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British sports automaker Lotus said on Tuesday it will spend over two billion pounds ($2.78 billion) in new technology and in massively expanding production of its sports car models, and
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China’s Xiaomi said Tuesday that it will spend $10 billion over the next decade in a subsidiary dedicated to the “smart electric vehicle business”. The company said in a stock
BMW expects at least half of its sales to be zero-emission vehicles by 2030, setting a more conservative target compared to some competitors in the race to embrace cleaner driving.
Electric automaker Fisker Inc said it will work with Apple Inc provider Foxconn to produce over 250,000 vehicles a year starting in late 2023, sending its shares increased 18%. The
Baidu has appointed a CEO and decided on a brand for its electric vehicle (EV) venture with Zhejiang Geely Holding, the Chinese search engine giant said on Thursday. Robin Li,
A Quick Look at The Latest Safety Info In 2013, the electric car company Tesla made headlines for all the wrong reasons. A few months after Tesla released its Model S,
Electric-vehicle startup Rivian, which is backed by Amazon.com and Ford Motor, is looking to go public as soon as September at a valuation of about $50 billion or higher, Bloomberg
Ford Motor has decided to terminate plans to start electric vehicle joint ventures with China’s Zotye Automobile, the American automaker said on Thursday. It said that China’s electric vehicle industry
Nissan Motor said on Wednesday all its “new vehicle offerings” in major markets would be electrified by the early 2030s, as part of the automaker’s on-going to achieve carbon neutrality
Volkswagen has hired Elke Temme, a well-known executive at RWE, to head the automaker’s newly formed division for energy and electric vehicle charging, it said on Monday. Temme’s move is
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