Tesla Shares Drop as Musk Cuts Prices Again Ahead of Earnings Tesla‘s market share in its key California market tumbled in the first quarter of the year despite aggressive price cuts as rivals stepped up, data showed on Friday. Tesla Inc controlled 59.6% of the battery electric market in California from January to March, down… Continue reading Tesla’s California market share tumbles despite aggressive price cuts
Category: Automotive
Oil rises but set for weekly loss as economic uncertainty weighs
The prospect of tighter supply added support, with analysts expecting draws from inventories from next month, as a result of OPEC’s reduced output targets and rising Chinese demand. Oil prices edged higher on Friday on strong economic data in the euro zone and Britain, but futures were on track for a weekly loss as interest… Continue reading Oil rises but set for weekly loss as economic uncertainty weighs
No end to electric two-wheeler companies’ FAME 2 subsidy woes
Under the FAME scheme launched in 2019, electric two-wheelers get a subsidy of up to INR 60,000, electric three-wheelers get a subsidy of INR 1,00,000. Mumbai: Show-cause notices to almost all the E2W OEMs and withholding of FAME 2 subsidies are beginning to create a huge stress in the working capital of such companies, crippling… Continue reading No end to electric two-wheeler companies’ FAME 2 subsidy woes
@VW Group: Backspin and Porsche celebrate five years of Back to Tape007044
12/04/2023 In a joint content series, music journalist Niko Backspin explores the roots of hip-hop culture together with Porsche. Five years after the first installment, the cooperation continues, with the release of Back to Tape 3 on 11 August. On 12 April, 2018, more than 300 invited guests gathered at Stuttgart’s Schräglage nightclub, including regional… Continue reading @VW Group: Backspin and Porsche celebrate five years of Back to Tape007044
@VW Group: European race debut for the Porsche 963007043
The Race This was the first time that the Porsche Penske Motorsport works team contested two races on two continents almost at the same time on one weekend. The transatlantic teamwork between the IMSA and World Endurance Champion crews paid off for the sports car manufacturer. In Long Beach, Nick Tandy (United Kingdom) and Matthieu… Continue reading @VW Group: European race debut for the Porsche 963007043
@VW Group: Sprint debut for the Porsche 963 on the streets of Long Beach007042
The Race In glorious sunshine and set against the stunning backdrop of the Pacific coast, the IMSA series treated fans to an extremely entertaining show on the narrow street circuit in Long Bach. Hollywood, barely 50 kilometres away, could hardly have staged it better. The two Porsche 963 fielded by Porsche Penske Motorsport had started… Continue reading @VW Group: Sprint debut for the Porsche 963 on the streets of Long Beach007042
@VW Group: Emma Raducanu: “I’m really looking forward to returning to Stuttgart”007041
11/04/2023 Emma Raducanu will be one of seven Grand Slam winners competing at the 46th Porsche Tennis Grand Prix. After making her debut last year, the Porsche Brand Ambassador, who sensationally won the 2021 US Open, is looking forward to returning to the Porsche Arena. In the 20-year-old Briton’s eyes, the tournament “is a super… Continue reading @VW Group: Emma Raducanu: “I’m really looking forward to returning to Stuttgart”007041
@VW Group: TAG Heuer Porsche Formula E Team receives FIA three-star environmental certification007040
11/04/2023 Porsche Motorsport has earned an important award: The TAG Heuer Porsche Formula E Team has received a three-star environmental certificate from the FIA, which the international automobile federation bestows as part of its certification programme in the ABB FIA Formula E World Championship. This accolade is in recognition of Porsche Motorsport’s successful efforts to… Continue reading @VW Group: TAG Heuer Porsche Formula E Team receives FIA three-star environmental certification007040
Savory and Partners: The Portuguese D2 Visa – Allowing UAE Entrepreneurs to Expand Into The EU Seamlessly
DUBAI, UAE, April 22, 2023 /PRNewswire/ — Portugal has a lot of different immigration options available, from its residency by investment route (the golden visa), its passive income option (the D7 visa), to its newly christened digital nomad visa. However, there is one option that is tailor-made for businesses that often goes unnoticed – the Portuguese… Continue reading Savory and Partners: The Portuguese D2 Visa – Allowing UAE Entrepreneurs to Expand Into The EU Seamlessly
NWTN Holds Exclusive Preview of the Rabdan ONE at its Suhoor Gathering in Celebration of the Holy Month of Ramadan.
DUBAI, UAE, April 22, 2023 /PRNewswire/ — In celebration of the Holy month of Ramadan, NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN”), today held a Suhoor gathering at their assembly facility in the Khalifa Economic Zone Abu Dhabi (KEZAD) in celebration of the… Continue reading NWTN Holds Exclusive Preview of the Rabdan ONE at its Suhoor Gathering in Celebration of the Holy Month of Ramadan.