Jaclyn Trop
BMW plans to invest $1.7 billion to build at least six EV models in the U.S. by the end of the decade.
The investment announced Wednesday includes $1 billion toward BMW’s factory in Spartanburg, South Carolina and $700 million to fund a new battery cell plant nearby.
The factory, which...
Rolls-Royce plans to deliver its first EV, the Spectre two-door coupe, to customers late next year as it transitions toward becoming a fully electric brand by 2030.
The company estimates that the Spectre will travel up to 260 miles on a fully charged battery, deliver 577 horsepower and zip...
EV maker Polestar has unveiled the Polestar 3, its first SUV designed to help propel the startup to bona fide mass market automaker.
Priced from $83,900, the 489-horsepower Polestar 3 will achieve an estimated 300-mile range, according to Polestar – a competitive set of figures designed to compete with...
Halo Car, a Las Vegas-based startup that combines teleoperations and car sharing, said it will remove the human safety operator from behind the wheel later this year — the last hurdle before its commercial launch.
The milestone would mean Halo Car will use humans to remotely control vehicles through...
EV startup Arrival said Friday it has produced its first battery-electric van, a significant step toward its goal to deliver the vans to commercial customers at scale.
The Arrival van is the first vehicle built at the company’s Microfactory in Bicester, U.K., which uses autonomous mobile robots instead of...
Porsche plans to go public on Thursday at a $73 billion valuation, catapulting the company to become the world’s fourth-most valuable automaker and netting billions of dollars for parent company Volkswagen to advance its drive toward electric vehicles.
The initial public offering for Porsche AG on the Frankfurt Stock...
BMW raised the curtain Tuesday on a high-performance plug-in hybrid SUV meant to lure buyers from the ultra-luxury segment’s Lamborghini Urus and Aston Martin DBX.
The BMW XM full-size SUV is the first electrified model from the brand’s race track-ready M badge. Starting just below $160,000, the 644-horsepower crossover...
Volkswagen is partnering with a Belgian technology group to produce battery materials in Europe, the latest in a spate of industry-wide deals to create a circular battery economy that can meet that can meet production targets as automakers shift toward EVs.
The $3 billion joint venture between Volkswagen Group’s...
Volkswagen is partnering with a Belgian network operator to integrate electric vehicles into the power grid, as more EVs take to the road amid rising energy costs.
Volkswagen’s charging unit Elli and re.alto, a startup owned by Brussels-based Elia, signed a memorandum of understanding on Friday to collaborate on...
General Motors is partnering with a Canadian battery recycler to produce new batteries from recovered battery materials, as it aims to scale EV production in North America amid supply shortages and rising costs.
The automaker invested through its GM Ventures arm in a Series A financing round for Lithion...
