Toyota has unveiled an LFA concept car that’s fully electric — a surprising twist for the long-awaited successor to its legendary Lexus supercar https://t.co/c3VeKKsOY4 ...

Industry Development - Morocco's Neo Motors plans to launch the kingdom's first domestically produced electric car next year [1] Pricing & Affordability - The electric car will be priced at approximately 100,000 dirhams, equivalent to $10,740 [1]

Company Vision - Tesla is committed to the electric car revolution [1] - Elon Musk believes Tesla is here to stay and continue its efforts [1]

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 ...

Environmental Impact - Electric vehicles eliminate carcinogen exposure in enclosed spaces like underground parking areas [1]

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]

Industry Focus - The mobile phone industry highlights Xiaomi surpassing Apple in electric car manufacturing [1] - The electric vehicle (EV) industry notes Xiaomi's ambition to compete with Tesla [1] Company Strategy - Xiaomi is shifting its focus towards the electric vehicle market [1] - Xiaomi aims to challenge Tesla in the EV sector [1]

Government Subsidies - Italy approves new EV subsidies worth almost $700 million [1] - Subsidies offer up to €10,000 (approximately $11,650) to individuals and up to €20,000 to small firms [1] - Subsidies cover up to 30% of the total purchase price of a new electric car or commercial vehicle [1] Eligibility Requirements - Users must scrap an internal combustion vehicle of up to the Euro 5 emission class (dating from 2015 or earlier) to qualify [1]

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]