The EV offensive by Porsche will cost the German automobile manufacturer billions, without a quick return on investment. For this reason, CEO Oliver Blume has announced a plan to save/make back several billion over the next three years. The exact sum to be saved is 6 billion euros, according to the plan. The plan is […]
After the German ministry for vehicles (KBA) followed the suspicion that there may be extensive heavy metal contamination among EV components used in the Volkswagen brands VW, Audi and Porsche, affected components have now been found in the German Post’s StreetScooter. Reports indicate that the vehicle contains the same affected charging component that was used […]
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JLR is considering starting up production for their BEV I-Pace in China. Their local Chinese partner Chery Automobile will take over production of the I-Pace alongside the E-Pace, which will begin production at the facility soon. The news was released by unnamed sources, who also added that the move was embedded in a larger production […]
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Tata Motors has decided to turn its existing production facility in Sanand Industrial Estate into a hotbed for electric car development. An executive called Sanand the “emerging capital of EVs in India”. For now, Tata is making the electric variant of the Tata Tigor at the Sanand Plant. Their production target is 5,000 Tigor EVs, […]
General Motors is getting closer to the 200,000 EV cap for the $7,500 federal tax incentive. Still estimates suggests that they may have until early 2019 before the incentive is cut off but consequences for the Bolt EV could be stark. To date, GM has sold about 186,670 Chevy Bolt and Spark EVs, as well […]
Tesla is looking for staff for their planned electric vehicle factory in Shanghai just one month after receiving approval to set up shop from Chinese autorities. Most roles posted on the Tesla website are at senior level, reaching from architectural designer to experienced finance manager. All in all, Tesla is looking to fill 14 positions. […]
Daimler is in talks with Beijing Electric Vehicle (BJEV), a unit of its Chinese partner Beijing Automotive Group to start building the electric Smart in China. The information was revealed by sources close to the matter but yet awaits official confirmation. In light of recent changes to the management of Smart as well as China’s […]
Tesla has made some changes to the pricing model for the Model 3 again: After the upgrade to AWD was lowered from $5,000 to $4,000 at the end of June, the price has gone back up to it’s initial $5,000. That means the Model 3 with all-wheel drive costs $54,000 now. The added features also […]
The Chinese manufacturer DearCC, who is mainly known for small, affordable EVs, has founded a premium brand named Enovate. They also presented a teaser for their first vehicle: an electric SUV. Officially, the new brand will launch in the second half of 2018. DearCC is planning three vehicle platforms, which are designed to benefit from […]
Xiaopeng Motors has finished a round of financing with 4 billion Yuan (587 million dollars) in funding. The first vehicle model by the manufacturer is scheduled to hit the market this year. In total, Xiaopeng has managed to collect more than 10 billion Yuan from investors so far. In winter, Foxconn and Alibaba joined the […]