Electric Mobility News

The energy in the two ID.4 1st models is stored in a battery with net energy content of 77kWh. It weighs 493 kilograms and achieves a range of up to 520 km.

Tesla Inc faced a stock market reality check on Wednesday after a much hyped "Battery Day" event which Wall Street analysts judged chiefly for its omissions and hazy delivery deadlines. Investors had expected two big announcements from Chief Executive Officer Elon Musk: the development of a "million mile" battery good for 10 years or more, and a specific cost reduction target - expressed in dollars per kilowatt-hour - that would finally drop the price of an electric vehicle below that of a gasoline car.

Tesla is calling these batteries the 4860 cells and they will be five times more efficient and six times more powerful.

This comes after Musk revealed plans to develop a smaller Tesla hatchback in China.

Investors slashed $50 billion from Tesla Inc's market value on Tuesday despite CEO Elon Musk's promise to cut electric vehicle costs so radically that a $25,000 car that drives itself will be possible, but not for at least three years.

Tesla Chief Executive Elon Musk warned on Tuesday about the difficulties of speeding up production as an expert cautioned the carmaker's increased reliance on large-scale aluminium parts could bring new manufacturing challenges.

Tesla Inc CEO Elon Musk on Tuesday is scheduled to showcase the company's advanced battery technology, with investors expecting he will outline how the company's electric vehicles will surpass the cost and convenience of internal combustion engines.

The NOVUS electric bike has a total weight of just 75 kg, and comes with a 120 kmph top speed and 100 km range.