Tesla CEO Elon Musk says the company is working on new battery technology that will enable it within the next three years to make sleeker, more affordable cars that can travel dramatically longer distances on a single charge.
The locally produced automobile will be the culmination of a set of policies that aim to take the Turkish economy to the next level.
Governments around the world believe the policies of banning fossil usage are necessary to improve air quality and reduce the risk to the environment.
Volkswagen proposed spending $120 million on more than 400 highways and community EV charging stations by 2019 to atone for secretly installing software in diesel vehicles that allowed them to emit excess pollution.
A new research report shows that electric vehicles could account for two-thirds of all cars on the road by 2030 in wealthy cities such as London and Singapore due to stricter emissions regulation.
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