Nio reported its second quarter financial results on Wednesday, and the Chinese electric vehicle (EV) maker saw its losses grow year-over-year, despite the fact they delivered more EVs compared to the same time period last […]
Less than one week after an executive Toyota North America said there was not enough demand for electric vehicles (EVs) for the U.S. to meet its goal of having 50% EV sales by 2030, the […]
A new filing with the Securities and Exchange Commission (SEC) shows the Lucid Group is seeking to raise up to $8 billion in capital over the next few years. Lucid announced on Monday it had […]
Honda announced on Monday plans to build an electric vehicle (EV) battery plant in the US with LG Energy Solutions. The two companies will spend up to $4.4 billion on the new plant, which is […]
Stellantis, the giant auto company, may invest billions of dollars in EV manufacturing facilities in Mexico. The company may renovate a plant where it will produce hybrid and purely electric vehicles, as reported by Teslarati. The […]
Tesla has come a long way from the scrappy startup many people doubted would survive. It has announced the production of its 3 millionth car. The American company was created in 2004 but started production […]
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 […]
General Motors has sold its first-ever green bonds to fund the continued electrification of its line-up. According to sources familiar with the matter, the automaker priced $2.25 billion of green bonds in two parts. The […]
The fifth generation of the Audi A3 could be launched as an electric-only model when it comes out in 2027. As per The Driven, unnamed sources at Audi revealed that it is expected that Audi […]
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 […]
