LONDON/PARIS/FRANKFURT (Reuters) – French carmakers PSA ( ) and Renault ( ) are turning their U.S. absence into an Iranian benefit by piling right into a resurgent market nonetheless off-limits to overseas rivals afraid of sanctions beneath Donald Trump’s administration.
The tipping point” when the price of battery electrical vehicles will attain parity with combustion engined equivalents will come when batteries reach a price of $one hundred per kilowatt hour. This will occur between 2020 and 2030, Barclays analysts say. Before September 2011, solely vehicles that have been in Cuba earlier than the 1959 revolution may very well be freely bought and offered, which is why there are such a lot of 1950s or older cars, most of them American-made, rumbling through Cuban streets. The Tata Nexon subcompact SUV is gearing up to venture into the extremely aggressive sub-4 meter SUV segment. Showcased on the 13th Auto Expo in February, …
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