That’s $3 billion in profit, $1 billion a month or about $33 million a day - in operating profit. This is when every manufacturer out there is struggling with chain supply issues and shortages of raw materials. Even the factory lockdown in China...
Volvo has ambitious goals of going 100 percent electric by 2030 and created an investment fund called Volvo Cars Tech Fund to secure collaboration with other companies on EV development. First agreement was signed with Northvolt, biggest battery...
The Ford-owned Lincoln Motors just announced that it's gearing up for an electrified future. By 2026, the company is planning to release four new EVs with the brand's logo and to celebrate 100 year in the automotive industry, the company introduced...
BMW's first all-electric 7 series is here. The BMW i7 is now official, alongside the combustion-engined 740i and 760i. We've seen both leaks and official teasers, which painted a comprehensive picture of what BMW's first all-electric luxury sedan...
Today Lexus launched its first EV - the brand new RZ450e. As pointed by our readers, it's not actually THE FIRST battery powered Lexus - that title goes to UX300e which shared the platform with Toyota C-HR and the platform had a designation GA-C. It...
The official unveiling of the new BMW i7 and 7 goes live at noon UTC but if you don't want to wait that long you can check out this link for a bunch of leaked photos. If you don't like spoilers then don't touch that link! There's still plenty of...
Make yourself comfortable, grab cup of tea and some snacks and let's watch the unveil of the latest Lexus RZ450e together. Although the many leaks over last few days leave very little surprise - we can still hope Lexus will put on the show. Here it...
BMW's i7 luxury sedan is coming later today, but there's still time to squeeze in the last leak, which shows the car from nearly all angles. Seemingly from the same batch that arrived last week, these images give us a glimpse at the front, the...
Games on a car's infotainment system aren't a new concept. In fact, Mercedes is selling a game bundle to go with its EQS and Tesla has an Arcade mode available on some of its vehicles. The latest brand to jump on the gaming bandwagon is...
Designed from the inside out, Audi's new concept urbansphere EV puts passenger comfort above all else. Audi says the car has been designed for the busy streets of Chinese megacities but the vehicle can easily find a home in other densely-populated...
Today Mercedes-Benz unveiled its new EQS SUV, an all electric luxury seven seater based on the same platform as EQS. Mercedes claims 660km WLTP range for the 450+ model, although the numbers are provisional as official testing hasn't completed just...
Wall Street Journal has recently interviewed RJ Scaringe, the CEO of Rivian and he warned us that the next 20 years will be “make-or-break” time for many of the automakers. The CEO compared current supply chain issues and chip shortage to a “small...
Earlier this month, China's largest EV maker, BYD, decided to stop manufacturing internal combustion engine vehicles with no electrification features. It is to focus exclusively on EVs and plug-in hybrids, and in the light of its newly outed profit...
Huawei is expanding EV range with the Aito M7. Aito is a brand used by Huawei with the its first car M5 launching back in 2021 and now, not even a year later we have a second model - the M7. As the name suggests it is going to be a bigger car,...
Audi will unveil its Urbansphere concept tomorrow at 10AM UTC at an online event. The concept car was scheduled to make its debut at the now-canceled Beijing Auto Show. The Urbansphere is the third of Audi's Sphere concept cars after the sports...
EVOGO has become the second battery swap service available in China, after the NIO pioneers. The new service was announced back in January and is part of CATL - China’s largest battery maker. The charges start at around £62 for a battery block and...
Thanks to eagle-eyed car fan in China we have a set of photos of an undisguised Smart #1. What is even better is the fact that this is no ordinary Smart #1 - this is the Performance model that looks to be ready for production. Let’s talk about what...
Lotus launched its new Eletre configurator with plenty of cool features. Depending on your hardware, the 3D renders could take a while to load but there are plenty of features to play around with. Lotus Eletre You can change the color,...
This year has started with three price rises for Tesla and we are sure that’s not the end of it. As Tesla is getting bigger and bigger, the costs are getting higher and the pursuit of profits is intensifying. The victim - Tesla’s original policy of...
Our latest test drive is with the NIO ET7, a luxurious high-class sedan made by NIO, a company famous outside of China for its EP9, which posted the fastest lap record at the Nurburgring. NIO, however, is becoming more and more well-known for...
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