Tesla reportedly plans 20 percent production cut at Shanghai plant as China auto demand slows due to Covid measures, economic disruption
TECHNOLOGY POWERING BUSINESS
News Green IT
Mercedes Offers Subscription To Boost Electric Vehicle Acceleration
Mercedes-Benz offers improved acceleration in some electric models for annual $1,200 fee, as carmakers target digital after-sales
Microsoft Says Talent Shortage Hampers Climate Change Fight
Brad Smith, Microsoft's President, predicts thousands of businesses will fail to meet climate change pledges over lack of staff training
Stellantis Signs Deal For EV Battery Nickel, Cobalt
Fourth-largest car maker signs memorandum of understanding with GME for nickel, cobalt from Western Australia development project
Rivian Recalls Nearly All Vehicles Over Safety Issue
Electric start-up Rivian recalls 13,000 vehicles over fastener that could come loose, as it struggles with parts shortages and production problems
Amazon To Invest 1bn Euros In Europe Electric Fleet
Amazon to invest 1bn euros in European electric vans and HGVs, along with charging infrastructure and zero-carbon delivery hubs
EU Approves Common Charger For Mobile Phones
Final blow for Apple's Lightning connector, as European Parliament approves universal charger for mobile devices
Tesla Plans Ambitious Production Boost In Spite Of Economy Woes
Tesla reportedly planning ambitious boost to production of Model Y and Model 3 cars over next four quarters in spite of economic headwinds
China’s Xpeng Rolls Out Urban Self-Driving Software
Chinese carmaker Xpeng begins roll-out of self-driving software for cities in direct competition to Tesla's Full Self-Driving system
Ola Plans Premium Electric Car For Indian Market
SoftBank-backed ride-hailing firm Ola Electric announces range of electric cars starting in 2024 following success in electric two-wheelers
Faraday Future Raises Fresh Backing For Electric SUV Debut
Electric car start-up Faraday Future looks to raise up to $600m in new funds as it plans launch of its first luxury SUV later this year
India’s Mahindra Launches Electric SUVs Based On VW Platform
India's Mahindra & Mahindra launches range of five electric SUVs based on VW's open MEB platform, aims for 1 million vehicles by 2030
US Carmakers Warn Over Upcoming Electric Vehicle Incentives
Climate and tax bill worth $430bn passed by US Congress last week could immediately eliminate most tax credits for new electric vehicles, manufacturers warn
Vietnam’s VinFast Ramps Staff Ahead Of US Electric Vehicle Launch
Vietnam's VinFast, part of conglomerate Vingroup, to more than double Vietnam headcount as it prepares to ship first electric SUVs to US by year-end
Tesla Shows Giant ‘Giga Press’ In Action
Tesla releases footage of giant 6,000-tonne Giga Press creating car section as it plans to use the technology to simplify Cybertruck design
SEC Subpoenas Tesla Over ‘Funding Secured’ Settlement
SEC issues second subpoena in probe of 2018 settlement, as Tesla raises annual expected capital expenditure by $1bn to ramp Texas and Germany production
Volkswagen Chief Herbert Diess To Step Down
Volkswagen chief executive Herbert Diess to leave company next month after spearheading massive investments into software and electric vehicles
US Says Private Investment Boosts EV Charger Manufacturing
US says private companies investing more than $700m to expand domestic electric vehicle charger manufacturing capacity after $7.5bn subsidy package
Nio ‘Investigating’ Deaths Of Two After EV Plunges From Building
Shanghai electric vehicle maker Nio says it is investigating deaths of two people after one of its vehicles falls from third floor facility in headquarters
Vodafone Switches On Self-Powered Mobile Phone Mast
No mains power required? Vodafone mobile phone mast in Wales incorporates wind turbine, solar panels and on-site batteries
Ferrari ‘Plans Plant Expansion’ Amidst Electric Push
Ferrari reportedly planning expansion to plant in northern Italy as it gears up for late entry to electric race helmed by tech veteran Benedetto Vigna
Sky Backs £100m Fund For Climate Tech
British Media group Sky backs £100m Planet Fund for start-ups developing climate-related technology as London Tech Week brings focus to UK tech sector
New York Signs Bill To Ban Certain Crypto Mining Operations
Lawmakers in New York have passed a bill to ban certain cryptocurrency mining operations that run on carbon-based power sources
E-Recycler Attero Plans $1bn Expansion Into Electric Vehicles
India's biggest electronics recycling company Attero Recycling to spend $1bn as it looks to massively ramp up recycling spent electric vehicle batteries
The Tech of ESG
Every business is re-drawing its digital transformation strategies. A key pillar of these plans is how ESG is supported across their enterprises. For post-pandemic businesses, ESG is now a critical market differentiator consumers are p ...
Rivian Eyes Profitability Amidst Market Pressure
Rivian says it has enough cash on hand to achieve profitability, as it faces pressure from shareholders and customers over delays, shortages, rising costs
Ericsson, Deutsche Telekom Test Wind Power For 5G Site
Renewable energy from solar and wind power could be used to mitigate soaring energy costs as operators invest billions in building out 5G sites
Tesla Recalls China Vehicles Over Touchscreen Issue
Tesla recalls 107,293 vehicles manufactured in Shanghai due to overheating issue that causes touchscreen to malfunction, following US recall
Tesla ‘Halts Most Production’ At Shanghai Plant
After three-week closure due to Covid-19 restrictions, production at Tesla Shanghai plant reportedly slows to crawl due to supply chain disruption
Tesla Profits Hit New High In Spite Of Price Hikes
Tesla profits hit new record for first quarter, in spite of ongoing supply-chain disruption, Covid-19 restrictions, rising costs and price hikes