In June 2010, while Ford Motors had a valuation of $38 billion compared to Tesla’s $1.3 billion. But 2020 swa fords valuation down to $28 billion while Tesla’s valuation shot up to $256 billion. Tesla ranks sixth among companies on the U.S. stock market and is now worth almost eight times GM and nearly 13…
There five brands of Electric vehicles with 40 per cent of the global EV market with over 1.3m EV car sales in 2020. Zeekr only launched a few days ago and they have pedigree, as the people that own then also own Volvo and their parent company Geely. Nio is China’s best-known homemade, high-end EV…
Self-driving car enabling drivers to take their eyes off the road and their hands off the wheel could be permitted on UK motorways later this year. The Department of Transport (DTI) announced it will allow hand-free driving in vehicles with lane keeping technology on motorway with slow traffic speeds of upto 37mph. So Automated lane-keeping…
It is predicted by 2030, there will be 20 million electric cars on European roads alone. While Electric vehicles may be carbon neutral during their working lifetime, what happens when they run out of the road. In 10 to 15 years when there are large numbers coming to the end of their life it is…
Tesla autopilot feature can be tricked into operating without a driver according to consumer reports engineers who looked into claims that Autopilot can operate without a driver present. On Saturday two men were killed after a Tesla car crashed into a tree and caught fire in Texas. The victims found in the front passenger seat…
In 2017, an offspring from Newcastle University, Advanced Electric Machines (AEM) has developed pioneering electic car motors that do not rely on expensive rare magnets is preparing to raise $25m and is seeking £30m over the next few months to boost UK production capacity. AEM claims to have cracked a problem with “ switched reluctance…
Daimler, BMW sells jointly-owned PARK NOW App Daimler and BMW sell jointly-owned App PARK NOW to Swedish rival EasyPark. The App is part of a 2019 joint venture and has five parts including smartphone-based route management and booking service, among others. The sale will allow the unit to grow even further in the US…
The City Bus, Hyundai Electric City Manufactured in 2019, caught fire in Changwon, South Gyeongsang Province on February 15. The bus was moving back to the garage after repair and inspection as the fire started in the roof, where its battery was located. Fortunately, there were no passengers on the bus and no one…
Thirty-three-year-old bearded sharply dressed, Mate Rimac, founder of an electric car company that sells some of the latest electric cars on the planet which started out in a tiny garage in an old banger. Using parts from a forklift truck he converted an old BMW saloon dubbed as a green monster into a testbed for…