24 x 7 World News
Browsing Category

auto

Tesla to cut output at Shanghai factory

Like other automakers, Tesla has also faced a downturn in demand in China, the world's largest auto market. Earlier this month, Tesla offered an additional incentive for buyers taking possession of vehicles in December. The company has cut…

Toyota hits record November output

Toyota Motor Corp. said its global output hit a record for November, thanks in part to solid consumer demand, though it warned of an uncertain outlook due to a persistent shortage of semiconductors and spikes in Covid cases in China. The…

Tesla suspends output at Shanghai factory

SHANGHAI -- Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people with knowledge of the matter, bringing ahead a previous plan to pause most work at the plant in the last week of…

China’s EV exports challenge Tesla’s dominance

Tesla emerged as a major exporter from its factory in Shanghai starting last year. It has shipped almost 165,000 vehicles from the plant to international markets in the first nine months of this year. Other global automakers including…

Battery plants in the works

  General Motors 1 more Ultium plant is planned for the U.S. Location and timing to be announced.   General Motors The Ultium Cells joint venture between GM and LG Energy Solutions is expected to begin producing batteries next year in…

Tesla CEO Elon Musk to step down as Twitter CEO

In the poll, 57.5 percent of around 17.5 million people voted "yes." Musk had said on Sunday he would abide by the results. He has not provided a time frame for when he will step down and no successor has been named. The poll results…