Many experts don’t believe autonomous vehicles will be in widespread use for a decade or more.
The announcement was made at the Detroit auto show.
Follows Beijing’s announcement it would end restrictions this year on foreign ownership of electric vehicle producers.
Will drive the scale and infrastructure investments needed to allow the US to lead the way to a zero emissions future: Ruess
Facility to be completed in 2020 and is part of a US$3.2 billion investment in new technology globally.
ACEA warns against overly stringent CO2 targets, and unrealistic sales quota for battery electric vehicles.
And they still only account for one out of every 50 vehicles purchased in Canada.
Musk expects the company to avoid returning to the markets for capital and to be “essentially self-funding on a go-forward basis.”
BAIC is preparing to set up a “new energy car production base” by the end of June.
Government has received a wide range of recommendations, advocates are looking for financial incentives.
Government programs are available for technology developers.
Seven in the Maritimes: five in New Brunswick and two in Nova Scotia by the end of 2018.
Employers and commercial building owners could get up to $7,500 per charging space.
Says electric vehicles will only account for 6% of the global market in 2025 and 13% in 2030.
Electric vehicles represented less than 1% of all passenger vehicle sales in Ontario.