Tag: electric cars
While other carmakers are forced to invest billions to overhaul their internal combustion engine operations to produce battery-powered cars, investors are confident that Tesla can make the shift from a niche carmaker into a global leader in cleaner cars.
Some analysts have said that failing to reach that goal could send Tesla shares plummeting after they surged more than 275% so far this year.
The launch of a smartphone manufacturing plant, introduction of electric cars, a logistics facility and an upgrade of the country's credit rating were some of the defining moments in Rwanda's economy this year. Economic Analyst, Ted Kaberuka joins CNBC Africa for more.
The first ever electric cars have hit Rwanda’s roads as German carmaker Volkswagen launched its pilot electric mobility project in Africa. This according to officials demonstrates the country’s commitment to adopt and drive technological advances. CNBC Africa’s Steven Muvunyi reports.