Following Tesla’s lead, EV startup Rivian, which turned heads at the LA Auto Show with its prototype electric pickup and SUV, doesn’t plan to use traditional dealerships to sell its vehicles in most areas. Buyers will order Rivians directly from the company – it’s already accepting pre-orders, secured by refundable $1,000 deposits. Unlike Tesla, however,… Read more »
Search Results Found For: "tesla margin"
New UCS report indicates automakers have lost interest in reducing emissions
The Union of Concerned Scientists has issued a new report that ranks the environmental performance of global automakers. It’s no surprise that Tesla topped the rankings by a wide margin. (Yes, the report considers the full lifecycle of vehicles, including emissions associated with manufacturing and the production of fuel.) However, EV fans may be surprised… Read more »
A look at Lucid Motors: Q&A with CTO Peter Rawlinson
The legacy automakers are slowly and methodically developing new EVs, with various levels of enthusiasm, but the most ambitious plans for new vehicles are coming from a handful of EV startups. Most of these pioneers of the new auto industry share a formula: deep-pocketed investors (many from China), former Tesla employees on staff, and plans… Read more »
Teardown of Chevy Bolt points to massive disruption ahead
It’s not unheard-of for financial analysts to tear down a vehicle to get an accurate estimate of what it costs to produce. Back in 2015, a consulting firm took apart and reverse-engineered a BMW i3. More recently, a team from UBS disassembled a Chevy Bolt and published a cost analysis of the new EV. However,… Read more »
Will Ford’s new CEO put more emphasis on EVs and AVs?
Ford has replaced CEO Mark Fields with Jim Hackett, the head of the company’s Smart Mobility division. The company also appointed a new executive in charge of “strategy and business model development for electrified vehicles and autonomous vehicles.” The buzz in the media is that the new regime will put more emphasis on electric and… Read more »
2017 Chevrolet Bolt EV: The era of long-range, mid-priced EVs is here
The 2017 Chevrolet Bolt EV will surely be remembered as a milestone model in automotive history – and hopefully for more than just the hype that heralded it. For several years, the punditocracy has been saying that the “killer app” that would bring electromobility to a “tipping point” and build that all-important “critical mass” would… Read more »
Musk: Probability of accidents 50% lower with Autopilot
It’s generally expected that autonomous vehicles will prove to be safer than those driven by fallible humans, but hard figures will be needed to convince regulators and a skeptical public. During a talk in Norway, Elon Musk said that Tesla is beginning to amass some statistics on the safety of its Autopilot-equipped vehicles. “The probability… Read more »
EV marketing efforts continue to miss the mark, determining the reasons why is complicated
Most of us in the EV industry are probably tired of the mainstream media’s constant stream of “EVs aren’t selling” articles, which began around the time the Volt made its debut, and will probably continue until the day the last ICE vehicle rolls off the line. Well, for the near future, it’s only going to… Read more »
Panasonic shutters Beijing battery factory to focus on high-end market
Battery behemoth Panasonic has announced that it will stop making lithium-ion batteries at its factory in Beijing, eliminating 1,300 jobs. A sign of waning demand for EVs? Nope, just the opposite. The 15-year-old plant produces batteries for mobile phones and digital cameras, and Panasonic plans to move away from these products (which are steadily being… Read more »
California BMW dealer opens EV-only showroom
As Tesla realized from the beginning, trying to sell EVs alongside legacy vehicles could be a losing proposition. Dealerships that also sell gas-burning cars have incentives to steer customers away from plug-ins and toward their proven sellers. For an automaker that actually wants to sell its electric models, it may make more sense to establish separate, EV-only dealerships… Read more »