Add new comment torquenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from torquenews.com Daily Mail and Mail on Sunday newspapers.
Guangzhou s Traffic Police Refutes Rumors of Tesla Being Banned from Chinese Highways torquenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from torquenews.com Daily Mail and Mail on Sunday newspapers.
Apple ‘Very Near’ To Sign A Deal With Tesla Battery Supplier To Build An EV
According to The Korea Times, Apple is close to signing a deal with LG Magna e-Power to bring Apple s EV to market. Although the report also states initially the joint venture is looking for low volume production.
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During the early days of Tesla, most automotive experts believed Tesla’s dominance of the EV market will be over once legacy automakers come out with their Tesla killers. However, several of the EVs that were supposed to dethrone Tesla have come out, some with impressive specs, but still, Tesla reigns supreme.
What is even more impressive is Tesla is still ramping up Model Y production at Giga Shanghai. And when the Model Y production line is fully ramped it’s not too far-fetched to imagine Tesla delivering as many Model Ys in China as the Model 3.
However, according to Elon Musk, he expects the Model Y to sell more than the Model 3, S, and X combined. This makes sense given the Model Y is in the crossover segment which is by far the largest automotive segment in the world.
If the made in China Model Y matches the Model 3 numbers that will give Tesla a run rate of over 600,000 vehicles a year. And if the Model Y indeed becomes more popular than the Model 3, I don’t want to even speculate what kind of delivery numbers Tesla will be posting out of China.
Panasonic Battery VP Says 4680 Cells Necessary To Build Tesla s $25,000 Car torquenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from torquenews.com Daily Mail and Mail on Sunday newspapers.