Fleet safety is key to the success of any business. Whether you are a company with one or more cars, trucks, vans, or buses, many safety precautions need to be taken into account. Here are 5 tips for keeping your fleet as safe as possible. 1. Train Your Drivers The first step towards improving fleet […]
On Friday, Tesla CEO Elon Musk said that the electric vehicle manufacturer’s highly-anticipated cybertruck will first arrive with a four-motor variant. Turning to Twitter, the CEO wrote, “Initial production will be 4 motor variant, with independent, ultra-fast response torque control of each wheel.” Musk has labelled the cybertruck, constructed from stainless steel, as an “insane […]
On Thursday, Aston Martin announced that Chief Financial Officer Kenneth Gregor is set to step down from his role at the company due to personal reasons. Gregor has served as CFO to the luxury carmaker for the past 18 months. In a statement, Gregor said: “I am proud of what I have achieved in my […]
Nornickel, the world’s largest producer of high-grade nickel and palladium, held its Capital Markets Day, presenting a 2021 review and update on the company’s key strategic goals. The group is Russia’s top metals and mining player by revenue and market value. Themes focused on Nornickel’s efforts towards its green strategy, sulphur emission reduction, and technological […]
According to an email obtained by CNBC, on Friday, Tesla CEO Elon Musk urged staff to reduce the cost of customer deliveries, rather than rushing orders out to hit the company’s end of quarter sales goals. The email comes amid ongoing rising shipping costs. 2021 has seen Tesla struggle to deliver new vehicles to customers […]
The Tesla CEO made the sales after exercising options to buy 2.15 million shares, according to filings with the Securities and Exchange Commission. Since November 8, Musk has sold around 9.2 million shares worth approximately $9.85 billion. The flurry of sales follows Musks’s Twitter poll in which he asked his followers whether or not he […]
Rolls-Royce’s all-electric aircraft, the “Spirit of Innovation”, has recently hit a record-breaking top speed of 387.4 mph on a series of runs at the UK Ministry of Defence’s Boscombe Down testing site in Wiltshire, UK. Rolls-Royce claims that this makes the Spirit of Innovation the fastest EV in the world, with the figures since submitted […]
According to court filings on Monday, JPMorgan Chase filed a lawsuit against Tesla for $162.2 million, accusing Musk’s electric vehicle company of “flagrantly” breaching a contract related to stock warrants after its share price rocketed. JPMorgan claims that Tesla breached the terms of a contract that was signed between the companies about repricing the warrants. […]
Ford has teamed up with Purdue University to create a prototype of a cable that could fully charge an electric vehicle’s battery in just five minutes. While there is still work to be done, the cable could nonetheless help overcome the final major obstacles preventing the adoption of EVs from becoming mainstream. Currently, slow charging […]
The new sports utility vehicle is likely to be a successor to the manufacturer's current SUV, the G3 and the G3i. It's scheduled to be launched at the Guangzhou auto show on November 19. Following the news, Xpeng shares were up 10% in afternoon trade in Hong Kong. Xpeng currently sells two sedans, the P5 […]
Shares in Tesla jumped 12.6% last week as Hertz announced it had ordered 100,000 vehicles to be delivered by the end of 2022. However, Musk has since tweeted, "I'd like to emphasize that no contract has been signed yet,” causing Tesla’s rally to stall. Tesla’s CEO also went on to say that "Tesla has far […]
While ZeroAvia has built H2 aircraft before, this latest project is easily its biggest to date. The hydrogen-fueled airliner will have capacity for 76 passengers, making it almost double the size of similar projects from Universal Hydrogen and H2Fly, each of which boast 40 seats. The airliner will be based on a De Havilland Q400 […]
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