vehicles

Honda to Source advanced Electric Car Batteries from GM in North America

Honda to Source advanced Electric Car Batteries from GM in North America

General Motors Company (NYSE: GM), in a press release, has announced an agreement with Honda for new advanced chemistry battery components, including the cell and module, to facilitate both companies’ plans for all-electric vehicles. They clai..

Tesla aims to Reduce Cobalt Dependency in Batteries

Tesla aims to Reduce Cobalt Dependency in Batteries

The most extensive problem facing electric cars is the availability of cobalt, which is used in lithium-ion batteries to build stability and increase safety. However, Panasonic, Tesla Inc. (NASDAQ: TSLA) battery supplier and partner in the Nevada Gi..

Tesla aims to begin Model Y production in November 2019

Tesla aims to begin Model Y production in November 2019

Tesla Inc. (NASDAQ: TSLA) is reportedly targeting November 2019 to begin production of its Model Y sport utility vehicle, a SUV crossover of the Model 3, with production in China beginning two years later, two source told Reuters.Reuters learne..

Tesla Shareholders Back Elon Musk in $2.6 Billion Pay Package

Tesla Shareholders Back Elon Musk in $2.6 Billion Pay Package

Two of Tesla Inc. (NASDAQ: TSLA) shareholders are supporting a plan to award Elon Musk, CEO of Tesla, a compensation package valued at approximately $2.6 billion. The award is to prove that the electric vehicle manufacturer can keep Musk as CEO..

FMC Corp hits 52-week high

FMC Corp hits 52-week high

FMC Corporation (NYSE: FMC) shares reached a 52-week high of $96.02 on December 26 before closing at $95.54. Shares have risen 8.6 percent in the last three months, compared to the industry’s 5.8 percent growth.According to Zacks, FMC Corp. ra..

Demand for Porsche's Panamera Sedan Surges

Demand for Porsche's Panamera Sedan Surges

Porsche’s parent Volkswagen has been making a move to shift to cleaner vehicles that have made increasing demands for the Panamera hybrid sedan. However, challenges have been arising such as the struggle for battery suppliers to keep up with t..

GM first to test self driving cars in New York City

GM first to test self driving cars in New York City

New York Governor, Andrew Cuomo, announced on Monday that General Motors Co. (NYSE: GM) and Cruise Automation, GM’s self driving subsidiary division, are applying to begin the first stages of testing fully autonomous vehicles in New York City ..