Tesla secures electric vehicle subsidies for Model 3s from Chinese government in world's largest car market

Credit: Proactive Investors- Published on December 6, 2019
Tesla Inc (NASDAQ:TSLA) is getting a boost from the government of China for its Chinese-built Model 3 cars.  The electric auto manufacturer said the Chinese government is providing state subsidies to the popular Model 3s, according to a Reuters report published Friday.  The move will help the California-based company break into...

Video credit: Barcroft TV
Published on December 5, 2019 -  04:23
The World’s First Underwater Car
:AN INNOVATIVE car design company has created the only real submarine car in the world. Car designer Frank M. Rinderknecht, aged 64, and his team at Swiss mobility lab Rinspeed have been creating incredible concept cars for more than four decades. Company founder Frank told Barcroft TV: “We’re building exciting concept cars to illustrate the future of mobility”. And there is one car in the Rinspeed collection that is by far the most sought-after vehicle for film and photography. The “sQuba” is the world’s first real submersible car capable of driving seamlessly from land to underwater. The idea originated from the Lotus submarine car nicknamed “Wet Nellie” which James Bond drove in the iconic 1977 film, The Spy Who Loved Me. But as Frank points out: “The idea came from James Bond, but it was fiction, it was Hollywood, it never really happened. So, our claim was to put all that fiction into reality. And we made it happen.” Frank and his team spent nearly 30 years creating a real diving car. In 2008, they revealed the sQuba, an electric powered 2-seat roadster based on the Lotus Elise. The exterior of the car stayed the same, but the interior and all its technology completely changed. The combustion engine was removed and replaced by three electric motors. One provides propulsion on land, the other two drive the screws for underwater motoring. The sQuba is a zero-emission, all electric vehicle. The biggest difference between the fictional “Wet Nellie” and the sQuba is the fact that 007 kept his hair dry, but the sQuba is a convertible. As the vehicle dives in the open, it has compressed air tanks for people to breathe through, and interior material that dries off quickly. While a submersible convertible might not sound like the best idea, there is a good reason behind the design. Frank told Barcroft TV: “In the original James Bond movie the car was closed, yet this is extremely difficult, because it would add a lot more weight to the vehicle and add unsafety. So we decided to dive in the open.” According to Rinspeed’s findings, a closed car would have been two tons heavier, making it too heavy for normal driving. But the sQuba is capable of stabilized floating at a dept of 10 metres (33 ft). Frank says; “The favorite feature of the sQuba is the diving, it’s the experience of floating underwater within the vehicle. Once you’ve done that it’s really out of this world.”

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