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Smart Abandons the Fully Electric Car Version
SmartElectric CarsHybridNews

Smart Abandons the Fully Electric Car Version

Smart has shifted part of its electric-only plan in another turn of events in the global automotive business by unveiling the plug-in hybrid version of the #5 model. This decision is quite a development for the Chinese Geely and the Mercedes-Benz owned company, which at the start of the new generation promised to launch only electric cars. This new move...

Rivals’ electric vehicle woes are music to Musk’s ears with $1bn payday for Tesla
TeslaNews

Rivals’ electric vehicle woes are music to Musk’s ears with $1bn payday for Tesla

Of course, Tesla, the California-based electric vehicle producer headed by the ambitious Elon Musk, will pocket $1 billion this year via the sales of regulatory credits to its rivals in Europe. Instead of coming up with strategies for meeting high standards of emissions regulation, Tesla is in a distinct market advantage, offering performance beyond the set standards. In this article,...