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  • Tesla Model 3 Production On Track To Hit 8,000 A Week?
    20 Aug 2018

    The Tesla Model 3 has been plagued with well-publicized production issues over the last few months. However, it seems the situation is finally improving. Back in June, the carmaker met its target of producing 5,000 Model 3s in the final week of the month.  Musk confirmed that this production target was met for at least two weeks in July during a financial call with analysts. Now the goal is to ramp Model 3 production up to 6,000 a week, but CNBC reports the automaker is on track to exceed that target by a significant margin. Evercore ISI analyst George Galliers said after having a to...

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  • Driver Assists Still Aren’t Advanced Enough According To IIHS
    15 Aug 2018

    Driver assists are now so advanced, we often take technology that can take care of accelerating, braking, and steering in certain situations for granted. But, according to the Insurance Institute for Highway Safety, these convenient assists are still no substitute for human drivers.  As reported by Automotive News, the IIHS tested the Level 2 driver assistance systems on vehicles from Tesla, Mercedes-Benz, BMW, and Volvo and found that each system has potentially dangerous weaknesses. During four track-based tests, the IIHS discovered weaknesses in Volvo's adaptive cruise control...

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  • Forget Trade Wars, Tesla Will Build Cars In China
    19 Jul 2018

    The United States has entered a trade war with China after imposing a 25% tariff on $34 billion worth of Chinese goods. China has reciprocated with tariffs of its own, companies like Tesla are already feeling the burn. Tesla had to increase the price of its cars in China, but CEO Elon Musk already has plans to get around the tariffs.  Since it looks like the US and China aren’t backing down, Tesla has announced a new factory in Shanghai. Musk met with Chinese officials, and Shanghai will speed up efforts to cancel restrictions on foreign investment in the country. In the past, ...

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  • New Volvo Factory May Already Be Hurt By Trump Tariffs
    26 Jun 2018

    Volvo had barely savored its new factory in Charleston, South Carolina before newly imposed tariffs threatened its future. This plant was opened to build the all-new S60 sedan as well as the next-generation XC90 SUV. Volvo was set to hire around 4,000 new employees, but Automotive News Europe reports that these plans might be up in the air due to the fear of the tariffs.  If these tariffs are imposed, it could have a major effect on Volvo’s new factory. Volvo’s CEO Hakan Samuelsson said that if there are trade barriers and restrictions, they won’t be able to create ...

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  • Volvo Wants A Third Of Its Cars Sold To Be Driverless By 2025
    07 Jun 2018

    Volvo set out new ambitious targets for itself, saying it expects a third of all cars sold to be self-driving vehicles and half of all cars it offers to be available through its Care by Volvo subscription service, creating direct links to 5 million customers, all by the middle of the next decade.  These business goals add to previously stated target that half of Volvo’s car sales will be pure electric vehicles by 2025. Volvo thinks that these initiatives will help it transform its connection to consumers and help it develop new connected services for consumers and generate prem...

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