China, the world’s biggest auto market, has set a target for NEVs, including plug-in hybrids and hydrogen fuel cell vehicles, to make up 20 per cent of auto sales by 2025, up from 5 per cent now BEIJING: China will cut subsidies by a fifth next year on new energy vehicles (NEV) such as electric […]
China goes ahead with hydrogen-powered cars, defying Elon Musk’s warnings
In a 15-year plan for new-energy vehicles released on Nov. 2, China’s State Council said the country will focus on building the fuel-cell supply chain and developing hydrogen-powered trucks and buses Tesla Inc. Chief Executive Officer Elon Musk has spent years mocking the idea of using hydrogen fuel cells rather than electric batteries to power […]
Tesla’s secret batteries aim to rework the math for electric cars and the grid
New, low-cost batteries designed to last for a million miles of use and enable electric Teslas to sell profitably for the same price or less than a gasoline vehicle are just part of Musk’s agenda, people familiar with the plans told Reuters Electric car maker Tesla Inc plans to introduce a new low-cost, long-life battery […]
Companies seek carbon tax from U.S. Congress
Representatives from more than 70 companies met with U.S. lawmakers on Wednesday to push for a tax on carbon emissions to fight climate change, and a senator said bipartisan legislation containing such a plan could be introduced in weeks. The gathering, which included PepsiCo, Johnson & Johnson, Tesla and General Mills, was the largest business […]
Tesla Knocks $1,100 Off Price Of The Model 3
Tesla says on its website that the car starts at $42,900, still a ways from its goal of lowering the base price to $35,000. Tesla is cutting $1,100 from the base price of its car designed for the mass market, the Model 3. The electric car company now says on its website that the car […]