Volvo Cars announced on Thursday its decision to discontinue funding for Polestar Automotive Holding, transferring the management of the luxury car brand to its largest shareholder, Geely Holding of China, reports Reuters. This strategic move resulted in a significant surge in Volvo’s stock, which climbed over 30% at the opening of the market. Critics have […]
Polestar has officially announced the launch of the Polestar 4 in Europe and Australia. With production kicking off and the first deliveries in China concluding at the end of 2023, the online sales for the Polestar 4 have started, featuring an indicative starting price of EUR 63,200 in Europe and AUD 81,500 in Australia. The […]
Ford’s CEO, Jim Farley, announced today on X that owners of the Mustang Mach-E and F-150 Lightning in the United States and Canada will soon be able to reserve a complimentary Fast Charging Adapter. This move comes as part of Ford’s initiative to grant its electric vehicle (EV) customers access to Tesla Superchargers, enhancing the […]
Volvo has announced a delay in the delivery of its EX30 full-electric small SUV, citing software troubles. This setback marks the second software-related issue for Volvo EVs following the EX90. According to a customer correspondence obtained by Automotive News Europe, Volvo acknowledged the delay, stating, “We confirm that Volvo is working tirelessly to resolve the […]
Rivian has made a significant recruitment coup by hiring DJ Novotney, a distinguished Apple veteran. Novotney, who played a pivotal role in developing Apple’s home devices and the initial efforts for an electric vehicle, will join Rivian as the Senior Vice President of Vehicle Programs. This move highlights another major departure from Apple, who recently […]
Honda has announced the upcoming launch of its all-new 2024 Prologue, the brand’s first all-electric SUV, set to arrive in dealerships in March. The Prologue stands out with a best-in-class standard EPA range rating of 296 miles on a full charge, blending Honda’s renowned fun-to-drive dynamics with advanced technology and spacious interiors. The 2024 Honda […]
Porsche has officially launched its second all-electric model, the new Macan, featuring advanced powertrains and high performance. The electric SUV offers up to 639 PS and boasts a range of up to 613 km (WLTP). This launch marks a decade since the introduction of the original Macan, with the new generation showcasing a shift to […]
Akio Toyoda, Chairman of Toyota Motor Corp., recently voiced his belief that battery electric vehicles (EVs) will only capture up to 30% of the automotive market share. Toyoda, the grandson of Toyota’s founder, emphasized the importance of offering a range of vehicle types, including hybrids, hydrogen fuel cells, and traditional fuel-burning cars, particularly in light […]
Ford is aligning the production of its F-150 Lightning electric truck with current customer demand, while also maintaining the capacity to scale up production of its gasoline-powered and hybrid F-150 trucks as needed, said the company on Friday. In 2023, Ford said it was America’s second-best-selling electric vehicle brand (far behind leader Tesla), with the […]
Mazda has entered into a strategic agreement with Tesla to adopt the latter’s North American Charging Standard (NACS) for its battery electric vehicles (BEVs) set to launch in North America starting from 2025, said the Japanese automaker on Tuesday. By integrating NACS in its upcoming BEVs, Mazda aims to expand charging options for its customers, […]
Rivian is apparently set to roll out a range of new subscription-based services for its fleet, including the R1S and RCV models. This update was shared by Reddit user u/ddd1330 on Wednesday, who is involved in acquiring multiple vehicles from Rivian for their company. According to the information provided, these additional services will require a […]
Today, Honda unveiled the “Honda 0 Series” EV concepts at CES 2024, a new lineup of global electric vehicles set to launch in 2026. Two concept models were unveiled, the Saloon and the Space-Hub. The Saloon concept is scheduled to hit the North American market in 2026, followed by releases in other global regions. The […]
At CES 2024, Volkswagen unveiled the integration of OpenAI’s AI-powered chatbot ChatGPT into its IDA voice assistant, marking a significant advancement in automotive technology. This integration, a collaboration with technology partner Cerence, will be a standard feature in many Volkswagen models starting from the second quarter of 2024. The innovative chatbot, powered by Cerence Chat […]
Honda is considering a significant expansion of its electric vehicle (EV) production capabilities in North America, with a potential $14 billion investment in a new EV plant in Canada, reports Nikkei. This move would mark one of the Japanese automaker’s largest investments, as it seeks to compete with U.S. and European rivals in the EV […]
Ford Motor Company has reported a remarkable year in 2023, not only maintaining its leadership in traditional gas vehicle lines but also achieving new records in electric and hybrid vehicle sales. In the electric vehicle (EV) segment, Ford reached new heights. The company sold 25,937 EVs in the fourth quarter, a 24 percent increase over […]
