In a stunning reversal of fortune, Germany‘s automotive powerhouses are finding themselves outpaced and outmaneuvered in the world’s largest car market. A recent Bloomberg report paints a sobering picture of how Volkswagen, BMW, and Mercedes-Benz are desperately scrambling to catch…
Lamborghini‘s Cautious Approach to Electrification Five years ago, Lamborghini made a bold decision to hybridize its entire lineup, but it didn’t jump headfirst into full electrification like many expected. Instead, it placed its bets on hybrid technology, while competitors rushed…
Caterham’s pushing forward with its electric sports car plans, tapping Yamaha for some serious EV know-how. The Collaboration The British sports car maker announced it’s partnering with Yamaha to develop its Project V electric sports car. Yamaha’s not just providing…
Battery-electric vehicles (BEVs) are maintaining their foothold in the US auto market, defying a broader slowdown in new vehicle sales. According to estimates from S&P Global Mobility, BEVs claimed 8% of new vehicle sales in June and July, with September…
Mercedes-Benz, the German luxury automaker, has seen a significant drop in its share price following a profit warning issued on September 20, 2024. The company cited weakening demand in China as the primary reason for the downgrade, which has had…
Mercedes-Benz is pulling out of China‘s electric vehicle market, selling its remaining stake in premium EV maker Denza. This move comes as luxury spending in the world’s largest auto market takes a hit, according to a recent report from The…
Tesla‘s once-rapid Supercharger network expansion has hit a snag following recent workforce reductions, according to a detailed report from The Wall Street Journal. This slowdown comes at a crucial time for the electric vehicle pioneer as it faces increasing competition…
Ford CEO’s China Trip Sparks Major EV Strategy Shift Jim Farley, Ford‘s chief exec, is sounding the alarm after a recent China visit left him shaken by the country‘s EV prowess. The Wall Street Journal reports that this wake-up call…
The electric vehicle landscape is evolving rapidly, and Porsche‘s latest entry is making waves. Sawyer Merritt recently broke the news about the Porsche Macan EV receiving its official EPA range rating, and the numbers are turning heads in the automotive…
Volkswagen‘s recent $5 billion partnership with US electric vehicle start-up Rivian has caused quite a stir among the staff at Cariad, VW’s software division. The deal, aimed at developing software for both companies’ cars, comes after a series of setbacks…
Volkswagen is grappling with a tough decision that could see some of its factories in Germany shut down for the first time in its 87-year history. The automaker, known for its iconic brand, is struggling to meet cost-cutting goals and…
Volvo has revised its ambitious plan to sell only pure electric vehicles (EVs) by 2030, now aiming for 90-100% of its global sales to be electrified cars, including both fully electric and plug-in hybrid vehicles. This adjustment comes amidst slower…
Florida, boasting the second-highest number of electric vehicle (EV) drivers in the United States, is facing a critical shortage of fast-charging stations. This issue is becoming increasingly pressing as the state grapples with political considerations that may be hindering the…
Porsche, the renowned German automaker, has taken a firm stance against incorporating simulated gear changes in their electric vehicles (EVs). This decision comes amidst a growing trend in the EV industry to mimic traditional combustion engine experiences. According to a…
Ford Motor Company has officially canceled its highly anticipated three-row electric SUV, dubbed the “personal bullet train,” in a significant pivot away from its aggressive electric vehicle (EV) strategy. This decision, reported by Reuters, marks a major shift in the…
Lucid Motors is gearing up to launch its highly anticipated Gravity SUV, bringing a fresh perspective to the electric vehicle market. According to The Verge, the automaker is on track for its first customer deliveries later in 2024 A Frunk…
Luxury automaker Porsche is making a bold move into the electric vehicle (EV) battery space, injecting fresh capital into struggling German battery manufacturer Varta. This strategic investment, reported by EuroNews, aims to secure high-performance batteries for Porsche’s growing lineup of…
Acura, Honda‘s luxury brand, is gearing up to electrify its performance lineup with a new battery-powered sports car. This exciting development, reported by MotorAuthority, signals a major shift in the company’s approach to high-performance vehicles. A New Era for Acura…
Porsche CEO Discusses Electric Macan and Shifting EV Goals Porsche Cars North America (PCNA) is navigating a crucial period in its electrification journey, as revealed in a recent interview with CEO Timo Resch at Monterey Car Week. TechCrunch reports that…
The controversial Tesla Cybertruck has defied expectations to become the top-selling luxury vehicle in the United States, according to CarScoops. Despite its polarizing design, the electric pickup truck has managed to outpace traditional luxury brands and even other high-end electric…
Cadillac is making waves in the luxury electric vehicle market with its latest concept, the Opulent Velocity. Unveiled at The Quail during Monterey Car Week, this all-electric hypercar represents Cadillac‘s bold vision for its high-performance V-Series lineup in the EV…
The world of electric hypercars has just been jolted by Rimac‘s latest creation, the Nevera R. This high-performance variant of the standard all-electric Nevera is pushing the boundaries of what’s possible in EV technology. According to information shared by Sawyer…
According to a recent investigation by WIRED, some electric vehicles are experiencing severe depreciation, losing up to $600 per day in value. This trend presents both challenges and opportunities in the evolving EV market. Steep Drops in EV Value Some…
Porsche SE, the investment vehicle controlled by the Porsche-Piëch family, is eyeing new opportunities in the automotive sector, particularly in electric vehicle (EV) technology, as market valuations decline. This news comes from a recent Financial Times report. Seeking EV Opportunities…
Volkswagen Group is revising its electric vehicle roadmap, pushing back the launch of its highly anticipated Trinity EV while potentially fast-tracking an all-electric Golf, according to a report from Handelsblatt newspaper. Trinity’s Delayed Arrival The Trinity, initially positioned as VW’s…
Xiaomi, the Chinese smartphone giant, is making waves in the electric vehicle (EV) market, showcasing its first electric car, the SU7, during the Paris Olympic Games. As reported by Bloomberg, this bold move marks a significant step in the company’s…
Taycan Outruns Rivals with Record Lap Porsche has made a groundbreaking achievement at the Nürburgring with its pre-series Taycan, driven by Lars Kern, who set a remarkable lap time of 7:07.55 minutes. “I pushed as hard as I could, but…
Porsche announced today that the all-electric Porsche Taycan has been selected by the ABB FIA Formula E World Championship as the next season’s Formula E safety car. The all-electric Porsche Taycan will make its debut at the opening lap of…
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