Tesla has published their Q1 2023 financial results this afternoon, and after cutting prices across their lineup several times this year, was still able to maintain their strong automotive gross margins. Earnings per Share Tesla […]
Polestar unveiled its latest electric performance SUV coupe, the Polestar 4, at the Shanghai Auto Show. The Polestar 4 is the Swedish automaker’s second SUV, and it is also their “fastest Polestar production car to […]
NIO says it will keep its prices at a premium level instead of engaging in a price war with its competitors, according to CEO William Li in a recent interview with CNBC. Li emphasized that […]
Volkswagen has announced the launch of its new flagship electric sedan, the ID.7, that is scheduled to arrive in North America next year. The company hopes this model will play a significant role in achieving […]
XPeng has unveiled a new platform architecture called the Smart Electric Platform Architecture (SEPA) 2.0. The new platform is expected to reduce the cost of development and manufacturing while shortening the R&D cycle for future […]
British Columbia became the first jurisdiction in the world to legislate a 100% zero-emission vehicles (ZEV) sales requirement, passing the ZEV Act on May 30, 2019. That legislation required automakers to meet ZEV sales targets […]
Ford has launched its BlueCruise hands-free driving technology in the United Kingdom (UK). The driver-assistance technology has received full approval from the Department of Transport and can be used on 3,700km (2,300 miles) of pre-mapped […]
Volkswagen’s ID.7 has leaked ahead of its April 17 World Premier in China. China Auto News Daily got its hands on the Chinese Ministry of Information and Technology’s (MIIT) monthly list of cars approved by […]
Tesla will soon be releasing a new and improved version of its popular home energy storage system, Powerwall. The third version of Powerwall, referred to as Powerwall 3, will be cheaper for Tesla to produce […]
Hyundai Motor Group is committing to investing 24 trillion won (CAD $24.4 billion) by 2030 in ramping up electric vehicle (EV) production, amid growing pressure on the automotive industry to shift towards EVs. The investment […]
