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Posts Tagged ‘electric vehicle’

Nio electric vehicles sales took a hit as it scrambled to handle battery recall

Nio delivered just 837 electric vehicles in July, a nearly 38% drop from the previous month that was largely caused by a voluntary recall of its high-performance ES8 SUV. The Chines automotive startup issued a voluntary recall in June of nearly 5,000 ES8 SUVs after a series of battery fires in China and a subsequent ...

Auto supplier Continental shifts gears — and its capital — to an electric future

Continental AG, a global auto-parts supplier, will no longer invest in parts used in internal combustion engines, the latest sign that the automotive industry is being forced to respond to increasingly strict emissions laws. Instead, the company said it will put more focus and capital on the electric powertrain, which it believes is the “future ...

Nissan and EVgo to add 200 fast chargers as more electric vehicles hit US roads

Nissan and EVgo said Tuesday they will install another 200 DC fast chargers in the United States to support the growing number of consumers who are buying electric vehicles, including the new Nissan Leaf e+ that came to market earlier this year. The 100 kilowatt DC fast-charging stations will have both CHAdeMO and CCS connectors, ...

Tesla earnings day is here: Pay attention to these 4 indicators

Tesla will report its second-quarter earnings after market closes today. And while CEO Elon Musk’s traditional post-report conference call with analysts tends to garner the most buzz and headlines, there are some important matters — namely numbers — to watch for in the automaker’s actual earnings report. Before getting into what indicators to pay attention ...

Toyota locks in more than a supply of EV batteries in deal with China’s CATL

Toyota needs more than a secure and steady supply of batteries if it hopes to meet its ambitious global sales goal for electric vehicles. If it hopes to compete, the Japanese automaker will need better quality lithium-ion batteries that don’t squeeze profit margins. The automaker is turning to Chinese EV battery supplier CATL for the ...

Ford and Volkswagen team up on EVs, with Ford the first outside automaker to use VW’s MEB platform

Automakers Ford and Volkswagen have announced a partnership today that covers a number of areas, including autonomy (via a new investment by VW in Argo AI) and collaboration on development of electric vehicles. This EV tie-up will see Ford use Volkswagen’s MEB platform, which it’s using as the core of its forthcoming line of consumer ...

Bosch launches cloud-connected battery management to extend the life of EV batteries

Bosch is bringing to market a new cloud-connected software service to manage and monitor the battery life of electric vehicles. “Bosch is connecting electric-vehicle batteries with the cloud. Its data-based services mean we can substantially improve batteries’ performance and extend their service life,” said Dr. Markus Heyn, member of the board of management of Robert ...

BMW is making it easier to charge electric vehicles near America’s national parks

BMW has finished a nearly two-year project to bring 100 electric vehicle charging stations to America’s national parks. The automaker partnered in 2017 with several U.S. agencies, including the National Park Foundation, National Park Service, and Department of Energy, to donate 100 electric vehicle charging stations in and near to national parks throughout the United ...

Tesla sets new delivery record of 95,200 electric vehicles

Tesla delivered 95,200 of its electric vehicles in the second quarter, a dramatic reversal from a disappointing first period that set a new record and beat analysts’ expectations. Analysts expected Tesla to deliver 91,000 vehicles during the second quarter, according to estimates compiled by FactSet. The record-breaking figures stand in stark contrast to the company’s ...

Nio recalls nearly 5,000 ES8 electric SUVs over fire risk

Chinese automotive startup Nio is recalling nearly 5,000 of its ES8 high-performance electric SUVs after a series of battery fires in China and a subsequent investigation revealed a vulnerability that created a safety risk. The recall affects a quarter of the ES8 vehicles it has sold since they went on sale in June 2018. A ...