Electric vehicles

Lamborghini to invest 1.8 billion euros for electrification

According to Chief Executive Stephan Winkelmann, Lamborghini wants to invest at least 1.8 billion euros ($1.88 billion) to manufacture a hybrid lineup by 2024...

Volvo to open 3,300 jobs at EV plant in Slovakia

The Swedish carmaker Volvo Car Group said on Friday that it will invest 1.2 billion euros ($1.25 billion) in the construction of an electric...

Fuel purchases from dashboard—Apple plans car software

When the newest version of its CarPlay software launches this autumn, Apple Inc wants you to start buying petrol right from your dashboard. This...

BMW’s share buyback program to start with 2 bln euros

BMW (BMWG.DE), a German automaker, announced on Thursday that the start of a share repurchase program with a maximum volume of 2 billion euros...

Mercedes set up plants to produce EVs

Mercedes-Benz is modifying its network of factories in order to produce a new line of high-end electric vehicles as it gets ready to make...

Renault joins hands with Atos on data gathering

The French automaker Renault is collaborating with the software provider Atos, the two businesses said on Tuesday, to gather and analyze data as part...

Tesla’s new factories losing billion dollars: Musk

Due to battery shortages and supply interruptions in China, Elon Musk claims that Tesla's planned plants in Germany and the US are "losing billions...

EV may take 33% of global sales by 2028

According to consultancy AlixPartners, sales of electric vehicles might reach 33 percent globally by 2028 and 54 percent by 2035 as demand increases in...

Workplace discrimination: Tesla investor sues Musk

A Tesla Inc shareholder sued the company, its CEO Elon Musk, and its board of directors, accusing them of failing to address workplace discrimination...

Latest articles

59k Tesla vehicles have software glitch in Germany

The automated emergency call system in Tesla models Y and 3 are being recalled by Germany's road traffic administration due to a flaw that...

Nigeria lost $1 billion to crude oil theft

The petroleum regulator announced on Friday that Nigeria lost $1 billion in income due to crude oil theft during the first quarter of this...

Southeast Australia sees floods, people being evacuated

The east coast of Australia's largest city, Sydney, was battered by destructive winds and torrential rain on Sunday, and floods that were projected to...

Lamborghini to invest 1.8 billion euros for electrification

According to Chief Executive Stephan Winkelmann, Lamborghini wants to invest at least 1.8 billion euros ($1.88 billion) to manufacture a hybrid lineup by 2024...