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Tesla shares tumble, on track for worst month ever

Automotive Industry Reuters - 2022-12-22

Tesla Inc shares are on track for their worst month ever as a sell-off deepened on 22 December over worries about softening demand for electric cars and Chief Executive Elon Musk's distraction with Twitter. …

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Lucid Motors launches ‘Air’ deliveries in Europe

Automotive Industry elective.com - 2022-12-21

The US electric car manufacturer Lucid Motors has started deliveries of its electric luxury sedan Air in Europe. The first units went to customers in Germany and the Netherlands. …

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German prosecutors probe Elon Musk’s Tesla over hazardous materials breach

Automotive Industry POLITICO - 2022-12-20

Authorities in the German state of Brandenburg have launched a case against Tesla over allegations it is handling hazardous materials without the right license at its electric car factory outside Berlin, a public prosecutor told POLI …

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US Treasury will delay EV battery sourcing guidance until March

Automotive Industry Reuters - 2022-12-20

With a revamped $7,500 electric vehicle tax credit taking effect 1 January, the US Treasury Department said on Monday it will delay until March its release of proposed guidance on the required sourcing of electric vehicle batteries. …

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Audi to upgrade all factories for EV production by 2029

Automotive Industry elective.com - 2022-12-20

Audi has presented its plan for future production strategy under the slogan ‘360factory’. By the end of this decade, the brand will manufacture electrically powered models at all production sites worldwide. …

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Swiss Microlino reboots bubble car with electric model

Automotive Industry Automotive News Europe - 2022-12-20

Two Swiss brothers are seeking to put their country back on the carmaking map by reviving a 1950s motoring classic with an electric twist. …

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VW aims to meet fleet emissions target without help

Automotive Industry elective.com - 2022-12-19

Volkswagen expects to meet European emissions standards this year without relying on other companies to sell electric cars. In addition, VW has made changes to their CO2 pool in the EU. …

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Tesla hits 3,000 cars a week in Berlin, Austin later than planned

Automotive Industry Reuters - 2022-12-19

Tesla's German plant produced 3,000 cars last week for the first time, the carmaker tweeted late on Sunday 18 December - but the milestone was reached over two months later than planned in both Berlin and Austin, Texas, according to …

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Electric vehicles confront the leap to the mass market

Automotive Industry Reuters - 2022-12-16

The past year was sobering for investors who poured money into Tesla Inc and rival electric vehicle startups that hoped to emulate Tesla CEO Elon Musk's success. …

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Tesla looks to Mexico for their next gigafactory

Automotive Industry electrive.com - 2022-12-16

Tesla wants to build its next North American factory in Mexico. According to a local media report, Tesla has already bought a plot of land in Santa Catarina in the Mexican state of Nuevo León against this background. …

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