Porsche’s IPO may be significantly discounted
Porsche has long announced it will get listed on the stock exchange. However, a case of bad timing could mean the car brand may have to reduce its valuation target to pull through. The company […]
General Motors is providing the US Army with a Hummer EV for demo and testing
General Motors’ defense division was chosen by the US Army to deliver a Hummer EV for use as a demo. The US Army is looking to test and analyze the vehicle for its use as […]
Cadillac finally reveals the upcoming flagship Celestiq EV
Cadillac has been teasing the public with part-images of its upcoming luxury Celestiq electric sedan, but the company has now revealed full pictures of the EV. The new flagship EV is seen in all its […]
Behchoko Northwest Territories charger announced, and the price tag is high
The Northwest Territories Government announced the first EV charger in Behchoko. The government is installing a single super-fast level three charger in the community at the cost of $624,000. As per Cory Strang, the Northwest […]
Porsche believes it can make more money selling EVs
Porsche is telling investors that it can be more profitable selling EVs ahead of its potential listing. This is at least according to Chief Financial Officer Lutz Meschke. During this week’s Porsche Capital Days, Meschke […]
Volkswagen CEO Herbert Diess steps down
In a complete surprise, Volkswagen’s Chief Executive Officer Herbert Diess announced that he is leaving the company on September 1. Oliver Blume, CEO of Porsche, will take over the VW CEO role. Blume had long […]
Giga Berlin Paint Shop produces first Model Ys in Mercury Silver Metallic and Deep Crimson Multicoat
According to CEO Elon Musk, Giga Berlin will have the world’s most advanced Paint Shop, able to produce “more layers of stunning colours that subtly change with curvature.” Thanks to some source code discovered in […]
Another lawsuit was filed over Ford Mustang Mach-E battery defect
Back in June, Ford recalled the Ford Mustang Mach-E over issues with the battery contractors on the vehicle. In specific circumstances, the Mustang Mach-E would become immobile and essentially bricked. In response, a group of […]
BYD to enter Japanese auto market with three EVs
BYD is an ambitious EV maker based in China, and has this week unveiled its plans to penetrate the Japanese market. Japanese buyers will soon be able to buy the Atto 3, Dolphin, and Seal. […]
Tesla completes Giga Berlin plant upgrades on schedule, begins trial production of Model Y with locally made single-piece front castings, single motor RWD and white interiors
Tesla shutdown Giga Berlin on July 11 to complete upgrades to the factory’s production lines, meant to reduce the amount of time a vehicle is required to be stopped at each station along the line […]
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