The Germans and British may be working together to develop EV supercars jointly. According to the UK publication Car Magazine, McLaren and BMW are considering joining forces to develop an all-electric supercar and crossover. Each […]
The Isle of Wight Council apologized to the public as three of their EV chargers were recently hacked. The three charge points showed a porn website on the charger screen rather than the network’s website. […]
Foxconn, the world’s largest electronics contract manufacturer, hopes to capture 5 per cent of the global EV market by the end of 2025. The company is rapidly expanding their EV footprint and wants to produce […]
According to sources, Lordstown Motors Corp is running low on cash and is nearing an agreement to sell their Ohio factory to Foxconn. Lordstown bought the plant in late 2019 from General Motors, but the […]
It was a big week for Lucid, and their CEO Peter Rowlings. Lucid motors began trading on Wall Street after its SPAC merger with Churchill Capital, and the companies stock (LCID) jumped to over $26. […]
iPhone maker Foxconn has signed a memorandum of understanding (MoU) with Thailand’s state-run energy group PTT Pcl to make electric vehicles (EVs) and EV components in the country. The partnership will see the pair collaborate […]
In an attempt to help fund its future in electric vehicles (EVs), Volkswagen Group is reportedly considering an initial public offering (IPO) of Porsche. Citing confidential sources at VW, Manager Magazin reported the deal could […]
As Lucid Motors nears the release of its first luxury electric vehicles (EVs), its is reportedly close to going public through a merger with a special purpose acquisitions company (SPAC). Last month we reported that […]
Faraday Future announced plans to go public through a reverse merger with a Special-purpose acquisition company (SPAC), becoming yet another electric vehicle (EV) company to do so in the last year. The deal would see […]
Continuing a popular trend from 2020, Lucid Motors is considering going public through a merger with a special purpose acquisitions company (SPAC). The potential deal would see Lucid team up with one of Michael Klein’s […]
