Volkswagen Announces Pre-Production At Chinese Electric Vehicle factory
Volkswagen has announced that it has started pre-production of the Volkswagen ID at its first purely EV-focused factory in China.
Volkswagen has announced that it has started pre-production of the Volkswagen ID at its first purely EV-focused factory in China.
General Electric Renewable Energy this week signed the largest onshore wind deal ever in China for a foreign manufacturer and began tests of its enormous Haliade X 12 MW offshore wind turbine in Rotterdam.
In a surprise move, Toyota and BYD have agreed to form a joint venture to develop and produce electric cars for the Chinese market.
Elon Musk has often come in for criticism because of missed deadlines, over-ambitious forecasts, and, in a few cases, unfulfilled promises. It’s true that production dates for the company’s vehicles have often slipped, many owners are unhappy about delays in delivering Full Self-Driving capability, and the New York-to-Los Angeles driverless Odyssey, originally planned for late 2017, has yet to take place. Musk himself has admitted that he’s always had problems with timelines.
Just like many EV brands blame the slow ramp-up of EV production on battery supply constraints, lithium-ion home batteries have not been produced in large volumes. With a huge world market to address, a limited quantity of the batteries from these global brands get to reach Africa.
How hard can it be to build a great electric car? After all, a Silicon Valley startup, founded by a group of engineers with little or no experience in the auto industry, managed to produce a blockbuster automobile in a mere 10 years, and has now become the USA’s most valuable automaker. A couple of electric motors, some laptop batteries, a barrel full of chutzpah, and you’re in, right?
In July, CNBC reported that J.B. Straubel was leaving the executive ranks of Tesla, and many seemed to think that meant he quit Tesla completely. The truth is, though, he is still at Tesla and recently met with the Tesla Owners Club of China.
Tesla’s third-quarter results came as a big surprise to Wall Street — the stock soared in the days following the earnings release. Apart from the unexpected profits, there were several important facts that emerged from the report for investors. For instance, while Tesla’s revenue grew strongly in overseas markets, revenue dropped at double-digit rates in the United States.
The new CoastalDEM, machine-learning enabled predictions of extreme coastal water level risk exposures much higher. Legacy models showed 250 million people at risk by 2050. With CoastalDEM, a hundred million more people are at risk.
Tesla’s Gigafactory 3 was built in a hurry because both China and Tesla had a lot to prove to the world, and if anyone was betting against Elon, they lost and joined a very long list of people who doubted Musk and were proven wrong.