Electric Carmakers

South Korea to set global standards for electric vehicles wireless charging

Credit: business-standard.com South Korea said on Thursday it will ramp up efforts to promote a homegrown charging technology for EVs as an international standard, as the country plans to penetrate deeper into the growing sector South Korea said on Thursday it will ramp up efforts to promote a homegrown charging technology for electric vehicles (EVs) […]

budget electric car
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Chinese £3,200 budget electric car takes on Tesla

Credit: bbc.com A budget electric vehicle (EV) selling in China for $4,500 (£3,200) is now outselling Tesla’s more upmarket cars. The compact car is proving a big hit for state-owned SAIC Motor, China’s top automaker. The Hong Guang Mini EV is being built as part of a joint venture with US car giant General Motors […]

eco-friendly cars
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South Korea ups subsidies for eco-friendly cars to speed up green push

Credit: Bangkokpost.com South Korea will offer up to 19 million won (515,000 baht) in subsidies to people who buy an electric car this year and up to 37.5 million won for a hydrogen fuel-cell electric vehicle to ensure more eco-friendly cars on the road as part of the country’s green push, according to the government’s […]

Tesla
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Elon Musk expects Tesla to lead the solar market soon

Elon Musk expects Tesla to lead the solar market after a ‘better’ integration of two key teams. The company was heavily focused on building and producing Model 3 cars but can now turn more attention to solar, Musk said. Credit: Businessinsider.in Elon Musk, CEO of Tesla, believes that the electric automaker will soon be the […]

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SPAC Deals Propel Electric Carmakers to Public Markets

Tesla Inc. was the only dedicated electric carmaker based in the U.S. on the stock market. Then special purpose acquisition companies took over Wall Street. SPACs, or blank-check companies, are shell vehicles that raise money to take a private company public via a reverse merger. Unlike traditional initial public offerings, SPAC deals allow listing candidates […]