Drako Motors announces its new electric hypercar in an SUV format. It can accelerate from 0 to 60 mph in 1.9 seconds and also deliver luxury. Back in 2019, the...
Stellantis CEO Carlon Tavares is known to have passed comments on electrification. However, this time he points out that not being able to make cheaper EVs coul...
Tesla's office in San Mateo, California is closed as part of accelerating cost-cutting. The changes are because nearly 200 employees were laid off who were work...
Mercedes is preparing to switch its manufacturing plants to make luxury electric vehicles. As the automaker plans to have reduced carbon emissions per passenger...
LG Energy Solution announced earlier it would keep up with the soaring demand for electric vehicles. The initial plan, three months ago was to construct a $1.4 ...
Last year, Uber announced its partnership with Hertz to enable Uber drivers to rent out Tesla cars. Around 50,000 cars to be made available for drivers in the U...
Volkswagen sold a minority of its stake in Electrify America to Siemens. The deal made the company value increase to $2.45 billion. Jointly both the companies w...
Lucid Motors is opening its stores in major cities, including Seattle and Denver. However, the automaker plans to showcase its vehicle to other customers as wel...
Hyundai and Kia EV sales have quietly climbed up and it is being noticed now. The South Korean car makers rolled out two electric vehicles, Hyundai Ioniq 5 and ...
In a recent interview with CNBC, Mobil CEO Darran Woods talked about the company's climate ambitions. He also stated that every new passenger car sold in the wo...
