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Elon Musk teases that Canada could be home to the next Tesla factory
At Tesla’s annual shareholder meeting, Elon Musk brought up that Tesla may announce a new factory location this year. During the in-person meeting, Musk teased the crowd by asking where the next Gigafactory should be. […]

BYD to expand into Germany and Sweden in October 2022
Chinese automaker BYD announced that the company plans to sell EVs in Sweden and Germany starting in October 2022. Currently, BYD sells its Tang electric SUV in Norway, and many expect BYD will also offer […]

BMW first NEUE KLASSE EVs will be a compact sedan and sporty SUV
In the first significant update about the upcoming BMW “NEUE KLASSE”, BMW confirmed it would launch a compact sedan and sport SUV to start. On BMW‘s Q2 2022 call, BMW CEO Oliver Zipse said: Our […]

VW starts North American production of MY23 ID. 4 electric SUV
Volkswagen announced this morning that the company is starting production of the MY23 ID.4 electric SUV at its Chattanooga, Tennessee facility. The company plans to ramp up production to 7,000 cars per month to speed […]

Toyota’s profit slides; reports supply chain issues and rising costs
Toyota, which reported a record profit for the year ended March 2022, has seen its fortunes reversed in the last quarter, which saw it grappling with supply chain issues and rising operating costs. The Asian […]
IONIQ 5 EV production may be disrupted by Infineon chip flaws
Hyundai Ioniq 5, the winner of the World Car of the Year, will witness production hiccups thanks to a problem with chips made by Infineon. As reported by KED Global, industry sources in South Korea said the […]