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The Car Allowance Rebate System (CARS), colloquially known as " cash for clunkers ", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel-efficient vehicle when trading in a less fuel-efficient vehicle. The program was promoted as a post-recession stimulus program ...
Smart Automobile Co., Ltd. Smart (stylized in lowercase) is a German automotive marque established in 1994. Smart Automobile Co., Ltd. is a joint venture established by Mercedes-Benz AG and Zhejiang Geely Holding Group in 2019 and aimed at producing Smart-badged cars in China to be marketed globally. The venture is headquartered in Ningbo.
Waymo raised $2.5 billion in another funding round in June 2021, [72] [73] with total funding of $5.5 billion. [18] Waymo launched a consumer testing program in San Francisco in August 2021. [ 74 ] [ 75 ] Geely Holding said it would partner with Waymo to make electric vehicles from its premium electric mobility brand, Zeekr, to be deployed as ...
Tesla, Inc. (/ ˈ t ɛ s l ə / TESS-lə or / ˈ t ɛ z l ə / TEZ-lə [a]) is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.
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As of 2024, motorists in Florida have one of the highest rates of car insurance in the U.S. [290] [291] 24% are uninsured. [292] Drivers between 15 and 19 years of age averaged 364 car crashes a year per ten thousand licensed Florida drivers in 2010. Drivers 70 and older averaged 95 per 10,000 during the same time frame.