Rich or not, young and old, hip urbanites and rural dwellers alike: Norwegians, including Crown Prince Haakon, are increasingly switching to electric cars.
Uber Technologies, the world’s largest ride-hailing company, plans an initial public offering (IPO) that values the company as much as one-third below what the startup’s insiders had hoped for, between $80.5 billion and $91.5 billion. Underscoring the company’s ability to generate revenue but also the scale of its losses,
Electric vehicle (EV) concepts shown in Shanghai this week, such as the Audi AI:me and Infiniti QX Inspiration, point to a future of living-room-like comfort in cars with flat floors and ample space for sofa-like bench seats. In the design studies, automakers have taken advantage
General Motors’ majority-owned Cruise self-driving division said fund manager T. Rowe Price and a group of existing investors put down $1.15 billion in new equity, valuing the unit at $19 billion. Shares of the No.1 US automaker rose as much as 2.1 per cent to $38.89 in early afternoon trading following the announcement.
Imagine one day that your rich friend Becky FaceTimes you from San Francisco to show off her brand-new luxury car. Congrats to Becky! She works hard for a living, and she earned that brand-new whip. But then, when collecting your next paycheck, you notice Uncle Sam took part of your earnings to pay for Becky›s car. To make matters worse,
Minister for Science and Technology Fawad Chaudhry took to Twitter to congratulate the Sindh government, specially Chief Minister Murad Ali Shah and his ministry, on their “remarkable step to add electric bus in Karachi Commuters system.”
Tesla and SpaceX CEO Elon Musk has hit back on tech billionaire Bill Gates who earlier cast doubt on his ability to develop electric vehicles for long-haul travel.
Dewa has successfully installed 240 electric vehicle charging stations in different areas of Dubai such as government offices, airports, petrol stations, shopping malls, commercial offices, clinics and hospitals, residential complexes and establishments.
Dubai’s Roads and Transport Authority (RTA), unveiled an initiative for exempting electric vehicles licenced in Dubai from public parking fees for two years starting from July 1, 2020.