US electric car maker Tesla wants to dramatically expand production to meet demand for its new Model 3. The company has hired longtime Audi executive Peter Hochholdinger to help realize the ambitious plans.
The e-car pioneer has announced it wants to raise more than a billion dollars in fresh debt obligations under efforts to strengthen its balance sheet ahead of mass-producing its latest Model 3 sedan.
"A computer on wheels" - the hype surrounding the launch of electric automaker Tesla's long-awaited sedan is more like that for a new iPhone. The CEO believes the Model 3 will be the first mass-market electric vehicle.
Full speed ahead for electric cars - it seems there has never been a better time to finally do away with combustion-engine technology. But DW's Henrik Böhme feels the solution lies elsewhere.
After German chancellor candidate Martin Schulz called for a Europe-wide quota for electric cars, the debate among German politicians, the EU and carmakers has picked up steam. In China, such a quota already exists.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version