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Archive for November 2017

British Government to invest $700 million AUD into the UK’s electric car charging infrastructure

The British Government is set to invest £400 million ($700 million AUD) into the UK’s electric car charging infrastructure in a bid to fast track the sales of Electric Vehicles. Chancellor of the exchequer Philip Hammond announced the massive investment in charging in his Autumn Budget 2017 speech. UK Treasurer Richard Hammond He said: “Our…

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Porsche are set to thrive in the electric vehicle era according to their CFO

Luxury car manufacturer Porsche are confident they will overcome the “enormous burden” of electrifying their car range and will set the standard in e-mobility. In a recent interview with Auto News Europe Lutz Mescke, Porsches Chief Financial Officer, remains confident that they will continue to have a 15 percent operating margin profitability. This is despite…

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