Tesla Inc (TSLA.O) on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production. It was the sixth consecutive quarter that the world’s most valuable automaker posted record deliveries. Tesla, led by billionaire CEO Elon Musk, delivered 308,600 vehicles inContinue Reading
$28,000 Electric SUV to Lead China’s Charge Into European Market: A $28,000 sport utility vehicle looks set to become the first Chinese entrant in Europe’s electric-car market, betting its competitive price will help draw customers away from the likes of Volkswagen AG and Tesla Inc. Shanghai-based automaker Aiways has securedContinue Reading
Hyundai releases car with solar panel roof Image copyrightHYUNDAI Hyundai has released a version of its Sonata hybrid that has solar panels to help charge its battery. The Korean car maker said up to 60% of the power for the car’s battery could be supplied if the solar roof wasContinue Reading