Nio plans a less-expensive e-SUV with the ES3

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Before the end of this year, Chinese electric car startup Nio intends to present its third model. The five-seater compact SUV ES3 is based on the platform of the two larger e-SUVs, the ES8 and the ES6. Following the upcoming presentation, the ES3 is scheduled to go into series production in the third or fourth quarter […]

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Tesla’s school programs are key to its mission and workforce development

Tesla’s internships for high school graduates at Gigafactory 1 in Sparks, Nevada have been well received due to their mutual benefits for both the company and participants. In Tesla’s Manufacturing Development Program, for instance, students develop skills for gainful employment in a future-minded industry while earning educational credits from a local community college, and Tesla […]

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Faraday Future chance as CEO steps down

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The crisis-ridden Californian electric car startup Faraday Future plans to comprehensively restructure. CEO Jia Yueting is stepping down as CEO in order to save the company and pay his debts. Jia Yueting is attempting to settle both his personal debts and the company’s debts by setting up a trust fund. According to pandaily.com, the trust […]

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