Tesla

Tesla to produce $25K car as early as 2022 in Gigafactory Shanghai: report

An eco-assessment report for Gigafactory Shanghai recently provided a teaser about a third Tesla that will be produced at the China-based electric car factory. The documents hint that Tesla is looking to produce a new car at Giga Shanghai as early as 2022, and it will be priced between RMB160,000 to RMB 200,000 (about $25,000 to $30,000). 

As noted in a report posted by Sina Motors on Weibo, Tesla’s steadily improving sales in China were key drivers for the impending launch of the third vehicle. The new car was reportedly approved as early as September 2020, and product verification is poised to be completed around March 2021. The vehicle, which will reportedly be based on the Model 3 chassis, will take its place as Tesla’s entry-level EV in the country. 

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Ring Breaks Into Car Security Business, Tesla Takes First Dibs

Rings Gets Into Car Security Business
Rings Gets Into Car Security Business

From home to in-vehicle security, Amazon’s expanding its coverage.

Tech companies are no stranger in transcending into car business. Some of the oldest of which was Japan’s Pioneer, which started out as a audio equipment company, and then entered the automotive business in 1975 with the world’s first car stereo. And of course, Apple is one of the most popular, with its CarPlay now available in almost every brand new vehicle.

Amazon is pretty much on the same path with Ring. The home security company announces three new products for cars, alongside other innovations in Amazon’s expansive devices and services extravaganza.

Rings Gets Into Car Security Business
Rings Gets Into Car Security Business

Ring’s new products – named Ring Car Alarm, Ring Car Cam, and Ring Car Connect – will be available next year. Tesla will be the first to adopt the system, with the Ring Car Connect getting employed

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Lucid Air, the $150,000 electric car challenging Tesla

Tesla considers itself the electric car technology leader, but there’s a new competitor emerging to vie for that title.

The company is Lucid Motors, a start-up in Newark, Calif., near Silicon Valley. The car is the Lucid Air, an ultra-luxury ride with advanced battery technology that sets itself apart with posh accoutrements and a market-leading range of 400 miles — more than 500 miles in a special edition. The base model matches the top range on the Tesla Model S and the special edition exceeds it by 100 miles. It also boasts a top speed of 200 mph, should anyone need to drive that fast. The Model S tops out at 155.

Unveiled online Wednesday, the Lucid Air “might finally rival the Tesla Model S … and challenge Elon Musk and his team,” said Jessica Caldwell, an executive director at auto market researcher Edmunds.

It’ll cost you. The price is

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