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Tesla is seeing another potential competitor in the electric vehicle market. Polestar, Volvo’s standalone electric vehicle brand, is revealing its Polestar 2 model, a five-door car that will have two
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Volkswagen (VW) is purchasing a controlling stake in Volvo’s WirelessCar, a digital service developer skilled in connected driving, for 1.1 billion Swedish crowns ($122 million), the companies stated on Wednesday.
The U.S. head of Nio Inc, an electric automaker viewed as one of the major Chinese rivals to Tesla Inc, will depart from the company, the firm stated in a
Volvo Cars thinks about assembling plug-in hybrid variant of its premium SUV XC 90 in India from 2019 Swedish automaker Volvo Cars is thinking about assemble plug-in hybrid variant of
Volkswagen CEO Herbert Diess on Friday stated he expected the multi-brand automaking group to be the most profitable manufacturer of electric cars due to economies of scale. Even first generation
Volkswagen could build up to fifty million electric cars on its new electric vehicle platform and is looking at broadening its manufacturing footprint in the United States, Chief Executive Herbert
Audi on Monday staged the worldwide launch of a new electric sport utility vehicle on the home turf of competitor Tesla Inc, and highlighted a deal with Amazon.com Inc to
Toyota Motor will construct another capacity at its auto plant in China’s Guangzhou, a company source stated, in addition to beefing up production at a factory located in Tianjin city
German automaker Daimler on Thursday stated it was looking forward at ways to mitigate the effect of a trade war between China and the United States, a step which consist
Ford Motor stated on Tuesday it was creating a separate $4 billion unit to house its self-driving vehicle projects and is looking outside investors, after a similar move in May
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