SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) reported a net profit, positive cash flow and wider-than-expected margins for the latest quarter on Wednesday, delivering on Chief Executive Elon Musk’s promise to turn the electric carmaker profitable as higher production volumes of its new Model 3 began to pay off. Tesla reiterated that it expected to
Uber has teamed up with seven electric vehicle charging suppliers to offer its drivers cheaper prices for home charge points, while adding 15p per mile to each London journey to fund the switch to EVs across its London fleet. The company’s latest Clean Air Plan is aiming to get every car in London on the
So-called vehicle-to-grid (V2G) technology is a connection between the EV and the grid through which power can flow from the grid to the vehicle and vice-versa. That potentially enables car owners to sell energy to the network, while utilities could use electric cars as a backstop if demand rises. Nissan said it would initially target
An investment opportunity of up to £6 billion is available to 2040 owing to the need for millions of electric vehicle chargers at workplaces, shops and motorway services, according to a report out this week. Released by Aurora Energy Research and supported by Eaton, NatWest, Lombard and the Renewable Energy Association, the study states the
Following the release of the Commons’ Business, Energy and Industrial Strategy Committee (BEIS) report into the future of electric vehicles published today, a number of interested parties have responded. On the whole, the response has been positive, with the main criticism being that the government needs to be doing a lot more now to boost
The need for energy in transport is determined by the basic laws of physics. Improvements in efficiency will happen, but there are limits as to what can be achieved The switch to electric cars is speeding up. There are two forces driving this. One is legal or regulatory controls, the other the falling cost of
Renault ZOE wins carwow Eco Award at carwow’s annual award ceremony, held today in London All-electric ZOE is the flagship of Renault’s diverse Z.E. electric vehicle range ZOE is priced from £17,420 on the road, after Plug-in Car Grant and excluding battery hire Renault’s all-electric ZOE has won the carwow Car of the Year Eco
On Friday I had my first taste of the new Jaguar I-PACE as I took my family for a test drive. I was intrigued to see what it’s like as I think it would be fair to say that the motoring press have been raving about it, the first all-electric production car from the Jaguar
A ban on sales of new petrol and diesel cars should be brought forward by eight years to 2032, MPs have said. The government’s current plans to ensure all new cars are “effectively zero emission” by 2040 were “vague and unambitious”, a report by Parliament’s business select committee said. It also criticised cuts to subsidies
Renault EVs drive forward the Eden project’s commitment to reducing carbon emissions
Renault electric vehicles will continue to play a major role in the day-to-day running of the Eden Project and its drive to educate its millions of visitors on the environmental benefits of EVs after the world-famous attraction took delivery of a new fleet of 100 per cent electric ZOE and Kangoo Z.E models Comprising of
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