The California-based electric car maker Tesla has received a boost from the nation with the world’s largest auto market—China. As part of a declaration posted Friday by the country’s Ministry of Industry and Information Technology, Tesla is receiving an exemption from a 10-percent purchase tax. The news, which is part of a broad... Tesla gets official nod from China with tax exemption
The California-based electric car maker Tesla has received a boost from the nation with the world’s largest auto market—China. As part of a declaration posted Friday by the country’s Ministry of Industry and Information Technology, Tesla is receiving an exemption from a 10-percent purchase tax. The news, which is part of a broad...
Battery-giant Panasonic put a damper its planned investment of hundreds of millions of dollars to expand Tesla's Gigafactory site in Nevada, raising concerns that slowing investment could slow the pace of progress for EVs. Media reports indicated that Panasonic was reportedly considering investments of up to $1.3 billion for battery production to...
Sometimes it's the task of the Tesla communications department to explain, or provide context, or simply clean up the confusion after CEO Elon Musk says or tweets something about the electric-car maker. In the latest case, it was Musk's statement about Tesla Model 3 production equipment that required the good people of the company's long-suffering...
Only one topic really mattered in the Tesla third-quarter financial results call for analysts held Wednesday afternoon: Model 3. In light of far lower September deliveries than promised as late as July by Tesla CEO Elon Musk, all interest focused on the more-affordable, higher-volume electric car that's meant to catapult Tesla to selling half a...
While the United States federal government threatens to backslide on renewable energy, California and China continue to move at an aggressive pace to lead the world in zero-emission vehicles. However, there's another piece to the electric-car puzzle that China seems poised to lead as well: battery production. As the global market for electric and...
Relatively few people focus on it, but the huge Japanese electronics company Panasonic is a minority shareholder in electric-car maker Tesla. The deal dates all the way back to November 2010, the same year that Tesla completed its initial public offering after Toyota took a stake in the company and sold Tesla its Fremont assembly plant in...
VW Group remains one of the world's three largest carmakers, along with Toyota and General Motors, but the German automaker foresees challenges ahead. Specifically, VVolkswagen believes the industry will face a shortage of lithium-ion batteries if new investment is not made soon for additional cell fabrication factories, often referred to using...
The state of Nevada has been fairly generous to startup electric-car makers that pledge to establish manufacturing operations within its borders. After offering a generous incentive package several years ago, the Silver State landed Tesla's lithium-ion battery "Gigafactory," which is now up and running just outside Reno. Then it lured the...
For some buyers, where a car is made can be as important as the qualities of the car itself. "Made in America" can be a powerful selling point, especially after a presidential election in which domestic manufacturing jobs were a hot-button issu. But in the age of globalization, U.S. automakers no longer have a monopoly on cars with largely...
The Tesla "gigafactory" near Reno, Nevada, is already billed as the largest lithium-ion battery cell plant in the world. But Tesla has discussed plans for at least one additional gigafactory, presumably to meet demand for battery cells related to large-scale electric-car production outside the U.S. One Finnish city is now making an official bid...