- Tesla disappoints investors with big ‘reveal’ – Just-Auto: Investors reported cut US$50bn from Tesla market value on Tuesday despite CEO Elon Musk’s promise to cut electric vehicle costs so much a US$25,000 car that drives itself would be possible, but not for at least three years.
- Panasonic weighs options over Tesla new battery production – Reuters: Panasonic weighs options over Tesla new battery production
- Israel’s Mobileye, Dubai’s Habtoor partner on self-driving cars – Reuters: Israel’s Mobileye, Dubai’s Habtoor partner on self-driving cars
- Exclusive: Hyundai in talks with EU on concessions over Daewoo deal – sources – Reuters: Exclusive: Hyundai in talks with EU on concessions over Daewoo deal – sources
- Kia Covid plants resume work – Just-Auto: Kia Motors said on Wednesday two of its eight domestic plants returned to normal operations following days of suspension due to coronavirus cases.
- Cupra boss Wayne Griffiths named as new Seat president – Autocar: Seat president Wayne Griffiths Management shake-up sees performance brand CEO fill the gap
- US production of 2021 Nissan Rogue starts in Tennessee – Just-Auto: Production of the redesigned 2021 Nissan Rogue – X-Trail elsewhere – is now officially under way at the Smyrna Vehicle Assembly Plant in Tennessee.
- Tesla reveals new battery tech that will enable affordable EV – Autocar: Pioneering firm says radical battery developments will allow sub-£20,000 electric car – but…
- New Renault Arkana coupe-SUV set for 2021 UK launch – Autocar: French firm’s sportily styled crossover, revealed at the 2018 Moscow show, will reach UK next year
- Volkswagen unit takes stake in self-driving truck start-up TuSimple – FT: Volkswagen unit takes stake in self-driving truck start-up TuSimple
- LG Chem, Panasonic shares fall after Tesla unveils battery plans – Reuters: LG Chem, Panasonic shares fall after Tesla unveils battery plans
- Musk Says Tesla Plans $25000 Electric Car in Next 3 Years – Bloomberg: Musk Says Tesla Plans $25,000 Electric Car in Next 3 Years.
- Range Rover Velar gains new engines and PHEV option for 2021 – Autocar: Land Rover’s most road-biased model gets updated for 2021 with its first plug-in variant Land Rover
- BMW M3 and M4 get radical new look, more power and 4WD – Autocar: “As well as the saloon and coupé, BMW is developing an estate, a cabriolet and a four-door coup
- 2021 Porsche Panamera Turbo S can hit 196 mph with stunning, immediate power – Freep: The Turbo S will be the Panamera line’s performance king. Power is immediate and stunning, accelerating to 60 mph in 2.9 seconds.
- Elon Musk says Tesla deliveries will rise 30% to 40% in 2020 – CNBC: “In 2019, we had 50% growth. And I think we’ll do really pretty well in 2020, probably somewhere between 30 to 40 percent growth, despite a lot of very difficult circumstances,” said CEO Elon Musk at the company’s “drive-in” shareholder’s meeting
