BMW Group announced plans to invest about $750 million in a UK facility of its Mini sub-brand. The money will be used to revamp the Oxford plant to support electric MINI production as the brand looks to go 100% EV in the coming years. In the spring of 2021, BMW Group marque MINI shared intentions
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Tesla’s (TSLA) stock is rising in pre-market trading on an optimistic new report about the automaker’s Dojo supercomputer coming from Morgan Stanley. The firm massively increased its price target on Tesla’s stock because of it. Dojo is Tesla’s own custom supercomputer platform built from the ground up for AI machine learning and, more specifically, for
Apple Maps EV routing, a feature that first debuted at WWDC in 2020, will soon expand to its third car. Ford is reportedly informing dealers that its F-150 Lightning electric truck will support EV routing in Apple Maps starting sometime later this year… Apple Maps EV routing first debuted for the Ford Mustang Mach-E in
Chinese automaker Changan revealed a fully electric concept car, dubbed the CD701, that can convert from an SUV to a pickup at the push of a button. Chinese automaker shows off electric SUV/pickup vehicle The state-owned Chinese legacy automaker introduced the new EV under its Qiyuan brand at the Changan Auto Tech Ecosystem Summit this
According to a new report, Mercedes-Benz plans to launch new EVs powered by BYD’s LFP Blade battery. The move comes after the German luxury automaker revealed its new CLA electric sedan concept, the first of its entry-level class designed to take on EV leaders like Tesla. Chinese newspaper CBEA reported that Mercedes-Benz will begin production
Tesla has reached the milestone of having deployed 50,000 Superchargers around the world. It took the automaker just over a decade to do it. Any way you want to slice it, the Supercharger network is a major success story and by far the best fast-charging network for electric vehicles in the world. When bringing its
Tesla has started Powerwall 3 installations despite not officially unveiling the product yet. The first installations confirm Electrek‘s first exclusive reports, but we are still missing details. In April, Electrek reported that Tesla was preparing to launch the Powerwall 3 as we discovered the new product had been certified by a handful of electric utilities in the US. At
Despite a promising start, Kia’s new flagship EV9 sales have stalled out with a premium price tag and quality issues that have slowed the electric SUV’s momentum. Strong start According to the Korean Economic Daily, Kia, an affiliate of the Hyundai Motor Group, sold just 408 EV9 units in Korea last month. The news comes
During an event in New York City this evening, Lotus Cars has officially unveiled its next all-electric model, a hyper GT called the Emeya. In addition to debuting as Lotus’ second-ever BEV, the Emeya is also the automaker’s first 4-door hyper-GT and is some boasting some impressive specs out of the gate. Lotus Cars is
Tesla revealed the Model 3 Highland refresh last week with a lot more features than we expected, but one oft-requested feature was missing. But now, Tesla has updated the Model 3 Owner’s Manual in the EU, which shows that a genuine blind spot indicator is included with the refresh. Blind spot indicators have become a
Tesla has secured a deal to deploy up to 20,000 Universal Wall Connectors, the automaker’s clever new charging station, at 2,000 Hilton hotel locations. Hilton and Tesla already had a deal to install Tesla level 2 chargers, also known as Tesla Wall Connectors, to Hilton locations around the world. In 2017, they had a deal
The rally car lives on in the electric era. Ford unveiled its first rally-inspired electric vehicle Thursday, the Mustang Mach-E Rally. The electric pony is designed to push the boundaries of the Mach-e family with a rally-tuned suspension, dual-motor powertrain, and sporty design to tackle any terrain. Ford is no stranger to going beyond the
Tesla Gigafactory Mexico might be coming online quite a bit later than expected, according to supplier sources. After months of rumors, Tesla finally announced Gigafactory Mexico during its Investor Day in March. The automaker secured a piece of land just outside of Monterrey, Nuevo León, to build the plant. Tesla has talked about building the factory in record time
Honda announced that it will adopt the Tesla-designed NACS connector in its electric vehicles in North America. Tesla opened its proprietary connector (NACS) in North America last year with the hope it would become the charging standard for electric vehicles in the region. Over the last few months, many automakers, starting with Ford, announced that
Tesla has announced that Gigafactory Shanghai has produced its 2 millionth electric vehicle – making it the most productive EV factory. Gigafactory Shanghai is a significant success story for Tesla. In 2021, CEO Elon Musk disclosed that Gigafactory Shanghai has now surpassed Fremont Factory in production capacity, and Tesla has made the Chinese factory its new
The US solar industry is expecting to install an unprecedented 32 gigawatts (GW) of new capacity in 2023, according to a report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. This year’s anticipated installed solar capacity is a 52% surge from 2022, according to the new “US Solar Market Insight Q3 2023” report.
The Biden Administration and Secretary of the Interior Deb Haaland have canceled seven oil and gas leases in the Arctic National Wildlife Refuge (ANWR) in Alaska, along with protecting 13 million acres of the National Petroleum Reserve. ANWR is one of the largest areas of pristine wildlife habitat in America and is home to indigenous
According to Volkswagen CEO Oliver Blume, European manufacturers have an advantage over Chinese EV makers. VW leader said that the Chinese offer their vehicles “at twice the price they pay in China” of that in Europe. VW is not threatened by Chinese EV makers, CEO says Although Blume did acknowledge that “The Chinese have learned
Take a look at Kia’s newest electric SUV, the EV5, as the automaker takes you through a detailed tour of the interior and exterior in its latest video. Kia shows off the EV5 inside and out in new video Kia officially unveiled its compact EV5 electric SUV less than two weeks ago at the Chengdu
Universal Music Group (UMG) and independent streaming platform Deezer have announced the “most ambitious change” to the economics of streaming since its creation, with the launch of a new model promising higher royalties for artists. The collaboration between UMG, the world’s largest record company, and French streaming platform Deezer means artists will be paid double