Hyundai admits electric vehicles are an imperative

Hyundai admits electric vehicles are an imperative

The Korean automaker has been criticized by investors and analysts for not acting on electric vehicles sooner, pressuring the company to change its strategy. Investment analyst expects the company to lose money initially on the shift to EV’s, but that should they not act they would be left behind.

Is the EV industry ignoring Apple’s electric car project?

Is the EV industry ignoring Apple’s electric car project?

In what is perhaps the worst kept secret in the electric car industry, Apple is looking to introduce its own electric car in the short to medium term. The company has dropped a number of subtle hints regarding its interest in electric vehicles but so far there has been no official recognition that the project even exists. Historically the company has played the public relations market to a tee but many now believe the company risks been ignored by the sector and EV enthusiasts unless it is a little more forthcoming with information. Is Apple actually building an electric car?

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Should Tesla just stick to electric cars?

Should Tesla just stick to electric cars?

Ever the one for grabbing the headlines, Elon Musk recently announced that Tesla is working on an electric truck and an electric bus. While you could argue that the technology used in the electric cars of today can be readily transferred to electric trucks and electric buses, is there an argument for suggesting that Tesla should just stick to electric cars for now? Is the introduction of new products going to put pressure on the company’s cash flow and quality of products? Planning for the future There is nothing wrong in planning for the future and there is no doubt

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Mercedes-Benz finally getting serious about electric vehicles

Mercedes-Benz finally getting serious about electric vehicles

In a move which is probably 10 years later than initially expected, Mercedes-Benz has announced plans to introduce an array of electric vehicles by 2020. This is a company which has been at the cutting edge of technology and luxury car travel but for some reason seems to have rejected electric vehicles until now. As the industry moves towards the mass market all of the major car manufacturers have been forced to reconsider their electric vehicle investment strategies with consumers becoming less concerned about range capacity and more concerned about long-term savings. What can we expect from Mercedes-Benz? While other

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More losses for Tesla, can the company stay afloat?

More losses for Tesla, can the company stay afloat?

This week saw final quarter figures from electric car giant Tesla with a tripling of full year losses to a staggering $889 million. Despite the fact that fourth-quarter figures were worse than expected shares in the company rose by 6% as ever confident entrepreneurs Elon Musk mapped out his plans for the future. However, while investors still seem to be enjoying a love affair with Tesla there are concerns that the company will need additional funding sooner rather than later. Revenues increase When you consider that annual revenues at Tesla increased by 27% to just over $4 billion this does

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Is the current US dealership system holding back electric car sales?

Is the current US dealership system holding back electric car sales?

The US automobile industry has in many ways been a law unto itself for decades now although young EV upstart Tesla Motors is determined to take on the might of the archaic US dealership system. While the original idea of dealership only automobile sales across the US was well-balanced, protecting consumers and independent dealerships from the might of the automobile giants, the Internet has changed the playing field. Many have tried and failed to overturn this ancient system but the outcome of a forthcoming Supreme Court battle in Utah could have significant ramifications for the future. US dealership sales Dealership

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Autonomous vehicles – would you trust a car to drive itself?

Autonomous vehicles – would you trust a car to drive itself?

Many people believe that the electric car market in its most basic form has gone past the point of no return and will be a major element of the automobile mass market going forward. This forward-thinking, forward-looking and technologically advanced industry is now looking towards the next development which for many will be autonomous vehicles. So, what is the general feeling about autonomous vehicles? Would you trust a car where you had little or no input? Education, education, education One of the main problems regarding the concept of autonomous vehicles is the fact that the general public have little or

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Is it fair for Tesla Motors to carry the whole electric car sector?

Is it fair for Tesla Motors to carry the whole electric car sector?

You may have noticed over the last few weeks that Tesla Motors has come in for a significant amount of criticism with regards to its autonomous driving system. A recent death obviously attracted the interest of the authorities, and while there were mitigating circumstances, it seems that some areas of the worldwide press are gunning for Tesla. Elon Musk has taken the electric car industry from not even a niche market to the mass market in less than a decade. However, is it fair for Tesla Motors to carry the whole electric car industry? Elon Musk has made enemies Elon

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