Sentences with phrase «in electric automaker»

Warren Buffett's Berkshire Hathaway (BRK.A) owns a 10 % stake in electric automaker BYD, which is down by around 28 % on Friday.

Not exact matches

Tesla's Model 3 production problems were first revealed in early October when the automaker reported it had produced just 260 of its new Model 3 electric cars in the third quarter and delivered only 220.
Tesla's production problems were revealed in early October when the automaker reported it had produced just 260 of its new Model 3 electric cars in the third quarter, of which it delivered 220.
The automaker said will introduce an electric version of its Kona small sport utility vehicle (SUV) with a driving range of 390 km in the first half of next year.
Not only was electric automaker Tesla — the brainchild of iconic entrepreneur Elon Musk — on the list for the first time, but more traditional car manufacturers Ford and BMW ranked in the top 10.
The automaker has claimed that its new diesel engines will hit the European Union's beefed - up emissions targets by improving filters and building in electric generators to start cars.
At best, the large automakers are producing electric cars with limited range in limited volume.
Top automakers in Germany have agreed to jointly invest in thousands of ultra-fast charging sites across Europe to boost mainstream acceptance of electric cars, the companies said.
In addition, the massive demand refutes the point that other automakers have made that no one wants electric cars, he argued.
The numbers don't lie: Tesla has never made any money, but investors haven't cared, seeing the all - electric automaker as a play for growth and as a dominant force in the future of cars.
The all - electric semi-truck unveiling was originally scheduled for Oct. 26 in Hawthorne, Calif., home to the automaker's design studio and the billionaire entrepreneur's other company, SpaceX.
The electric automaker will ramp up production to 1,500 sedans a month in September and 20,000 cars in December.
Big name automakers and a certain electric car upstart are among the companies to be issued permits for testing autonomous vehicles in the state.
During Tesla's conference call today, CEO Elon Musk elaborated on Tesla's plan to bring Model Y, the automaker's upcoming all - electric CUV, to production and he said that the vehicle will bring «a manufacturing revolution» in 2020.
Tesla coaxed Model 3 production to 2,270 cars per week in April, the electric automaker confirmed today, after CEO Elon Musk took drastic steps to boost manufacturing.
That's because the batteries that power them are becoming cheaper all the time, and more and more automakers are producing attractive electric vehicles, generating jobs and growth in the process.
Automakers produce about 90 million cars each year, but less than 2 percent of those are electric vehicles, said Tesla Motors CEO Elon Musk in Hong Kong last week.
«Declining ore grades for copper, continued lack of investment in new mines and the time required to bring new discoveries to production will constrain metal availability and, ultimately, the metal sector's ability to meet growing demand from automakers for battery electric vehicle production,» Carol Cowan, a Moody's Senior Vice President wrote.
In addition to trying to bring electric vehicles to the mainstream, the chief executive officer had sought to build a competitive advantage over established automakers by installing more robots to quickly produce vehicles.
Just recently, the Japanese automaker purchased a 15 percent stake in Orocobre, an Argentinian lithium producer, most likely as a strategic initiative to secure lithium resources for its upcoming electric vehicles.
In China, the move to open the auto industry reflects growing official confidence in the country's young but fast - growing automakers and a desire to make the industry more flexible as Beijing promotes the development of electric carIn China, the move to open the auto industry reflects growing official confidence in the country's young but fast - growing automakers and a desire to make the industry more flexible as Beijing promotes the development of electric carin the country's young but fast - growing automakers and a desire to make the industry more flexible as Beijing promotes the development of electric cars.
One of the most advanced if controversial efforts is being pushed by electric automaker Tesla, whose semi-autonomous Autopilot feature has logged some 100 million miles but has also resulted in a death of a Florida Tesla owner, which regulators are investigating.
Both traditional automakers and the bevy of startups see potential in the government's commitment to boost yearly sales of new - energy vehicles — its term for plug - in hybrid and fully - electric cars — by 10-fold in the next decade.
Reuters reported in February that General Motors Co's plans to deploy thousands of self - driving electric cars in test fleets in partnership with Lyft, beginning in 2018, citing two sources familiar with the automaker's plans.
California has a Zero Emission Vehicle program in place that pushes automakers to sell more electric cars and hybrid vehicles, according to the San Francisco Chronicle.
With automakers here lagging behind their Western peers in making traditional cars, the chance to catch up lies in producing technologically advanced models such as electric vehicles.
