LG Energy Solution recruiting top talent to improve battery tech LG Energy Solution (LGES) recently held a Battery Tech Conference (BTC) in Seoul, South Korea to recruit top talent. The South Korean company wants to “write a new history” for battery technology as it aims to grow in the industry. “Let’s write a new history….
Author: tslaadmin
Stellantis slashes 2024 profit forecast
Stellantis slashes 2024 profit forecast Stellantis slashed its 2024 profit forecast. Its new forecast considers its decision to “enlarge remediation actions” to address performance issues in North America. The legacy automaker added that its revised 2024 financial guidance also considers the competition from China’s auto industry. Below are Stellantis’ revised 2024 market outlook and financial…
Canada considers banning China-made software in EVs
Canada considers banning China-made software in EVs Canada is considering a ban on China-made software for electric vehicles (EVs). The potential ban follows Canada’s announcement to implement tariffs on EVs and aluminum supplies from China. The Canadian government may impose 100% tariff rates on China-made products, similar to the United States. “We take really seriously…
EU sets October 4 vote for tariffs on China-made EV
EU sets October 4 vote for tariffs on China-made EV Members states in the European Union are set to vote on the European Commission’s tariffs on China-made electric vehicles (EVs) on October 4, 2024. The date may still change, depending on discussions between Europe and China. The October 4 vote would decide wether the Commission’s…
BYD requests EV tariff relief extension in Mexico
BYD requests EV tariff relief extension in Mexico China’s top automaker, BYD, is requesting an extension for its tariffs on electric vehicle (EV) imports from the Mexican government. “The proposal to the Mexican government is to see the possibility of, through our investment in a new plant, having the conditions to extend the decree,” BYD’s…
The Tesla Cybertruck Finally Gets Full-Self Driving–With An Asterisk
Technically, Tesla kept its promise of pushing the advanced driver assistance system to the Cybertruck in September.
Former Tesla executive talks EVs, Musk’s politics, and more
Former Tesla executive talks EVs, Musk’s politics, and more A former Tesla executive went in-depth about his time at the company over the weekend, including discussions on electric vehicles (EVs), the Inflation Reduction Act (IRA), Elon Musk’s politics, China’s EV market, and more. Former Tesla Vice President of Public Policy Rohan Patel was hosted on…
Brazil Judge says Musk needs to pay almost $2 million to lift ban on X
Brazil Judge says Musk needs to pay almost $2 million to lift ban on X The top official in Brazil’s Supreme Court has ordered Elon Musk to pay another 10.3 million reais (~$1.9 million) if he wants to re-launch X in the country, as detailed in a filing this week. Brazilian Court Justice Alexandre de…
Tesla’s Megafactory Shanghai is now around 60% complete
Tesla’s Megafactory Shanghai is now around 60% complete Construction on Tesla’s upcoming Megapack factory in China has been coming along quite quickly, with a new local update stating that the plant has now surpassed the halfway point. Tesla has reached 60 percent completion on the construction of the Shanghai Megafactory, as reported on Saturday by…
The UAW is urging Stellantis workers to authorize a strike
The UAW is urging Stellantis workers to authorize a strike The United Automotive Workers (UAW) has been criticizing multi-national automaker Stellantis in recent months over delayed contract promises, and the union this week aired fresh threats of strikes at the Dodge-Chrysler parent company. On Friday, UAW President Shawn Fain sent a letter to Stellantis’ local…