Foxconn is in the middle of diversifying its business. The Taiwanese company has formed a consortium, MIH, to make electric vehicles and sell them in Asia. The first car from MIH is a battery-powered three-seater, […]
Lordstown Motors Corp has agreed in principle to sell a substantial stake in the company to Foxconn. As per Bloomberg, the agreement will see Foxconn invest as much as $170 million through a purchase of […]
Lucid Group has posted their Q3 2022 financial results and while the fledgling automaker was able to increase both production and deliveries, it is still losing cash hand over fist while it continues to ramp […]
The US is overhauling its EV tax credit scheme, which will see the incentive increase and brands requalify under the Inflation Reduction Act (IRA). However, Japan is petitioning for special consideration so that EVs made […]
Porsche is selling the Taycan electric car faster than it can make them, but the German automaker has hit a signification milestone and has now produced the 100,000th unit of the vehicle. While the number […]
Audi will support its Chinese EV business by setting up a charging network in the country. The fast public chargers will be exclusive to Audi owners, according to the company’s press release. Audi may set up […]
In the midst of overhauling an entire social media platform, Elon Musk is also heading to Delaware’s Court of Chancery next week. A 2019 lawsuit is finally seeing its day in court over Musk’s 2018 […]
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 […]
Lucid is bringing two of its Lucid Air sedans to Quebec next weekend for a special two-day test drive event in Trois-Rivières. The event will take place on November 17 and 18, 2022 at Station […]
Since launching earlier this year Amazon’s fleet of Rivian electric delivery vans (EDV) has grown to over 1,000. Amazon says this holiday season the EDVs will be helping to deliver packages in over 100 cities […]
