Volkswagen has raised its planned investment in electric and digital vehicle technologies to 73 billion euros ($ 86 billion) over the next five years, as it seeks to hold its crown as the world's largest automaker in a new green era. Under a plan unveiled on Friday, Volkswagen said it would sp...
Nov 12, 2020
The BMW iX is the first model to adopt a new scalable modular architecture on which the future of the BMW Group will be built. The new BMW iX redefining the successful Sports Activity Vehicle (SAV) concept and is designed to deliver an exciting driving experience. BMW's new flagship technology featu...
Nov 6, 2020
Electric cars and the electric vehicle infrastructure were a big talking point at this year's auto show. From Indian automakers like Tata Motors to global giants like KIA engines, many brands have showcased their latest entries on the main EV frame. A collection of electric cars was showcased at Aut...
Oct 22, 2020
The Hummer EV is in part a response to Tesla Inc's Cybertruck, which has a completely different but equally attractive design and a bevy of extreme performance features.General Motors Co said it sold the first year's worth of its GMC Hummer EV electric pickup truck after releasing a video on Tuesday...
Sep 24, 2020
Volkswagen hopes to replace Tesla's premium Model Y powertrain by offering the Volkswagen ID.4 at a lower price. Volkswagen, the US subsidiary of Volkswagen, unveiled its ID.4 electric sports car and its pricing strategy aimed at opening a new front in competition with Tesla Inc and other automaker...
Sep 9, 2020
General Motors said on Tuesday that it is acquiring an 11% stake in US electric truck maker Nikola Corp, worth about $ 2 billion, and will team up with the company to make a pick-up truck.Nikola's Shares rose more than 30% to $ 46.30 in pre-market trading after GM's investment, helping the company t...