fbpx
Connect with us

Hi, what are you looking for?

Evolution Magazine

Business

European startups challenging Elon musk’s empire!

At $390bn, Tesla isn’t really a company to take lightly. However new European technology is seemingly becoming a threat to the empire and is emerging as rivals.

To start off with batteries, the Gigafactory, where all of Tesla’s batteries are made currently have 3 running factories with a fourth one expected to open soon in Berlin. A competitor known as Northvolt has the opportunity to catch up soon to the US-China lead. With over $1bn raised from investors led by Volkswagen and Goldman Sachs. Not to mention that the company was founded by an ex-Tesla employee.

Moving on to the real thing, the car itself. Croatia’s Rimac may be able to just pip Tesla’s record with claims that its Hypercard can accelerate from 0 to 60mph in 1.85s. with a top speed of 258mph. Tesla does have considerable competition now, let’s see what’s more to come!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You May Also Like

Science

The Neuralink brain chip is expected to be developed within a few years

Tech

Fastest internet speed set by Japanese Engineers.

Data Science

As part of Pakistan’s strategy to use drone technology to plant millions of trees and strengthen the ‘Clean Green Pakistan Movement,’ the Ministry of...

Science

Immortality might not be such an inconceivable concept anymore! University of California San Francisco provided a study where the cognitive ability of mice was...

Copyright © 2021 Powered by Emporia Digital Solutions (Pvt) Ltd.