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Added on the 02/07/2020 13:41:24 - Copyright : France 24 EN
Last year Tesla CEO Elon Musk predicted autonomous driving would boost his company's market capitalization to $500 billion. On Monday, Tesla's market cap soared as high as $498 billion even though Tesla is still refining its self-driving software. Business Insider reports that it has only released a beta version to a limited number of customers. Musk made the claim during an investor call in May 2019, when Tesla's market cap was less than $45 billion, CNBC reported. The Tesla chief projected in 2015 that his company's market cap could balloon to $700 billion by 2025.
"Global markets are now flooded with cheaper Chinese electric cars" says European Commission president Ursula von der Leyen, "and their price is kept artificially low by huge state subsidies". The comments -- made to the European Parliament in Strasbourg -- come as Brussels announces it will investigate Chinese state subsidies for electric vehicles in order to protect the European market from "distortion." SOUNDBITE
"Big dreams begin with a few believers.” This is how the CEO of SEAT and CUPRA Wayne Griffiths explains the brand’s early vision. Their aim was to reinvent electrification and prove that electric cars could be sexy and uniquely sporty. And not even one year after launching the brand, those believers were bold enough to unveil the CUPRA Tavascan Concept in 2019. What was once nothing more than a sketch is now a piece of the brand’s future, and in just a few days’ time, at CUPRA’s Exponential Impulse event in Berlin, the world is going to discover this all-electric SUV, a new hero for the new era. In this interview, Wayne Griffiths talks about the significance of this milestone in CUPRA’s story.
Citroën introduces the New 100% Electric ë-C4 X and C4 X, featuring a unique and elegant design approach for customers looking for an attractive alternative to affordable compact SUVs and compact offerings on the market.Following in the footsteps of the elegant new Citroën C5 X, the design of the New ë-C4 X and C4 X dares to challenge the traditional definitions of compact car bodies to offer users something unique: a mix of designs that It combines the sleek bodywork of a fastback with the modern attitude of an SUV and the timeless refinement and roominess of a 4-door.The New 100% electric ë-C4 X and C4 X also benefit from the new generation of Citroën's MyCitroën Drive Plus infotainment system, which offers a complete package of connectivity and connected services.
A Christmas market in Vienna opens as a partial confinement, in place since last month due to soaring Covid cases, comes to an end. However, only the vaccinated will be able to regain their freedoms, those who have not received the required doses will have to remain at home. IMAGES
Medan, Sep 17 (EFE/EPA).-Health workers carried out Friday a Covid-19 vaccination drive for market vendors in Medan, Indonesia.The Indonesian government is speeding up its vaccination campaign as Covid-19 restrictions were extended with a number of relaxations for community activities, including reopening schools, public areas and shopping malls.(Camera: DEDI SINUHAJI)SHOT LIST: VACCINATION DRIVE IN MEDAN, INDONESIA.