Porsche plans to go public on Thursday at a $73 billion valuation, catapulting the company to become the world’s fourth-most valuable automaker and netting billions of dollars for parent company…
BMW raised the curtain Tuesday on a high-performance plug-in hybrid SUV meant to lure buyers from the ultra-luxury segment’s Lamborghini Urus and Aston Martin DBX. The BMW XM full-size SUV…
Faraday Future raises $100 million to help launch flagship FF 91
Faraday Future said it has secured up to $100 million in funding as the struggling EV startup tries to launch its long-delayed first model, the FF 91. The near-term funding…
Volkswagen, Umicore venture shows the circular EV battery economy is heating up
Volkswagen is partnering with a Belgian technology group to produce battery materials in Europe, the latest in a spate of industrywide deals to create a circular battery economy that can…
GM invests in Canadian battery recycler to fight supply shortage
General Motors is partnering with a Canadian battery recycler to produce new batteries from recovered battery materials, as it aims to scale EV production in North America amid supply shortages…
Volkswagen and Belgian utility giant partner on vehicle-to-grid energy storage
Volkswagen is partnering with a Belgian network operator to integrate electric vehicles into the power grid, as more EVs take to the road amid rising energy costs. Volkswagen’s charging unit…
The $5.6B epicenter of Ford’s EV effort is now under construction
Ford broke ground Friday at its $5.6 billion BlueOval City complex in Tennessee, the epicenter for its future electric vehicles and a key milestone toward its goal to sell 2…
Mullen to bid for bankrupt Electric Last Mile Solutions
Mullen Automotive is the leading bidder on bankrupt commercial EV maker Electric Last Mile Solutions, its second major deal this month as it strives to deliver its own electric vehicle.…
Ford drivers could get alerts from nearby pedestrians’ phones
Ford is working on a mobile app designed to alert drivers to pedestrians and bicyclists nearby. The app, scheduled to debut at the Intelligent Transportation Society of America’s World Congress in…
Tesla is ramping up production at its factories in Texas and Shanghai to head off an upcoming ambush of new EVs from legacy automakers. On Monday, the world’s largest EV…
Tesla ordered to tell laid off workers about lawsuit
A U.S. District Court has ordered that Tesla must tell employees about a lawsuit alleging the automaker violated state and federal law by requiring workers to sign separation agreements. Two…
Honda’s EV motorcycle offensive includes one just for kids
Honda plans to launch at least 10 all-electric motorcycles by 2025, including one for children, as demand for business-use bikes rises worldwide. The world’s largest motorcycle manufacturer said Tuesday that…
Ford is beefing up its suite of highway safety features with the ability to change lanes, stay within lane markings and adjust speed around curves — sans driver input. The…
Tesla said Thursday it is turning to the public to help determine where to locate its next Superchargers as the automaker continues to expand its network of EV fast-charging stations…
Mullen acquires controlling interest in EV startup Bollinger Motors
Mullen Automotive has acquired a controlling interest in Bollinger Motors, a move intended to strengthen the two EV companies’ positions within the fast-growing electric sport utility and commercial vehicle markets.…
Mercedes-Benz and Rivian partner to jointly build electric vans in Europe
Mercedes-Benz and Rivian are partnering to produce electric vans at scale in Europe. The joint venture announced Thursday will help each automaker scale its bespoke large battery-electric van businesses as…
Jeep unveils the first three EVs coming to market, starting in 2023
Jeep revealed Wednesday the first steps in a plan to reshape its portfolio, starting with the launch of two EVs in North America by 2025 and one in Europe next…
Aston Martin is finally upgrading its stale infotainment system
When it comes to touchscreens and in-car entertainment, Aston Martin has not only lagged behind ultra-luxury rivals such as Lamborghini and Bentley, it has trailed lower priced tech-forward models as…
Tesla is looking to hire recruiters in Quebec for a “high-volume” effort, indicating the automaker’s plans to grow in Canada. A job posting by the global battery-electric brand seeks “an…
Toyota said Wednesday it will triple its planned investment for its first U.S. battery factory due to rising consumer demand for electric vehicles. The automaker now plans to spend $3.8…
Two EV manufacturers are seeking cash infusions this week to bring their delayed vehicles to market. Nikola, a Phoenix-based electric truck maker, said in a securities filing Tuesday that it…
Tesla Model 3 owner seeks class action over ‘phantom braking’
A Tesla Model 3 owner who filed a lawsuit against the automaker Friday alleging unintended braking is seeking class action status. The suit, filed Friday in the U.S. District Court…
Honda and LG Energy plan to build a $4.4 billion lithium-ion plant in the US
Honda is the latest car company with plans to manufacture lithium-ion batteries in the U.S. The automaker said Monday it is forming a joint venture with LG Energy Solutions to…
Aston Martin Valhalla plug-in hybrid to shape future EVs
Aston Martin is using its upcoming Valhalla high-performance plug-in hybrid to develop a playbook for its future EVs. Executives said that the 937-horsepower Valhalla supercar exhibited at the Pebble Beach…
Panasonic considers Oklahoma for next EV battery factory
Panasonic is eyeing Oklahoma as the home for its next lithium-ion battery plant, according to a report Friday by The Wall Street Journal. The proposed venture, which is expected to…
Audi to join Formula 1 with German-built hybrid power unit
Audi said Friday it will join Formula 1 for the 2026 season, competing alongside rival sportscar makers such as Aston Martin and Mercedes-Benz as the series shifts its focus to…
2023 Mercedes-Benz EQS SUV begins production in Alabama
Mercedes-Benz began production of its first battery-electric SUV for the U.S. market on Thursday, fronting a movement expected to bring auto manufacturing onshore over the next decade. The 2023 Mercedes-Benz…
Ford reopens order bank and raises prices for 2023 Mustang Mach-E
Ford began taking reservations for its 2023 Mustang Mach-E on Thursday after a four-month hiatus due to short supply. The automaker also boosted the battery-electric SUV’s range and upped the…
Tesla fights US Senate campaign ad showing its EVs hitting child-sized mannequins
Dan O’Dowd, the California U.S. Senate candidate behind a controversial anti-Tesla ad, has pledged to continue airing the campaign despite receiving a cease-and-desist letter from the automaker. O’Dowd’s call for…
Featured Article
EVs reigned during Monterey Car Week
Monterey Car Week — still the most exclusive automotive event on the calendar — concluded Sunday with the 71st running of its pinnacle display, the Pebble Beach Concours d’Elegance. But as antique Duesenbergs and Jaguars, backlit by the Pacific Ocean, rolled onto the famed course’s 18th fairway to vie for “Best of Show,” the Concept…