Taiwanese electronics giant Foxconn is making a bold move into the electric vehicle (EV) market, according to the New York Times. The company, best known for manufacturing iPhones, is planning to build a 700-acre campus dedicated to EV production in…
Volkswagen’s upcoming ID.2 electric vehicle, a critical addition to the automaker’s EV lineup, has been spotted undergoing tests at Germany’s legendary Nürburgring Nordschleife. Auto Express reports on this significant development for the German manufacturer’s new Golf-sized, but Polo-priced electric car.…
A four-year federal investigation into Tesla’s front suspension failures has concluded, with recommendations for the electric vehicle maker to expand its service bulletin, ARS Technica reports. The issue, dubbed the “whompy wheel” problem by Tesla enthusiasts, has affected hundreds of…
Electric vehicle (EV) giant Tesla saw its stock fall in early trading Wednesday, despite favorable inflation data that could potentially benefit the automotive industry. According to a report from Barron’s, Tesla shares were down 3.3% at $200.88 in early trading,…
Hyundai Motor Group is gearing up for a renewed assault on the lucrative US pickup truck market, according to a report from The Korea Economic Daily. The Korean automaker aims to challenge established players with extended-range electric vehicles (EREVs) as…
Chinese electric vehicle manufacturer Zeekr has unveiled new battery technology that claims to offer the world’s fastest charging speeds, potentially addressing key consumer concerns about EV adoption. This development was reported by CNBC on Tuesday, August 13, 2024. Record-Breaking Charging…
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…
Chinese automaker Li Auto is making waves in the electric vehicle market with its extended-range electric vehicles (EREVs). These innovative cars are addressing range anxiety concerns while offering the benefits of electric driving, according to a recent Bloomberg report. The…
Donald Trump’s recent softening of his stance on electric vehicles (EVs) has raised eyebrows in the industry, but experts remain skeptical about any significant policy changes. According to a recent report from Politico, Trump’s newfound appreciation for EVs seems more…
Electric vehicle (EV) leasing costs in Europe have more than doubled over the past three years, driven by plummeting resale values that are putting pressure on leasing companies. This trend threatens to stall Europe’s electric transition, according to a report…
Rivian, the electric vehicle manufacturer, is rolling out a new software update that brings Apple Music streaming support to its vehicles, as reported by The Verge. This move comes as the company continues to resist offering phone mirroring features like…
Germany’s electric vehicle (EV) market is facing a significant downturn, with July registrations showing no signs of recovery following the abrupt end of government subsidies late last year. According to a report from Bloomberg, the slump in EV sales is…
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