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Croatian EV supercar maker Rimac raised 500 million euros to make parts for Big Auto rivals

Rimac Group, the Croatian company best known for its 1,900 horsepower Nevera electric sports car, said it has raised 500 million euros (about...

Volkswagen chief says German car giant will overtake Tesla on electric vehicle sales by 2025

The chief executive of Volkswagen believes Europe's biggest carmaker can overtake Tesla to become the world's largest seller of electric vehicles by 2025.Speaking...

Why China will likely recover more slowly from the latest Covid shock

As Shanghai tries to reopen businesses, one downtown district over the weekend banned residents from leaving their apartment complexes again for mass virus...

These EV battery stocks will dominate — despite the threat posed by Tesla, Bernstein says

Automakers are increasingly piling into EV battery production, but Bernstein thinks these pure-play battery stocks will continue to dominate. "Vertical integration by auto...

Renault reveals electric-hydrogen hybrid concept car, says it will have range of up to 497 miles

Details of Renault's Scénic Vision concept car were presented to the public on May 19, 2022. The firm's idea of developing a passenger...

Ford-backed robotaxi startup Argo AI is ditching its human safety drivers in Miami and Austin

Argo AI begins driverless operations in Miami and Austin.Courtesy: Argo AIRobotaxi startup Argo AI said Tuesday it has begun operating its autonomous test...

After the ‘hippie’ bus and the Beetle, VW has its eyes on America once again

As Volkswagen looks to resurrect the Scout brand in the United States, CEO Herbert Diess has shed light on the decision, saying it...

‘We see a big recession in the making’: Top CEOs are fearing the worst in Europe

Top European CEOs are fearing a euro zone recession as a confluence of economic shocks continues to threaten the outlook for the bloc.Alex...

Robotaxis haven’t taken over the streets, but that doesn’t mean self-driving cars are all hype

It's 2022. We were supposed to have robotaxis by now. What happened? Source link

Top autos CEO warns of battery supply scarcity as EV competition heats up

In 2021, Volvo Cars said it planned to become a "fully electric car company" by the year 2030, a move which will require...

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