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Silk-FAW Confirms Plan To Build Electric Sports Cars In Italy

Silk-FAW, a start-up of U.S. automotive engineering and design firm Silk EV and Chinese automaker FAW (000800.SZ), said on Monday it would press ahead with a plan, worth over one billion euros ($1.02 billion), to build electrified cars in Italy….

Study Confirms Electric Cars Produce Less CO2 Than Petrol Vehicles

Electric vehicles produce less carbon dioxide than petrol cars across the vast majority of the globe – contrary to the claims of some detractors, who have alleged that the CO2 emitted in the production of electricity and their manufacture outweighs the benefits….