Remove Companies Remove News Remove Parts Remove Purchase
article thumbnail

Carmakers are insourcing more EV parts: report

Teslarati

Michael Robinet, the executive director of automotive consulting at S&P Global Mobility, noted that parts from suppliers could account for about 60-70% of a vehicle’s typical value. As noted in an Automotive News report, Tesla gained a competitive advantage in the industry because it can build vehicles faster and with fewer parts.

Parts 91
article thumbnail

Carlos Ghosn's Superyacht To Be Seized As Part of Legal Ruling

The Truth About Cars

Several years after the disgraced auto exec fled to Lebanon, the British Virgin Islands High Court ruled that he must surrender a superyacht allegedly purchased using funds he siphoned away from the automaker. The 121-foot vessel must now be surrendered to Nissan Motor Company. Images: Shutterstock] Become a TTAC insider.

Legal 104
article thumbnail

The Boring Company to purchase land from UNLV for Vegas Loop station

Teslarati

The Boring Company is expected to purchase 1.3 NSHE documents suggest that The Boring Company initiated the land deal as part of its efforts to build out the Vegas Loop system. NSHE documents suggest that The Boring Company initiated the land deal as part of its efforts to build out the Vegas Loop system.

Las Vegas 134
article thumbnail

Tesla vehicles purchased by multiple state-owned enterprises in Shanghai

Teslarati

As it turns out, Tesla China is just getting started, as more state-owned entities from Shanghai are now purchasing the all-electric crossover. As per a statement from the Lingang investment promotion service center, multiple state-owned enterprises in Shanghai have purchased Tesla Model Y units for corporate use.

Purchase 109
article thumbnail

Abandoned History: Oldsmobile's Guidestar Navigation System and Other Cartography (Part V)

The Truth About Cars

For that context we turn to GM CEO Roger Smith (pictured at left)(1925-2007), who was chairman of the company from 1981 to 1990. Smith admired large, diverse companies, particularly those like General Electric that had a business portfolio across many industries. An instant success, EDS became a very valuable company.

Parts 116
article thumbnail

CN purchases battery electric freight locomotive from Wabtec to support sustainability goals

Electrek

Canadian National Railway Company (CN) announced the purchase of Wabtec’s FLXdrive battery-electric freight locomotive, the first to join its 19,500-mile rail network. more… The post CN purchases battery electric freight locomotive from Wabtec to support sustainability goals appeared first on Electrek.

Purchase 145
article thumbnail

Tesla app update allows drivers to purchase major features with credits

Teslarati

In the most recent Tesla app update, drivers are gaining the ability to purchase features for their vehicles and check their “loot box,” among other upgrades. One of the biggest advantages of owning a Tesla is the updates that continue to streamline the ownership experience and even introduce new features to older vehicles.