Volvo Car Group announced on Monday that they've entered into a joint venture with Swedish battery maker Northvolt for the development of sustainable batteries that will be installed in its electric vehicles. As a result of this deal, Northvolt will become Volvo's exclusive battery cell production partner in Europe.
This...
EV maker Tesla Inc revealed on Saturday its electric vehicle delivery figures for the third financial quarter, significantly exceeding experts' estimates. As Elon Musk urged staff to "go super hardcore" in their Q3 sales push, Tesla deliveries surged by 20% in the period of July to September, thus marking...
With the aviation industry in shambles following the outbreak of the coronavirus pandemic last March, engine maker Rolls-Royce plummeted to a record 4 billion-pound ($5.6 billion) loss for 2020. According to the British company's chief executive, the engine manufacturer still has enough funding to bounce back from this historic...
Electric scooter company Bird announced on Wednesday that it is in the process of merging with blank-check company Switchback II Corporation in an effort to go public. The deal is expected to cost the shared electric scooter mobility startup $2.3 billion.
In order to help fund the deal, Bird announced...
The industrial safety department of the Indian state of Tamil Nadu conducted an investigation of Renault-Nissan's India plant, in order to determine if the facility was indeed complying with the state's coronavirus safety guidelines. According to Reuters, the state released a report in which it concluded that the Renault-Nissan...
EV manufacturer Tesla reported its quarterly earnings on Monday, triggering a 7% increase in the EV maker's stock. This comes after the Elon Musk-led company posted record quarterly earnings for the period between January and March.
In an announcement on Friday, Tesla revealed that it delivered 184,800 vehicles in the...
Electric vehicle maker Tesla saw its revenue cut in half in the first quarter of 2024 compared to the same period last year. But despite this, the company’s stock saw a 12% jump on Wednesday thanks to promises of an earlier production of a cheaper EV model.
It was previously...
General Motors confirmed on Thursday its intention to market its all-electric Cadillac vehicles in Switzerland as well as other European countries. This marks the company's return to the European market after selling the Opal and Vauxhall brands in 2017.
Jaclyn McQuaid, GM's European market head explained that direct-to-consumer sales of the...
Hyundai has lowered the starting price of the 2026 IONIQ 5 N to $59,900 while adding a native NACS port and other updates.
Kia has unveiled the Syros EV in India with two battery choices, fast charging, and a starting price expected to make it the brand’s cheapest electric model there.