Monday, June 17, 2024

Europe Is Set To Make Faster Cars with Better Batteries than Tesla

Europe that is known as the birthplace for automobile industry become laggard but it surely let its stock market valuations go up.

However, in the past 12 years since the Elon Musk the owner of Tesla released its full-electric sports car also expanded in the battery production at the Gigafactory of Tesla, deployed the worldwide dedicated charging infrastructure and also developed its products that just let its all consumers generate as well as store energy.

Elon Musk Roadster has now become the reference for the super-fast travel cars on battery and the electric sedan that have climbed the rankings to just compete with Nissan and it is now the world’s most selling electric cars seller.

However, the prestigious brands of Europe like Volkswagen and the Daimler of Germany also the Renault and the Peugeot of France had mostly struggled with their diesel emissions scandal for their cars and that is the reason that they shift to battery powered cars that reduced the carbon emission.

Mehjabeen Qasim
Mehjabeen Qasim
Business Journalist at Startup Pakistan

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