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Tesla Battery Day: Have electric cars hit cost parity with internal combustion?

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As automakers shift from horsepower to kilowatts to comply with stricter environmental regulations, investors are looking for evidence that Tesla can increase its lead in electrification technology over legacy automakers who generate most of their sales and profits from gasoline-powered vehicles. Musk, who frequently launches new products in attention-grabbing, show-like announcements, has fueled expectations for Battery Day over the past months, in April calling the event "one of the most exci

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Tesla Battery Day: Have electric cars hit cost parity with internal combustion? originally appeared on Autoblog on Tue, 22 Sep 2020 08:32:00 EDT. Please see our terms for use of feeds.

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Polestar plans to double showrooms this year and move into new markets

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Polestar, the performance electric vehicle maker based in Sweden and owned by China's Geely, plans to double the number of showrooms in existing markets this year and expand to new countries in Asia and the Middle East, its CEO said on Tuesday. The automaker started producing its Polestar 2 sedans this year in China and sells them in China, Europe and the United States. It plans to expand its sales network and is looking at new markets in the Asia Pacific region and the Middle East, Chief Exec

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Polestar plans to double showrooms this year and move into new markets originally appeared on Autoblog on Tue, 22 Sep 2020 08:30:00 EDT. Please see our terms for use of feeds.

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