Monday, June 18, 2018

Electric Car

Electric Car
Staff member hooks up a charging cable to EV at a charging station in Liuzhou

China Vows Action against ‘Blind’ Electric Vehicle Growth

SHANGHAI (Reuters) China will take action to curb the "blind" development of its rapidly growing electric vehicle sector, a spokeswoman for the state planning agency...
Northvolt co-founder and Chief operating officer Paolo Cerruti poses for a picture in Stockholm

Northvolt Cuts Cost Estimate for European Battery Plant as Seeks Investors

By Esha Vaish STOCKHOLM (Reuters) Northvolt has cut the estimated cost of building Europe's largest battery factory, giving a boost to a project that faces...
An artisanal miner works at Tilwizembe, a former industrial copper-cobalt mine

After Cobalt-Free Pledge, Panasonic to Triple Consumption for Auto batteries: Sources

By Pratima Desai LONDON (Reuters) Panasonic Corp expects to more than triple its cobalt consumption in five years' time, industry sources said, even as the...
SpaceX founder Musk smiles at a press conference following the first launch of a SpaceX Falcon Heavy rocket in Cape Canaveral

Elon Musk Buys 72,500 of Tesla Shares

(Reuters) Tesla Inc Chief Executive Officer Elon Musk bought 72,500 shares of the company's common stock, a regulatory filing showed on Wednesday Musk bought the shares...
The Byton Concept T car is displayed during a media preview of the Auto China 2018 motor show in Beijing

China Start-Up Readies Capacity for 150,000 Electric Cars per Year

FRANKFURT (Reuters) Future Mobility Corporation (FMC), the Chinese parent company behind electric car start-up Byton, has placed an order for a paint shop capable...
The Tesla logo is seen at the entrance to Tesla Motors' new showroom in Manhattan's Meatpacking District in New York City

Tesla Cuts 9 Percent of Workforce in Search for Profit

By Salvador Rodriguez and Laharee Chatterjee (Reuters) Electric car maker Tesla Inc is cutting several thousand jobs across the company as it seeks to reduce...