Tesla growth: The EV maker posted the 4th quarter results and increased its automotive revenue by almost 80 percent to 1.994bn dollars. Still, Tesla not put of the red as net loss stood at 121m dollars. Orders for both the Model S and X grew by 50 percent year-on-year. Also, the Model 3 is underway as planned. Limited production is to start in July before it is ramped up to 5,000 units per week in Q4 2017.
greencarcongress.com, electrek.co, letter to shareholders (pdf)
Ghosn goes as Nissan CEO: Carlos Ghosn will step down as Nissan CEO this April but will remain chairman of Nissan, Mitsubishi and Renault, where he is also CEO. Lifelong Nissan employee Hiroto Saikawa will take over the daily business of the company, while 62 year old Ghosn is to bring Mitsubishi back on track.
EV surprise: Renault says it got a concept packed for Geneva but did not liberate more information than that it is battery-electric. Launch is set at a press conference on March, 7.
An environmental policy paper from Scottish Conservatives suggests free parking for electric cars as well as use of bus and taxi lanes and lists a fond for charging infrastructure. While the plan also includes renewables, the conservatives see nuclear power plants as part of the path to a low carbon economy.
Cadillac XT3 PHEV? Cadillac’s XT3 is a compact crossover due by 2019 and it looks like it may be electrified. Spy shots show a flap where other GM EVs like the Bolt have their charge connectors. For Cadillac, a PHEV is most likely as the firm knows the technology from its hybrid CT6.
VW e-Golf rated: 201 km or 125 miles is the range of the 2017 electric Volkswagen, according to EPA. It is a 50 percent increase over the previous e-Golf. 19 MPGe combined (28 kWh/100 miles), making it one of the most efficient electric vehicles on the U.S. market, where it will arrive in spring.
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