vehicle

FedEx Acquires 1000 Chanje Electric Vehicles

FedEx Acquires 1000 Chanje Electric Vehicles

FedEx Corp. (NYSE: FDX) announced on Tuesday that it will acquire 1,000 Change V8100 electric delivery vehicles to expand its fleet. FedEx will acquire 100 of the vehicles from Chanje Energy and lease 900 from Ryder Systems.FedEx says it will intend..

Tesla Faces Another Criminal Probe Over Model 3 Production Numbers

Tesla Faces Another Criminal Probe Over Model 3 Production Numbers

The FBI is reviewing Tesla Inc.’s (NASDAQ: TSLA) Model 3 production numbers as part of an ongoing criminal probe into whether the Company misled investors.On Wednesday, Tesla reported record quarterly profit as increased output of its Model 3s..

Ford Redirects Focus As Shares Fall to an All Time Low

Ford Redirects Focus As Shares Fall to an All Time Low

Ford’s stock fell to a recent new low as it dipped to USD 8.19 per share after, Morgan Stanley cut its price targets for Ford and General Motor Co. due to slumping industry demand in China on Friday. This is the lowest price the Company has se..

Ford Recalls 2 Million F-150 For Seat Belt Issue

Ford Recalls 2 Million F-150 For Seat Belt Issue

Ford Motor Company (NYSE: F) on Thursday announced plans to recall approximately 2 Million select 2015-2018 Ford F-150 in North America to address seat belt pretensioners.The Michigan-based auto maker said it was aware of 17 reports of smoke or fire..

Cost to Insure Tesla’s Debt Increases

Cost to Insure Tesla’s Debt Increases

The amount investors are required to pay to assure their debt holdings in Tesla Inc. (NASDAQ: TSLA) against declining credit quality increased on Monday, to its second-highest price ever, meaning the Company is at a greater risk of default.On Friday..

Tesla Plan to Build Factory in China and Potential Dilemma

Tesla Plan to Build Factory in China and Potential Dilemma

Tesla Inc. (NASDAQ: TSLA) plans to build a new factory in China with the capacity to manufacture 500,000 electric vehicles per year. However, the factory and assembly line will take up to two years to build, according to a Tesla spokesperson.McKinse..

Nissan Admits to Emission Test Scandal

Nissan Admits to Emission Test Scandal

Japanese automobile manufacturer, Nissan (TYO: 7201) announced Monday that it had altered the results of exhaust emissions and fuel economy tests of new vehicles sold in Japan and created inspection reports on altered measurement values. The sc..