‘Not sustainable’ Vittore Fulvi, owner of a trucking company based in Perugia, central Italy, runs a fleet of 60 diesel semi-trucks that manage 2,000 km (1,243 mi) – four days’ driving – on a single tank. Fulvi Trasporti is considering hydrogen as heavier BEV alternatives would cut its load capacity by 15% and require daily […]
shifting ground Global automakers experience periods of feast and famine that fall on cycles of approximately seven to ten years. What is happening now is different. The shock of the pandemic, two years of supply-chain chaos and possibly a recession this year are hitting the industry with a once-in-a-century shift in fundamental technology. As combustion […]
new sales lead This is the first major move by Tesla since appointing Tom Zhu, its chief executive for China and Asia, to oversee US output and sales. Tesla last week cut prices in China and other Asian markets. The price in China for the Model 3 or Model Y was down 13% to 24% […]
“India will play an important role in Renault-Nissan’s future projects, but local plans will not be finalized before a global deal is reached on restructuring the alliance,” said one of the sources. In India, domestic carmaker Tata Motors, which dominates sales of electric cars, as well as foreign players like Stellaantis, Hyundai Motor and SAIC’s […]
Tesla Inc reported record production and deliveries for fourth-quarter electric vehicles on Monday, but it missed Wall Street estimates, burdened by logistics problems, slowing demand, rising interest rates and recession fears . The world’s most valuable automaker delivered 405,278 vehicles in the last three months of the year, according to Refinitiv data, while Wall Street […]