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Porsche goes public, initial value goes over $72 billion

Porsche goes public, initial value goes over $72 billion

Volkswagen execs have long been talking about making a Porsche IPO in order to raise additional funds to boost EV development. After all, the switch from gasoline-powered cars to EVs is a costly endeavor. It's also a way to raise Volkswagen's own...

29 September 2022 0
Apple wants to build the new Apple Car project team before end of year

Apple wants to build the new Apple Car project team before end of year

Prominent Apple analyst, Ming-Chi Kuo, carried out a supplier survey and according to its findings Apple is will form a new team for the Apple Car project. Lately rumors have been picking up about Project Titan. Apple went through many stages of...

29 September 2022 23
Feifan R7 is a $28,500 electric SUV from China

Feifan R7 is a $28,500 electric SUV from China

Feifan has a little bit of a complicated history, it is owned 95 percent by SAIC and previously it was known under the brand name “R”. The “R” was actually owned by Roewe, which is yet another brand owned by SAIC. Roewe is called so because it used...

28 September 2022 0
BYD officially launches 3 electric cars in Europe starting at €38,000

BYD officially launches 3 electric cars in Europe starting at €38,000

BYD - Build Your Dreams - held its official European brand launch event earlier today. In the half-hour video the company talked about its history, achievements and its plans to contribute to the fight against global warming, but most importantly...

28 September 2022 4
Tata's Tiago.ev starts at €11,000 with a 19.2kWh battery and 250km range

Tata's Tiago.ev starts at €11,000 with a 19.2kWh battery and 250km range

Indian automaker Tata Motor's latest announcement is the Tiago.ev - a compact city car that starts at just ₹849,000 - around €10,800, or $10,300. For that starting price, you get a 19.2kWh battery pack, paired to a 45hp/110nm powertrain. The MIDC...

28 September 2022 3
Polestar 3 SUV with up to 510hp will debut on October 12

Polestar 3 SUV with up to 510hp will debut on October 12

If you are a Polestar fan - mark your calendar for October 12, 1PM ET or 5PM GMT. Polestar will take the covers off its first, all-electric SUV, the Polestar 3. With the official announcement, the company released some more details about its...

28 September 2022 2
687 HP Mercedes-AMG EQE SUV to be unveiled on October 16

687 HP Mercedes-AMG EQE SUV to be unveiled on October 16

On October 16, Mercedes-Benz is unveiling the upcoming EQE SUV model, the long awaited sibling to the EQE sedan. Until now, Mercedes has been quiet about the performance version of it, the AMG. We can all relax, the AMG is coming and it will be...

27 September 2022 1
Pony.ai introduces a robotaxi concept with foldable steering wheel

Pony.ai introduces a robotaxi concept with foldable steering wheel

Pony.ai is a Chinese startup working on self-driving technologies, but having the backing of Toyota and Nio it's not just another potential vaporware. It works with the Chinese carmaker giant SAIC Motor to deliver the first mass-produced robotaxi...

27 September 2022 1
E-tron prototype signals middle-life upgrades for electric Audi SUV

E-tron prototype signals middle-life upgrades for electric Audi SUV

Audi took the wraps off its E-tron Prototype during the German E-Cannonball rally. Despite the car having “prototype” plastered all over it, according to the sources from Audi - this is a production-ready preview of the updated Audi e-tron. The...

27 September 2022 0
671 HP Wiesmann Thunderball goes on sale at €300,000

671 HP Wiesmann Thunderball goes on sale at €300,000

Wiesmann Thunderball was unveiled a few months ago and it created quite a wave across the automotive industry. Its classic, unmistakable looks paired with 671hp electric powertrain, a lightweight 1,700kg body and a decent 500km range are a recipe...

27 September 2022 3
The New DS 3 is a subtle facelift of the DS 3 Crossback with new 54kWh battery

The New DS 3 is a subtle facelift of the DS 3 Crossback with new 54kWh battery

Stellantis marked Paris Fashion Week, Womenswear Ready-to-Wear Spring-Summer 2023 with the announcement of the new DS 3, a subtle facelift and name-change of the DS 3 Crossback. The design is the bigger talking point in Stellantis' presentation...

27 September 2022 0
2023 Peugeot e-208 boosts the power and range

2023 Peugeot e-208 boosts the power and range

Peugeot has just announced the 2023 version of its e-208, which brings more power and more range. The French automaker's smallest electric hatchback will use the tech from its bigger sibling, the e-308. 2023 Peugeot e-208 - changes are hidden...

27 September 2022 4
Next generation Honda NSX will be an all-electric masterpiece

Next generation Honda NSX will be an all-electric masterpiece

First generation Honda NSX broke the status quo, it took on seasoned supercars and it won at their game. It was a timeless piece of engineering that commands 6 figure prices for a decent example nowadays, if you can find one. The second...

26 September 2022 4
VW's PowerCo launches European battery materials production joint venture with Umicore

VW's PowerCo launches European battery materials production joint venture with Umicore

Today Volkswagen Group's new battery company, PowerCo, entered a joint venture with Umicore for battery materials production in Europe. The new company will be based in Brussels and will invest 3 billion euros (of which half will come from PowerCo...

26 September 2022 0
Xiaomi-backed startup announces electric sports car

Xiaomi-backed startup announces electric sports car

China Car Custom announced it is to join the car-making race and shift away from the car modifying it specialized in so far. The company is backed by Xiaomi and Liu De, senior vice-president, is one of the directors of the CCC. The electric...

26 September 2022 9
Tesla's Gigafactory in Berlin caught fire, activists call for production stop

Tesla's Gigafactory in Berlin caught fire, activists call for production stop

When Tesla was in the early stages of negotiation with the German government, activists were against the company building its Gigafactory Berlin on the grounds of potential water contamination and other environmental issues that may arise. Well, a...

26 September 2022 1
Li Auto Li L7 will start at $49,000 according to leaked specification

Li Auto Li L7 will start at $49,000 according to leaked specification

Li Auto Li L9 was just launched, its smaller sibling the L8 only was subsequently spotted still wearing a full camouflage despite its official launch happening this Friday. And now we have the first leaks about the next model in the lineup - Li...

26 September 2022 0
China extends EV purchase tax exemption for another year

China extends EV purchase tax exemption for another year

The Chinese EV buyers can relax a little, the EV tax exemption the country was enjoying and which was meant to expire by the end of this year, has been extended for 2023. The government bodies - Ministry of Finance, State Taxation Administration and...

26 September 2022 0
GMC Hummer EV reservations stopped due to high demand

GMC Hummer EV reservations stopped due to high demand

This is it folks - if you were hoping to bag one of the GMC Hummer EV trucks, you gonna have to wait a while longer. Much longer in fact, with 90,000 preorders and counting, GMC closed the order books because it simply cannot produce the trucks in a...

25 September 2022 0
PetroChina joins CATL and SAIC to offer EV battery swap services

PetroChina joins CATL and SAIC to offer EV battery swap services

When you see four of the biggest Chinese companies joining forces to do a business together, you know it’s a serious idea. When two of them are the two biggest oil producers and distributors, and the other two are the biggest battery manufacturer...

24 September 2022 0
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