This Japanese startup wants to sell 100 flying cars by 2028, each for the price of an “expensive car.”
Category: transportation – Page 350
I think some people would be excited. 😃
Tesla’s Full Self-Driving suite is poised for a wide-release by the end of 2020 to all drivers who purchased the capability, Elon Musk said, during its Q3 Earnings Call.
“We’re starting very slow and very cautiously because the world is a very complex and messy place,” Musk said when talking about the Beta rollout of the FSD suite to a minimal group of people, which began late Tuesday night. “We put it out there last night, and then we’ll see how it goes, and then probably release it to more people this weekend or early next week. Then gradually step it up until we hopefully have a wide-release by the end of this year.”
On October 8th, Musk stated that the latest build of the FSD software would be capable of “zero-intervention drives. Will release limited beta in a few weeks.”
As the electric vehicle sector grows, the demand for batteries is poised to see a significant increase. This is a big opportunity for companies like LG Chem, which supplies batteries for several EV makers like Tesla. Amidst this surging demand, LG Chem revealed on Wednesday that it is planning on tripling its production capacity for cylindrical batteries, the type used by the Silicon Valley-based electric car maker.
LG Chem currently forecasts a further rise in its battery sales and profits this fourth quarter. This is rather optimistic of the South Korean company considering that the company has already posted record quarterly earnings thanks to its growing EV battery business. “Sales are continuously expected to grow thanks to greater shipments of automotive batteries and cylindrical batteries for EVs,” LG Chem noted.
Elon Musk’s carmaker reported net income of $331 million on revenue of $8.77 billion in the third quarter.
Volcon is the latest startup hoping to bite off a piece of the growing electric motorcycle pie. The company’s new Volcon Grunt is poised to fill a gap in the market with an interesting mix of specs and pricing.
Volcon Grunt electric motorcycle unveiled
The Volcon Grunt is a fat tire electric motorcycle of sorts that doesn’t just talk the talk.
Elon Musk announced that Tesla’s Full Self-Driving beta test will indeed be rolled out tonight. The Full Self-Driving beta will feature improvements from Tesla’s Autopilot rewrite. Musk has described the upcoming FSD beta as “profound,” which has only fueled excitement for its release.
While Musk confirmed the rollout of FSD’s limited beta, he did set some realistic expectations to the electric car community. The CEO stated that this limited beta will be rolled out in an “extremely slow and cautious” manner, likely to maximize safety. This bodes well for Tesla’s public Full Self-Driving rollout, as it shows that the company is taking a very conservative approach with regards to the release of its autonomous driving features.
Earlier this month, the Tesla CEO gave the public some information about the FSD beta coming out tonight. He said that Tesla’s new FSD build will be “capable of zero-intervention drives.”
Watch this video. You’ll want to remember where you were when the uprising truly began.
As the Ford Bronco and Jeep Wrangler battle over traditional off-road supremacy next year, General Motors has its sights set on a new segment with a different competitor: Tesla.
The Detroit automaker resurrects the Hummer on Tuesday night as an all-electric “supertruck” that’s set to go on sale in roughly a year – likely ahead of Tesla’s Cybertruck. It will be GM’s first real test as a competitor against Tesla. It also will be the first vehicle with the company’s next-generation EV platform and batteries, known as Ultium.
GM had the time and resources to bring back Hummer with an internal combustion engine to directly compete against the upcoming Bronco and Wrangler, but decided against it.