German automaker BMW is well slated to handle an electric future, according to Chief Financial Officer Nicolas Peter in a recent interview. Even with threats of Apple, the world’s most valuable company, and its upcoming autonomous car entering the auto market, Peter says he’s still sleeping at night, reports Bloomberg. When asked about Apple, Peter […]
Xpeng Motors and other China-based electric automakers are keeping up with Tesla and seeing impressive sales numbers, as the electric vehicle (EV) market just begins taking off. As reported by South China Morning Post, sales of Xpeng’s G7 SUV, a direct competitor to the Tesla Model Y, soared by 345% between October and December of […]
Ford announced on Friday it is already recalling its 2021 Mustang Mach-E compact crossover SUV, as part of an issue affecting 1,258 cars in Canada and the United States. The safety recall affects fewer than 75 cars already delivered, says Ford. “During checks to deliver high levels of quality and customer satisfaction, Ford discovered some […]
On Thursday, the Canadian government announced $2.75 billion CAD ($2.17 billion USD) in funding intended to electrify the country’s public transit system and expedite the adoption of all-electric public vehicles over the next five years. Jointly announced by Infrastructure and Communities Minister Catherine McKenna and the Minister of Innovation, Science and Industry Francois-Philippe Champagne, the funding […]
Porsche’s newest electric vehicle (EV) has arrived, and it’s looking great at first glance. On Thursday, Motortrend reported on the new Porsche Taycan Cross Turismo, an electric luxury wagon with a little more space, a taller height off the ground, and a more off-road-looking style than the Porsche’s Taycan sedan. Considered a “more well-rounded version” […]
Last year, Honda promised to be the first to launch a Level 3 autonomous driving vehicle, and in a new update, it has kept its promise. On Thursday, Japanese automaker unveiled the self-driving vehicle, the Honda Legend, as reported by Nikkei. The company is entering the field cautiously, and will only sell 100 copies of […]
While electric cars are a hot topic right now, electric vehicles (EVs) in general could have a much bigger impact on our world’s emissions than just electrifying passenger cars. Vans, trucks, and buses have the largest emissions of all, and according to a new study, going electric with these vehicles in urban areas could even […]
Earlier this week, the Union Bank of Switzerland (UBS) named Tesla the most valuable software company of the future, and in a recent analysis, the firm is now highlighting Volkswagen as the closest competitor with Tesla’s electric vehicles (EVs). On Thursday, Fortune reported that, after tearing down the VW ID.3, the UBS determined that the […]
General Motors (GM) is looking at building a second United States electric vehicle (EV) battery plant, in which it would produce battery cells with LG Chem, according to CNBC. The companies have already started a joint venture Ultium Cells LLC together, with which they’re spending $2.3 billion (USD) on a new battery cell plant in […]
Earlier this year, Fiat Chrysler and Peugeot parent PSA group merged to form Stellantis. According to CNBC, Fiat Chrysler spent nearly 300 million euros ($362 million USD) last year on regulatory credits in Europe, most of which were purchased from Tesla. This was before merging with Peugeot PSA to become Stellantis, though the company’s plans […]
Electric cars, trucks, vans, and buses have become a reality in the United States, but not every region has made it easy. Rivaling electric vehicle (EV) companies Rivian, Tesla, and Lucid, among others like Lordstown Motors, have teamed up in an infant EV market against direct sales laws throughout the US, as reported by TechCrunch. […]
The government of Canada has announced it plans to build 34 new electric vehicle chargers across Metro Vancouver, British Columbia, at six different sites. The announcement from Natural Resources Canada says $119,000 CAD will be spent to install 34 Level 2 EV chargers. Bosa Properties will add to the project to take the total cost […]
Xpeng Motors, an electric vehicle (EV) company considered one of Tesla’s top Chinese competitors, now plans to offer a fast-charging lithium iron phosphate (LFP) in its P7 sedan as soon as May, according to reports from the South China Morning Post. The option will be featured as an alternative to the company’s normal use of […]
Volvo plans to sell only electric vehicles (EVs) by 2030, in an ambitious bid following increasingly-high demand for low-emissions vehicles in the auto market. As reported by Bloomberg, the Chinese-owned Swedish brand plans to unveil a line of new EVs, including the Volvo C40 Recharge announced Tuesday. In the same ambitious bid, the company also […]
Electric vehicle (EV) manufacturers and Tesla rivals NIO reported an excellent fourth-quarter earlier this week, following the unveiling of its ET7 electric sedan earlier this year. On Tuesday, CNBC reported that NIO had been hit by the current shortage in semiconductor chips, which has been affecting others within the EV market in recent weeks. NIO […]
