Vmoto Shares Hit Skids Despite Doubling Sales To Europe
Shares in Perth-based electric scooter maker Vmoto have plunged despite the company flagging a surge in orders after second-quarter sales to Europe were more than double those of a year ago. The manufacturer and distributor sold 2371 vehicles to Europe…
Tesla Triples European Sales In First Half Of 2019 As Regional Car Market Drops 7.9%
As the overall European car market fell nearly 8% in June over last year, Tesla managed to both buck the trend and triple its sales in the region in the first half of 2019. The Model 3 was also Europe’s…
Magna & BAIC To Cooperate On EV Production
Magna and BAIC have officially signed a framework agreement with the Government of Zhenjiang (Chinese city) for the production of electric vehicles. The joint venture, led by BJEV, BAIC’s electric car subsidiary, is Magna’s first investment in a complete vehicle…
Seat’s Cupra Teases High-Performance EV
Seat’s Cupra performance brand will preview its first full-electric car with a concept to be unveiled at the Frankfurt auto show in September. Cupra’s teaser image of the concept shows a coupe-like SUV with five doors. In a news release…
Tesla To Be More Competitive In Europe With Upcoming Car Tax Policy Update
Tesla’s Model 3 push in Europe could see a notable boost, thanks to a potential policy update that would abolish import duties on American cars entering the region. The potential update was related by German Economy Minister Peter Altmaier to…
