Rachit Vats - Spark Newswire

2 minute read

Volkswagen Unveils $7.1B Plan To Boost EV Presence In North America And Take On Tesla

March 21, 8:57 PM

Volkswagen Group (OTC: VWAGY) has said it would spend $7.1 billion over the next five years on electric vehicle projects in North America, as the German automaker tries catching up with industry leader Tesla Inc (NASDAQ:

2 minute read

Elon Musk Reveals What Tesla’s ‘Master Plan 3’ Is Really About

By Rachit Vats

March 21, 4:03 AM

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Monday revealed some key points of his top-secret "Master Plan 3," which he plans to unveil in full soon.

TSLA

2 minute read

Volkswagen China Strikes Deal To Secure Nickel, Cobalt Supplies For Making EV Batteries

By Rachit Vats

March 21, 2:47 AM

Volkswagen Group (OTC: VWAGY) said on Monday its China subsidiary will set up two joint ventures, with Huayou Cobalt and Tsingshan Group, to secure nickel and cobalt for making electric-vehicle batteries.

BHP

1 minute read

Ford CEO Praises Customer For Using Transit Van To Rescue Moms, Babies In Ukraine

By Rachit Vats

March 21, 1:28 AM

Ford Motor Co (NYSE: F) CEO Jim Farley on Monday praised a Transit Van customer for using the wagon to rescue stranded mothers and babies in Ukraine after Russia’s invasion.

2 minute read

Nio Says No EV Price Hikes For Now — What Makes It Different From Tesla, Xpeng And BYD?

By Rachit Vats

March 20, 10:43 PM

Nio Inc (NYSE: NIO) does not plan to raise prices of its electric vehicles for now, CnEVpost reported on Monday, citing a local media site that quoted the company&rsquo

NIO

2 minute read

Apple Car Not Coming Anytime Soon, Porsche Or No Porsche, Says Analyst

By Rachit Vats

March 20, 10:03 PM

Volkswagen Group (OTC: VWAGY)-owned sports car maker Porsche AG could probably take two to three years to enter mass production for a potential project with Apple Inc (NASDAQ:

AAPL

2 minute read

Paris Taxi Driver Sues Tesla Over Fatal Model 3 Crash In December: Report

By Rachit Vats

March 20, 8:43 PM

Tesla Inc (NASDAQ: TSLA) has been sued by a Paris-based taxi driver over a fatal accident in December involving a Model 3 that killed one person, Reuters

TSLA

1 minute read

Tesla Giga Shanghai Resumes Production After 48-Hour Halt: Report

By Rachit Vats

March 17, 11:12 PM

Tesla Inc (NASDAQ: TSLA) on Friday resumed production at Giga Shanghai following a two-day suspension, Reuters reported, citing people familiar with

TSLA

2 minute read

GE Chief Larry Culp Agrees To $10M Pay Cut This Year, Keeps Job Until 2024 After Shareholder Concerns

By Rachit Vats

March 17, 11:01 PM

General Electric Co (NYSE: GE) said on Thursday CEO Larry Culp has agreed to lower his annual compensation by $10 million and retained his contract until 2024 in response to shareholder concerns last year.

2 minute read

Tesla Rival Lucid Said To Be Eyeing Price Hikes For Future Models As Inflation Bites

By Rachit Vats

March 17, 8:55 PM

Lucid Group Inc (NASDAQ: LCID) is exploring price hikes for its future car models, Reuters reported on Thursda

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