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Tesla to make 'molecule printers' for COVID-19 vaccine developer CureVac

Thu, 07/02/2020 - 13:36

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CureVac, an unlisted German company, has said it is developing portable, automated mRNA production units that it calls printers and which Musk described as "RNA microfactories". The company, based in Tuebingen and backed by the Bill & Melinda Gates Foundation, is a pioneer of the so-called messenger RNA approach, which is also pursued by BioNTech and its partner Pfizer as well as Moderna.

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Tesla to make 'molecule printers' for COVID-19 vaccine developer CureVac originally appeared on Autoblog on Thu, 2 Jul 2020 08:36:00 EDT. Please see our terms for use of feeds.

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Categories: Cars

Tesla tops Toyota by one measure as its stock price soars

Wed, 07/01/2020 - 21:46

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Tesla shares gained 5% in early morning trade to a record of $1,133, boosting the company's market cap to $209.47 billion - roughly $6 billion more than Toyota is currently valued by investors. Tesla is now worth more than triple the combined value of U.S. automakers General Motors Co and Ford Motor Co. After several years of losses, Tesla has delivered three straight profitable quarters since the third quarter of 2019 and surprised investors with solid first-quarter deliveries despite the vir

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Tesla tops Toyota by one measure as its stock price soars originally appeared on Autoblog on Wed, 1 Jul 2020 16:46:00 EDT. Please see our terms for use of feeds.

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EV maker Byton halts operations for 6 months as it faces financial woes

Wed, 07/01/2020 - 21:07

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Luxury EV designer Byton has paused its operations for six months due to financial problems worsened by the pandemic.

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EV maker Byton halts operations for 6 months as it faces financial woes originally appeared on Autoblog on Wed, 1 Jul 2020 16:07:00 EDT. Please see our terms for use of feeds.

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Daniel Abt back in Formula E with Nio after getting sacked over ringer

Wed, 07/01/2020 - 20:56

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The 27-year-old German lost his real world drive after he let a gamer take his place, without the rest of the field knowing, in an official Formula E 'Race at Home Challenge' event. Abt, a winner in Berlin in 2018, will replace Chinese driver Ma Qinghua alongside British driver Oliver Turvey at the Chinese-owned team in the season finale behind closed doors at the old Tempelhof airport next month.

Continue reading Daniel Abt back in Formula E with Nio after getting sacked over ringer

Daniel Abt back in Formula E with Nio after getting sacked over ringer originally appeared on Autoblog on Wed, 1 Jul 2020 15:56:00 EDT. Please see our terms for use of feeds.

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Categories: Cars

Car-buying demand remained 'robust' in June despite pandemic

Wed, 07/01/2020 - 17:52

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"This quarter demonstrated the resilience of the U.S. consumer," said Jeff Kommor, head of U.S. sales at Fiat Chrysler Automobiles NV (FCA) , as the automaker reported a 39% slump in sales for the second quarter. Scott Fink, CEO of Fink Automotive Group, which has two Hyundai stores and single Chevrolet, Volkswagen and Mazda dealerships in the Tampa, Florida area, said his sales in June were "pretty good," but he was concerned about "hot-bed states like where I am."

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Car-buying demand remained 'robust' in June despite pandemic originally appeared on Autoblog on Wed, 1 Jul 2020 12:52:00 EDT. Please see our terms for use of feeds.

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New North American trade deal kicks in

Wed, 07/01/2020 - 15:46

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The revamped trade pact between the United States, Canada and Mexico taking effect on Wednesday was meant to create a kind of fortress North America, boosting the region's competitiveness - but cracks are already starting to show in the foundation. As the deal kicks in, the Trump administration is threatening Canada with new aluminum tariffs, and a prominent Mexican labor activist has been jailed, underscoring concerns about crucial labor reforms in the replacement for the 26-year-old North Ame

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New North American trade deal kicks in originally appeared on Autoblog on Wed, 1 Jul 2020 10:46:00 EDT. Please see our terms for use of feeds.

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