Bentley Motors is planning to spend $3.4 billion to go fully electric by 2030. The luxury automaker plans to spend the investment in research and development. In addition, Bentley will retool and significantly update their […]
Nissan announced on Monday plans to spend $18 billion over the next five years to electrify its lineup of vehicles. The plan is part of a broader “Nissan Ambition 2030” long-term vision which aims for […]
Stellantis, the fourth biggest automaker in the world, has announced plans to spend more than $35 billion to electrify its lineup of vehicles. At a special ‘EV Day 2021’ event on Thursday, the company said […]
General Motors (GM) announced today it will be increasing its investments in electric and autonomous vehicles, planning to spend $35 billion by the year 2025. The announcement is a 75% increase on the $20 billion […]
Italian supercar maker Lamborghini announced plans to spend $1.8 billion to electrify their lineup and launch their first fully electric vehicle by the year 2030. The plans were revealed by CEO Stephan Winkelmann on Tuesday, […]
Better known for making smartphones, China’s Xiaomi has confirmed it plans to expand into the world of electric vehicles (EVs). The billionaire co-founder of Xiaomi, Lei Jun, will lead the new EV division and plans […]
Vancouver-based electric motorbike maker Damon Motors Inc. is riding high this week after securing $30 million in funding. Led by Benevolent Capital, SOL Global Investments, Zirmania, and others, the fresh infusion of capital will help […]
As part of its commitment to only offer electric vehicles (EVs) in Europe by 2030, Ford has announced plans to spend $1 billion to upgrade it’s manufacturing facility in Cologne, Germany. Ford made the announcement […]
Rivian had plans to launch its first electric vehicles, the R1T pickup truck and R1S SUV, later this year. But like many automakers, those plans were delayed due to the ongoing coronavirus pandemic. But in […]
A court ruling that restored Elon Musk’s Tesla pay package has pushed his net worth to historic levels, with implications that extend well beyond personal wealth. Elon Musk has officially become the first person ever […]
