Connect with us

News

Tesla’s pooling deal with Fiat-Chrysler is proving to be a killer combo in Europe

Published

on

New data from the International Council on Clean Transportation (ICCT) shows that the pooling deal between Tesla and Fiat-Chrysler Automobiles is proving to be a strong force, as the two companies recently made up for 39% of the total electric vehicles registered in Europe.

According to the ICCT, the FCA-Tesla duo made up for nearly 2 of every five electric vehicles sold in Europe during the first quarter of 2020. The next closest competitor was Volvo, which shared 22% of the market with their electric cars. BMW was third with 14%.

“This is the result of a strong uptake of Tesla battery-electric vehicle sales, with a tenfold increase in deliveries in markets such as the UK, while at the same time sales of the Fiat brand combustion engine vehicles were cut in half compared to the previous month,” an ICCT Fact Sheet said.

In April 2019, Tesla and Fiat-Chrysler struck a deal to “pool” together their fleets to meet tough European Union emissions standards. The EU allowed company “pooling” to reach the goal of 95g of CO2 per kilometer at the beginning of 2020, and FCA chose Tesla to help accomplish that feat. Fiat Chrysler will pay Tesla around 1.8 billion euros for the deal, which will help them avoid large fines for having excessive emissions rates.

Fiat-Chrysler has plans to transition some of its most popular vehicles to electric as emissions standards are proving to be a tough task for the company when it is standing alone. The Fiat 500e will roll out for its first deliveries in Europe in July 2020. Meanwhile, the company also has plans to electrify the Fiat Panda, a car that could launch as soon as 2021.

Furthermore, FCA also expressed intentions to build Plug-In Hybrid variants of the Jeep Compass, Renegade, and Wrangler in a $10.5 billion initiative to transition to a more sustainable transportation lineup. But until then, the automaker’s pooling deal with Tesla would be its trump card to avoid emissions fines in Europe.

Tesla’s presence in Europe is notable. The company’s Model 3, Model S, and Model X are currently all available for purchase in the region. The Model Y will be available for purchase when the first phase of Giga Berlin is finished, and Tesla plans to complete that project in July 2021.

The Model 3, for its part, has made waves in the region’s auto sector. While other manufacturers like Volkswagen, Mercedes-Benz, and BMW continue to maintain high sales numbers through their lineup of petrol-powered sedans, the Tesla Model 3 has competed with these companies head-on. Figures from JATO Dynamics suggest that the Model 3 was the third most popular car, regardless of power source, in Europe in December 2019.

Advertisement
-

The partnership between both Tesla and Fiat-Chrysler goes way past selling vehicles. The collaboration between the two companies will, of course, increase sales figures. However, the ultimate goal was to decrease the amount of CO2 emissions into the Earth’s atmosphere, which is an issue that Fiat-Chrysler would have struggled with on its own. However, Tesla has helped FCA come within just three points of its emissions goal of 95g of CO2 per kilometer.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

Advertisement
Comments

News

SpaceX just launched its secret Starfall saucer again

SpaceX launched its Starfall capsule again on Bandwagon-5, this time listed openly beside rideshare customers.

Published

on

By

An artist’s illustration of a SpaceX Starfall capsule reentering Earth’s atmosphere. (Image: SpaceX)
An artist’s illustration of a SpaceX Starfall capsule reentering Earth’s atmosphere. (Image: SpaceX)

SpaceX launched its Starfall reentry capsule for the second time on Tuesday morning, flying it as the payload of the Bandwagon-5 rideshare mission. Falcon 9 lifted off from Space Launch Complex 40 in Florida at 7:04 a.m. ET with 32 payloads, and the first stage booster, on its 19th flight, landed on the droneship A Shortfall of Gravitas about nine minutes later.

Starfall was scheduled to separate last, 2 hours and 48 minutes after liftoff. The final customer satellite on SpaceX’s mission timeline comes off the upper stage about an hour and nine minutes in, which left a long gap before the capsule was due to be released alone. SpaceX later posted that the payload deployment sequence is complete. At liftoff, the company said Starfall “enables affordable, routine access to a microgravity environment, providing unique opportunities for on-orbit manufacturing, scientific research, and testing.”

As Teslarati reported before the first Starfall flight, SpaceX made no public announcement about the vehicle then, and nearly everything known came from FAA and FCC filings. This time Starfall is an item name on the official mission page, listed beside paying rideshare customers. SpaceX has still not said what, if anything, is aboard this Starfall, Spaceflight Now noted.

