Tesla Scores Landmark Deal For Chinese Factory
Tesla has secured a loan of $1.29 billion from a group of four Chinese lenders that it will use for its car factory in Shanghai, Reuters reports , citing a Continue Reading
Volkswagen raises EV forecast for 2025 to 1.5M vehicles from ID. family; 1M by 2023
Under the Volkswagen’s latest plans, the company expects to reach its original strategic target of one million electric cars by the end of 2023—two years earlier than previously predicted. The Continue Reading
Has Tesla Finally Conquered China?
While new vehicle sales — including new energy/electric vehicles — continued to see a downward slide in November, Tesla broke that cycle with a 14-fold gain in new-vehicle registrations. Model Continue Reading
Tesla set to begin deliveries of China-made Model 3 cars on Dec. 30
U.S. electric vehicle maker Tesla Inc will begin delivering Model 3 vehicles built at its Shanghai factory on Monday, a company representative told Reuters. Construction of its first plant outside Continue Reading
New Delhi’s EV policy forecast to crimp future transportation fuel demand
Singapore — The government of New Delhi, India’s capital city, on Monday approved an electric vehicle policy aimed at combating air pollution that is projected to lower demand for transportation Continue Reading
Exclusive: Tesla to take new $1.4 billion loan from Chinese banks for Shanghai factory – sources
U.S. electric vehicle maker Tesla Inc ( TSLA.O ) and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker’s Continue Reading
The Human Cost of the EV Revolution
There’s a chance that the iPhone you’re about to get for Christmas contains cobalt mined by a six-year-old. There’s also a chance that that six-year-old has been killed or maimed Continue Reading
Germany establishes new national control center for charging infrastructure
Germany’s Federal Minister of Transport and Digital Infrastructure Andreas Scheuer announced the founding of a new national control enter for charging infrastructure. The mission of the National Control Center is Continue Reading
Why Are Global EV Sales Slowing?
An economic slowdown in many parts of the world and the phase-out of EV subsidies in the United States have led to lower EV sales this year, a survey by Continue Reading
China’s Electric Vehicle Bubble Has Popped
New electric vehicle (EV) sales in China plunged in November for the fifth consecutive month, extending a decline that we’ve been highlighting for the past 1.5 years. Last month, we Continue Reading