
Automotive News Europe
Tesla's third-quarter net income rose 17 percent to $2.2 billion as CEO Elon Musk promised a paid robotaxi service next year and more affordable vehicles.
Commercial boss Enrico Galliera's willingness to do the unexpected is pushing sales to new heights without sacrificing profits or exclusivity.
Technological advances and favorable taxation can lower the price of synthetic fuels, which won an exemption from the EU's 2035 zero-emission target, officials from the Saudi energy company and Stellantis say.
Many supporters of solid-state batteries describe them as a breakthrough, but Toyota, a pioneer in the technology, says they will co-exist with other battery types for years to come.
The Chinese EV giant is targeting a top five market share, and will be adding plug-in hybrids to its full-electric lineup.
Electric vehicles trail internal-combustion models in residual value because of purchase incentives, fast-changing technology and battery costs, experts say.