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BMW stays profitable while pouring resources into the EV development

BMW stays profitable while pouring resources into the EV development

BMW is not letting volatile market conditions deter its aggressive electric vehicle expansion plans. The company revealed strong first-quarter financials and outlined its commitment to investing in a zero-emissions future with new models and...

09 May 2024 1
Fisker's Austrian arm files for reorganization following production stop

Fisker's Austrian arm files for reorganization following production stop

A few days ago Fisker's production partner for the Ocean EV, Magna Steyr, announced that it stopped building the vehicles for the struggling company. And today, Fisker's Austrian arm, which oversaw the managing of the contract manufacturing...

08 May 2024 0
Geely unveils the new Galaxy E5 compact electric SUV

Geely unveils the new Galaxy E5 compact electric SUV

Geely has unveiled its latest offering, the compact Galaxy E5 SUV. Set to challenge the likes of VW ID.4 and Tesla Model Y, the E5 boasts competitive pricing that could make it a major EV contender, at least in China. The Galaxy E5...

08 May 2024 1
GAC joins Nio in battery swap tech development

GAC joins Nio in battery swap tech development

Chinese auto giants Nio and GAC Group have announced a new partnership centered on battery-swap technology. The deal represents a significant expansion of Nio's battery swap network, opening it to one of China's largest automakers and potentially...

08 May 2024 0
Lucid to go mainstream with $48,000 midsize electric crossover

Lucid to go mainstream with $48,000 midsize electric crossover

Lucid, the luxury electric vehicle maker known for its high-performance Air sedan, has its sights set on the heart of the EV market. CEO Peter Rawlinson confirmed a target price of around $48,000 for the company's upcoming midsize crossover SUV, a...

08 May 2024 4
Lucid Motors kept bleeding money in Q1 2024

Lucid Motors kept bleeding money in Q1 2024

Lucid Motors published its financial report for the first quarter of this year and there seem to be some good news, but more bad ones. The good news is that the company sold 39% more Airs compared to Q1 of 2023. However it still reported a $598...

08 May 2024 0
Affordable Kia EV3 launches on May 23

Affordable Kia EV3 launches on May 23

Kia's upcoming EV3, a fully electric crossover is set to debut on May 23. With an estimated starting price of $32,000 in the US, it could become one of the most budget-friendly electric crossovers on the market. Kia EV3 teaser image This...

07 May 2024 2
The $11,990 Eli Zero microcar is now available to reserve in the US

The $11,990 Eli Zero microcar is now available to reserve in the US

The Zero microcar from new brand Eli has reportedly been quite successful across the world, and now it's launching in the US. It's not available yet, but you can reserve one for a fully refundable $200. Its MSRP is $11,990, and reserving one will...

07 May 2024 5
BMW releases M Performance parts for the i5 Touring

BMW releases M Performance parts for the i5 Touring

The new BMW i5 Touring is wagon now offers the option of adding BMW M Performance Parts, taking its driving dynamics, style, and efficiency to even greater heights. The BMW M Performance Parts are designed specifically for the i5 mode...

07 May 2024 0
Apple's electric car ambitions tipped to live on through Rivian partnership

Apple's electric car ambitions tipped to live on through Rivian partnership

Rumors are swirling that a partnership between Apple and electric vehicle maker Rivian could be on the horizon. While Apple's own EV project, known as Project Titan, was shelved earlier this year, supply chain sources are hinting at a potential...

07 May 2024 16
Huawei, CATL and Changan target Tesla Model Y with the sleek new Avatr 15

Huawei, CATL and Changan target Tesla Model Y with the sleek new Avatr 15

Chinese carmaker Avatr, a collaborative effort between Changan, Huawei, and CATL, is taking direct aim at Tesla's dominance in the electric SUV market. The company is set to launch the all-new Avatr 15 sometime in the latter half of 2024, a stylish...

06 May 2024 4
Spy shots reveal interior of BYD-backed Denza Z9 GT

Spy shots reveal interior of BYD-backed Denza Z9 GT

Denza, the electric vehicle brand with ties to both Mercedes-Benz and Chinese powerhouse BYD, is getting ready to shake up the premium EV segment with its upcoming flagship EV, the Z9 GT. With a potent tri-motor setup, a spacious, tech-filled...

06 May 2024 1
Fisker in deep water as production of Ocean EV scrapped by partner

Fisker in deep water as production of Ocean EV scrapped by partner

The outlook for the Fisker Ocean electric SUV is looking grim as contract manufacturer Magna International hits pause on building more of the vehicles. While enthusiasts of Fisker hoped the Ocean would be a rising star in the competitive EV market,...

06 May 2024 1
Tesla unlocks extra miles for Model Y

Tesla unlocks extra miles for Model Y

Tesla has pulled a surprise play on its most affordable Model Y version. The automaker quietly discontinued its short-range, rear-wheel-drive model, replacing it with a longer-range RWD version. But there's an intriguing twist: owners of recently...

06 May 2024 5
BMW iX2 xDrive 30 real life range test

BMW iX2 xDrive 30 real life range test

The BMW X2 is a sporty little SUV-coupe, which recently entered its second generation, getting bigger and better. The grown-up iX2 is the electric version of the regular X2 and while their style is polarizing they do share many luxury features with...

05 May 2024 0
The Nissan Townstar Evalia wants to be your ultimate electric family wagon

The Nissan Townstar Evalia wants to be your ultimate electric family wagon

Busy families and weekend adventurers - meet the Nissan Townstar Evalia. This all-electric workhorse transforms into a comfy seven-seater in a flash. No more wrestling with kids in cramped vehicles; this versatile van promises to revolutionize your...

03 May 2024 3
Tesla’s new voice assistant and Amazon Music ready to hit the road

Tesla’s new voice assistant and Amazon Music ready to hit the road

Recently uncovered code hints at the imminent arrival of Tesla's own voice assistant and the long-awaited addition of Amazon Music streaming to the onboard entertainment system. Known for regularly adding features with over-the-air updates, Tesla...

03 May 2024 1
Rivian secures government incentives for Illinois expansion

Rivian secures government incentives for Illinois expansion

Electric vehicle startup Rivian is ready to expand its Illinois operations after securing a massive $827 million incentive package from the state. The planned expansion means the company could accelerate the rollout of its highly anticipated R2 SUV....

03 May 2024 0
Tesla is scaling back on gigacasting ambitions

Tesla is scaling back on gigacasting ambitions

Tesla has reportedly hit the brakes on its groundbreaking gigacasting manufacturing process. Originally intended to create the entire underbody of new Tesla models from a single piece, anonymous sources familiar with the matter suggest the company...

02 May 2024 2
Citroen Ami gets a new color, a new version, and a modular cargo kit for its fourth anniversary

Citroen Ami gets a new color, a new version, and a modular cargo kit for its fourth anniversary

2020 is probably a year most people wouldn't like to remember, but for Citroen it was a pivotal moment - the time when it introduced the Ami. The now-four-year-old vehicle is celebrating its birthday by changing its color to a new Night Sepia hue,...

02 May 2024 0
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