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Tesla Automobiles Gets Price Trimmed in China

Tesla Automobiles Gets Price Trimmed in China

Tesla Inc (NASDAQ: TSLA) Model X and Model S cars are going to be cheaper in China.The company announced on their official Weibo account on Tuesday that it will be cutting prices on these automobile models by about 6% or upwards of $15,000 after the..

BMW Joins Electric Car Startrup Faraday Future

BMW Joins Electric Car Startrup Faraday Future

Jia Yueting, Chinese Entrepreneur from Faraday Future, an electric car start-up, has hired BMW veteran Ulrich Kranz as chief technology officer, as it pushes to accelerate production of its FF91 luxury electric SUV despite its parent’s financi..

BMW Makes $600 Million Investment In Spartanburg Plant, To Add 1,000 Jobs

BMW Makes $600 Million Investment In Spartanburg Plant, To Add 1,000 Jobs

BMW AG, the German manufacturer, announced on June 26, that it will invest approximately $600 million in the United States. This money will go the company's existing Spartanburg, South Carolina plant. The company will buttress its manufacturing ..