“Cars with electric driving ranges of 500 km and fast charging times of 20 minutes are within reach.”
Even Daimler CEO Dieter Zetsche believes that, considering progress made in recent years, electric drivetrains will catch on. However, if Germany continues on the same path as before, its goal of one million EVs on the road by 2020 seems unattainable.
“My mandate from Elon is clear: cash is king.”
Tesla CFO Jason Wheeler explains that the EV maker plans to cut capital expenditures this year to obtain net cash flow positive, as Tesla also expects a year-on-year growth in vehicle deliveries of up to 78 percent.
“The longer Germany waits before reducing its 18 cent tax gap between diesel and petrol, the harder it will become for its carmakers to become more competitive in making mass-market hybrids and electric vehicles.”
This sentence comes from a press release from Green Budget Europe (GBE), as members of the European Parliament were presented with a report showing that diesel cars are worse for the environment than petrol-powered vehicles.
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