Battery swapping spurs Kenya’s electric motorbike drive

Battery swapping spurs Kenya’s electric motorbike drive

Electric motorbike startups making inroads in Kenya Say battery swapping saves drivers time, money Planning to expand model to Tanzania, Uganda NAIROBI, Dec 26 (Reuters) – Over recent months, sets of sturdy, brightly-branded battery swapping stations have cropped up around Kenya’s capital Nairobi, allowing electric motorcyclists to exchange their low battery for a fully-charged one. … Read more

Musk to step down as Twitter CEO once he finds ‘someone foolish’ enough as successor

Musk to step down as Twitter CEO once he finds ‘someone foolish’ enough as successor

Dec 20 (Reuters) – Billionaire Elon Musk said on Tuesday he will step down as chief executive of Twitter Inc once he finds a replacement, but will still run some key divisions of the social media platform. “I will resign as CEO as soon as I find someone foolish enough to take the job! After … Read more

Electric vehicles confront the leap to the mass market

Electric vehicles confront the leap to the mass market

DETROIT, Dec 15 (Reuters) – The past year was sobering for investors who poured money into Tesla Inc (TSLA.O) and rival electric vehicle startups that hoped to emulate Tesla CEO Elon Musk’s success. As interest rates rose and financial markets gyrated, shares in many EV startups deflated. Rivian Automotive Inc (RIVN.O), which had a higher … Read more

Toyota offers cheaper Prius if customers take software updates

Toyota offers cheaper Prius if customers take software updates

TOKYO, Dec 7 (Reuters) – Toyota Motor Corp’s (7203.T) leasing unit said on Wednesday it will begin offering over-the-air safety updates on the new Prius, betting it can use an approach pioneered by Tesla to cut lease prices and preserve used-car values in Japan. The lease program will require customers to opt in for a … Read more

Tesla cuts Dec Model Y output at Shanghai plant by more than 20% versus Nov – sources

Tesla cuts Dec Model Y output at Shanghai plant by more than 20% versus Nov – sources

SHANGHAI, Dec 5 (Reuters) – Tesla (TSLA.O) plans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month, two people with knowledge of electric vehicle (EV) giant’s production plan said on Monday. Tesla did not immediately respond to a request for comment on the planned … Read more

Musk delivers first Tesla truck, but no update on output, pricing

Musk delivers first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on orders or capacity for electric truck Semi uses existing Tesla motors, to feature new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) without offering updated forecasts … Read more