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  1. V

    Mercedes-Benz Makes Big Announcement About EV Charging Network At CES

    Following the footsteps of Tesla and GM, the German automaker Mercedes-Benz have shared a plan to develop a 10,000-charger network by 2030, starting with the U.S. and Canada and later expanding into China, Europe and other key markets. North American portion of its self-branded network will...
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    Chevrolet EV and latest plans

    The company's product plans through 2025 will include several EVs which the company had already announced, such as all-electric versions of the GMC Sierra and Chevrolet Silverado pickups, and Chevy Blazer and Equinox SUVs. GM aims to have 20 models of EVs available in the U.S. by 2025 as it...
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    BMW Unveils i Vision Dee Chameleon Electric Vehicle Concept

    BMW AG has unveiled a prototype for a car that talks like a human being, changes colors to suit the driver's mood and has no screens on its dashboard. Production is planned in 2025. BMW plans to launch the new lineup of electric vehicles, which it is calling the Neue Klasse, or new class. One...
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    Polestar officially unveils the Polestar 3

    Polestar 3 electric performance SUV is the first car on a new all-electric technology base developed by and shared with Volvo Cars. Production for initial launch markets is planned to begin in Volvo Cars’ facility in Chengdu, China, in an incremental ramp-up phase from mid-2023, with first...
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    More Tesla, GM, Ford EVs Qualify For Tax Credit

    It's good news for both the automakers and the customers that the US Treasury has made more EVs eligible for the new tax credits. The revised definition will apply retroactively to EV purchases since January 1, 2023. The decision is a win for these automakers which had pressed the US...
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    More Tesla, GM, Ford EVs Qualify For Tax Credit

    The U.S. Treasury Department updated the vehicle classification standard, revising a definition that determines which EVs are eligible for clean vehicle tax credits available under the Inflation Reduction Act. This reworked law, now called the Clean Vehicle Credit, includes a reduced $4,000...
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    Volkswagen Set To Convert All R Performance Vehicles To Electric By 2030

    Volkswagen R, the sub-brand for performance-focused models, will go EV by 2030. The electric R models will inherit performance-related technology from concepts like the record-breaking ID.R, featuring powerful electric motors, tweaked aerodynamics, and a more focused chassis setup. They will...
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    Hyundai Motor Company Unveil $8.5 Billion Spending Plan

    Hyundai Motor will invest USD 8.5 billion won over the course of 2023 as it moves to electrify more of its fleet to the rising consumer demand for cleaner cars. The South Korean automaker is also targeting revenue growth of as much as 11.5% this year after posting fourth-quarter earnings that...
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    BYD May Buy Ford’s Automobile Plant In Germany And Push Electrification

    The factory in discussion is the Saarlouis plant, where vehicle production is slated to eventually end in 2025. The talks, though are still in a preliminary stage and may ultimately fall through. Ford is also gauging interest from around 15 potential investors, but terms of the deal are not yet...
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    New Division In Honda Will Speed Up Electrification, Announce New Collaboration

    Honda will create a new division in a bid to strengthen and speed up its electrification business as part of an overhaul of its organizational structure. Honda's new unit will consolidate the automaker's electrification strategy and vehicle development as it aims to catch up with Tesla and...
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    Toyota Makes Adjustments To EV Strategy, Unveils Cars Of The Future

    The first sign of a major shift in Toyota's EV strategy came in December 2021. Mr. Toyoda said Toyota would aim to sell 3.5 million EVs annually by 2030, a big step up from the previous target. The transition is a landmark moment not only in the car industry but in the complicated shift to green...
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    Elon Musk Agrees to Open Charging Stations

    The US administration laid out the final standards for its plan to build a national network of 500,000 electric vehicle chargers along highways, including a requirement that all EV chargers funded through the Inflation Reduction Act must be built in the United States. All chargers are also...
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    Porsche Invests In ABB E-Mobility, Unveils Next-Gen EV Platform

    For drivers on the go, particularly those on long journeys, charging speed is key and every minute waiting can make a big difference to their journey. ABB’s Terra 360 charger has an output of up to 360kW, which means a car capable of accepting such speeds could be charged in less than 15...
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    Audi’s All-Electric RS6 And A8 Set For Release In 2024, Expands To South Africa

    Audi is indeed working on a high-performance version of the A6 e-tron concept. It uses the A6 e-tron’s body shape and styling but also has massive red brake calipers, huge discs, and a surprisingly low ride height, though Audi hasn’t confirmed anything just yet. There’s no word on how much power...
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    General Motors To Invest $650 Million Lithium Americas To Support Its EV Business

    The demand for lithium is expected to reach over 3 million tonnes by 2030. Thacker Pass in Nevada is the largest known source of lithium in the United States. GM is making a $650 million equity investment in Lithium Americas. This is by far the largest-ever investment by an automaker to produce...
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    Ford Announces Huge Slash In Mustang Mach-E Price

    Ford has cut Mustang EV prices in response to Tesla's price cut in all probability. This was expected and it seems a mini price war has started. The Mach-E led Ford was the second-bestselling automaker of EVs last year in the U.S. trailing Tesla by a wide margin. Ford sold more than 65,000 EVs...
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