Connect with us

News

NIO Hong Kong shares rise as CATL eyes stake

Published

on

(Credit: NIO)

NIO’s Hong Kong shares climbed 8.6% to HK$26.60 following news that Chinese battery titan CATL is negotiating to acquire a controlling stake in Nio Power

No Power runs over 3,000 battery-swapping stations in China. Last month, CATL pledged up to RMB 2.5 billion ($342 million) to Nio Power, according to Reuters’ sources. Nio Power was valued at over RMB 10 billion ($1.3 billion) after a 2024 fundraising. However, CATL’s offer remains undisclosed.

CATL has stayed mum about obtaining a controlling stake in Nio Power. Meanwhile, NIO has sidestepped specifics but noted it’s fostering battery swap station growth “with multiple investors, including CATL.”

“Nio and CATL will deepen collaboration on capital and business and further consolidate the strategic partnership to jointly build the largest battery swapping network globally,” noted NIO.

Advertisement
-->

CATL’s push aligns with chairman Robin Zeng’s vision to morph the firm into a green-energy leader. Fresh off a deal with Sinopec to build 10,000 swap stations—500 this year—CATL aims to supplant a third of China’s gas stations. Nio Power, a linchpin for NIO, serves its drivers and rivals like Tesla and BYD. However, NIO’s hefty investments have dented profitability.

NIO’s 3,240 swap stations, mainly in China, swap batteries in under three minutes, tackling EV range woes. With co-development efforts expanding swap-compatible EVs, a CATL deal could reshape NIO’s footing against intensifying competition from BYD and others in China.

Maria--aka "M"-- is an experienced writer and book editor. She's written about several topics including health, tech, and politics. As a book editor, she's worked with authors who write Sci-Fi, Romance, and Dark Fantasy. M loves hearing from TESLARATI readers. If you have any tips or article ideas, contact her at maria@teslarati.com or via X, @Writer_01001101.

Advertisement
Comments

News

Tesla Cybercab test fleet expands in Austin and Bay Area

In total, the Robotaxi fleet is comprised of 139 total vehicles in both Austin and the Bay Area. The vast majority of these units are Model Y cars, but the Cybercab is the most recent addition to the fleet. 

Published

on

Credit: Adan Guajardo

Tesla has expanded its fleet of Cybercab test units in both Austin and the Bay Area of California, as the vehicle is heading toward the first production stages, hopefully early this year.

As the first few units were spotted in Austin late last year, Tesla is now operating seven total Cybercab units in testing, three of which were spotted over the weekend in Texas. Bay Area testing just started on January 3, with both units also being added to the fleet on Saturday and Sunday.

In total, there are seven Cybercabs now operating, according to Robotaxi Tracker, each with different license plates that have been observed over the course of the last several weeks; the first unit was spotted in Austin on December 18.

The expansion of the Cybercab test fleet is a slow but steady process that Tesla is taking to get the car on public roads ahead of its initial production stages.

CEO Elon Musk said last week that Tesla has already started some test production phases of the vehicle at Gigafactory Texas, which is located outside of Austin.

Tesla Cybercab tests are going on overdrive with production-ready units

However, it will likely be some time before Tesla actually adds it to the fleet for rides that are available to the public. Tesla plans to build it without a steering wheel or pedals, so the company will have to reach Level 5 autonomy at that point before customers can hail rides and take it to their destination.

In total, the Robotaxi fleet is comprised of 139 total vehicles in both Austin and the Bay Area. The vast majority of these units are Model Y cars, but the Cybercab is the most recent addition to the fleet.

Continue Reading

News

Tesla Germany’s “Giga Train’s” improved service gets rave reviews

As per recent reports, Tesla’s free “train”Giga Train” service will increase its daily trips to six starting this week. 

Published

on

Credit: Jürgen Stegemann/LinkedIn

Tesla has expanded its employee shuttle service from Berlin Ostbahnhof East Station to the Gigafactory Berlin-Brandenburg. As per recent reports, Tesla’s free “train”Giga Train” service has increased its daily trips to six starting this week. 

The service has so far received positive reviews from the facility’s employees, some of whom noted that the upgraded shuttle train has reduced their travel time by a notable margin.

Giga Berlin’s expanded shuttle service

As noted in a rbb24 report, Giga Berlin’s free shuttle train now operates six times daily, up from one previously. The service also goes directly to the Model Y production facility without stopping at other stations. Tesla employee Dené Schunck described the service to rbb24 in a comment: “The shuttle goes directly to the factory site, without any transfers, which reduces the commute time for our employees by almost half,” Schunck stated. 

