Electric Car

BMW can rightfully claim to be South Africa’s most significant electric vehicle brand.The German company has been marketing both its i3 and i8 vehicles here for the last few years, and although sales have been negligible, BMW has spearheaded a great deal of electric vehicle infrastructure development.The Mini Cooper SEMini…

Tesla accounted for almost half of government subsidies in Korea for electric cars in the first half of this year. Chinese electric bus makers also benefited significantly.According to the Korea Automobile Manufacturers Association on Sunday, EV sales during the January to June period increased 2.7 percent on-year to 16,359 cars. Korean automakers'…

Tesla has posted a second-quarter profit for its fourth quarter in a row, with a net profit of US$104 million (approximately £81.9 million) in the three months to June.The electric car company, led by entrepreneur Elon Musk, now boasts a market value of around US$300 billion, making it the world’s…

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JMP Securities views Tesla’s current stock price as being too high.In July, the electric carmaker’s stock has surged over 50%.After beating delivery estimates for the quarter ending June, Tesla reports Q2 earnings this week.Tesla (NASDAQ:TSLA) bull JMP Securities has downgraded the stock from “Market Outperform to Market Perform.”Earlier this month,…

Researchers at Berkeley Lab and Carnegie Mellon University have designed new solid electrolytes that light the path to wider electrification of transportation. Credit: Courtesy of Jinsoo Kim New battery technology developed at Berkeley Lab could give flight to electric aircraft and supercharge safe, long-range electric cars. In the pursuit of…

While India prepares to move towards electric mobility, the beginnings will definitely be humble, starting with utility-oriented family hatchbacks, and compact crossovers. Earlier this year, at the Auto Expo, manufacturers like Tata, Mahindra, Maruti, Kia, Renault, and MG took the lead with electric cars, showing a range of new e-cars…

IT IS SUPPOSED to be the “Tesla killer”. Volkswagen’s new ID.3 is the firm’s first mass-produced all-electric car—and the first step in the German carmaker’s attempts to reinvent itself for an electrified world. That makes it perhaps the most important model since the original Golf, launched in 1976. The ID.3…

Electric vehicles have long defied the slumping global auto market. As vehicle sales cooled over in recent years, EVs have resisted the pull of gravity, selling roughly a million new units every six months since 2018. This year, the Chinese government was hoping to see the sector’s sales double. Not any…

FRANKFURT, Germany (AP) — The coronavirus has cancelled business plans all over the world but Europe’s push into electric cars isn’t one of them. Sales of battery-powered and hybrid cars have held up better than the overall market amid a deeply painful recession, mainly thanks to the action of governments.The…