Why is little Norway leading the world in the use of electric vehicles?
Almost 60% of new cars sold in Norway in March 2019 were fully electric. Record statistics regarding Norway and electric vehicles show that the Scandinavian nation hopes to stop selling…

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Problems of using electric vehicles in winter and their solutions
Lithium-ion batteries are very sensitive to temperature. At the same time they are equally bad tolerate extremely high and too low temperature, because when it gets very cold, the electrolyte…

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Geneva motor show: the electric car revolution could begin before Europe is ready
The Geneva motor show 2019 is a car show where they say the electric car revolution is about to begin. Sales of electric vehicles are growing rapidly, but in comparison…

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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

BNEF: by 2040, almost 60% of new car sales will be electric
According to estimates by Bloomberg sales of fuel and vehicles has already peaked, and perhaps never more to rise, because the price of batteries fell. The increase in the number…

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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…

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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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