises 42 percent – Reuters: Tata Motors Ltd posted a 42 percent rise in quarterly profit on Wednesday.
- Analysis: How will the UK handle the EV revolution? – Autocar: “Clusters of recharging EVs could cause voltage drops locally” When electric vehicles become mainstream, how will the UK’s national grid cope?
- Tesla Tests Stock Pitch on Bond Investors – WSJ: Tesla has raised billions of dollars in equity by selling stock investors a story of unlimited growth. Now they’re hoping the same playbook will work with bond investors. It’s not yet clear how effective the approach will be. The deal is being proposed …
- 2018 Nissan Leaf – specs leak shows new drivetrain will have 148bhp – Autocar: The Leaf was leaked onto the internet via Twitter Leak suggests new car will have more power and a bigger battery; Leaf is confirmed to be available with Nissan’s ProPilot semi-autonomous driving system
- Elon Musk Inspires World’s Top Miner to Target Electric Vehicle Boom – Bloomberg: … that EV batteries typically contain higher quantities of the metal than lithium.
- Nissan to Pay $98 Million Air Bag Malfunction Settlement – Bloomberg: Nissan Motor Co. and its U.S. unit will pay almost $98 million to settle economic-loss claims tied to Takata Corp. air bag recalls. The agreement, filed in…
- Tesla fighting Michigan sales law as Model 3 rolls out – Detroitnews: With “no prospect of a settlement,” a suit challenging Michigan’s auto dealership law is set to stretch well into 2018
- VW workers want new model for Germany to boost flagging output – Reuters: Volkswagen’s top labor representative has urged the carmaker’s management board to assign a new vehicle model to Germany to boost flagging capacity utilization or risk missing hard-fought productivity goals.
- Ford repairs Austin police SUVs, but questions linger – Detroitnews: Austin pulled nearly 400 Explorers off patrol fleet late last month because of carbon monoxide concerns
- Eleven States Jockey to Land Toyota-Mazda Production Facility – WSJ: Toyota Motor Corp. and Mazda Motor Corp.’s announcement last week that they have joined together to develop a $1.6 billion factory in the U.S. set off…
- Nissan Selling Battery Business to GSR for $1 Billion – Bloomberg: Nissan Motor Co. is selling its battery business to Chinese private equity firm GSR Capital for about $1 billion, a person with knowledge of the matter…
- By Buying Mobileye, Intel Jumps Firmly Into Driverless Car Race – New York Times: The two companies have been working with BMW on self-driving cars and are partners with Delphi Automotive, a supplier of advanced automotive…
- Ford offers possible explanation for carbon monoxide leaks – CBS News: Ford Motor Company came up with a possible explanation Tuesday for carbon monoxide seeping into the Police Interceptor…
- Israeli Start Up Raises $50 Million For Lidar Sensing Technology In Self Driving Cars – Forbes: A test driver removes his hands from the steering wheel of a Tesla Motors Inc. Model S electric automobile fitted with self-driving technology,…
- GM’s Self-Driving Unit Launches Ride-Hailing App – WSJ: General Motors Co.’s autonomous-vehicle arm has hatched its own ride-hailing app for self-driving cars, a sign the Detroit auto giant could sidestep its…
- Hertz CEO Touting Turnaround Plan After Third Straight Loss – Bloomberg: Hertz Global Holdings Inc. is making advances slimming its bloated fleet of fast-depreciating cars, tempering concerns about the rental-car company’s…
- Nissan agrees to $98 mln settlement on Takata economic loss claims – Reuters: Nissan Motor Co on Tuesday agreed to pay … States tied to the recall of 4.4 million vehicles with Takata air bag inflators, …
- Mazda boosts petrol engine efficiency in fresh blow to diesel – Guardian: Mazda president Masamichi Kogai shows a slide about its new engine Skyactiv-X, in Tokyo, Japan. Photograph: Kim Kyung-Hoon/.
- Tesla’s Model S And Model X Still Have Room To Grow – Forbes: There has been some speculation in recent months that the sales of Tesla Motors’ premium vehicles could be leveling off. The company already holds…
- Billionaire Who Made Killing on Cobalt Bets on Battery Fund – Bloomberg: Cobalt is essential for lithium-ion batteries powering anything from Tesla Inc.’s cars to Apple Inc.’s iPhones and iPads. Heath Jansen, a mining analyst…
- China refines rules for surging car-sharing sector – FT: … chief executive of EVCARD, a subsidiary of SAIC Motor, which operates 8,400 electric vehicles in 20 cities, making it the largest car-sharing platform…