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FILE PHOTO: E-scooters are lined up during a presentation at the DESY...

Naspers-backed Dott to launch e-bikes after new fundraising

European startup Dott has secured 30 million euros ($34 million) in a fundraising led by existing investors EQT and South Africa's Naspers to launch an electric bike hiring business and roll out new generations of its electric scooters.

FILE PHOTO: The logo of Tesla is seen in Taipei

Tesla shares jump as record deliveries ease demand concerns

Tesla Inc shares opened nearly 7% higher on Wednesday after Chief Executive Officer Elon Musk made good on his promise of delivering record number of electric cars in the second quarter, quelling fears about demand for its sedans and SUVs.

A 2018 Tesla Model 3 electric vehicle is shown in Cardiff, California,

Electric cars grab almost half of sales in oil-producing Norway

Almost half of new cars sold in Norway in the first six months of 2019 were powered by fully electric engines, up from just over a quarter in the same period last year, ensuring the Nordic nation retains its top global ranking in electric vehicle sales.

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