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Posts Tagged ‘ev news’

Grohmann Quits Tesla After Feud With CEO Musk

Leaves after disagreement over handling of previous customers.

by on Apr.27, 2017

Tesla CEO Elon Musk lost another top executive, Klaus Grohmann, after the two disagreed about how to handle Grohmann's now former customers.

As Tesla CEO Elon Musk continues to play whack-a-mole trying to eliminate potential roadblocks to getting the EV maker’s mainstream model, the Model 3, into production on schedule, there have been a few glitches.

The most recent being departure of Klaus Grohmann, who left last month after a clash with Musk. Grohmann was leading the company’s efforts to improve the “machines that build the machines” at Tesla.

The Inside Story!

The pair disagreed over Musk’s insistence on shedding long-time customers – and competitors to Tesla – from Grohmann’s company, which Tesla had acquired in November, according to Reuters. The carmaker wanted all of its new engineering subsidiary’s resources focused on bringing the Model 3 to market on time, with high quality and in large numbers: 500,000 units annually by 2018. (more…)

Tesla Doubling Up Number of Superchargers

EV maker planning to have 10,000 chargers by end of 2018.

by on Apr.24, 2017

Tesla says this is going to become a more common sight in 2017 as it plans to build another 5,000 Supercharging stations.

Tesla’s all charged up about the pending introduction of the Model 3 later this summer and to prove it, apparently, they’re making sure that more Tesla owners than ever will be able to charge up while driving America’s highways and byways.

The EV maker has more than 5,400 Supercharger stations worldwide and plans to nearly double that to 10,000 units by the end of 2017. In North America, the company pledged to increase the number of super chargers by 150%, including adding 1,00 0 Superchargers in California.

Tech News!

“As Tesla prepares for our first mass-market vehicle and continues to increase our Model S and Model X fleet, we’re making charging an even greater priority,” the company noted in its corporate blog. (more…)

GM Hustling to Get First All-Electric Car on Road in China

Government accelerating EV mandates causing automakers to hurry.

by on Apr.21, 2017

Matt Tsien, who heads up GM China, said the company will have an all-electric vehicle on Chinese roads within two years.

General Motors will have a pure electric vehicle on the road in China within two years and eight more will follow by 2020. The automaker is jump starting its efforts to keep pace with the Chinese government’s accelerating demand for EVs.

Matt Tsien, head of GM China, unveiled the plan during a press conference at the Shanghai auto show. He said GM expects annual sales of 150,000 electric and hybrid cars in China by 2020 and possibly in excess of 500,000 by 2025.

The Last Word!

“In the next several years, out to 2020, we expect to launch at least 10 new energy vehicles into the marketplace,” said Tsien, using the government’s term for electric and hybrid vehicles. “We have a pipeline that is going to materialize, that’s going to put us in a very good position from a fuel economy requirement perspective.” (more…)

VW Reveals I.D. Crozz, Promises to Launch Battery Car in China

Battery SUV is third I.D. concept.

by on Apr.18, 2017

Volkswagen's third concept vehicle in the I.D. EV line-up is the I.D. Crozz. The ute could be VW's first EV entry into China.

Volkswagen has pulled the wraps off the third of its I.D. battery-car concept vehicles, offering a hint of what might be in store when it launches its first electric vehicle in China later this year.

VW brand boss Herbert Diess has already promised to put 30 battery models into production by 2025, and many of them are expected to carry the new I.D. sub-brand badge. The German automaker is largely shifting from diesel to battery power in the wake of its emissions scandal. But it is also facing pressure from governments around the world – China, in particular – to adopt new zero-emissions technologies.

Global Auto News!

So far, VW isn’t saying which battery model will be launched in China this year. It is likely that it will go with an existing product, such as the e-Golf. But Diess is suggesting that the new I.D. Crozz is being viewed as more than just a concept, with the battery-SUV likely to reach showrooms no later than 2020. (more…)

Volkswagen Spending $300M to Begin Electrifying America

New effort to install chargers in 11 markets part of $15B settlement. 

by on Apr.17, 2017

Volkswagen is getting ready to build $300 million worth of new EV chargers in 11 markets.

Volkswagen is making the first “payment” on its $15 billion settlement with the United States as it unveiled its spending $300 million on new chargers for electric vehicles through its Electrify America subsidiary.

The company is planning to build “hundreds” of charging stations with non-proprietary chargers in 11 different markets: Boston, Chicago, Denver, Houston, Miami, New York City, Philadelphia, Portland, Raleigh, Seattle and Washington, D.C. Many of those stations will be along well-traveled highway corridors.

Stay Plugged In!

