Electric Cars News
Stellantis To Invest 30 Billion Euros To Develop EVs
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.
Samsung's EV Battery Business Became Profitable In Q2
Jul 8, 2021 06:35 PM
The market leader in the EV battery space is CATL which supplies to the Tesla gigafactory in China.
Volkswagen Planning To Sell $1 Billion Stake In Electrify America
Jul 8, 2021 03:49 PM
Volkswagen probably wants to reduce its capital expenditure on Electrify America considering its gargantuan investments in the EV space.
Renault's HYVIA Hydrogen Venture To Sell Products Throughout Europe
Jul 8, 2021 03:37 PM
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
Hyundai To Invest In SolidEnergy Systems
Jul 8, 2021 01:13 AM
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.
Bentley To Launch Electric Car By 2025
Jul 7, 2021 11:15 PM
The company also promises that it will also be the first luxury car in the world to be carbon neutral over its entire life.
Elon Musk Says Tesla Plaid UI Coming To Model 3 & Y With FSD Release
Jul 7, 2021 09:19 PM
While there is still no timeline for these updates, the new Tesla Model S Plaid has launched with a new user interface which Musk calls "mind of car".
Stellantis Announces First Plant Dedicated To EVs In UK
Jul 7, 2021 07:53 PM
2022 onwards this plant will produce compact electric vehicles for Vauxhall, Opel, Peugeot and Citroen which will be sold not just in the UK.
Alibaba Backed AutoX Achieves True Driverless Robot Taxi Service In China
Jul 7, 2021 06:44 PM
The AutoX cars have 28 cameras capturing a total of 220 million pixels per second coupled with six high-resolution LiDARs offering 15 million points per second.