CNBC reports that Lexus has announced plans to introduce 20 new or re-worked vehicles in either electric vehicle (EV) or hybrid models by 2025, with the company’s new EV direction based on a newly-announced luxury concept car called the LF-Z Electrified. The Toyota-owned vehicle manufacturer is set to include many of Lexus’s design elements, like […]
Update March 30: It was a joke after all, as we suspected. Shame on you, Volkswagen. Volkswagen has made major announcements in the last year about its moves towards zero-emission vehicles, and in a new announcement, the company has taken these goals one step further. On Tuesday, Volkswagen unveiled a new name for its U.S. […]
Will Volkswagen be changing its name in the United States? According to CNBC, the Germany automaker ‘accidentally’ published a press release—then removed it—detailing its name would become ‘Voltswagen’. The press release dated April 29 detailed the new name of Voltswagen of America, which apparently focuses on its new electrification efforts. An unnamed source confirmed the […]
Volkswagen was called “Tesla’s most credible” rival by the Union Bank of Switzerland (UBS) in recent months, and according to a new report, an old concept car from the company may be entering center stage in the years to come. CNET reported Monday that Volkswagen’s ID Buzz electric bus will land in the US by […]
Ark Invest recently raised its price target on Tesla, but a new update suggests that the firm may also be looking to increase its holdings in future space travel too. Ark Invest head Cathie Wood has announced the debut of a new space exploration stock exchange-traded fund (ETF), ARKX, set to go public in the […]
One of the biggest barriers to the mainstream adoption of electric vehicles (EVs) is the lack of charging infrastructure. However, in a new bid, Jeep is partnering with an EV charging station company to offer an increased charging network to customers who own a Jeep. Jeep announced last week a partnership with Volkswagen’s Electrify America, […]
Mercedes-Benz USA has revealed the 2022 EQS — its upcoming all-electric luxury sedan, complete with pictures and videos of a production model. The 2022 EQS focuses heavily on delivering a design and user experience that justifies the hefty price tag that it is virtually guaranteed to be accompanied by, and is touted to offer a […]
According to Reuters, the Canadian government has moved to sure-up its defenses against takeovers of and foreign investment into companies mining critical minerals and Canada’s critical mineral supply chain as a whole. The move preempts major demand for metals to produce electric vehicles. Earlier this month, Canada named 31 minerals critical to its economy, including aluminum, […]
China smartphone manufacturer Xiaomi is looking to enter into the electric vehicle (EV) space with the help of Great Wall Motor Company’s factory space, reports Reuters. The news comes from three people familiar with the matter who declined to be identified since the information is not yet public. Along with hopes to use the company’s […]
Chinese automaker and Tesla rival NIO has seen all-time highs this year (but not at the moment!) with the release of its ET7 flagship sedan, and the battery swapping electric vehicle (EV) company has now reached another major milestone in 2021. On Thursday, @driving_china reported that NIO had reached 2 million battery swaps, marking an […]
Electric vehicle (EV) charging stations are growing in presence to match the increasingly electric auto market throughout the world, but one company in Shetland, Scotland is upping the ante with marine-powered electricity. Nova Innovation has created an EV charging station powered by tidal turbines on the island of Yell in Shetland, Scotland, according to BBC. […]
After selling out of the Lucid Air Dream Edition on Monday, Lucid Motors has officially revealed how many of the limited-edition electric vehicle (EV) it sold in the pre-order phase. Lucid Motors sold about 500 Lucid Air Dream Edition units before pre-orders of the electric sedan closed to the public, as reported by Teslarati. The […]
Lucid Motors has announced it is now ‘all out’ of the Dream Edition of its Lucid Air electric sedan. “That was fast. The limited run of Lucid Air Dream Edition is now fully booked. This exclusive design was created to celebrate the launch of Lucid Air. If you were hoping to reserve a Dream Edition, […]
Volkswagen has been boldly climbing the battery electric vehicle (BEV) ladder, with its shares up over 50% this year. On Monday, Deutsche Bank analysts raised their price target on Volkswagen from €185 ($220 USD) to €250 ($298 USD), led by analyst Tim Rokossa, reports Market Watch. The news, which was shared in a note to […]
The two U.S. senators in California are pressing President Joe Biden to release a firm end date for gas car sales, as the White House works to re-write emissions guidelines removed by Donald Trump, according to an unreported letter going to Biden Monday (via Reuters). In the letter, U.S. Senators Alex Padilla and Diane Feinstein […]
