Kia shared its sustainability roadmap on Wednesday at the 2022 CEO Investor Day virtual event, including plans to release several new battery-electric vehicles (BEVs) and a new autonomous driving mode in the years to come. Kia plans to unveil 14 BEV models by 2027, and it will deploy its autonomous driving mode “AutoMode” in 2023 […]
Apple may still be considering suppliers Foxconn and Luxshare Precision as candidates to build its upcoming car, with each of the companies independently making their way into the EV sector, according to sources with insider information (via DigiTimes). The sources reported that even if Apple’s car project doesn’t utilize the two companies to start off, […]
On Thursday, Rivian CEO RJ Scaringe released a press release in which the company apologises for the recent increase in their vehicles, and vows to honour preorder prices. “Earlier this week, we announced pricing increases that broke the trust we have worked to build with you,” the letter opens addressing the negative reaction online from […]
South Korean automaker Hyundai will use their “N” badge —reserved for the performance variants of their mainstream models— on their novel EV lineup. Spy pictures from InsideEVs confirm the development of the upcoming Hyundai Ioniq 5 N, first announced last year by Albert Biermann, recently retired head of Hyundai research and development. Sporting a […]
Electric vehicles (EVs) are a primary focus for Hyundai, as detailed on Wednesday in the company’s electrification roadmap. Hyundai plans to introduce 17 new BEV models by 2030, targeting 1.87 million annual battery-electric vehicle (BEV) deliveries by the same year, according to a press release. If Hyundai reaches the target, the automaker’s sales will account […]
With Polestar set to begin production on the new Precept electric vehicle (EV), the automaker has shared a second upcoming concept, Polestar has unveiled its second concept car built on the Precept design, called the O2 electric roadster and includes a convertible roof, according to a press release shared on Wednesday. The vehicle is also […]
Following an update on Monday detailing Ford’s plans to run its electric vehicle (EV) business separate from its gas car business, the automaker has unveiled its strategy to create two distinct auto arms. Ford announced plans to separate its business into two distinct, interdependent auto businesses on Wednesday, called Ford Blue and Ford Model e, […]
It appears recent rumours about Ford wanting to run its electric vehicle business separately from internal-combustion engine (ICE) businesses may be coming true. Reuters reports Ford will make the announcement of the separation of EV and ICE businesses on Wednesday, according to unnamed people familiar with the matter. Once separated, the businesses will still be under […]
Rivian today announced a slew of configuration updates for its R1T electric pickup truck and R1S electric SUV, accompanied by price hikes of up to 25% for both. Much to the chagrin of reservation holders, the price increases also apply to existing pre-orders and add-ons. Introducing our new Dual-Motor AWD configuration and our 260+ mile […]
Stellantis is expecting double-digit returns through 2030 on its move to electric vehicles (EVs), as detailed in its strategic plan Dare Forward 2030 by the company’s head in a recent presentation. Stellantis plans to target 300 billion euros ($335 billion USD) in revenue per year by the decade’s end as part of Dare Forward 2030, […]
Following news of the first Dodge and Jeep electric vehicles (EVs) being set to launch in 2022-2023, parent company Stellantis has shared first shots of an upcoming electric SUV. Jeep shared photos of its first battery-electric crossover SUV on Tuesday, which the company says is set to launch in Europe in the first half of […]
Alongside mounting competition in China’s electric vehicle (EV) market, one startup saw deliveries surge last month despite a production pause and a week-long holiday. NIO delivered 6,131 units in February, representing a 9.9 percent surge year over year, according to figures released by the company on Tuesday. The date range also includes much of the […]
General Motors (GM) has sold its stake in troubled electric vehicle (EV) startup Lordstown Motors. GM sold all of its 7.5 million shares in EV startup Lordstown Motors in Q4, as confirmed by GM spokesperson Jim Cain on Tuesday, according to Automotive News. The news comes just months after Foxconn bought the Ohio Lordstown Motors […]
Lucid Motors announced its Q4 2021 and full-year results on Monday and also shared an update on its vehicle line up and planned factories. As of February 28, 2022, Lucid says production to date has exceeded 400 cars, with 125 vehicles delivered to customers as of year-end 2021, for a total of 300 deliveries to […]
Chinese electric vehicle automaker NIO plans to seek secondary listings in Hong Kong and Singapore, according to stock exchange filings seen on Monday, as reported by Reuters. NIO has already received preliminary approval from the Hong Kong Stock Exchange, as an application for a secondary listing is still being reviewed by the Singapore Exchange. Upon […]
