Page 8 - Tv Maker News Today

Zeekr, which publicly filed a prospectus this month to float shares in New York, has aimed to maintain the valuation of USD 13 billion it achieved in a private fundraising exercise in February, two of the sources said.

Four years after startling the car world with designs for the Cybertruck, Elon Musk is set Thursday to mark the arrival of Teslas iconoclastic take on the American pickup. Musk has scheduled an event at Teslas Austin headquarters to mark the first deliveries to customers of the Cybertruck, whose design to some has evoked a futuristic, sometimes dystopian future akin to "Blade Runner" or "Mad Max."

Workers United claimed that within days of announcing a union campaign earlier this year, Tesla fired dozens of workers from its Autopilot department. Tesla has said the firings were based on performance reviews and not tied to union activity.

Electric carmaker Tesla on Monday filed a lawsuit against the Swedish state over a strike by postal workers blocking deliveries of license plates for its new cars -- and received a first favourable decision the same day. There was some good news for Tesla late Monday when the transport agency said it had received a "provisional" court ruling requiring it to agree, within seven days, to Tesla collecting its number plates directly from the plate manufacturer.

Sodium-based Technology In Batteries: Battery giants are exploring sodium-based technology as an alternative to lithium, signaling a potential shift in the energy storage industry. Sodium, more abundant and cheaper than lithium, has not been widely used due to the superior range and performance of lithium cells. However, recent breakthroughs, including Swedens Northvolt AB and Chinas BYD Co. signing a deal for a $1.4 billion sodium-ion battery plant, suggest a growing interest in sodium technolo...

Zeekr, owned by Chinese automaker Geely Auto, had made its listing prospectus public earlier this month after confidentially filing in December to float its shares in New York. The company said its total revenue surged to 35.31 billion yuan (USD 4.90 billion) in the nine months ended Sept. 30, compared with 18.47 billion yuan a year earlier.

Japanese auto giant Nissan will commit Friday to building electric models of two best-selling cars in Sunderland, northeastern England, in an investment of more than £1.0 billion, the Financial Times reported. Finance minister Jeremy Hunt pledged Wednesday to invest £4.5 billion in strategic sectors including the auto industry.

JSW Group’s stake purchase in the Chinese EV major MG Motor India to likely help it grow its capacity to 300,000 units a year by adding a new plant in Gujarat.

Judge Reid Scott, in the Circuit Court for Palm Beach County, ruled last week that the plaintiff in a lawsuit over a fatal crash could proceed to trial and bring punitive damages claims against Tesla for intentional misconduct and gross negligence. The order has not been previously reported.

BAIC ORV is proposing to build two versions of the new Xiaomi-branded model in Beijing, according to its filing: the SU7 with BYDs lithium iron phosphate batteries and a top speed of 210 kilometres per hour (kph); and the SU7 Max with CATLs nickel- and cobalt-based lithium batteries and speed of up to 265 kph.