Glencore is negotiating a long-term contract to ship cobalt to Tesla ’s new electric vehicle factory in Shanghai, according to people familiar with the matter.
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Porsche shrugged off widespread industry malaise, reporting record deliveries for last year and predicting that its first all-electric model Taycan will foster further growth in 2020.
Elon Musk is getting a laugh out of a 503-day-old marijuana joke that securities regulators didn’t find so funny.
Europe is poised to lead global growth in electric-car sales next year as governments across the region offer consumers ever-sweeter incentives toward the purchase of new vehicles.
Elon Musk has said hitting the door of Tesla’s new Cybertruck with a sledgehammer damaged its armoured glass which then broke during a failed demonstration of the new vehicle.
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Ford is reinventing one of its marquee models – the Mustang muscle car – as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade.
It took Tesla about 15 years to rack up US$5-billion in losses. The company known as China’s Tesla did it in four.
Mercedes-Benz gave car buyers a glimpse of the top-end of its electric model plans, showing off a sleek silver battery-powered concept version to complement the flagship S-Class sedan.
After a bumpy start for sister brand Audi’s e-Tron, the Taycan is for the time being the flag-carrier in VW’s massive drive to unseat e-car pioneer Tesla.