Tag - Automotive industry

Tesla
Technology
UK news
Environment
Business
A secondhand EV is a possibility for many families as the cost of desirable models, including Kias and Teslas, falls to £15,000 If your current car is on the way out and you think an electric replacement is too expensive, think again. Three-year-old Tesla Model 3s and Kia e-Niros that will do 250-300 miles on a single charge can now be bought for as little as £14,000. In the last year, forecourt prices for used electric cars have tumbled to the extent that previously unaffordable models are now within the reach of many families for the first time. Continue reading...
August 24, 2024 / The Guardian | Technology
Tesla
World news
Europe
Business
Electric, hybrid and low-emission cars
The 9% tariff is much less than the up to 36.3% others face after investigation into Beijing’s ‘unfair’ subsidies of EVs * Business live – latest updates Tesla will face a 9% levy on its Chinese-made cars exported to the EU, the European Commission has said, as it issued an update on its sweeping investigation into Beijing’s “unfair” subsidies of electric vehicles. The tariff on Tesla – far lower than the 21.3% average on companies that cooperated with the EU investigation and 36.3% on those that did not – came after the California-headquartered firm requested individual treatment as part of the wider Brussels inquiry. Continue reading...
August 20, 2024 / The Guardian | Technology
Tesla
World news
Technology
US news
US elections 2024
There are signs the billionaire is becoming unpopular with the very demographic group most likely to buy EVs Elon Musk has long flirted with rightwing politics, and delights in pushing an image of himself as a contrarian showman. Yet in recent months the billionaire’s political allegiances have started to raise a question for Tesla, the company that he built into the world’s largest electric carmaker: just how far can he go before customers start to abandon his products? The German pharmacy chain Rossmann was one of the first to put its head above the parapet this week. The family-owned company announced that it would not add to the 34 Teslas in its company fleet because of Musk’s endorsement of Donald Trump for US president. Continue reading...
August 10, 2024 / The Guardian | Technology
Tesla
World news
Technology
UK news
US news
Billionaire says Optimus will start performing tasks for carmaker in 2025 and could be ready for sale in 2026 * Business live – latest updates The Tesla chief executive, Elon Musk, has claimed the company will produce “genuinely useful” humanoid robots to start working in its factories next year. The world’s richest person, who has a penchant for making overambitious claims on social media, posted on his platform X, formerly Twitter, that he also hoped to expand into “high production” mode to make robots with a humanlike form available sell to other companies in 2026. Continue reading...
July 23, 2024 / The Guardian | Technology
Technology
UK news
Energy
Business
Electric, hybrid and low-emission cars
Electric vehicles are ‘batteries on wheels’ that can put energy back into the National Grid when solar panels and windfarms do not provide much power Electric cars make some people afraid of the dark. While the batteries produce much less carbon, they require much more electricity to run. This has prompted ominous warnings that Great Britain and other wealthy countries set on banning new petrol and diesel cars risk plunging their populations into darkness. In recent months British net zero-sceptical newspapers have warned that the shift to EVs would “risk overwhelming the grid, and threaten catastrophic blackouts” when intermittent sun and wind fail to provide the necessary power. Another article claimed: “It won’t take an enemy power to put us all in the dark – just energy customers doing normal things on a normal winter’s evening.” Continue reading...
July 15, 2024 / The Guardian | Technology
Technology
UK news
Business
Automotive industry
Motoring
All new cars must have the devices from 7 July, adding fuel economy as well as safety. Will mpg become the new mph? In the highway code and the law courts, there is no doubt what those big numbers in red circles mean. As a quick trip up any urban street or motorway with no enforcement cameras makes clear though, many drivers still regard speed signs as an aspiration rather than a limit. Technology that will be required across Europe from this weekend may change that culture, because from 7 July all new cars sold in the EU and in Northern Ireland must have a range of technical safety features fitted as standard. The most notable of these is intelligent speed assistance – or colloquially, a speed limiter. Continue reading...
July 5, 2024 / The Guardian | Technology
Tesla
Technology
US news
Business
Quarterly results
Electric automaker’s quarterly deliveries fell for two straight quarters for the first time ever Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products and electric vehicles overall. The Austin, Texas, company said on Tuesday that it sold 443,956 vehicles from April through June, down 4.8% from 466,140 sold the same period a year ago. The sales were better than the 436,000 figure that analysts had expected. Continue reading...
July 2, 2024 / The Guardian | Technology