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BMW's Upcoming Electric M3 Signals Performance Evolution While Maintaining Combustion Options
BMW

BMW’s Upcoming Electric M3 Signals Performance Evolution While Maintaining Combustion Options

BMW has officially unveiled its first glimpse of the all-electric M3, marking a pivotal moment in the evolution of its performance lineup. The electric variant will be built on BMW’s next-generation 3-series platform, incorporating the company’s Neue Klasse design language while maintaining the M division’s distinctive performance characteristics, reports Can and Driver. The electric M3’s…

Lucid Gravity Achieves 450-Mile EPA Range, Exceeding Initial Estimates
Lucid

Lucid Gravity Achieves 450-Mile EPA Range, Exceeding Initial Estimates

Lucid Motors has reportedly secured an EPA-certified range of 450 miles for its new Gravity SUV, surpassing the company’s preliminary estimate of 440 miles, as mentioned before by the EV maker’s CEO, Peter Rawlinson. This achievement comes as Lucid begins production of the three-row luxury electric SUV at its Casa Grande, Arizona manufacturing facility. The…

Rivian

VW and Rivian Strike $5.8B Deal to Accelerate EV Software Development

Volkswagen and Rivian have announced a groundbreaking $5.8 billion joint venture focused on developing advanced electric vehicle technology and software platforms, according to a report from Deutsche Welle. Strategic Partnership Aims for 2027 Launch The collaboration, unveiled in Palo Alto, California, will leverage Rivian’s expertise in software and EV technology across VW’s brand portfolio. VW…

Rivian Surges Ahead, Defying EV Market Concerns
Rivian

VW Doubles Down on Rivian Partnership with $5.8B Software Joint Venture

Breaking New Ground in EV Tech Collaboration In a major strategic move that’s reshaping the EV landscape, Volkswagen and Rivian have announced an ambitious joint venture focused on developing advanced software and electronics for electric vehicles. The partnership, which significantly expands on their June agreement, involves a $5.8 billion investment from Volkswagen for a 50%…

Saudi EV Maker Ceer Partners with Rimac for High-Performance Electric Powertrains
Rimac

Saudi EV Maker Ceer Partners with Rimac for High-Performance Electric Powertrains

Saudi Arabia’s first electric vehicle manufacturer Ceer is taking a major step forward in its EV development through a new partnership with Rimac Technology to supply advanced Electric Drive Systems (EDS) for its upcoming flagship vehicles. Strategic Partnership Details The agreement, signed on October 17th at Rimac’s headquarters in Croatia, marks Rimac’s first venture into…

Tesla's Bold Proposition: Pushing for Greener Standards - Earnings Soar, Margins Dive in Tesla's Q2 Rollercoaster - Tesla Connector Supercharges Electrify America
California

Tesla Backs California’s Low-Carbon Fuel Policy Despite Trump’s Opposition

In a surprising move highlighting the complex interplay between business and politics, Tesla has joined forces with other major EV manufacturers to support California’s low-carbon fuel standard, according to Politico. Auto Industry Shows United Front Tesla, along with Hyundai, GM, Audi, and Rivian, sent a joint letter to California lawmakers on October 24, strongly endorsing…

Tesla Expert Sanjay Lal Joins Volkswagen’s EV Software Drive, Volkswagen Races Ahead in EV Charger Installation
Volkswagen

Volkswagen Group Sees Mixed Results in Q3 2024 EV Deliveries

Volkswagen Group reported a complex picture for its electric vehicle (EV) sales in the third quarter of 2024, according to a recent press release. While overall deliveries declined, there were bright spots in certain markets and segments. Global EV Deliveries Down, But Order Intake Surges The automaker delivered 506,500 battery electric vehicles (BEVs) worldwide in…

Mercedes-Benz EV Sales Slump 42% in Q3, Bucking Overall Growth Trend
Mercedes-Benz

Mercedes-Benz EV Sales Slump 42% in Q3, Bucking Overall Growth Trend

Mercedes-Benz is facing a tough road with its electric vehicle lineup, according to recently reported Q3 sales figures. The luxury automaker saw EV sales plummet 42% compared to the same quarter last year, even as overall sales climbed. EV Sales Nosedive The numbers don’t lie – Mercedes’ trio of EVs took a beating: All told,…

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