Tesla slashes half its Model 3 production target for the first quarter
Businessam StaffJanuary 4, 2018
Tesla says it will produce 2,500 Model 3 vehicles per week by the end of the first quarter 2018 and will build 5,000 per week by the
China plans to kill local subsidies for electric cars
Businessam StaffDecember 18, 2017
China is planning to tell local governments to stop offering subsidies for electric cars and other new-energy vehicles, according to a
South Africa’s October manufacturing output up 2.2% year-on-year
Businessam StaffDecember 12, 2017
South Africa’s manufacturing output rose 2.2 percent year-on-year in October, beating market expectations, after falling by a revised
Lamborghini, MIT building self-healing electric sports car
Businessam StaffDecember 12, 2017
The next super sports car is being built as we speak, not in a manufacturing plant, but in a lab at Massachusetts Institute of
UK factories boom on global car demand
Businessam StaffDecember 8, 2017
U.K. manufacturers extended their winning streak in October as foreign demand sent car production to a record, according to figures
Ford plans deal with Alibaba to sell passenger cars online in China
Businessam StaffDecember 7, 2017
Ford Motor expected to sign as early as Thursday a deal with Alibaba Group Holding, which may allow the US carmaker to test selling
Lamborghini unveils the world’s fastest SUV, begins delivery 2018
Business InsiderDecember 5, 2017
Lamborghini unveiled the all-new Urus SUV on Monday in a presentation that could best be described as shambolic. A technical glitch
VW unveils electric minibus to take-on Uber in app-based rides
BloombergDecember 4, 2017
Volkswagen AG’s Moia division unveiled a six-seater, battery-powered minibus to enter the market of app-based ride-hailing and
China’s electric car investments could push oil prices even lower
Businessam StaffDecember 4, 2017
Oil prices could drop to $35 next year if China and India’s plans come to fruition, Saxo Bank’s chief economist said
Asian manufacturing expands further, but China remains a risk
ReutersDecember 1, 2017
Asia’s major manufacturing economies saw their fastest expansion in factory activity in years last month, driven by robust demand for