Nissan has been forced to pause orders in Japan for their new EV, the Nissan Sakura, after the waiting period for the vehicle spanned over a year. While those in western markets may be familiar with the upcoming Nissan Ariya EV, they are likely less informed about its smaller cousin that will be sold in […]
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BMW Group is considering implementing a direct-to-consumer sales model for their MINI and BMW brands. In an interview with German news site Muenchner Merkur, reported by Reuters, Finance Chief Nicholas Peter of BMW Group said the company is considering implementing a direct-to-consumer sales model that could circumvent their dealer networks for both their MINI and BMW […]
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Fisker will begin production of their long-awaited Fisker Ocean SUV later this month, and the company has already increased its production goal to over 40,000 units in 2023. The day that many feared would never come is upon us. Fisker is starting production of their Fisker Ocean electric SUV later this month via their manufacturing […]
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Polestar announced today it received financing from two major shareholders, totaling $1.6 billion, to achieve its future growth targets. The global economy is in a tumultuous period, especially in Europe, where energy issues continue to run rampant. Despite these challenges, Polestar and numerous other brands hope to continue to grow. To do so, Polestar has […]
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Dodge has announced that the upcoming RAM 1500 Revolution electric pickup truck will be revealed at CES at the beginning of January next year. Much like their gas counterparts, electric pickup trucks have gained massive followings in the U.S. already. Ford has made their name with the Ford F150 Lightning, but the other two significant […]
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Audi will cut production of their flagship A8 luxury sedan and, in turn, will increase Audi E-Tron production. The Audi E-Tron has quickly become one of the brand’s most popular nameplates, easily surpassing lackadaisical Audi A8 sales. According to the German news site Stimme.de, the brand is shifting production, focusing on its better-selling electric super sedan […]
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CATL announced that they have signed a memorandum of understanding (MOU) with Vingroup and subsidiary VinFast regarding cooperating on EV “skateboard” chassis. Reading over the CATL press release is a task accomplished quickly; the sparse publication reveals very few details regarding the new partnership between the two companies. However, they will cooperate in a way […]
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Elon Musk met with European lawmakers long before his recent Twitter acquisition to reassure them that content moderation would remain under his leadership. Some of Elon Musk’s most vocal detractors have opposed his Twitter acquisition due to fears that the new owner would abandon content moderation on the platform, meaning that he would allow any […]
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Ford has announced that Ford dealers will have an extra month to consider before the deadline to invest in the brand’s EV future. Ford made the news earlier this year for aggressively revitalizing its dealership system in the U.S. In short, while the company sees the benefits of having such a widespread dealer network, the […]
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Stock in the German automaker Porsche has hit record highs today after the company posted a stellar earnings report for Q3. In short, Porsche (XETRA: P911) had an incredibly successful quarter, especially regarding financials. The company has increased revenue by 41% in the first nine months of the year compared to last year, totaling just […]
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