The program is expected to grow to more than 300 stations in 15 markets. The idea behind the project is to further stimulate interest in electric vehicles by cutting down on the largest problem facing EV sellers: range anxiety. (more…)

Green Isn’t Gone From NY Auto Show

It ain’t easy being green, but it sure can be fun! 

by on Apr.14, 2017

This Lucid Air prototype set a new record pushing 217 mph on a track using electric motors on each axle.

Performance and muscle cars dominate the New York International Auto Show this year, with everything from the 840-horsepower, wheelie-popping Dodge Demon to the more subtle but equally jaw-dropping Koenigsegg Agera RS1, at 1,360-horsepower, making their debut at the Jacob Javits Convention Center.

There are high-performance SUVs, exotic sports cars, coupes and, well, just about everything that you can imagine. Perhaps that’s no surprise considering the fact that gas remains cheap and the Trump Administration is hinting it may roll back the aggressive fuel-economy mandates that were expected to rise to 54.5 mpg by 2025.

Auto Show News!

But while the green machines that have had such a high-profile presence at the New York International Auto Show in recent years may be taking a back seat, they are far from gone entirely. In fact, some of the more intriguing debuts during this past week’s media preview show that environmentally friendly vehicles are becoming even more of a presence than ever. (more…)

Tesla Adding Pickup, Semi-Truck

Other models reportedly on the way after Model 3.

by on Apr.13, 2017

Tesla CEO Elon Musk tweeted the EV maker will rollout a new semi-truck this fall.

Following up on earlier tweets indicating several new battery vehicles were under development, Tesla CEO Elon Musk tweeted that the company was planning to introduce a new semi-truck in September, with an electric pickup truck to follow in about 18 to 24 months.

The big truck was first hinted at last July, when Musk unveiled his “Master Plan, Part Deux.” He had previously expressed interest in a pickup several years ago, about the same time Tesla began searching for a site for its Gigafactory battery plant.

Inside News!

“Tesla Semi truck unveil set for September,” Musk said on Thursday, the tweet adding, “Team has done an amazing job. Seriously next level.” (more…)

EV Maker Lucid Looks to Challenge BMW, Mercedes

CEO says market has room for Lucid and Tesla.

by on Apr.13, 2017

Lucid Motors' Peter Rawlinson discusses the company's new model, the Lucid Air, during the New York International Auto Show.

Can anything top Tesla, the California electric vehicle manufacturer that this week topped General Motors in terms of its market capitalization and which hopes to deliver a five-fold increase in sales between 2016 and 2018?

Some folks are pointing to another small battery-car start-up, Lucid Motors, as the most serious challenger. The start-up made a splashy debut at the New York International Auto Show on Thursday, previewing not only a prototype of the production car it hopes to bring to market in 2019, but also a test vehicle that recently clocked a record 217 mph test track run.

Stay Plugged In!

Lucid’s numbers are certainly impressive, the production model expected to punch out 1,000 horsepower from a pair of electric motors, one driving the front axle, the other on the rear, creating what is sometimes called a through-the-road all-wheel-drive system. (more…)

More Worries as Tesla Strains Finances Rushing to Launch Model 3

Stock analysts as analysts issue new warnings.

by on Feb.27, 2017

Investors are growing increasingly worried about Tesla's finances, sending its stock tumbling again.

Tesla shares took another sharp dip on Monday, continuing a decline triggered by the maker’s weak fourth-quarter earnings, and the admission by CEO Elon Musk that the battery-carmaker’s finances were “getting very close to the edge.”

Shares were off 4.2% at the end of Monday trading, to $246.23, as Goldman Sachs became the latest to turn on Tesla, analyst David Tamberrino downgrading the maker’s stock from “neutral” to “sell.” The market turned bearish when, last week, Tesla reported that it lost $121.3 million, or 78 cents a share, during the final quarter of 2016.

Beyond the Headlines!

That might have been taken in a more positive light, considering that was less than half the $320.4 million deficit posted during the fourth quarter of 2015. But Musk struck a cautious note when advising analysts and media during a conference call that the company has been burning through cash at a frantic rate as it prepares to introduce its new Model 3 sedan over the summer. (more…)

Tesla Posts Q4, Full-Year Loss

Company says Model 3 launching in July, full volume in September.

by on Feb.22, 2017

Tesla's Elon Musk dismissed concerns about possible delays involving the Model 3, which is slated to begin production this summer.

Tesla’s founder and leader Elon Musk dismissed concerns about the much-anticipated launch of its mainstream vehicle, the Model 3, this summer, noting the substantive differences between it and the preceding vehicles.

Musk noted during the maker’s Q4 earnings call, that the Model 3 is a much less complicated vehicle than its predecessors, lacking some of the gee-whiz technology like the self-presenting door handles.

Electrifying News!

Additionally, the company has a track record of success, in terms of production, so suppliers are providing the company with their “A-teams,” making for fewer problems and constraints. Finally, he noted that it’s the company’s fourth time through process and the learning curve will reflect that. (more…)