Electric Vehicles

Amazon has a massive stake in Rivian, SEC filing shows

E-commerce powerhouse Amazon has disclosed a 20% ownership stake in Rivian, an electric vehicle company from Normal, Illinois, a filing…

Tesla’s groundbreaking influence in EV sector appreciated by VW and Ford CEOs

Tesla's groundbreaking influence in the electric vehicle sector has been recognized by Volkswagen AG CEO Herbert Diess and Ford CEO…

$12,500 EV Tax Credit included in revised Biden Build Back Better plan

The $12,500 Electric Vehicle Tax Credit has been included in the most recently revised version of President Biden's Build Back…

GM aims to catch Tesla’s EV market share by 2025

General Motors CEO Mary Barra says the Detroit automaker is "absolutely" capable of catching Tesla's EV market share in the…

Toyota, Stellantis, Ford, and other OEMs begin serious battery production push

It seems like legacy automakers, including Toyota, Stellantis, Ford, and General Motors, are starting to embrace the EV transition. Detroit’s…

Volkswagen boss Diess warns a slow shift to EVs could leave 30,000 employees jobless

Volkswagen Auto Group CEO Herbert Diess met with a company supervisory board in September with a stern warning: a slow…

Lucid announces DreamDrive: a ‘user-friendly, future-ready’ Advanced Driver Assistance System

Lucid Group has announced the details of its Advanced Driver Assistance System (ADAS), DreamDrive, which it calls "the most technically…

GM goes all-in on EV battery development with new Michigan facility

General Motors is going all-in on its electric vehicle investment. The legacy automaker announced today that it would be building…

Lordstown Motors continues cash flow woes, sells Ohio plant to iPhone manufacturer Foxconn

Lordstown Motors, an electric vehicle startup based in Ohio, has announced that it has agreed in principle to work jointly…

Rolls-Royce eras in an all-electric plan by 2030, unveils Spectre EV

Rolls-Royce has a rich 115-year history of building iconic, legendary, and luxury automobiles to the select few who are willing…

Polestar aims for $20B valuation in planned merger with Gores Guggenheim

Swedish electric car startup Polestar is already backed by countrymate Volvo, but the automaker is now planning to merge with…

Cadillac LYRIQ reservations sold out in just over ten minutes

Cadillac announced earlier this week that reservations for the LYRIQ EV sold out in just over ten minutes, marking an…

GM confirms Chevy Bolt EV battery production has resumed

General Motors announced that battery production for the Chevy Bolt EV is once again underway. Battery production resumed on Monday,…

Apple to develop its EV independently, axing plans for collaboration

Apple's heavily rumored electric car will be developed independently, according to sources in Korea. Apple was in talks with several…

Ford Mustang Mach-E becomes British Police preference

British Police Forces in the United Kingdom are examining the advantages of adding electric cars to their fleets. Ford's Mustang…

Toyota plans $13.6B spending spree to develop EV battery tech by 2030

Toyota Motor Corporation announced on Tuesday that it will spend a massive $13.6 billion, or 1.5 trillion yen, on battery…

Rivian seeks $80B valuation in confidential IPO filing

Rivian has filed for its Initial Public Offering (IPO) with the SEC confidentially and is seeking an initial valuation of…

How the Chevy Bolt EV became GM’s 1.8 billion dollar problem

General Motors has already spent $800 million on recalls of the Chevrolet Bolt EV due to defective battery cells that…

Tesla’s Elon Musk gives Rivian invaluable advice on manufacturing

Tesla CEO Elon Musk gave electric vehicle startup Rivian a bit of invaluable advice regarding manufacturing efforts that could help…

Ford puts its money where its mouth is for EVs as ICE cars take a back seat

Ford is putting its money where its mouth is, pledging to spend more money on electric vehicles than the internal…