Electric Cars News

Tesla has unveiled a supercomputer that could be the 5th fastest in the world which will be the basis for the training of the computer vision system

Volkswagen originally claimed that the vehicle would come with all-wheel-drive with 364 bhp, an 111 kWh battery and a range of 432 kilometres

It is clear, there is a tacit admission that electrification is the future, both for Stellantis which has a decent portfolio on the PSA side of things

Stellantis plans to invest more than 30 billion euros through 2025 in electrification and software development, including equity investments made in joint ventures to fund their activities.

The market leader in the EV battery space is CATL which supplies to the Tesla gigafactory in China.

Volkswagen probably wants to reduce its capital expenditure on Electrify America considering its gargantuan investments in the EV space.

HYVIA Hydrogen, the joint venture company between Renault and U.S. company Plug Power, plans to sell products throughout Europe, and will assemble fuel cells and hydrogen refueling stations at the Flins factory in France in late 2021

The South Korean major has a big ambitions towards turning into an EV brand. It has launched a new brand called IONIQ for the same.