Selling EVs carrying the Lincoln logo may be expensive, as top dealers may have to shell out $900,000 for the privilege, as reported by Automotive News. This is more than four times what Cadillac is asking. […]
Canoo is in the midst of financial troubles. However, it has obtained another lifeline as it has landed a contract to supply 3,000 electric vans to Zeeba, with the possibility of expanding to 5,450. The […]
Volkswagen is investing 2.4 billion euros in a joint venture with Chinese company Horizon Robotics. The deal will close in the first half of 2023, and will give the German automaker a 60% stake in […]
While Tesla’s decision to eliminate ultrasonic sensors (USS) from its cars is controversial, the move has financial implications. According to a breakdown of the costs involved by Mile Lane of Munro & Associates, the EV maker will […]
When it comes to EV innovation, Tesla often leads the pack. The American company is now being copied by BMW, which plans to launch in-car gaming in 2023. BMW has delivered the last i3, marking […]
GM’s and Tesla’s businesses overlap in the EV domain, but the rivalry is getting deeper. The former is getting into the home and commercial energy storage and management business. The Detroit-based automaker will diversify through […]
Up till now, all Audi cars sold in the US are imported. However, as Automotive News reports, that may change as the German brand is considering building its first manufacturing plant in the country. This will […]
Online retail giant Amazon is making significant strides in zero-emission mobility. The company has announced an investment of over one billion euros in electric vans and trucks to support its European operation. As reported by Reuters, […]
Starlink is expanding again. This time, it has received a license to operate in Jamaica, as reported by The Gleaner. According to the country’s Ministry of Science and Technology, Elon Musk’s SpaceX can turn on satellite […]
Foxconn, the Apple iPhone assembler, is adding EV manufacturing to its capabilities. The Taiwanese company has revealed the Tesla Model Y challenger. The car, the Foxtron Model B, will have a full reveal on October […]
