World automakers see China as their launching pad for electric vehicles
This week, some of the world's largest automobile companies presented their flagship electric vehicles at the Shanghai motor show. Many of these electric cars will only be available in China,…

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A study on the example of the VW Golf: the ownership of the electric car cheaper than cars with internal combustion engines in 5 European countries
Electric cars have become cheaper to own than their petrol or diesel alternatives in five European countries — the UK, Germany, France, the Netherlands and Norway. In the course of…

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3 myths you should know about electric cars in the USA
On 6 October 2018, the intergovernmental panel on climate change issued a special report to policymakers urging that, in order to avoid the most catastrophic consequences of climate change, we…

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sales

Retail is dead: why Tesla will get more profit by closing stores

Elon Musk recently announced that Tesla will close 10-30% of retail stores with low efficiency and completely change its sales strategy. Some shareholders of the company have already expressed their skepticism about this, while others, on the contrary, are optimistic about the initiative of the management.

Musk believes that closing retail stores is the best solution to maintain the company’s profitability while reducing the price of Model 3 to the base $35,000. In General, the optimistic forecasts of analysts indicate 4 main reasons why the closing of showrooms is a profitable step for the company. Continue reading

Elon Musk: Tesla is successful because we were not taken seriously

In celebration of its 70th anniversary, MotorTrend magazine interviewed Elon Musk, a man who has changed the modern automotive world in many ways. In this interview, the CEO of Tesla answered several interesting questions, in particular why no one has been able to approach the level of Tesla.

Speaking about the success and importance of his company for the modern automotive industry, Elon Musk noted that this is ensured by the fact that at the time (recall that this year Tesla was 16 years old), representatives of the world industry simply did not believe that the company that decided to start producing electric cars will be able to achieve at least some success. According to the Mask, competition actually was not, so how to compete no one was going. Continue reading

The reasons why electric cars are better than hydrogen cars are named
The fuel cell vehicles despite its apparent efficiency and environmental friendliness — are doomed. This is mainly due to the emergence of stronger competitors among electric vehicles. This opinion was…

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Plug-in-hybrids — "enabling technology" for the transition to electric vehicles
Many consider plug-in hybrids to be a transitional stage between cars with internal combustion engines and fully electric cars, but automakers are bringing new plug-in hybrid models to the market,…

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What is the difference between electric vehicles and hybrids or plug-in hybrids
Electric vehicles that you can buy are a relatively new product on the market. Hybrid cars that combine a conventional petrol or diesel engine with an electric motor have been…

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