Daily Archives: August 30, 2014

Tesla shares hit record $270 high after China Unicom deal

Tesla Headquarters - Tesla shares hit record high after China Unicom deal

By Tomi Kilgore

Shares of Tesla Motors shot up to an all-time high early Friday, as investors cheered news that the electric car maker reached an agreement with China Unicom CHU, to have charging stations at the carrier’s stores in more than 100 cities in China.

Audi recalling 70,000 cars for potential brake problem

2012 Audi A4 - Audi recalling 70,000 cars for potential brake problem

Audi will recall 70,000 cars worldwide because of a potential fault with the brake booster.

court reverses Saab carmaker,NEVS, granted creditor protection

China’s National Electric Vehicle Sweden (NEVS), which bought bankrupt carmaker Saab in 2012, won protection from creditors from a Swedish court on Friday while it concludes funding talks.

Aston Martin releases first Lagonda pictures

Aston Martin’s 2015 Lagonda saloon

Following lost month’s teaser images, Aston Martin in partnership with Oman Air has released first images of the pre-production Lagonda saloon, that will continue summer heat testing in Oman.

Tesla, China Unicom plan 400 charging stations

Tesla, China Unicom plan 400 charging stations

By JOE McDONALD

Tesla Motors Co. and a state-owned Chinese phone carrier, China Unicom, announced plans Friday to build 400 charging stations for electric cars in a new bid to promote popular adoption of the technology in China.