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Report: Old-Line Carmakers Set to Sweep Past Tesla in EV Race
7/13/2018Tesla Inc. will retain its position as the world’s largest maker of electric cars next year but plunge to seventh behind well-established vehicle manufacturers by 2021, predicts PA Consulting Group.
Panasonic Aims to Cut Cobalt in Batteries 50% by 2020
7/13/2018Panasonic Corp. says it expects to slash the amount of cobalt required in its electric-car batteries 50% within three years.
Porsche Launches Ultra-Fast EV Chargers in Berlin
7/12/2018Porsche AG has installed its first batch of 350-kW charging stations at a dealership in Berlin as part of previously announced effort to roll out the ultra-fast systems across Europe and the U.S.
U.S. in No Hurry to Regulate Autonomous Vehicles
7/12/2018The National Highway Traffic Safety Administration says the emerging technology involved in self-driving cars is too new to be tightly regulated.
Thailand Rules Out a Hike in EV Subsidies
7/12/2018Thailand says it won’t offer sales incentives beyond a discounted excise tax to spur demand for electric vehicles, the Bangkok Post reports.
McLaren Readies £1.2 Billion Product Push
7/12/2018British supercar maker McLaren Automotive Ltd. plans to launch 18 new or derivative models over the next seven years—almost all of them hybrid-powered—in a push to hike annual sales from 3,400 in 2017 to 6,000 by 2025.
Tesla Maxes Out on Tax Credit as U.S. Sales Reach 200,000
7/12/2018Tesla Inc. says it will deliver its 200,000th electric vehicle in the U.S. this month, thereby triggering a phase-out of the $7,500 federal tax credit its vehicles have enjoyed.
Opel Drives 38% Sales Gain for PSA
7/12/2018PSA Group reports that its sales in the first half of 2018 climbed 38% to 2.18 million units, mainly because of its acquisition last year of Opel/Vauxhall from General Motors Co.
VW May Replace Beetle Coupe with 4-Door EV
7/12/2018Volkswagen AG may replace the piston-powered Beetle coupe and convertible with an all-electric four-door model a few years from now, Autocar reports.
Trump: EU Can Avert Car Tariffs with “Good Faith” Trade Talks
7/12/2018President Donald Trump says he will slap tariffs on cars from the European Union if the EU fails to commit to “good faith” negotiations to lower its own import taxes.