In this episode of China Money Podcast, our host Nina Xiang talks to reporter Viola Zhou, about Tesla Motor’s China expansion and the challenges the innovative American company is likely to face in the world’s largest automobile market. You can read Viola Zhou’s investigative story here, or listen to the audio podcast. Be sure to… Continue reading Will Tesla’s China Story Lose Its Charge?
Tag: Tesla
Sequoia, Joy Capital Joins $500M Round In NextEV
Shanghai-based Chinese electric vehicle maker NextEV has reportedly raised US$500 million from Sequoia Capital, Joy Capital and unnamed investors. Chinese media reports say the company plans to produce a more economical and environmentally friendly electric vehicle to rival Tesla in the U.S. China Money Network cannot verify the news and the financing deal value. Founded… Continue reading Sequoia, Joy Capital Joins $500M Round In NextEV
Chinese Bike Firm Ofo Hires Former Uber Product Chief Michelle Chen As CPO
Beijing-based bike sharing company ofo has hired Michelle Chen (pictured), former head of product at Uber China, as chief project officer to handle the company’s product design and data research. She will report directly to the company’s founder and CEO, Dai Wei. Chen joined Uber Technologies Inc. in 2015, and was responsible for the U.S.… Continue reading Chinese Bike Firm Ofo Hires Former Uber Product Chief Michelle Chen As CPO
Five Chinese Electric Vehicle Start-Ups That Could Rival Tesla
Across China’s 9.6 million square kilometers of land, there was never a shortage of ambition. So too with the electric vehicle revolution. Despite being a late comer to the EV craze, the country’s start-ups are not shy about aiming high. At least half-a-dozen Chinese EV start-ups – not including traditional car makers going green –… Continue reading Five Chinese Electric Vehicle Start-Ups That Could Rival Tesla
Mobike Hires Tesla’s Former General Manager As CMO
China’s bike sharing company Mobike has hired Kingston Chang, former Tesla Motors Inc.’s general manager in China as chief marketing officer, according to Chinese media. Chang will be responsible for the marketing of Mobike and report directly to Mobike’s founder Hu Weiwei. Prior to Mobike, Chang was the first general manager in China at Tesla… Continue reading Mobike Hires Tesla’s Former General Manager As CMO
FAQ: How does a solar car work?
Arjo van der Ham — Co-Founder
A solar car is a car that uses the sun as its main source of energy. You might know some experimental solar cars from the World Solar Challenge, a biannual 3000 km challenge through the deserts of Australia.
The first known long distance solar car is The Quiet Achiever. Built by the brothers Larry and Garry Perkins, this car crossed the Australian continent from west to east in 1982. It reached an average speed of 23 km/h. Over the years, battery and solar technology have improved. A lot. In 2013 the World Solar Challenge introduced the Cruiser class for more practical family cars. Today the technology is at an adequate level to start the development of commercial solar cars.
How do solar cars work?
At its core, a solar car is an electric car – one with an unlimited, free and wireless power source which it takes anywhere it goes. Basically, a solar car consists of a solar panel, a battery and one or more electric motors. All these parts are co..
The seemingly impossible car
Arjo van der Ham — Co-Founder
Technology today is evolving faster than ever. When you stop and think about it, the possibilities seem endless. Every day, a lot of great (or to be honest, most of the time not-so-great) ideas pop into my, our, or your head. Although the seemingly impossible ideas are hard to achieve, it does not have to imply that they are bad ideas. That’s why at Lightyear we like to do some quick back-of-the-envelope calculations to check the feasibility of some of those ideas.
Before we founded Lightyear, we used to meet every Thursday evening to do just that. After concluding that we wanted to start a business to make this world a better place by combating climate change, we started looking for the best solution. The first step we took was to investigate the underlying causes of human induced climate change, and we quickly found the following graph:
Total greenhouse gas emissions in the Netherlands, 2014, World Resources Institute.
We were s..