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Global carmakers now target $515 billion for EVs, batteries through 2030

Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis, amping up investments aimed at weaning car buyers away from fossil fuels and meeting increasingly tough decarbonization targets. Less than three years ago, a similar analysis by Reuters found car companies […]

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BMW invests in Upstream Security, aims for better in-car cybersecurity

Cybersecurity is a topic that should definitely be given a lot more attention these days. With the introduction of more and more technology inside our cars, keeping our data safe is a matter of grave importance. To this end, the Munich-based manufacturer signed a new investment, courtesy of its BMW i Ventures arm, in Upstream

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Take a Virtual Tour of the Porsche Museum’s New Special Exhibition

The Porsche Museum may be in Stuttgart, but you can take this tour anywhere. The Porsche Museum in Stuttgart has just announced that they have made a virtual tour of their new special exhibition titled “50 Years of Porsche Development Weissach.” As a celebration of the 50th anniversary since the Weissach Development Centre was opened,

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Tesla closing in on BMW in the luxury car sales race in the United States

Many have prematurely labeled Tesla as a dying brand that has no future, claiming that legacy automakers would conquer the market with their electric vehicles. However, that isn’t happening as the sales numbers don’t lie – the Palo Alto EV manufacturer is already playing in the big leagues by grabbing the third spot from Mercedes

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RM Sotheby’s Guikas Collection: 1967 Holman-Moody Ford Honker II

Presented by RM Sotheby’s – Holman-Moody was founded by John Holman and Ralph Moody. The pair had been hired by Ford in 1956—Holman as Ford’s stock car mechanic at their workshop in Charlotte, North Carolina, and Moody as a NASCAR driver. In 1957, Ford, along with other American manufacturers, was banned from official participation in

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BMW avoids signing pledge to eliminate internal combustion cars by 2040

The ongoing 2021 COP26 (Conference of the Parties) represents the 26th edition of the United Nations Climate Change Conference. Delayed for a year due to the coronavirus pandemic, the event takes place in Glasgow and focuses on the increasingly worrying climate changes and how these are negatively impacting humanity. One of the hot topics is

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