Tag: Automotive

Model Y deliveries begin: Here’s what is new in Tesla’s EV crossover

Tesla said Monday it has started delivering the Model Y crossover to customers in the U.S., hitting a milestone one year after unveiling the prototype and six months ahead of schedule. Reports of deliveries started last week. The tweet from Tesla, which included a video of the Model Y being…

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GM, Ford, Fiat Chrysler join UAW to form coronavirus task force

The Big 3 Detroit automakers — GM, Ford, and Fiat Chrysler Automobiles — have partnered with United Auto Workers to form a task force aimed at protecting workers and limiting the spread of COVID-19, the disease caused by coronavirus. The task force was announced Sunday. UAW President Rory Gamble along…

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EV startup Bollinger targets commercial industry with its new chassis

Bollinger Motors, the Michigan-based startup known for its rugged electric SUV and pickup truck, unveiled Thursday a chassis designed for a Class 3 commercial vehicle that has the potential to expand its customer base. The move reflects a broader trend among EV startups to at least consider commercial applications for…

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Uber and Lyft plunge, erasing recent gains after promising profits

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. A few weeks ago, Uber and Lyft, kicking bags of the 2019 stock market and regularly cited as examples of venture-backed excess, were back to fighting form. After encouraging Q3…

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Daily Crunch: Tesla considers Nashville for its Cybertruck factory

Tesla plans its next massive “gigafactory,” Google steps up efforts against COVID-19 and NEA raises a $3.6 billion fund. Here’s your Daily Crunch for March 11, 2020. 1. Tesla is eyeing Nashville for Cybertruck gigafactory Tesla CEO Elon Musk tweeted Tuesday evening that the company is “scouting” locations to build…

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Tesla is searching “central” U.S. for a Cybertruck gigafactory site

Tesla CEO Elon Musk said the company is “scouting” locations to build a new U.S. factory that will produce its all-electric Cybertruck and Model Y crossover. The “gigafactory,” the unit of measurement representing billions and a term Musk has used for its massive factories in Nevada, New York, China and…

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