Though rumored for years, Volkswagen Group has now finally confirmed its interest in taking its Porsche subsidiary public. VW Group on Tuesday said it was in “advanced discussions” regarding an initial public offering of Porsche. The talks are primarily between VW AG’s board and the board of its main shareholder, Porsche SE, the holding company …
Porsche reportedly plans to invest about €500 million ($567 million) at its plant in Zuffenhausen, Germany, to build the fully electric successors to its 718 line of entry models, the Cayman and Boxster. According to German auto industry website Automobilwoche, which cites unnamed sources, Porsche will start production of the 718’s battery-powered replacements next year. …
Porsche To Start Producing The 718’s Electric Successor In 2023 Read More »
Polestar aims to build a truly climate-neutral car by 2030—in that it will not only eliminate emissions from driving but from every different aspect of production, and even sales and support. That’s a lofty goal—especially considering that the project, called the “Polestar 0 Project,” won’t resort to offsetting carbon emissions merely by planting trees. Such …
Polestar aims for a climate-neutral car by 2030, seeks help from suppliers and beyond Read More »
Swedish EV automaker Polestar has begun sharing its initial list of potential collaborators for its Polestar 0 Project – the company’s initiative to change the way cars are made by eliminating emissions from the entire supply chain. In addition to announcing the industry suppliers on board, Polestar is extending a global call for collaboration over …
Arcimoto teamed up with Faction to announce the new Faction D1 electric delivery vehicle based on the Arcimoto FUV, but with updated tech to make it driverless. However, the duo are playing a bit fast and loose with the term “driverless.” Technically yes, there’s no driver in the vehicle. It’s just three-wheels, an electric drivetrain …
BMW is set to launch a redesigned 7-Series later this year and included in the range will be an electric variant dubbed the i7. We’ve already spotted prototypes for the i7, and BMW on Tuesday provided an update on the progress of its development. Shown here are prototypes undergoing some final tests aimed at optimizing …
BMW i7 electric flagship sedan completes final tests ahead of 2022 launch Read More »
The next-generation Mercedes-Benz E-Class has been spotted testing again, in sedan guise. The current E-Class arrived for the 2017 model year and was given a mid-cycle update for 2021. In Mercedes tradition, we should see the redesigned E-Class arrive in 2023 as a 2024 model. The design looks to be taking on a more dynamic …
2024 Mercedes-Benz E-Class spy shots and video: Next-gen mid-sizer takes shape Read More »
Toyota CEO Akio Toyoda has been appointed to the FIA senate, making him the first automotive CEO appointed to that body. The FIA is the governing body for world motorsport and the federation of the world’s leading motoring organizations. Toyoda is one of four new “independent members” proposed by FIA president Mohammed Ben Sulayem, according …
Toyota CEO, Akio Toyoda, appointed to FIA senate Read More »
After selling some 603,783 plug-in vehicles (593,745 cars and 10,038 commercial vehicles) in 2021, BYD was expected to aim afor 1.1-1.2 million in 2022. However, according to the latest info (via CnEVPost), the largest Chinese plug-in manufacturer might sell even more BEVs/PHEVs this year. The report says that BYD released a set of targets for …
BYD Sales In 2022 Might Reach 1.5 Million Plug-In Cars Read More »
Mazda has revealed new details and an interior teaser image of its first-ever plug-in hybrid, the all-new CX-60 PHEV that will be unveiled on March 8. A distinct model to North America’s CX-50, the CX-60 plug-in hybrid crossover is the first of two new models from Mazda’s Large Product Group that will be introduced throughout …
Mazda CX-60, The Brand’s First PHEV, Teased Ahead Of March 8 Debut Read More »