Honda shows the Prologue EV in video
The Honda Prologue EV is coming in 2024, but the carmaker has revealed what it looks like in a video. Apart from the Prologue, Honda has teamed with Sony to sell EVs from 2025. Honda may […]
Ford reports $667 million profit on $40.2 billion revenue in Q2 2022
Ford has reported its performance for the second quarter of 2022. The company generated $667 million on top of $40.2 billion in revenue. The profit was 19 percent better year-on-year, and it comes after Ford […]
US Department of Energy to loan $2.5 billion to Ultium Cells
The United States Department of Energy announced that it intends to loan $2.5 billion to Ultium Cells. Ultium Cells is a joint-venture company between LG Energy Solutions and General Motors. The loan is to help […]
Redwood Materials plans $3.5 billion Nevada plant
Redwood Materials, a company founded by Tesla co-founder, is making a big bet on EV batteries. The company plans to set up a $3.5 billion factory in northwest Nevada, where it will produce battery materials, […]
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 […]
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 […]
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. […]
Porsche edges out Tesla to take top spot in J.D. Power 2022 APEAL study
After two consecutive years at the top of the rankings, Porsche has edged out Tesla in the J.D. Power 2022 APEAL study. Porsche scored a total of 888 points (out of 1,000), while Tesla was […]
Porsche CEO confirms plans to introduce new “sporty” electric SUV
Porsche CEO Oliver Blume has confirmed his company plans to introduce a high-end electric SUV to their lineup of vehicles. The German automaker already has plans to introduce an electric version of their Macan SUV, […]
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