Vehicle Sales
Timetable for more affordable Tesla slips further
Musk no longer dangling the possibility of a 2024 rollout of his firm’s new offering
Corporate Strategy
Supply chain issues down ‘Tesla of e-bikes’
Van Moof bankruptcy may only be the beginning for tightly squeezed e-bike industry
2 min read
Leading e-bike manufacturer Van Moof has ceased Dutch operations, after three legal entities were declared bankrupt on Monday by the Court of Amsterdam. Trustees have been appointed to administer the winding up of the Dutch operations of the company.
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Chinese OEMs
BYD signs Turkey plant deal
The Chinese firm to invest $1bn in the Europe-adjacent country
Volkswagen
VW invests $5bn in Rivian JV
OEMs will develop joint EV platform architecture while Rivian gets much-needed boost to its coffers
BMW
BMW receives commercial L3 autonomy approval
German OEM becomes first automaker to offer L2 and L3 systems in one vehicle
Corporate Strategy
Third party revenue share dampens Tesla robotaxi value outlook
App makers will eat into potential robotaxi revenue, says RBC analyst Tom Narayan