Hyundai releases the Ioniq 5 to compete with the ID.4

Hyundai has just presented the Ioniq 5, the company’s first production model based on its E-GMP platform. While the electric SUV has impressive technical data, the angular design will probably polarise. After the ‘Concept 45’ presented in 2019 and the information on the new, modular electric platform was published in December 2020, Hyundai is now […]

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Schaeffler to open new lab in Bavaria

Automotive supplier Schaeffler has announced plans to invest around 80 million euros in a new central laboratory in Herzogenaurach, Germany, which is scheduled for completion by 2023. Schaeffler intends to bundle “core competencies and key technologies” at the site. According to the company’s announcement, the central laboratory will provide space for 15 laboratories and more […]

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VW improves EV targets, while Artemis may be facing an early ending

VW has reportedly tightened its electrification targets. According to a media report, the share of electric vehicles in 2030 will be significantly higher than previously planned. To achieve this, development tasks will also be redistributed among the group’s brands – this likely also affects Audi’s Artemis project. The information on the tightened electric sales targets […]

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BMW to double plug-in car production at Dingolfing plant

BMW wants to more than double the electrified vehicle output at its plant in German Dingolfing this year to over 40,000 vehicles, up from just about 20,000. The all-electric BMW iX will become the main driver behind the push. The company presented the BMW iX last year and scheduled production to start this summer before […]

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Aptera announces 7,000 reservations and fresh capital

The US-based Aptera Motors has closed a Series A funding round of four million dollars (around 3.3 million euros) and reports more than 7,000 reservations received for its three-wheeled solar electric car, which has been available for pre-order since December 2020. Among the investors from the funding round, Californian manufacturer Sandy Munro of Munro & […]

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Geely considers launching dedicated EV subsidiary

The Chinese car manufacturer Geely reportedly wants to spin off product planning, marketing and sales of electric vehicles into an independent company. The subsidiary Lingling Technologies, which is yet to be founded, is to be primarily concerned with development, marketing and sales. As Reuters reports, the main focus will be on future electric cars based […]

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Daimler considers moving up combustion vehicle phase-out

Daimler has famously set itself the goal of achieving a CO2-free fleet by 2039. Now, according to a media report, the company is considering an early end to the combustion engine. In an interview, Daimler CEO Ola Källenius already hinted that the interim targets for electric vehicles could be revised upwards. As reported by the […]

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US Ford dealerships will need to invest $35,000 for EVs

Ford has sent a letter to its US dealers to inform them that they will be required to invest a sum of $35,000 to receive the brand’s “next-generation EV certification”. This is meant to cover chargers and service offers for EVs. According to a report by Carsdirect, Ford states in their letter that the initial […]

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Tesla lowers US base price of the Model 3 & Model Y

Tesla has lowered the base prices for the entry-level versions of the Model 3 and Model Y in the USA – by 1,000 to 36,990 US dollars for the Model 3 Standard Range+ and by 2,000 to 39,900 dollars for the Model Y Standard Range. The performance models, on the other hand, became more expensive. […]

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