Volkswagen assigns $25 billion in battery orders for electric vehicles

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Volkswagen has selected partners to provide battery cells and associated technology worth around 20 billion euros ($25 billion) for its growing electric vehicle program, including additional pressure on U.S. pioneer Tesla. Till its “dieselgate” emissions scandal was revealed two and a half years earlier, Europe’s largest automaker had been slow to welcome electric vehicles. But […]

Tesla Model 3 delays, tax credit concerns spur sales of Chevrolet Bolts

Tesla Model 3 production car

Some potential purchasers of Tesla’s long-delayed Model 3 sedan are worried that they will miss on big federal tax breaks and are searching for options, including General Motors’s Chevrolet Bolt, as per postings by prospective Tesla buyers on websites and interviews with GM dealers. Recently Tesla informed some holders of Model 3 reservations that they […]

Tesla’s Model 3 production target delayed, deliveries fall short of estimates

Tesla Model 3

Tesla Inc postponed a production target for its new Model 3 sedan once again on Wednesday, disappointing investors even as it declared “major” development getting rid of manufacturing difficulties that have hampered the vehicle’s rollout. The automaker’s CEO Elon Musk stated it would likely construct about 2,500 Model Threes each week by the end of […]

Tesla misunderstands ‘positive’ Model 3 rating, says Consumer Reports

Tesla Model 3 production car

Consumer Reports stated on Friday that Tesla Inc had misunderstood the “average” reliability score the magazine designated to the electric automaker’s Model 3 sedan last week, calling it generally “positive” for an all-new vehicle. Tesla slammed the rating on Thursday, saying “it is important to note that Consumer Reports has not yet driven a Model […]

Tesla deliveries increased in third quarter

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Tesla stated on Monday its deliveries increased 4.5 percent in the third quarter from the prior-year duration, but said “production bottlenecks” had left the automaker behind its planned ramp-up for the brand-new Model 3 mass-market sedan. Tesla said it provided 26,150 vehicles in the third quarter, consisting of 14,065 Model S vehicles and 11,865 Model […]