Tag: Tesla EV

Tesla Official Omead Afshar Turns Up at SpaceX in New Starship Role
Technology

Tesla Official Omead Afshar Turns Up at SpaceX in New Starship Role

[ad_1] Omead Afshar, who led operations at Tesla Inc.’s new plant in Texas, is now at SpaceX working on Elon Musk’s ambitious Starship deep-space rocket. Omead Afshar, who led operations at Tesla Inc.'s new plant in Texas, is now at SpaceX working on Elon Musk's ambitious Starship deep-space rocket, according to people familiar with the matter.Afshar has been named vice president: Starship production at the company, formally known as Space Exploration Technologies Corp., according to two of the people, who asked not to be identified discussing private information. It's not known if he is now working at both companies. Afshar hasn't been seen at Tesla's Austin plant for a number of weeks, two people said. Afshar didn't immediately respond to a request for comment. Neither did represent...
Tesla Gives Demo to Agency Probing Self-Driving Claims
Technology

Tesla Gives Demo to Agency Probing Self-Driving Claims

[ad_1] Tesla Inc. demonstrated a beta version of its driver-assistance system for California transportation officials. Tesla Inc. demonstrated a beta version of its driver-assistance system for California transportation officials, including outside consultants the automaker previously sought to bar from the event. The demo of the system Tesla markets as Full Self-Driving was held last week at the Sacramento headquarters of the Department of Motor Vehicles, according to emails Bloomberg viewed via a public records request. Also at the Oct. 26 event were a representative of the Highway Patrol, a deputy secretary with the state transportation agency and three outside advisers for the DMV. At least two of the consultants have made statements critical of Full Self-Driving, or FSD. In ...
Tesla Cuts China Prices, Partly Reversing Previous Increases
Technology

Tesla Cuts China Prices, Partly Reversing Previous Increases

[ad_1] Tesla Inc. cut the price of its cars in China by about 5% as it ramps up production at its Shanghai factory. Tesla Inc. cut the price of its cars in China by about 5% as it ramps up production at its Shanghai factory, partly reversing price hikes imposed earlier this year. The US-based electric vehicle pioneer lowered the price of its locally-built basic Model 3 to 265,900 yuan ($36,774) from 279,900 yuan effective Monday, its website shows. The starting price of a Model Y SUV was cut to 288,900 yuan from 316,900 yuan. The cuts come as Tesla faces hotter competition from local EV makers such as BYD Co., which sold a record 200,973 vehicles last month, and upstarts like Nio Inc. and Xpeng Inc., which are expanding their line-ups. Domestic automakers accounted for almost 80%...
Divisive Startup Kingpin, Ola’s Bhavish Aggarwal, Doubles Down on EVs to Undercut Elon Musk
Technology

Divisive Startup Kingpin, Ola’s Bhavish Aggarwal, Doubles Down on EVs to Undercut Elon Musk

[ad_1] Bhavish Aggarwal hopes to disrupt the electric car market by selling lower cost designs. When Bhavish Aggarwal arrived for a recent visit at the Ola Futurefactory, marketed as the world's largest electric two-wheeler plant, the company's founder was quick to spot a shuttered entryway that should have been left open. He immediately summoned a custodial manager, people who were present said, and meted out a punishment: run three laps around the several-acre-large plant. Such an unsparing attitude has made Aggarwal, 37, one of India's most determined entrepreneurs but also one of its most divisive. In his twenties, the founder of India's largest ride-sharing company held off deep-pocketed rival Uber to remain the country's top brand. Now, Aggarwal wants his Ola Electric Mobilit...
Sony Honda to Make Premium EVs in North America From 2025
Technology

Sony Honda to Make Premium EVs in North America From 2025

[ad_1] Sony Group Corp. and Honda Motor will target the premium electric vehicle market through their joint mobility venture. Sony Group Corp. and Honda Motor Co. will target the premium electric vehicle market through their joint mobility venture in 2025, as the two try to gain ground in a field already crowded by earlier entrants such as Tesla Inc. Sony Honda Mobility Inc. will produce its EVs at Honda's North American facilities, and sales and personal customization will take place primarily online, its Chief Executive Officer Yasuhide Mizuno said in a news conference on Thursday. The company will deliver cars to customers in North America first in 2026, with delivery in Japan to come in the second half of 2026, he said. Sales in Europe would be next. The two Japanese firms jo...
More Than Half of US Car Sales Will Be Electric by 2030
Technology

More Than Half of US Car Sales Will Be Electric by 2030

[ad_1] Biden’s climate spending is set to kickstart the market for Electric Vehicles, according to a new forecast from BloombergNEF. Just over half of passenger cars sold in the US will be electric vehicles by 2030, according to a report from BloombergNEF, thanks in part to consumer incentives included in the $374 billion in new climate spending enacted by President Joe Biden. Those incentives, among them a point-of-sale tax credit of up to $7,500 for a new EV purchase, are likely to boost the pace of adoption, BloombergNEF analysts found in the report. Prior to passage of the Inflation Reduction Act (IRA) in August, projections for EV sales by 2030 2030 came in at 43% of the US market. With the climate-spending measure in...