Porsche, Jaguar unveil images of next-gen Formula E Car

Over the past week, multiple Formula E teams have shared videos and images of testing and car liveries of their next-generation racecar, most notably including Porsche and Jaguar. Formula E is the new open-wheeled racing series featuring electric vehicles in a bid to make racing a more sustainable endeavor. However, up until recently, cars have […]

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Ferrari plans to expand Maranello plant in preparation for EV transition

Inside sources at Ferrari have revealed that the automaker has plans to expand its Maranello production facility in preparation for electric vehicle production. This third production line at the world-famous Maranello plant will be dedicated to electrified vehicles, both fully electric and hybrid, and will likely also include a battery research and development center, a […]

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Rimac secures $537m in new investment round with Goldman Sachs, Softbank

Rimac announced that it has secured $537 million in investment via a series-D investment round, including Softbank, Goldman Sachs, and Porsche, who now owns 20% of the company. While not being used for the Rimac Auto brand, this round of investment was intended to fund the Rimac Technology brand, a company that will be an […]

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Polestar begins deliveries of Polestar 2 as part of Hertz Deal

Polestar has announced this morning that they have started delivering its Polestar 2 as part of its deal with Hertz to supply the rental agency with 65,000 vehicles over the next 5 years. Polestar calls this deal “one of the largest single orders for electric cars ever made” and intends on showing their “operational capacity.” […]

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GM teases the Cadillac Celestiq luxury hatchback EV

General Motors teased the Cadillac Celestiq today with a series of images displaying the concept vehicle’s sleek and streamlined design, which will serve as “the purest expression of Cadillac design, technology, and performance.” GM has released more glimpses of the Cadillac Celestiq, which is what they describe as an “EV show car.” The Celestiq was […]

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