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EVs and batteries

Tesla Stock Plunges — And Delivers a Mega-Billion-Dollar Hit to Musk’s Fortune

Tesla Stock Plunges — And Delivers a Mega-Billion-Dollar Hit to Musk’s Fortune

Sometimes you can’t wait for the day to end, and that’s probably the case for Tesla investors who watched the stock stumble since the automaker delivered a weak third-quarter earnings report, sending shares tumbling for two days in a row. Among those hardest hit, CEO Elon Musk whose own holdings have now lost more than $20 billion in value.

GM, Honda Set to Unleash Cruise Robocabs on Tokyo

GM, Honda Set to Unleash Cruise Robocabs on Tokyo

Any foreigner who has tried to negotiate Tokyo’s narrow, windy and painfully crowded roads knows what a challenge that can be. But General Motors and Honda say they’re confident they’ve got a better way to navigate traffic, with the partners set to launch service by Cruise robotaxis in Japan’s capitol starting in 2026.

Nissan Hyper Punk Concept Merges Traditional Origami with the Edgy Manga Lifestyle

Nissan Hyper Punk Concept Merges Traditional Origami with the Edgy Manga Lifestyle

The Nissan Hyper Punk is easily the edgiest of four EV concepts the automaker will formally reveal at the Japan Mobility Show in Tokyo next week. The body looks like it emerged from an origami studio. But the Hyper Punk concept could easily find a fit in Japanese manga – or, as it turns out, the Fortnite online game.

Tesla Cybertruck a Bust? “We Dug Our Own Grave,” Says Musk

Tesla Cybertruck a Bust? “We Dug Our Own Grave,” Says Musk

Within a week of its 2019 launch, Tesla claimed to have logged 250,000 advance reservations for the Cybertruck, and CEO Musk claims the number is now up to 1 million. Yet, even with the all-electric pickup finally in production, it very well could turn into a bust, CEO Elon Musk telling investors and analysts “We dug our own grave with the Cybertruck.”

Volvo EM90 Will Be its First Minivan — and it’s All-Electric

Volvo EM90 Will Be its First Minivan — and it’s All-Electric

With rare exception, everything Volvo brings to market, going forward, will be all-electric. And that includes the brand’s first minivan. Images of the Volvo EM90 have begun leaking out and, not surprisingly, it bears a more than passing resemblance to the ZEEKR 009, the all-electric people-mover also being launched next year by the Swedish automaker’s Chinese parent, Geely.

GM Delays EV Pickup Plant Launch Until Late 2025

GM Delays EV Pickup Plant Launch Until Late 2025

Once again, GM is delaying production of some of its new battery-electric vehicles, this time announcing that production of the Chevrolet Silverado EV and GMC Sierra EV pickups won’t start rolling out of the suburban Detroit Orion Assembly Plant until late 2025. But, as Headlight.News reports, limited numbers of Silverado EV commercial models are being produced at a second plant.

Ford Cuts Shift as F-150 Lightning Sales “Tank”

Ford Cuts Shift as F-150 Lightning Sales “Tank”

Ford dropped a shift at the Dearborn, Michigan plant assembling its all-electric F-150 Lightning. The automaker blamed “multiple constraints,” for the move, but the UAW says the production cut comes as sales “have tanked.” If anything, Ford had expected a growing surge in demand as it prepares a major expansion of capacity at its Rouge Electric Vehicle Center.

Toyota Bets Big on Commercializing Breakthrough Solid-State Batteries, Targets 621-Mile Range, Lower Costs, 10-Minute Charging

Toyota Bets Big on Commercializing Breakthrough Solid-State Batteries, Targets 621-Mile Range, Lower Costs, 10-Minute Charging

Today’s lithium-ion batteries offer significant improvements over earlier technology, but Toyota is making a big bet on the next-gen solid-state batteries expected to dramatically improve range, lower cost, speed up charging times — and which it says it hopes to begin mass-producing as early as 2027. Get the story at Headlight.News.