Toyota (TM) teams with Suzuki and Daihatsu to build EV commercial van

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Gotion High-Tech launches 1000km range EV battery

May 19, 2023 3:16 PM EDT

Chinese battery maker, Gotion High-Tech on Friday launched its in-house L600 Astroinno battery cell and pack under the LMFP lineup at the 12th Gotion Technology Conference. The companye new battery features a range of up to 1000km, setting a precedent for developing NCM-free batteries. The batterys debut follows a procurement letter from Volkswagen designating Gotion as a supplier for the automaker's overseas markets.

Dr. Cheng Qian, Executive President of the International Business Unit of Gotion High-Tech, who released... More

Toyota Motor (TM) option IV near low end of range

May 17, 2023 2:09 AM EDT

Toyota Motor (NYSE: TM) 30-day option implied volatility is at 18; compared to its 52-week range of 17 to 78.

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Tesla's 'Unboxed Process': Revolutionizing auto manufacturing or a risky endeavor?

May 15, 2023 8:26 AM EDT

Tesla (NASDAQ: TSLA) introduced a new vehicle-assembly systemin March, sparking instant buzz and debate among industry specialists on whether the system, known as the "unboxed process," devised by CEO Elon Musk is a radical innovation, a visionary departure from traditional methods, a derivative concept, or a combination.

Musk believes the company needs to radically rethink conventional manufacturing methods in order to produce electric vehicles at larger volumes that are both more affordable and profitable.

Investors have eagerly anticipated the revelation of what many consider to be Tesla's holy grail: an electric... More