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Apple intends to produce batteries for Apple Car in the US

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According to DigiTimes, Apple intends to manufacture batteries for its self-driving cars in the United States, rather than sourcing them from suppliers in other countries.

At the same time, Apple plans to work with Taiwanese manufacturers, not Chinese. According to DigiTimes, Foxconn or Advanced Lithium Electrochemistry (Aleees), which are planning to open factories in the US, have a good chance of working with Apple on car batteries. Foxconn is a long-time Apple partner, so it seems possible that the two companies work together.

Apple previously planned to partner with two of China’s largest battery suppliers, CATL and BYD, but ultimately decided to use US-made batteries for Apple Car. None of the companies mentioned in the post have commented on the situation.

Most of Apple’s products are assembled in China, but many of the components are sourced from around the world. With Apple Car, which may still be several years away, Apple could take a similar approach.

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Electric Cars

Tesla’s bitcoins have brought a “loss” to the company? The company’s digital asset depreciated by $ 51 million, but this is at the end of the third quarter

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Tesla has published a report on the results of the third fiscal quarter of this year. And it mentions the company’s loss from investments in bitcoin in the amount of $ 51 million. More precisely, we are talking about the depreciation of the asset by the specified amount, since in the third quarter, according to the report, the company did not sell or buy cryptocurrency.

Tesla’s third quarter ended on September 30. On that day, Bitcoin was worth a maximum of about $ 44,000. At the same time, since that moment, the price of the asset has grown by one and a half times, so now the company is clearly in the black. However, according to US law, although the company is obliged to stipulate the depreciation of digital assets in its financial statements, it is not required to indicate their growth. According to some estimates, Tesla now owns more than 43,000 bitcoins, which at its current exchange rate equals more than $ 2.8 billion. In terms of the financial statement as a whole, the company generated $ 13.76 billion. Net income amounted to $ 1.62 billion, which is almost five times more than a year earlier. The automotive business earned the company $ 12.06 billion, and the company raised another $ 806 million from its energy business, which combines energy storage and rooftop solar panels. …

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Officially: the new Nissan Leaf will be a crossover

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Nissan’s new Leaf electric car will be a compact SUV. Rumors about this have been circulating on the web for a long time, but now the information has been officially confirmed by the head of the European division of Nissan, Guillaume Cartier. Back in July, plans were announced to build a new crossover in Sunderland as part of a massive £ 1 billion investment in the plant. The Nissan Leaf electric crossover will go into production in 2025 at a plant in the UK. At the initial stage, it is planned to produce 100 thousand cars annually.

The new Nissan Leaf crossover will be based on the Renault-Nissan-Mitsubishi alliance CMF-EV platform. By 2025, Nissan’s main lineup will include five models, all of which will be electrified crossovers: Juke, Qashqai, Ariya, X-Trail and Leaf. The emphasis on electrification means Nissan will not invest in combustion engine technology to meet EU7 emission requirements due to be introduced in Europe in the middle of the decade. There are no technical details about the future of the Nissan Leaf yet. …

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Squeeze all the autonomy out of the electric vehicle. Volvo electric cars get new Range Assistant

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Volvo has introduced the Range Assistant app, which will allow owners of Volvo and Polestar electric vehicles to save battery power.

Volvo says that with the latest wireless software update, Volvo all-electric drivers can also look forward to increased autonomy thanks to improvements in intelligent battery management and recuperation performance, as well as a smarter timer for battery pre-conditioning. So far, first of all, we are talking about the Volvo XC40 Recharge crossover.

The new software can automatically adjust the climate system to increase the range, provide information to the driver about all the factors affecting autonomy, and other functions will appear in the future. For example, training the driver in a driving style that will maximize economy.

Compatible cars, XC40 Recharge and Polestar 2, must be updated by the end of the month. The C40 Recharge will initially come with a new feature.

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