Tesla’s latest earnings report was loaded with good news: the company’s sixth straight quarter, and first full year, of profitability; increased sales ($31.5 billion in 2020, compared to $24.6 billion in 2019); a healthy cash position ($19.4 billion as of year-end, compared to $6.3 billion at the end of 2019); and plausible plans for steady… Read more »
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Model S refresh includes completely revamped interior, powertrain updates and more
Over the past couple of years, as Tesla rolled out a seemingly endless stream of new features for Models 3 and Y, folks have been saying that the two elders of the line-up were overdue for an update. Now Tesla has announced a sweeping new refresh for Models S and X, featuring an entirely new… Read more »
Tesla Battery Day: a raft of tech advances will deliver cost reductions worth waiting for
We’re used to extremely ambitious (not to say unrealistic) timelines from Tesla—a new Terafactory in a few months, a fleet of Robotaxis before the end of the year—so Elon Musk’s measured, conservative predictions at the long-awaited Battery Day event caught the mainstream press on the wrong foot. “In three years…we can do a $25,000 car… Read more »
Honda and Saitec develop magnesium ion battery with vanadium oxide cathode
The Saitama Industrial Technology Center (Saitec), in partnership with Honda, has developed a practical magnesium-ion rechargeable battery, according to Nikkei Asian Review. The two will officially announce their battery next month, and hope to commercialize it by 2018, at first in smartphones and other portable devices. Masashi Inamoto and colleagues describe the new battery in… Read more »
2016 Audi A3 Sportback e-tron delivers performance and practicality
The selection of plug-in vehicles available to US buyers continues to grow steadily – it now stands at 27 models, with several more expected this year. The latest entrant to the market is the 2016 Audi A3 Sportback e-tron, the German luxury brand’s first plug-in model available in the US. Every time a new plug-in… Read more »
