Elon Musk thinks Tesla will have fully autonomous cars ready by the end of 2020. That may be wishful thinking.
Browsing: Motoring
Tesla on Tuesday announced a five-for-one stock split, sending the electric car maker’s recently high-flying shares up 7% in extended trade.
State-owned Kiira Motors plans to have an initial manufacturing capacity of 5 000 vehicles per year, including buses, starting in July 2021.
As Covid-19 has frozen the international travel on which they once thrived, double-decker, four-engine planes like the Airbus A380 and Boeing 747 are more likely to be found in storage than soaring through the skies.
Toyota is set to produce its first “hybrid synergy drive” (petrol-electric) car on the African continent at its plant in Durban, as part of a R2.5-billion investment in a new production line.
BMW will offer a fully electric 5-series as part of sweeping product overhaul unveiled on Monday as the German car maker seeks to lower vehicle emissions during production and on the road.
Tesla CEO Elon Musk urged miners to produce more nickel, a key ingredient in the batteries that power the company’s electric cars, warning the current cost of batteries remained a big hurdle to the company’s growth.
Tesla’s rapid rise to become the world’s most valuable car maker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software.
Bolt, the company formerly known as Taxify, has launched a lower-cost ride-hailing service that it claims is the cheapest in South Africa.
South Africa is considering an independent board for its ailing national airline, with a shareholder structure similar to that of part state-owned telecoms firm Telkom, a senior government minister said.