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 […]
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, 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’ 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 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 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 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. […]
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 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, […]
General Motors has officially unveiled the 2024 Chevy Blazer EV, a sporty all-electric crossover set to take on the Tesla Model Y. The Blazer EV will be available in a number of different trim options […]
