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Tesla reports net profit, positive cash flow and better margins for Q3 2018 on Model 3 successes

Green Car Congress

For the third quarter of 2018, Tesla reported GAAP net income of $312 million; free cash flow of $881 million, supported by operating cash flow of $1.4 Q3 2018 was a truly historic quarter for Tesla. billion; and a Model 3 GAAP gross margin of more than 20%. —Tesla investor letter.

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Ballard closes strategic collaboration with Weichai Power; heavy-duty fuel cell vehicles

Green Car Congress

interest in the company, through the subscription and purchase of shares from treasury at a price of $3.54, which reflects a 15% premium to the 30-day VWAP of $3.08 on 29 August 2018. —a current Ballard strategic investor and Chinese partner—has invested a further approximately $20.2 million, representing a 19.9%

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BYD signs deal to supply 5,000 EVs to UK car rental firm Octopus EV over 3 years

CN EV Post

BYDDY.US | BYD HK (Image credit: BYD) BYD (OTCMKTS: BYDDY), which just last week officially announced its entry into the UK passenger car market, has signed a purchase agreement with a local car rental company. The initial order will include the BYD Atto 3, an all-electric C-segment SUV that debuted in the UK this month.

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Ballard enters strategic partnership with Weichai Power; 19.9% stake in Ballard and new JV; fuel cell commercial vehicles

Green Car Congress

In addition, Zhongshan Broad-Ocean Motor —a current Ballard strategic investor and Chinese partner—has agreed to invest a further approximately $20 million at the same 15% premium to maintain its 9.9% ownership position in Ballard.

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WM Motor aims to be China’s BEV for the masses

China EV

Everyone buy it! Now Freeman is putting those years of experience and connections to good use at WM Motor, an EV startup initially known as Weltmeister, Its Chinese name remains Weima. Freeman says “thousands” of units have been delivered since it went on sale in Beijing in December of 2018. It should be out in May.

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Opinion: Why Lithium Will See Another Price Spike This Fall

Green Car Congress

Given this new investment, plug-in electric vehicle (PEV) sales are expected to experience 62% year-over-year growth in 2016 , 60% in 2017, and likely 100% in 2018. A previously defunct mine, Quebec Lithium, has recently seen interest from a Chinese operator. Lithium Explorers in the Spotlight.

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Power Electric Scooter Buyers Guide | 2022

Plug In India

By Team PluginIndia We often get so many queries, from all of you about buying a high speed electric scooter. In this blog/video we will talk about the performance electric scooters you can buy now in 2022. They offer financial incentives to customers who buy EV’s. Especially those who want no compromises.

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