(Reuters) – Tesla Inc has delivered 200,000 electric cars to buyers in the United States, a spokesperson said on Thursday, meaning tax credits will now begin to be lowered, while rivals such as Mercedes-Benz, BMW AG and Audi AG will bring electric models to the market with a full tax credit in place. FILE PHOTO:… Continue reading UPDATE 1-Tesla hits 200,000 cars, meaning lower tax credit for buyers
Tag: BMW
Press Releases – Environmental impact of car production strongly reduced over last decade
Brussels, 12 July 2018 – The latest data from the European Automobile Manufacturers’ Association (ACEA) shows that auto makers have significantly reduced the environmental impact of manufacturing over the last decade, even though the number of cars produced increased from 11.9 million in 2013 to 17 million in 2017. The new figures, recently published in… Continue reading Press Releases – Environmental impact of car production strongly reduced over last decade
Henrik Fisker is latest to claim solid-state battery breakthrough
In the race to build solid state batteries for electric cars, almost nobody is counting on Henrik Fisker and his latest electric-car venture, the EMotion, which debuted at the Consumer Electronics Show in Las Vegas in January. Fisker, however, now says the car will launch in 2020 with his long-promised solid-state batteries. “We’re actually ahead… Continue reading Henrik Fisker is latest to claim solid-state battery breakthrough
BMW says no change in South Carolina expansion plans
SPARTANBURG, S.C. (AP) – BMW says it is sticking with plans to add 1,000 workers in South Carolina, even though the company will start production of a new vehicle in China. BMW and Chinese partner Brilliance Automotive Group Holdings said Monday a joint venture called BMW Brilliance Automotive will increase the number of vehicles made… Continue reading BMW says no change in South Carolina expansion plans
Tesla reaches deal to build electric vehicle factory in China
Tesla has reached a deal with the Shanghai government to build a factory capable of producing 500,000 electric vehicles a year. The factory would be the automaker’s second assembly plant and aimed at serving the alluring Chinese market. Tesla and the Shanghai Municipal People’s Government announced Tuesday they had signed the cooperative agreement. Tesla announced… Continue reading Tesla reaches deal to build electric vehicle factory in China
UPDATE 3-Tesla goes big in China with Shanghai plant
SHANGHAI (Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk on Tuesday landed a deal with Chinese authorities to build a new auto plant in Shanghai, its first factory outside the United States, that would double the size of the electric car maker’s global manufacturing. Elon Musk and Shanghai Mayor Ying Yong shake hands.… Continue reading UPDATE 3-Tesla goes big in China with Shanghai plant
Press Releases – CO2 car and van targets: industry reacts to European Parliament votes
Brussels, 10 July 2018 – The European Automobile Manufacturers’ Association (ACEA) takes note of the outcomes of today’s European Parliament votes on post-2020 CO2 targets for cars and vans in the TRAN and ITRE Committees, and will now make a further assessment of the details. Generally speaking, Europe’s car manufacturers remain extremely concerned about the… Continue reading Press Releases – CO2 car and van targets: industry reacts to European Parliament votes
UPDATE 5-Tesla moves first to hike prices in China as trade war hits car makers
BEIJING/SHANGHAI (Reuters) – U.S. carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 percent in China, the first automaker to do so in the world’s top automotive market in response to mounting trade tensions between the countries. The move is the earliest indication of how much higher Chinese… Continue reading UPDATE 5-Tesla moves first to hike prices in China as trade war hits car makers
Trump tariffs could add $5,000 to price of new cars and trucks in US
“While we understand that the administration is working to achieve a level playing field, tariffs are not the right approach,” the Alliance said. “Tariffs on autos and auto parts raise vehicle prices for all customers, limit consumer choice and invite retaliatory action by our trading partners,” it said. “Automakers support reducing trade barriers across the… Continue reading Trump tariffs could add $5,000 to price of new cars and
trucks in US
