UK-based automaker Lotus is taking its 2028 electrification goals to another level, announcing a new line of EV charger options to support its growing lineup of all-electric hypercars. The new chargers are are available in China en route to other markets soon. Lotus is a veteran boutique automaker with British roots, but is currently owned
The Fiat 500e will return to the US as one of the most affordable EV options on the market. The brand aims to revitalize sales with the 2024 Fiat 500e starting at under $33,000. Fiat is a brand you don’t hear much about in the US because, well, sales have nearly vanished over the past
Tesla briefly increased the deposit amount for the Cybertruck last night before reverting to the original price. Is the automaker signaling a deposit increase with the launch? While the vehicle’s premiere in 2019 wasn’t without issue or criticism, with the unbreakable window demonstration failing, it also helped generate a lot of attention. CEO Elon Musk
Toyota is securing substantial funding as it looks to catch up in the EV race. Sources close to the matter say Toyota and its affiliates will sell a stake of around $4.7B in Denso, the second-largest global auto supplier. Toyota plans to sell around 10% (roughly $4.7 billion) of its stake in the supplier by
After filing twin lawsuits against the Swedish Transport Agency and the country’s postal service after workers refused to deliver license plates for its cars, Tesla can enjoy a small victory in the battle in Sweden. Hours after filing the suits, a court in Sweden has backed the automaker, offering a temporary injunction to get the
After asking its dealers to join it “on an epic journey of sustainable expansion,” Ford revealed over two-thirds of its dealers joined almost a year ago. However, close to 400 dealers have dropped out of the program since then. Ford asked its dealership network to become a part of the automaker’s “revolutionary” EV transformation last
The iconic sports car is going all-electric. According to a new report, the Nissan Skyline will be reborn as a powerful electric fastback in addition to an SUV. Nissan Skyline to be reborn as electric SUV and fastback Nissan’s Skyline was born in 1969 after merging with the Prince Motor Company (the original Skyline maker).
Tesla has been spotted building a decent-size fleet of over 25 Cybertrucks at Gigafactory Texas ahead of the launch event on Thursday. After a lot of anticipation, years of waiting, and some delays, Tesla is finally going to deliver the Cybertruck at an event on November 30th. That’s this upcoming Thursday. We have been suspecting
Volkswagen is struggling to keep up as buyers shift to EVs. CEO of VW brand cars, Thomas Shafer, warned, “We are no longer competitive,” after announcing additional job cuts Monday. VW plans job cuts to keep pace with EV leaders Europe’s largest automaker aims to cut costs and improve returns to keep pace with EV
Less than two weeks after cutting the ribbon on its first Charging Hub in the US, Mercedes-Benz has begun operations at its first location in Europe. Can you guess where? Don’t think too hard… This past January, Mercedes-Benz announced plans for a new global network of fast charging hubs during a press conference at CES.
A new trademark filing with the European Intellectual Property Office (EUIPO) reveals that a new Volkswagen EV is likely coming soon. The filing for a Volkswagen ID. Cross suggests it could be an electric crossover or SUV. Volkswagen ID. Cross filing hints at new electric SUV Volkswagen wants to become more competitive as electric vehicle
Tesla has populated its showrooms with Cybertruck units ahead of the launch and it was successful in attracting crowds. Last week, we reported that Tesla has started to bring early Cybertruck vehicles to showrooms around the US. At the time, they were only in two stores, but we noted that it looked like they could
South Korea’s largest automaker, Hyundai Motor, is bolstering EV production despite rumors that the market is slowing. The automaker revealed plans to suspend operations at its main factory in South Korea as it shifts its focus toward EVs. On Monday, Hyundai said it will temporarily suspend activities at its Asan plant in South Korea. According
After a tough quarter, Tesla is now offering 6 months of free supercharging for all new Model 3 and Model Y orders that get delivered by the end of the year in North America. Tesla is gearing up for another “end of quarter push,” attempting to boost sales before the quarter and year close out.
Kia’s first three-row electric SUV is already racking up the deals ahead of deliveries in the US. The 2024 Kia EV9 is now available for a special financing rate as low as 3.25%. 2024 Kia EV9 gets special financing rates Although Kia’s new electric SUV is garnering “significant consumer interest,” the automaker is launching it
Toyota is still continuing its old ways of greenwashing and opposing electric vehicles, despite a change in CEO earlier this year from anti-EV stalwart Akio Toyoda to former Lexus chief Koji Sato, who had promised a more EV-friendly approach. Toyota has a long history of opposing electric vehicles, both through lobbying and disinformation in its
Tesla has started releasing to employees its FSD v12 update, which is apparently critical to Tesla’s achieving its self-driving goal. CEO Elon Musk has previously said that he believes Tesla will achieve “true” self-driving capability by the end of the year. Now, the CEO has said that before and it didn’t happen. But this time,
Volkswagen plans to launch a new entry-level EV platform in China to keep pace with Tesla and BYD. The automaker will introduce EVs starting at around $20,000 (140,000 yuan) to win back buyers in its most important market. Competition in the world’s largest EV market is intensifying as price cuts from market leaders like Tesla
Nissan is announcing a major series of investments and plans for electrification today, many of which have been long rumored but are now being concretely defined. In summary, plan on two new CUVs and a brand-new version of the Leaf, all three of which will be produced in the UK at Nissan’s Sunderland plant. In
Elon Musk is reportedly taking a zealot stance against union amid a strike in Sweden expanding and potentially now crippling operations for Tesla in the country. Earlier this month, Tesla service workers in Sweden started striking in order to get included in a collective agreement. The automaker has always had a hard stance against unions