The FAA’s environmental assessment from May describes a disk about 10.2 feet wide and 2.5 feet tall that weighs roughly 4,600 pounds and can bring 2,200 pounds of payload back to Earth.

Advertisement
-

Interestingly, the same rocket also carries a competitor’s hardware. Varda Space Industries launched its W-Series 7 capsule on Bandwagon-5, a spacecraft about three times smaller than Starfall that will test whether microgravity can improve the solubility of a cancer drug called Protac. It is Varda’s ninth reentry capsule, and W-8 and W-9 launched earlier this month on Transporter-18. SpaceX has been Varda’s launch provider since the company’s first Falcon 9 rideshare contract in 2021.

SpaceX has not published where or how this Starfall will come down. The preview we ran in June described a recovery from the Pacific Ocean, and the company has not said whether this flight follows the same plan. The launch also arrives hours before SpaceX posts its third quarter results after the market closes, a report we previewed earlier this week.

Continue Reading

Elon Musk

The Boring Company’s latest Tesla tunnel truck mod “fits like a glove”

The Boring Company has modified a Tesla powered tunnel truck to carry freight containers underground.

Published

on

By

the-boring-company-tesla-robotaxi

The Boring Company has found a second job for the Tesla hardware it already runs underground. In a post on X, Elon Musk’s tunneling company showed its latest Prufrock Liner Truck modified to carry a standard 20 foot shipping container. “Using TBC tunnels to transport freight,” the company wrote. “The latest Prufrock Liner Truck (using Tesla Model 3 batteries and drive units) has been modified to carry a standard 20′ shipping container. Fits like a glove!”

The photo shows a red container sitting on a long, low white chassis parked outside, with drive hardware visible at one end. The Boring Company did not say where or when freight hauling would start, which customers it has in mind, or how many trucks it is converting.

Advertisement
-

Until now, the liner trucks have hauled concrete. Teslarati reported in August on Liner Truck 3, which uses Model 3 battery packs and drive units to move more than 22,000 pounds of precast tunnel segments to the boring machine. It has 28 miles of range, tops out at 12 mph, and is piloted remotely from the company’s operations center in Texas. The freight version appears to be the same platform with a different bed, and The Boring Company has not said whether it will also be remotely piloted.

Freight has been on the company’s menu for years. When TBC updated its product lineup in 2021, its freight tunnel was described as sized to fit a standard shipping container, “barely.” The company later used the idea at Tesla’s own factory, where Prufrock 3 dug a tunnel to Giga Texas that now moves finished Cybertrucks away from the production line.

The Boring Company closed a $3 billion Series D in September at a $23 billion valuation, and Teslarati has covered how that money is tied to a UAE tunneling push and a faster Nashville build. In Nashville, Prufrock MB1 and MB2 are mining at the same time, and a third machine is expected to launch in late October. Each machine needs a steady supply of liner trucks, so any design that works for segments and containers alike gives the company more use out of the same Tesla parts.

The Vegas Loop remains the only Boring Company system open to the public, and it moves passengers in Tesla vehicles. A freight service would be a separate product, and the post gave no indication that one is close to launch. For now, it is a truck, a container and a short caption saying they fit together.

Continue Reading

Elon Musk

Elon Musk will give ‘every kid in America’ a SpaceX share in 2027

Published

on

Credit: Grok Imagine

Elon Musk said he is planning to give “every one of his SpaceX shares to every kid in America” in 2027, stating that “this will be the first of many.”

SpaceX went public earlier this year, and its stock price has been relatively stable since leveling off shortly after its IPO. Based on its current price, it’s a gift of just over $10 billion to children across the United States.

It appears to be closely related to President Donald Trump’s bank accounts for children, which were set up earlier this year as Trump Accounts.

Just hours earlier, Anthropic had announced the establishment of its Anthropic Public Benefit Fund, “a new wholly-owned entity dedicated entirely to public benefit.” Musk responded by stating he recommended “giving the shares directly to the public,” and that he would be doing it that way.

Just a little bit later, Musk said children across the U.S. would be getting a share from him:

Advertisement
-

There are roughly 70 million children, meaning someone under the age of 18, in the United States, according to the Federal Interagency Forum on Child and Family Statistics. Musk’s ownership of SpaceX stock shows he has around 849 million Class A shares of SpaceX stock, according to filings with the SEC.

Continue Reading