Tag: electric vehicles

Tesla Slashes Prices of EVs Worldwide by Around $2000
Business

Tesla Slashes Prices of EVs Worldwide by Around $2000

Tesla has introduced notable price cuts in various important markets worldwide to tackle falling sales and rising competition in the electric vehicles (EVs) industry.  The price adjustments follow similar cuts in the United States. They are seen as part of Tesla’s strategy to stay competitive amidst increasing rivalry, particularly from Chinese EVs manufacturers.  The decision to lower prices comes after Tesla announced a drop in global vehicle deliveries during the first quarter. This marks its first decline in nearly four years.  Elon Musk, CEO of Tesla, acknowledged the necessity for regular price changes to align with demand. It highlights the dynamic nature of the automotive market.  Among the significant price reductions, Tesla cut the starting price of the Mod...
Carbon footprints : Electric Vehicles vs Gasoline-based vehicles
Opinion

Carbon footprints : Electric Vehicles vs Gasoline-based vehicles

Many people are unsure whether the 'green' statements regarding the carbon footprint of electric vehicles versus gasoline-powered vehicles are true.Unfortunately, a lot of people believe that electric cars either have no carbon footprint. While some thinkthat their carbon footprint is so small with respect to gasoline-powered cars, it doesn't matter. However, because the environmental cost of manufacturing is high. A new electric vehicle still generatesa significant amount of carbon emissions during its production, shipping, and charging. In contrast, a used automobile is most likely the alternative with the lowest emissions.Even though buying an electric car may still be a good alternative for you. But knowing the true environmental costs can help you make the best choice for your eco...