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Tesla Unveils Game-Changing Robotaxi and Robovan at "We, Robot" Event
Tesla

Tesla Unveils Game-Changing Robotaxi and Robovan at “We, Robot” Event

Tesla’s highly anticipated “We, Robot” event, held on October 10, 2024, at Warner Bros. Studios in Burbank, California, showcased the company’s latest advancements in autonomous vehicle technology and robotics. The event marked Tesla’s first major product reveal since the Cybertruck unveiling in 2019. Robotaxi: The Future of Autonomous Transportation The star of the show was…

Tesla Ranks as Only AAA-Rated Supplier in New BESS Bankability Report
Tesla

Tesla Ranks as Only AAA-Rated Supplier in New BESS Bankability Report

Tesla’s dominance in energy storage hits new heights as the only company to secure an AAA rating in the new Battery StorageTech Bankability Ratings report, outpacing competitors in the growing BESS market. According to the Battery StorageTech Bankability Ratings report, Tesla has earned the distinction of being the only AAA-rated energy storage solutions supplier in…

Tesla's Robotaxi Day: Make or Break for Musk's EV Empire
Make

Tesla’s Robotaxi Day: Make or Break for Musk’s EV Empire

Tesla’s upcoming Robotaxi Day could be a pivotal moment for the electric vehicle giant and its CEO, Elon Musk. According to a Barron’s article, the event on October 10 in Hollywood, California, may determine whether Tesla regains its position among the “Magnificent Seven” tech companies or becomes just another automaker in a crowded EV market.…

Toyota Takes Flight with $500M Investment in Joby's Electric Air Taxi Vision
Toyota

Toyota Takes Flight with $500M Investment in Joby’s Electric Air Taxi Vision

In a bold move that signals a new era of urban mobility, Toyota Motor Corporation is soaring to new heights with a hefty $500 million investment in Joby Aviation’s electric air taxi dream. This groundbreaking announcement cements Toyota’s position as a key player in the race to revolutionize city transportation. A Partnership Reaching New Altitudes…

Porsche Macan EV Charges Ahead with Impressive EPA Range and Cutting-Edge Tech
Elon Musk

EV Sales Hold Steady as Overall Auto Market Slows

Battery-electric vehicles (BEVs) are maintaining their foothold in the US auto market, defying a broader slowdown in new vehicle sales. According to estimates from S&P Global Mobility, BEVs claimed 8% of new vehicle sales in June and July, with September expected to surpass that benchmark. This resilience comes at a time when the overall auto…

Lucid Opens New Office Near Detroit, Tapping into Auto Industry Talent
Lucid

Lucid Opens New Office Near Detroit, Tapping into Auto Industry Talent

Lucid Motors, the California-based electric vehicle manufacturer, has officially opened a new office in Southfield, Michigan, just 15 miles from Detroit. This strategic move reportedly aims to bolster the company’s production capabilities by tapping into the rich talent pool of the traditional auto industry. Lucid’s Scaling Up Production Lucid’s been facing some hurdles in ramping…

Lucid Group Cuts Workforce Amid Restructuring
Lucid

Lucid Motors Expands to Detroit, Tapping Local Talent for EV Growth

Lucid Motors, a Silicon Valley-based electric vehicle (EV) startup, has officially opened a new office in Southfield, Michigan, aiming to tap into Detroit’s rich automotive talent pool and boost its operations. This strategic move comes as Lucid prepares for the launch of its highly anticipated Gravity, a three-row electric SUV. CBT News reports that the…

VinFast's Second-Quarter Loss Deepens Amid Aggressive Expansion
VinFast

VinFast’s Second-Quarter Loss Deepens Amid Aggressive Expansion

Vietnamese electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday, driven by rising costs linked to its ambitious Asia expansion, although its revenue remained on a rising trend, according to its exchange filing. The company, which started delivering cars in California last year, is facing challenges as it seeks to capitalize on growing demand…

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