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Volkswagen To Subsidise Tesla’s China Operation By Purchasing Green Credits A new report coming out of China states Volkswagen and its state-owned Chinese partner FAW have agreed to purchase green credits from Tesla. Advertisement According to a report by Reuters citing unnamed sources in China, Volkswagen has signed a deal with Tesla to purchase green credits from the EV maker. According to the deal, Volkswagen and its Chinese partner, state-owned automaker FAW, will pay Tesla 3000 yuan ($450) per green credit. The total amount for the deal is not yet known however, given Tesla’s similar...

Apple And Tesla To Work Together On First Joint Project Apple, the world's largest tech company, and Tesla, the world's biggest EV maker are going to be working together on a battery project that will be one of the largest in the US. Advertisement Today Apple announced the company will be helping to transition all its suppliers to be carbon neutral by 2030. And the company also announced 110 of its suppliers will be moving their entire energy consumption to build Apple products to clean energy. Apple says in order to meet this goal 8 gigawatts of clean energy production need to come online. ...