Fiat has found a novel way to avoid paying some massive corporate fines in the EU. With the 2021 deadline looming for Europe’s push to cut down carbon emissions, Fiat finds itself unprepared to hit the new targets. This sets them up to pay billions if not for a partnership with Tesla.
The new carbon emission targets are set to be a 40% reduction on 2007 levels. For each gram of C02 produced, there will be a 95 euro fine, multiplied by the number of vehicles the manufacturer sells. Market-wide penalties are expected to hit $14 billion euros, with Fiat on track to face $2 billion euros in fees. Continue reading “FCA to Pay Tesla to Avoid Paying Fines”
While officially unveiling the previously teased all-electric semi, Tesla shocked the room by all introducing their forth-coming update to their original vehicle, the Roadster.
Continue reading “Tesla Travel Back to the Future”
It seems that Tesla has learned a few things about meeting deadlines. After the Model S had it’s production date pushed back repeatedly, to say nothing of the delays that plagued the Model X, Musk and Co seem to have gotten the hang of the manufacturing process.
Continue reading “Tesla Model 3 Enters Production; Isn’t Late”
Fisker motors CEO and namesake Henrik Fisker jumped the gun and officials unveiled the new Emotion small electric sedan. Originally intended to be announced June 30, the anxious head boss went to Twitter to announce the vehicle June 12. Continue reading “Fisker Motors Get Emo”
That sleek and sexy Jaguar I-Pace we mentioned a couple of weeks back has been revealed to already be in production.
Continue reading “I-Pace Is In I-Production”
Tesla has announced that they’re on schedule to begin production of the Model Y crossover to by late 2019. Or maybe early 2020. With Tesla these timeframes are flexible.
Continue reading “Tesla Announce Model Y Production”
The Model 3 isn’t even available yet Tesla have announced their next non-commercial vehicle, the Model Y.
That’s also pretty much all we know about it. Continue reading “Tesla Announce, er, Mention Model Y”