Electric Vehicles News
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Call it Elon Unchained.
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SAIC Motor Corp., China’s largest automaker, will resume delivery of its electric Roewe E50 at prices based on government subsidies that ended last year.
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Renault SA, France’s second-largest carmaker, is expecting European car market to shrink five percent this year over last year, Carlos Tavares, chief operating officer, said.
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Elon Musk was fresh off the sale of PayPal and starting another business, commercial rocket service Space Exploration Technologies Corp., when he met kindred spirit JB Straubel. Their shared belief that consumer electronics advances could be applied to more earthly modes of transport is a cornerstone of Tesla Motors Inc.
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Tesla Motors Inc.’s first quarterly profit, led by a surge in deliveries of the electric-car maker’s Model S, got an added bump from sales of California and U.S. environmental credits that generated 15 percent of revenue.
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Tesla Motors Inc., the maker of electric cars run by billionaire Elon Musk, rose 11 percent after an analyst said that investors who’d expected the stock to decline had to buy it.
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Tesla Motors Inc., the maker of electric cars run by billionaire Elon Musk, surged 24 percent after posting a first profit, beating estimates and earning a top evaluation for its Model S sedan from Consumer Reports.
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Molycorp Inc., the owner of the largest rare-earth deposit outside of China, jumped the most since its July 2010 initial public offering after posting a smaller-than-expected first-quarter loss as volumes rose.
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Brazil received applications from 373 companies and organizations seeking 12.3 billion reais ($6.13 billion) in funding to research renewable power and energy efficiency through a government program.
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Coda Holdings Inc., parent of the electric-car maker backed by billionaire Philip Falcone, filed for bankruptcy and will seek to sell its assets to a group led by a Fortress Investment Group LLC unit for $25 million.
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