Israeli company StoreDot has manufactured the first battery for electric vehicles that can be charged in just five minutes, a step toward making refuelling as fast as cars at a petrol station.
Browsing: Motoring
If Apple is going to make a success of its car project, it has to target the $230-billion luxury automobile market. But displacing 125-year-old incumbents like Mercedes-Benz won’t be straightforward.
Hyundai said on Friday it was in early talks with Apple after a domestic broadcaster said the firms were discussing an electric car and battery tie-up, sending Hyundai shares surging 25%.
It was kind of inevitable that Tesla’s biggest challenger wouldn’t be a car company. Apple makes for the perfect nemesis and could teach its Californian cousin a thing or two about reliability and delivery.
Apple is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter said.
Late on Monday, Uber Technologies announced plans to sell its self-driving unit to start-up Aurora Innovation. It was the right move.
E-tolls on the Gauteng Freeway Improvement Project appear set to be part of the lives of motorists for another year – unless the government finally takes a decision to scrap the controversial scheme.
Hyundai Motor Group said on Wednesday that it will introduce an electric vehicle-only platform early next year that will use its own battery technology to cut production time and costs.
Tesla’s market value soared past $540-billion this week — equivalent to 250 times its expected earnings this year — meaning it’s now the world’s 10th most valuable listed business.
Shares in Tesla have surged 40% since 16 November, when it was announced the electric car maker would join the S&P 500 in December.