🇨🇳🎸🍾China's factory activity is slumping, and its markets are following suit. So industry leaders are working with policymakers and courting outsiders for a much-needed boost. Elon Musk, for instance, visited the country this week and was treated like a rockstar amid conversations about deepening Tesla investments in the country. On the other hand, VW's COO said they like their share of the Chinese market but would sooner see it dip than enter a "price war" to keep it.
🤠💰👷♀️Gas taxes often go to support the roads and highways in a state. Texas is looking to balance the influx of electric vehicles with a $400 flat fee paid to register an EV, with a $200 renewal fee each year. Drivers will pay the money in addition to nearly $100 in standard registration fees and a 6.25% sales tax. The change goes into effect on September 1. Many are watching to see what it does to EV adoption leading up to and after the start date.
⛽️🪄🔋A UK-based company is outfitting classic roars with updated hums. Electrogenic's E43 package drops a 150-mile range, 0-60 in under 6 seconds, all-electric motor in classic 1960s roadsters and coupes like the Jaguar E-Type. Once converted, the system uses existing features like the fuel gauge by converting it into a charge remaining meter. Now let's see if somebody can convert a Tesla into a diesel.
