At the start of a call Wednesday to provide guidance on Tesla’s record sales but $408 million loss in the second quarter, Tesla CEO Elon Musk dropped a bombshell: that its chief technical officer, JB Straubel, will be stepping down from his executive post. Drew Baglino will take over most of the responsibilities held by Straubel, who will be...
Tesla announced $408 million in losses for the second quarter, despite higher sales. Four automakers cut a side deal with California on emissions and fuel-economy standards, circumventing the EPA. BMW has doubled its battery production in the U.S. in preparation for new plug-in hybrids. And a Democratic House Committee has released a proposal to...
It's been a long time since any production cars have used 2-speed automatic transmissions. With a new 2-speed transmission for electric cars, German supplier ZF Friedrichshafen is turning back the page on EV development. The clutchless 2-speed transmission Tesla attempted to use in the original Roadster found notoriety for the lengthy delay of...
Some of the largest automakers in the U.S. have banded together with California—to set an example for the EPA and its long-stalled emissions and fuel economy revamp. The agreement between Ford, Honda, Volkswagen, and BMW's U.S. division would raise fuel-economy standards by about 3.7 percent a year through 2026 to a final target of about 50...
![Mulan wind farm [CREDIT: Global Climate Budget 2018]](https://images.hgmsites.net/tmb/mulan-wind-farm-credit-global-climate-budget-2018_100682097_t.gif)
The powerful, Democratic-led House Energy and Commerce Committee put meat on the bones of the Green New Deal on Tuesday. The new plan called "100 by 50," aims to eliminate 100 percent of emissions that contribute to global warming by 2050. It was laid out by Republican Committee member Paul Tonko (NY), who said in a statement, “There is no...
BMW is doubling is battery production capacity in preparation for producing two new plug-in hybrids at its South Carolina factory. The company plans to begin producing the 2020 BMW X5 xDrive 45e plug-in hybrid SUV there on August 1, followed by the new plug-in hybrid X3 xDrive 30e in December. The two vehicles—and the expanded battery...
After nearly two decades, 286,000 miles and countless skipped trips to the gas station, a 2000 Honda Insight in Vermont is ready to move on.
Tesla is facing pressure about pricing from all directions. Despite strong delivery numbers, the California automaker announced it posted bigger losses Wednesday for the second quarter of 2019 than Wall Street had anticipated, prompting analysts to scrutinize its margins on cars. In a financial call held Wednesday, that scrutiny took form around...
The carmaker delivered a record number of cars in the second quarter but is expected to have lost money because sales of higher-priced models lagged.
The carmaker delivered a record number of cars in the second quarter but still lost money because sales of higher-priced models lagged.
