Tesla (tesla stock) has since formed many partnerships with two large companies such as Toyota and Mercedes to sell the fruits of its technology and know-how. These companies bought California OEM engines and batteries for use in their models in exchange for a portion of the Tesla inventory. While the established partnerships are not aimed at reducing costs or sharing platforms, they do demonstrate that these alternative technologies are more affordable and reliable for the whole market and can be used in mass-market vehicles.
It was designed for that. The importance of low-emission vehicles will increase in the coming years. Europe, North America, China and many other countries have agreed to implement stricter vehicle emissions policy by 2020. There are differences, but the law allows OEMs to go above and below the 2015 allowance. These limits are fined. Mechanisms like the Zero Emission Vehicle (ZEV) program are being … Read More