Operated by Ostdeutsche Eisenbahngesellschaft (Odeg) after switching from Niederbarnimer Eisenbahn (NEB), Giga Berlin’s shuttle train, which also stops at Ostkreuz and Erkner, remains free for all riders, including non-Tesla employees. It has been fully funded by Tesla Germany since September 2023.

Employees praised the changes: One Giga Berlin worker stated that it “definitely makes the journey easier” because employees “used to need two hours for the round trip from Berlin, but now it’s significantly faster.”

Advertisement
-->

Tesla Germany’s previous comments

In late 2025, reports emerged stating that Tesla Germany will be expanding its shuttle train service by adding direct rail trips from Berlin Ostbahnhof to Giga Berlin-Brandenburg. In a comment, Tesla Germany stated that the updated service would mirror the shift changes for the Model Y factory’s employees.

“The service includes six daily trips, which also cover our shift times. The trains will run between Berlin Ostbahnhof (with a stop at Ostkreuz) and Erkner station to the Gigafactory,” Tesla Germany noted. 

At the time, Tesla Germany also stated that despite construction being done at Fangschleuse and Köpenick stations, the route of the Giga Train has been optimized to maintain a predictable 35-minute travel time. This should provide Tesla Germany’s employees with a convenient way to travel to and from Giga Berlin. 

Continue Reading

Elon Musk

Tesla stands to gain from Elon Musk’s rekindled friendship with President Trump

“He’s 80% super genius and 20% he makes mistakes, but he’s a good guy. He’s a well-meaning person.”

Published

on

elon musk and donald trump in front of a tesla cybertruck at the white house
President Donald J. Trump purchases a Tesla on the South Lawn, Tuesday, March 11, 2025. (Official White House Photo by Molly Riley)

Tesla CEO Elon Musk and President Donald Trump are back in each other’s good graces, and after a lengthy period where the two were at odds, the pair seemed to make up back in September.

The two were spotted at dinner at Trump’s Mar-a-Lago estate in West Palm Beach over the weekend, which was followed by a press conference on Air Force One, where the President called Musk, “great.”

He continued:

“He’s 80% super genius and 20% he makes mistakes, but he’s a good guy. He’s a well-meaning person.”

Musk previously had a position in Trump’s White House, as he was in charge of reducing government spending and waste by leading the Department of Government Efficiency (DOGE). Musk stepped back from his role in the government last year to focus on Tesla and SpaceX, as well as other projects.

However, Musk, back in Trump’s good graces, stands to get some assistance for Tesla from the White House moving forward, especially as he and the President are back to being friends and allies.

Reduced Scrutiny from a Regulatory Standpoint

Tesla has been the subject of several National Highway Traffic Safety Administration (NHTSA) probes, including ones that dive into Autopilot and Full Self-Driving and incidents involving the two.

Trump has already initiated a more relaxed environment for autonomous vehicle oversight. Last January, he proposed a voluntary framework system for self-driving vehicles, which reduced barriers for companies involved with autonomy.

In April, he relaxed crash reporting and exemptions for autonomous vehicles, creating a clearer pathway for companies to innovate and easing compliance burdens.

In September, Transportation Secretary Sean P. Duffy led efforts to update FMVSS, eliminating redundant human-driver requirements. This aimed to create a single national standard, boosting deployment and eliminating much of the bureaucracy that stalls innovation.

Favorable Autonomous Vehicle Framework

Some of the moves that were mentioned previously will assist Tesla in rolling out its Robotaxi network across the country, and although it currently has to go through the process on a state-level, things could become easier for Tesla and other companies exploring self-driving vehicles.

Musk could have a direct line to Trump that would help create fewer regulatory barriers for the companies involved in developing autonomous vehicles, which would directly benefit Tesla, but also its competitors like Waymo.

Protection from International Competition via Trade Policies

It is no secret that the President is focused on domesticating manufacturing, AI efforts, and everything in between. This is enforced by the tariffs the White House enforced last year, which have prioritized U.S.-based companies.

This could shield Tesla from potential foreign competitors, especially ones like BYD, which have been formidable opponents.

Overall, these gains stem from a more aligned political environment, where Musk’s influence could prioritize deregulation over enforcement; this leads to more innovation and relaxed regulations, but there are some risks. However, outcomes are dependent on the depth of President Trump and Musk’s reconciliation.

Long-term benefits to Tesla would require concrete policy actions.

Continue Reading