Ford continues to plough ahead in its plans to revolutionize its existing dealer relationships as it shifts to electric vehicles (EVs). However according to Yahoo News, some dealers are still unhappy and pushing back against […]
Honda has taken the wraps off its new EV concept in a world premiere in China. The new electrical car is the second concept in its e:N series, and is called the e:N2. The unveiling […]
Polestar has announced it received a $1.6 billion loan from two major shareholders. The funding will go towards achieving its growth targets. The two shareholders are the parent company Volvo Cars and PSD Investment. Each […]
Ford has reported its October 2022 sales and once again the Detroit-based automaker has seen a drop in its overall vehicle sales of 10% year-over-year (YoY). That is basically the same result when compared to […]
Zhejiang Geely Holding Group announced on Tuesday that the company plans to start selling EVs in Europe next year under the Zeekr brand. Zeekr was introduced in China back in 2021 as a premium brand […]
Facing rising shipping costs, China’s BYD is reportedly taking matters into their own hands and will be spending nearly $700 million to purchase as many as eight cargo ships to move their vehicles around the […]
XPeng has revealed its latest and most advanced semi-autonomous driving system known as XNGP. The system still requires a driver to sit behind the wheel, but the upcoming release moves the Chinese automaker closer to […]
SpaceX just can’t stop expanding its Starlink business. The company has obtained the license to operate its satellite internet service in Malawi, Africa. The Malawi Communications Regulatory Authority (MACRA) has granted SpaceX approval to operate […]
BMW Group announced this morning it plans to spend up to $1.7 billion on two facilities in the United States. The investments is intended to help BMW build six different electric vehicle (EV) models in […]
If you have been waiting for the all-electric Porsche Macan, the automaker has confirmed the EV will be delayed until 2024. The problem is the software development process that is slowing things down. The confirmation […]
