Tag: EVs
Volkswagen considers expanding Chattanooga plant to make room for EV production
According to an inside source, Volkswagen is currently exploring the possibility of expanding its plant in Chattanooga, Tennessee, to accommodate the production of an...
Lucid Group to provide Saudi Arabia 50,000 electric cars over the...
California-based Lucid Group Inc. said this week that the government of Saudi Arabia has agreed to buy at least 50,000 Lucid vehicles throughout the next decade....
Lotte Chemical, Soelect join forces to expand electric car battery production...
On Tuesday, South Korea’s Lotte Chemical and North Carolina-based electric vehicle battery maker Soelect announced they had signed a memorandum of understanding indicating a...
Minister Nitin Gadkari renews offer for Tesla to make electric cars...
India’s Road Transport Minister Nitin Gadkari continues his push to get Tesla to produce vehicles in the country despite ongoing disagreements about a potential manufacturing plant...
First-quarter Kia sales drop 0.6%, operating profit climbs
On Monday, South Korea-based Kia Corp released its first-quarter results and reported a slight drop in net profit and sales. Net profit ended at approximately $825...
Controlled Thermal Resources CEO says Salton Sea is a hotspot for...
Controlled Thermal Resources (CTR) Chief Executive Officer Rod Colwell told Yahoo Finance that California’s Salton Sea might be one of the best places in the United States for...
Audi and Navistar to increase advanced safety features for school buses,...
Audi and commercial vehicle developer Navistar have announced they will be partnering to expand the development of their C-V2X technology that will be used in Audi...
Honda and General Motors to develop three new EV platforms
After announcing earlier this month that they will be partnering to develop "affordable" electric vehicles, Honda and General Motors have now stated they plan...
Tesla exceeds expectations, reports $18.8 billion revenue for Q1
Tesla released its first-quarter earnings on Wednesday, which showed it outdid expectations and saw an 81% increase in revenue year-over-year. Revenue for Q1 landed at $18.8...
BMW reveals upcoming i7 electric sedan
BMW revealed its upcoming electric i7 sedan on Wednesday, the third fully-electric car in its lineup. The automaker referred to the new vehicle as a "fully...