Tag: automakers

Axing Tesla’s Supercharger department raises worries as other automakers join network

DETROIT — Elon Musk’s move to lay off the department responsible for Tesla’s electric vehicle chargers has touched off worries in the auto industry that EVs from other automakers will have trouble joining Tesla’s network. Several leaders of Tesla’s Supercharger team posted social media messages saying they were told Monday night that entire group of [...]read moreAxing Tesla’s Supercharger department raises worries as other automakers join network

Elon Musk guts Tesla’s charging team after winning over major automakers

Tesla has gutted its charging team in a new round of layoffs, despite recently winning over major automakers like Ford and General Motors and making its connector the defacto standard in North America. CEO Elon Musk announced the new layoffs in an overnight email to executives, first reported by The Information, in which he said [...]read moreElon Musk guts Tesla’s charging team after winning over major automakers

At least 123 Chinese EV automakers are facing off against Tesla

A BYD 07 EV model electric car. BYD, a Chinese EV brand, remains one of Tesla’s fiercest rivals in China.Pedro Pardo/AFP via Getty Images China’s EV market has become increasingly competitive. About 123 car companies sold electric vehicles, an auto consultant told WSJ. But only a few brands keep Tesla’s dominance in China at bay. [...]read moreAt least 123 Chinese EV automakers are facing off against Tesla

Automakers Keep Killing Off Small Cars Despite Eventually Regretting It

The EV revolution has hit a stumbling block. Sure, sales are technically rising, but they’re not rising anywhere near as quickly as projected. Automakers like Ford are losing big on each vehicle sold, with losses totaling in the billions — and now, The Verge reports that Ford is starting to wonder if maybe it should [...]read moreAutomakers Keep Killing Off Small Cars Despite Eventually Regretting It

Fisker Claims 4 Automakers Are In Talks To Buy Out The Struggling EV Startup

      Photo: Fisker     We learned last month that despite Fisker beginning production on its Ocean SUV, the startup automaker lost nearly half a billion dollars last year and desperately needed a bailout. Nissan was reportedly in negotiations to give Fisker $400 million, but that apparently fell through, so it looked like [...]read moreFisker Claims 4 Automakers Are In Talks To Buy Out The Struggling EV Startup

Automakers hope for new profit stream from bidirectional EV charging

LONDON — Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating their financial cut as EVs that allow their owners to sell power back to grids become a more realistic prospect. Bidirectional, or vehicle-to-grid (V2G), charging lets EV owners charge at overnight off-peak rates then sell power back to [...]read moreAutomakers hope for new profit stream from bidirectional EV charging

Headache-Worthy Cars, Car Buying Horror Stories And Blameless Automakers In This Week’s QOTD Roundup

Image: Standret (Shutterstock) My family has had the same mechanic for what must be 20 years now. He’s less a mechanic and more family at this point. He’s always completely honest and accommodating, and has saved us thousands of dollars over the years by getting our cars back on the road in a timely and [...]read moreHeadache-Worthy Cars, Car Buying Horror Stories And Blameless Automakers In This Week’s QOTD Roundup

Elon’s Offering, But Automakers Aren’t Interested In Licensing Tesla’s Full Self-Driving System

Are you surprised other automakers haven’t come calling? Photo: Jasper Juinen/Bloomberg (Getty Images) Over the past year, Tesla showed off its Full Self-Driving advanced driver assistance tech in an underwhelming demo video shared by big boss Elon Musk. The tech has also been associated with all manner of high-profile crashes and driving misdemeanors in recent [...]read moreElon’s Offering, But Automakers Aren’t Interested In Licensing Tesla’s Full Self-Driving System

Ford delays new EVs once more, showing why legacy automakers need to adopt a startup mentality

Ford announced Thursday that it’s delaying the production of two electric vehicles, a next-generation EV pickup and a three-row EV SUV. The pair are now slated to arrive in 2026 and 2027, delays of one and two years respectively. In their place, the automaker will be introducing hybrids across its U.S. lineup. Ford’s CEO has [...]read moreFord delays new EVs once more, showing why legacy automakers need to adopt a startup mentality