The Volkswagen Group hit a milestone after revealing 1 million electric vehicles have been produced on its MEB electric car platform.
Expand Expanding CloseVolkswagen Group hits 1 million mark in MEB-based EV production milestone
Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles. He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising. For questions or comments, you can email him at Peter@electrek.co. You can also follow him on Twitter @EVPeteJohnson.
The Volkswagen Group hit a milestone after revealing 1 million electric vehicles have been produced on its MEB electric car platform.
Expand Expanding Close
Jeep and RAM owner Stellantis plans to release an affordable EV next year as it looks to fend off incoming competition from China.
Expand Expanding Close
To accelerate domestic battery output and establish a reliable supply chain, Japan is awarding nearly 120 billion yen ($847 million) to fuel Toyota’s newly revealed EV battery tech strategy.
Expand Expanding Close
EV startup Rivian (RIVN) is gearing up to accelerate production of its first electric SUV, the Rivian R1S, with robust demand going into next year.
Expand Expanding Close
EV maker NIO has officially launched its first electric station wagon, the ET5 Touring. The electric tourer (or station wagon) is developed with the European market in mind and is set to rival BMW, Porsche, and other premium automakers in their home territory.
Expand Expanding Close
One of the first questions when it comes to electric trucks is, can they tow? (Spoiler, they can.) To answer this, Youtuber Truck King tested the Ford F-150 Lightning by towing a 35-foot travel trailer that weighs 7,200 lbs.
Expand Expanding Close
EV maker VinFast is introducing a new program starting Thursday that includes compensation if buyers encounter issues with their vehicles. VinFast says it will pay owners based on the severity of the problem.
Expand Expanding Close
Longtime Toyota leader and grandson to the company’s founder, Akio Toyoda, revealed Thursday the company is working on its first electric GR sports car.
Expand Expanding Close
Soon you can hop on a fully electric vertical takeoff and landing (eVTOL) aircraft in the San Fransico Bay area for a quick, cost-effective way of getting around while limiting emissions. United Airlines and Eve Air Mobility revealed plans on Wednesday to launch the first electric commuter flights throughout the Bay Area.
Expand Expanding Close
Ford filed a patent last week for a roof-mounted backup EV battery system designed to give you the extra juice while off the grid. The idea is likely a pipe dream, but it shows you how automakers are getting creative in the electric era.
Expand Expanding Close
As the first to ride on the Hyundai Motor Group’s next-gen “eM” electric car platform, Kia’s upcoming EV, codenamed “GT1,” is expected to be a long-range, high-performance machine.
Expand Expanding Close
The legendary Lotus Elise is going electric. Well, sort of. The designer behind the original Lotus Elise S1, Julian Thomson, teamed up with Nyobolt and CALLUM to create a Lotus Elise-inspired lightweight electric sports car with ultra-rapid charging (100% in under six minutes).
Expand Expanding Close
And it’s official. Rivian (RIVN) will lose its position on the Nasdaq-100 index (NDX) after its stock price fell over 90% from its all-time high achieved shortly after going public.
Expand Expanding Close
Rimac Automobili revealed Tuesday it had delivered its first Nevera electric hypercar to a customer in the US. One of the fastest cars in the world and the current fastest production electric car, the Rimac Nevera, was handed over to its owner by the company’s dealer in New York.
Expand Expanding Close
According to Governor Eric Holcomb of Indiana, GM is building a new $3 billion EV battery plant in the state in a new joint venture with Samsung SDI. The facility will be its fourth battery plant in the US.
Expand Expanding Close
EV maker Polestar revealed Tuesday that the 2024 Polestar 2 will start at $51,300 (including destination fee). Although the price is slightly higher than last year’s model, the 2024 version includes more range and new features.
Expand Expanding Close
At a recently held technical briefing, Toyota revealed plans for several new technologies, including next-gen EV batteries, aerodynamic drag reduction, and manufacturing upgrades to help transform the company in the electric era. After discovering a breakthrough, Toyota says it aims to offer solid-state state EV batteries that could potentially offer over 900 miles driving range.
Expand Expanding Close
The iconic Volkswagen Bug may live on in the electric era after all. On Monday, Volkswagen revealed a new digital electric Beetle concept for an upcoming animated film set to hit theaters and Netflix next month. The question is, will it come alive?
Expand Expanding Close
According to a new report, Hyundai Motor Group is forming a powerhouse EV alliance by joining forces with fellow South Korean tech giants Samsung, SK, and LG.
Expand Expanding Close
Toyota shareholders are sending a clear message at the Japanese automaker’s annual meeting this year – it’s time to go electric. Several investors have mentioned they have voted or plan to vote to remove longtime leader Akio Toyoda from the board over the automaker’s EV stance.
Expand Expanding Close
Ford made a huge announcement Monday, revealing the Cologne Electric Vehicle Center is officially open for business. The new EV center is Ford’s first carbon-neutral plant and will be the home for its next-gen EVs, including the electric Explorer and an upcoming sports crossover EV.
Expand Expanding Close
EV maker NIO revealed Monday it’s slashing prices on all of its models by $4,200 (30,000 yuan) in China in addition to ending free battery swapping services, effective immediately.
Expand Expanding Close
The Lordstown (RIDE) and Foxconn dispute is heating up. American EV startup Lordstown (RIDE) said in an SEC filing Friday it’s planning to take legal action against Foxconn over its latest investment agreement.
Expand Expanding Close
General Motors (GM) believes it has the manufacturing capacity within its existing network as the transition to EVs heats up. The automaker does not plan to close or open new plants as it looks to maximize efficiency within its current footprint.
Expand Expanding Close