Jul 1, 2021 | Batteries, Electric Vehicles
Japanese carmaker Nissan and its partners plan to invest 1 billion ($1.4 billion) pounds to expand production of electric vehicles and batteries in northeast England, a major victory for the U.K. government’s efforts to attract jobs and investment following the...
Jun 17, 2021 | Autonomous Vehicles, Detroit, Electric Vehicles, Featured
General Motors’ plan back in March 2020 was to invest $20 billion over five years in electric and autonomous vehicles. That money would go toward building and equipping factories, engineering expenses, and other development costs. At the time, GM aimed to sell...
Jun 17, 2021 | Aerial Vehicles, Electric Vehicles, Entertainment
While much of the eVTOL industry has its sights set on urban air taxis or cargo transportation, entrepreneur Matthew Pearson had another idea: electric flying race cars. So in 2019, he founded two companies, Alauda Aeronautics to manufacture the aircraft and...
Jun 17, 2021 | Business, Electric Vehicles
The UK government has held talks with six manufacturers about building “gigafactory” electric car battery plants as part of its efforts to improve the prospects of the British automotive industry. The US carmaker Ford and the Korean electronics conglomerates LG and...
Jun 3, 2021 | Electric Vehicles
There’s a famous quip attributed to Henry Ford: his customers could have a Model T in any color, as long as it was black. On one small Greek island in the coming years, people will have their choice of any set of wheels they like, so long as it’s...
May 27, 2021 | Detroit, Electric Vehicles, Featured
Ford expects 40% of its global sales to be battery-electric vehicles by 2030 as it adds billions to what it’s spending to develop them. The automaker said in a presentation for investors Wednesday that it will add about $8 billion to its EV development spending from...
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