Tesla Model 3 production reaches 5,000 cars in last week of June

Tesla Model 3 all-wheel drive Performance rolls off a new assembly line in a temporary structureTesla released critical production numbers for its Model 3 early Monday, showing that in the last week of June, it produced 5,031 Model 3s. CEO Elon Musk has said repeatedly that reaching production of 5,000 Tesla Model 3s a week is critical to the company's financial survival, and that he expected the company to reach that goal by the end of...

PG&E, Tesla team up to boost battery backups for power grid

Tesla PowerpacksUtilities are racing to expand battery storage on the electrical grid. The latest example is Pacific Gas and Electric Co., which submitted a request Friday to the California Public Utilities Commission to build and install four large banks of lithium-ion battery storage, according to the San Francisco Chronicle. The projects would include Tesla's...

MG develops new roadster with electric power

MG E-motion concept, 2017 Shanghai auto show   [photo: Ronan Glon]MG is taking a trip down memory lane with plans to develop a new roadster for China and other markets outside the U.S. The classic British brand known best for its roadsters worldwide from the 1930s to 1980, is now owned by Chinese automaker SAIC and has been building SUVs and sedans for the Chinese market. Now MG design chief Shao Jingfeng has...