Tesla Shares Surge After Record-Setting Quarterly Earnings Report Tesla Shares Surge After Record-Setting Quarterly Earnings Report Tesla, Inc. has reported record-setting quarterly earnings for the third quarter of 2023, resulting in a significant increase in its stock price. The company announced a net income of $3.3 billion, a remarkable increase from $1.6 billion in the…
Mexico City Sees Surge in Bike Commuting as Traffic Worsens Mexico City Sees Surge in Bike Commuting as Traffic Worsens Mexico City is witnessing a notable increase in bike commuting as worsening traffic conditions push residents to seek alternative modes of transportation. Municipal data and surveys indicate that bike usage in the bustling metropolis has…
South Korea’s New EV Subsidies Aim to Boost Electric Car Sales South Korea’s New EV Subsidies Aim to Boost Electric Car Sales In a significant move to bolster the adoption of electric vehicles (EVs) and curb carbon emissions, South Korea has announced an extensive subsidy program aimed at encouraging consumers to make the switch from…
Canada Imposes High Tariffs on Chinese Electric Vehicles in Trade Dispute Canada Imposes High Tariffs on Chinese Electric Vehicles in Trade Dispute In a significant escalation of trade tensions, Canada has announced the imposition of high tariffs on Chinese electric vehicles (EVs). This decision comes amid ongoing concerns regarding unfair competitive practices and the market’s…
Electric Vehicle Adoption Accelerates in 2024 Amid Global Push for Green Transport Electric Vehicle Adoption Accelerates in 2024 Amid Global Push for Green Transport The rush towards sustainable transportation is gaining unprecedented momentum in 2024, as global governments reinforce their commitments to combat climate change through the adoption of electric vehicles (EVs). With increasingly stringent…
