November 2021

New 2023 Kia Niro

Next Generation Kia Niro Impresses at The Seoul Mobility Show: EV, PHEV and Self-Charging Hybrid

Kia revealed unobscured images and more information about its next generation Kia Niro at the November 25th Seoul Mobility Show. Kia confirmed that again all three powertrain options will be offered the same as they are in the current 2022 model, for 2023: full electric, plug-in hybrid (PHEV) and “self-charging” hybrid i.e. regular or non plug-in hybrid powertrains.
Tesla Model 3, Courtesy of Tesla Inc.

Nissan To Invest 18 Billion In The Next Five Years To Catch Up With Tesla

Nissan Motor Co. announced it will spend 2 trillion yen ($17.59 billion) over five years to accelerate vehicle electrification to catch up with Tesla and other strong competitors in one of the fastest growth areas for car makers, as per the latest information available from Reuters.
Tesla Service, image Courtesy of Tesla, Inc.

Tesla's Next Quarterly Earnings Call Set To Be Outstanding Again

Tesla posted record revenue and profits in the third quarter of 2021. The record results were driven by improved gross margins of 30.5% on its automotive business and 26.6% overall, both of which were records for at least the last five quarters. It seems the next earnings call will also be record-breaking.
Tesla Model 3, Courtesy of Tesla Inc.

Tesla Giga Shanghai To Produce 1 Million Cars By April 2022

As Tesla Giga Factory in Berlin-Brandenburg gets ready to start production by December (if everything goes well with final permissions and negotiations with German authorities), the good news from Giga Shanghai states that it will be ramping up production of Model Y and Model 3 to reach 1 million units by April 2022.
Elon Musk emails Tesla employees about quarterly deliveries

Tesla To Change Quarterly Delivery Strategy

With a recent leaked email from Elon Musk, we see that Tesla is going to be changing up its quarterly delivery strategy. In the past, Tesla would rush to get deliveries done at the end of the quarter. This is no longer going to be the case and instead, Elon Musk wants Tesla employees to reduce costs of deliveries and take the most efficient action.

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