Latest News

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 […]