Electric Mobility News

General Motors Co will roll out details of an expanded and accelerated electric vehicle strategy on Thursday in an effort to convince investors it can be a serious competitor to Tesla Inc, people familiar with the plans said.

Adding companies with extremely high stock market values to the S&P 500 is exceedingly rare, and S&P Dow Jones Indices said Tesla's addition will generate a massive amount of trading by index funds.

Volkswagen on Wednesday said the German government's 3 billion euro ($3.57 billion) scheme to support low-emission cars sent a strong signal Berlin would help lift the country's key export industry out of the coronavirus and climate crises.

A group of major U.S. utilities, Tesla, Uber and others said on Tuesday they are launching a new group to lobby for national policies to boost electric vehicle sales

Codenamed Hyundai AX1, the new micro SUV will spawn petrol and electric versions that will be manufactured in India and will be the automaker's first mass-market electric offering.

The D1 establishes a connection between the automaker and the ride-hailing platform.

S&P Dow Jones Indices announced that Tesla would join the S&P 500 index prior to the opening of trading on December 21, potentially in two tranches making it easier for investment funds to digest.

Volkswagen is legally separating its Lamborghini supercar and Ducati motorbike brands, confirming an earlier Reuters report, as the German automaker seeks to streamline its operations and focus on mass-producting electric cars.