Earlier this year, an electric taxi produced by leading Chinese automaker BYD became inflamed during a car crash in Shenzhen.
Duoba thinks such a vehicle would have significant consumer appeal, especially in light of sluggish sales of the latest round of electric vehicles from the major automakers.
As plug - in electric vehicle sales continue to putt along, automakers are increasingly pinning their hopes on hydrogen fuel cells as the clean vehicle technology of the future.
McCain's platform revolves chiefly around monetary challenges for companies and consumers — including a $ 5,000 tax credit for consumers who buy zero - emission cars (encouraging automakers to create such vehicles) and a $ 300 - million X PRIZE — like competition to develop a battery for plug - in hybrids and fully electric cars.
Meanwhile, just about every automaker is working on a new generation of electric vehicles, including both hybrids and cars that operate entirely on electricity stored in batteries.
At the same event, BYD Co Ltd's chairman told media that the Chinese automaker's electric vehicle sales would double in each of the next three years.
Kornbluh reports that automakers are interested in these mechanisms as replacements for the many small electric motors found in cars, such as in motorized seat - position controls and in the valve controls of high - efficiency camless engines.
Ford, the second largest U.S. automaker, showed off its Fusion Energi plug - in hybrid and promised to start production of a new Focus EV that it expects to be «the first five - passenger, all - electric car to achieve more than a 100 miles per gallon equivalent (MPGe) fuel efficiency rating.»
With more automakers planning to offer plug - in hybrids in the near future, only time will tell if consumers are willing to pay the premium for a greater electric operating range.
McLaren confirmed in its six - year plan last year that an all - electric drivetrain was in development, and we last heard the automaker was preparing an EV for launch by 2020.
As part of the give - and - take deal, the Japanese automaker will assist the electric roadster company with its expertise in mass production.
In fact, several automakers already have plans to develop similar plug - ins with usable electric driving range and supplemental fossil - fuel power.
Not only can components be shared between diesel and petrol units, but also with hybrid electric systems, suggesting we will see a significant number of hybrid cars from the automaker in the future too.
The I - Pace is Jaguar's first foray into electric vehicles, but expect the automaker to adopt electrification on other models in the future.
As automakers continue to push electrified and electric powertrains in their production cars, Formula E is beginning to make sense for more manufacturers.
In fact, he thinks being a sports car manufacturer gives Aston Martin an advantage in building electric cars that other automakers don't necessarily havIn fact, he thinks being a sports car manufacturer gives Aston Martin an advantage in building electric cars that other automakers don't necessarily havin building electric cars that other automakers don't necessarily have.
But apparently the small electric hatch is selling well enough in Germany to warrant an increase in production at the automaker's plant in Dresden.
Concept cars also impressed today in L.A., including the Jaguar I - Pace long - range electric SUV and 2017 Honda Civic Si Prototype — both of which arrived with promises from the automakers to soon become production models.
Buyers of the Nissan Leaf electric vehicle are treated to two years of free charging by the automaker through the «No Charge to Charge» program, and now owners can enjoy complimentary public charging in three more cities.
CARS.COM — If you're interested in a Hyundai Ioniq electric car and you live in California, the automaker is offering two ways to get into its vehicles for a lot less than the traditional ownership route.
For the record, automakers have sold 25,518 electric vehicles in the U.S. through June, a scant 0.3 % of the light - vehicle market, according to WardsAuto data.
LOS ANGELES — Volkswagen officials here say they would like to produce the new I.D. Crozz battery - electric vehicle and other future derivatives from the automaker's upcoming MEB platform in North America, but so far additional capacity for EVs has not been greenlighted by German management.
We can add this open question to the larger ones, such as how long it will take for battery prices to drop and / or for government incentives to cease, whether there's enough profit potential to keep automakers in the electric game, and how much an electric car will be worth years from now, as newer models inevitably bring higher efficiency and longer ranges.
The 2 - seat Honda NeuV fits into the automaker's cooperative mobility ecosystem theme at this year's electronics show by being an «electric automated mini-vehicle concept equipped with an artificial intelligence «emotion engine» and automated personal assistant, creating new possibilities for human interaction and new value for customers,» the Japanese automaker says in a statement.
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