Morocco’s Neo Motors plans to begin selling the kingdom’s first homegrown electric car for about 100,000 dirhams ($10,740) next year https://t.co/CdXk8rNnzD ...

"Tesla is here to stay and keep fighting for the electric car revolution" - Elon Musk https://t.co/biMULTDGeW ...

Financial Performance & Targets - Ferrari targets approximately 5% annual revenue growth until 2030 [1] - The company anticipates €8 billion in free cash flow over five years [4] - Shareholder returns are projected to be around €7 billion, split between dividends and buybacks [4] - Margin expectations are around 43-45%, with a forecast to consistently exceed 40% [6] Strategic Direction & Product Offerings - Ferrari aims to maintain the exclusivity of its supercar models, limiting them to no more than 5% of the total production [8] - The company initially lowered its EV target to 20% of the lineup by 2030, emphasizing customer choice between electric, hybrid, and internal combustion engines [12][13] - Ferrari is reintroducing physical buttons alongside digital interfaces ("Phygital") based on customer feedback [16][17] Market & Regional Focus - Ferrari aims to keep sales in mainland China, Taiwan, and Hong Kong below 10% of its total sales [21] - The company is adjusting its product offerings to better suit the Chinese market, including models with smaller engines to avoid taxes [22]

Saving you money & timeWhole Mars Catalog (@WholeMarsBlog):Over the last year, i’ve saved $2,257 on gas by driving electricBut the best part is never wasting time at the gas station and charging at home instead. I estimate that saved me 16 hours during that timeframe. https://t.co/qNC8q8jlKM ...

When every car is electric, you won’t have to breathe in a bunch of carcinogens every time you park underground ...

Industry Trend - Xiaomi has entered the electric car market, a move Apple couldn't achieve [1] - Xiaomi aims to compete with Tesla in the electric vehicle sector [1]

The mobile phone giant Xiaomi bested Apple in making an electric car. Now it’s setting its sights on Tesla https://t.co/PdvlhcRCQI ...

RT Sawyer Merritt (@SawyerMerritt)NEWS: Italy has approved new subsidies worth almost $700 million for the purchase of EVs. The ministry will offer up to 10,000 euros ($11,650 USD) to individuals and up to 20,000 euros to small firms, covering up to 30% of the total purchase price of a new electric car or commercial vehicle.To qualify, users will be required to scrap an internal combustion vehicle of up to the Euro 5 emission class, dating from 2015 or earlier, the ministry said. ...

Market Trend & Future Expectation - Electric cars upgradable to autonomy are financially sound investments [1] - Internal combustion engine vehicles will depreciate in resale value over time [1] - Traditional vehicles are becoming obsolete compared to electric vehicles [1]

“If somebody makes a better electric car than Tesla, so much better than ours that we can't sell our cars, and we go bankrupt, it's still a good thing for the world.”Elon Muskhttps://t.co/Y6gaN1WyUb ...