Electric vehicles

Musk confirms Tesla will build factory in Mexico

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Automaker Tesla’s newest factory will be about 136 miles from the Texas-Mexico border near the...

https://www.freightwaves.com/news/musk-confirms-tesla-will-build-factory-in-mexico

Tesla set to build auto factory in northern Mexico

Mexican President Andres Manuel Lopez Obrador said Tuesday that automaker Tesla Inc. has committed to building an electric vehicle plant in the city of Monterrey.

Although Tesla (NASDAQ: TSLA) officials have not publicly made an announcement about the development, Obrador said he spoke directly to Tesla owner and CEO Elon Musk on Friday and Monday about the deal.

“This will represent a considerable investment and many, many jobs,” Lopez Obrador said during his daily morning press conference on...

‘Electric Vehicles’: The New Status Symbol Now!

Credits: dcbel/ Unsplash
  • A new Ford F-150 Lightning, one of the most important vehicles for persuading the majority of the country to ditch gasoline, starts at $55,000 in its most basic form. 
  • New EV drivers will encounter zoomy torque, lower maintenance costs, and the joy of leaving on the air-conditioning for your dog while you run into the store. 
  • Because the first wave of new EVs have been so expensive, America’s affluent tax brackets made up the bulk of early adopters. 

During one of the...

https://mfame.guru/electric-vehicles-the-new-status-symbol-now/

UP.Partners’ Moving World Report breaks down transportation’s past,  present and future

Just about any time a new, groundbreaking technology takes off, comparisons to the internet are inevitable and seldom warranted. The smartphone industry, for example, could be considered a case of the latter.

But the modern mobility industry may be an even better comparison. 

Transportation companies are everywhere, and they’re growing their presence more and more each year. Mobility providers, including freight forwarders, supply chain managers, asset trackers and financial services providers...

https://www.freightwaves.com/news/uppartners-moving-world-report-breaks-down-transportations-past-present-and-future

Tesla to invest $775M in Texas factory expansion

Tesla will invest up to $775.7 million to expand its gigafactory in Austin, Texas, where the automaker produces electric vehicles and batteries.

The plans call for four new buildings at the site, including facilities for battery cell testing and manufacturing, cathode and drive unit manufacturing, and a die shop, according to recent filings with the Texas Department of Licensing and Regulation.

In the filings, Tesla said the construction will total 1.4 million square feet for “ground up and...

https://www.freightwaves.com/news/tesla-to-invest-775m-in-texas-factory-expansion

Borderlands: Canada still top US trading partner ahead of Mexico

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Canada remains top US trading partner ahead of Mexico; Texas group acquires heavy-haul carrier United Vision Logistics; GM plans to expand electric vehicle production in Mexico; and Chinese manufacturer announces first plant in Mexico.

Canada still top US trading partner ahead of Mexico

Canada ranked as the United States’ top trading partner for the second consecutive...

Lightning eMotors launches online Fleet Planner solution

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Both federal and state lawmakers are now pushing electric vehicle adoption for not just commuters...

https://www.freightwaves.com/news/lightning-emotors-launches-online-fleet-planner-solution

Workhorse avoids SEC enforcement, scraps C1000 electric delivery van

Electric vehicle maker Workhorse this week issued a series of announcements with major implications for its stock price.

The Sharonville, Ohio-based company on Wednesday revealed that it had avoided action from the U.S. Securities and Exchange Commission after battling the agency’s accusations of fraud for over a year.

The firm also announced it was scrapping its C1000 electric delivery van line in favor of heavier focus on its W4 CC, W750 and W56 models, the latter of which is slated to enter...

https://www.freightwaves.com/news/workhorse-avoids-sec-enforcement-scraps-c1000-electric-delivery-van

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