Apple will release its own electric vehicle one day for sure. According to Apple analyst Ming-Chi Kuo, Apple Car will arrive no earlier than 2025-2027.
Tesla has enjoyed a good reign as the top EV manufacturer in the world but that position might be flipped in no time as many competitors are entering the evergreen electric vehicle industry space.
Besides Ford, the global semiconductor shortage has also prompted Chinese automaker Nio to announce a similar halt in its car production for 5 days.
Xiaomi is undoubtedly raising its own bar when it comes to rolling out innovative technologies across its entire product suite.
According to the earlier report, Volkswagen’s name change was going to be effective by May of this year and that the company was seeking to change its name as its “declaration of the company’s future-forward investment in e-mobility.”
It is not yet clear how many SpaceShip III vehicles the company will produce. However, it is obvious that its VSS Imagine is unique. As soon as this summer, it will start “glide” testing.
The change from Volkswagen to Voltswagen is a “public declaration of the company’s future-forward investment in e-mobility”.
Tesla stock has now been trapped in a multi-week correction after rallying over 500% last year.
Nio has recorded impressive results in auto production in the past two quarters. But the current halt may be risky for the performance of the company.
Xiaomi is reportedly planning to develop an electric vehicle. The Chinese smartphone company is said to be collaborating with Great Wall Motor Co Ltd for both its manufacturing plant and its engineering expertise.
Lamborghini sales topped 1.6 billion euros or approximately $1.9 billion, which was 11% down from 2019.
According to Hindenburg Research, Lordstown Motors has consistently pointed to 100,000 pre-orders for its proposed EV truck. However, in reality, the company does not have a sellable product at all.
Both General Motors and Ford have launched their electric vehicles, and Cramer believes that they stand as rivals for existing EVs. GM plans to have 30 EV models on the road by 2025.
Though Boeing is showing signs of getting back on its feet, there are still a few more things to improve to guarantee a potential recovery run.
In February, Tesla produced 23,632 cars and delivered 18,300 vehicles, which marks an 18% increase from the month before, when it sold 15,484 vehicles locally after exporting an estimated 7,956 cars from Gigafactory Shanghai.