Toyota (TM) Adopts Tesla (TSLA) NACS for EVs
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U.S. DOJ seeks Tesla (TSLA) documents on driving range
October 23, 2023 10:12 AM EDTTesla (NASDA: TSLA) revealed Monday that the U.S. Department of Justice (DOJ) is seeking documents from the automaker related to the driving range of the companys electric vehicles. The revelation follows reports that the company allegedly exaggerated their potential distance... More
Tesla (TSLA) discloses DOJ requests for information on 'personal benefits'
October 23, 2023 9:47 AM EDTTesla (NASDAQ: TSLA) confirmed in its quarterly SEC report that the electric automaker has received requests for documents from United States Department of Justice (DOJ) including subpoenas regarding certain matters associated with personal benefits, related parties, vehicle range and personnel decisions.
The company is required to report any contacts with government agencies regarding... More
Toyota (TM) sends letter urging India to cut taxes on hybrid cars
October 23, 2023 8:47 AM EDTJapans Toyota Motors (NYSE: TM) has reportedly sent a letter to the Indian government, lobbying for the country to reduce taxes on hybrid vehicles by as much as one-fifth, The automaker argued in the letter that hybrid vehicles are produce far less pollution than their gas powered counterparts, but do not get... More
Toyota (TM) extends partial production halt to Monday
October 20, 2023 1:30 PM EDTToyota Motor (NYSE: TM) announced Friday that the Japanese automaker will resume partial production Monday after its group plants temporarily activities following an accident at a supplier's facility.
The company said Friday that production on five lines at four plants, which had... More
US EV sales skyrocket in 3Q, China expands reach
October 20, 2023 8:41 AM EDTAccording to data released by Cox Automotive, US electric vehicle (EV) sales surged by almost 50% in the 3Q compared to last year, surpassing 300,000 units sold for the first time.
The current market trajectory suggests that the US may witness the sale of over a million EV cars this year, marking a significant milestone in the transition to auto electrification. A notable shift, coupled with Tesla's (NASDAQ:... More
Tesla (TSLA) raises price of Model X Plaid by $5K
October 20, 2023 8:10 AM EDTTesla's (NASDAQ: TSLA) Model X Plaid all-wheel drive in the United States now stands at $94,990, up from $89,990 according to the electric vehicle maker's website on Thursday.
The price adjustment follows CEO Elon Musk's recent remarks about maintaining demand through price reductions, despite expressing... More
Toyota (TM) adopts Tesla’s (TSLA) NACS
October 19, 2023 4:25 PM EDTToyota (NYSE: TM) announced Thursday, the Japanese automakers North American segment has reached an agreement with Tesla (NASDAQ: TSLA) to adopt the electric vehicle giants North American Charging Standard (NACS) connection for its battery electric vehicles... More
