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Industry

Everything We Know About Volkswagen's Revived Scout Brand Points to a Start-Up Approach
Everything We Know About Volkswagen's Revived Scout Brand Points to a Start-Up Approach

12 May 2022, 13:57 UTC · By: Cristian Agatie / Volkswagen has confirmed the intention to revive the Scout brand, with plans to build rugged electric pickups and trucks in the U.S.

 
Tesla Sources the Bulk of Its Raw Materials Directly From the Mines
Tesla Sources the Bulk of Its Raw Materials Directly From the Mines

12 May 2022, 11:35 UTC · By: Cristian Agatie / Tesla's 2021 Impact Report shares rare details about the EV maker’s supply chain, with many raw materials being sourced directly from the mines

 
Lordstown Factory Sale Creates a New Automaker (Foxconn) and Saves Another One
Lordstown Factory Sale Creates a New Automaker (Foxconn) and Saves Another One

12 May 2022, 10:04 UTC · By: Gustavo Henrique Ruffo / The deal was closed on May 11 and will give Lordstown $357 million for the company to stay afloat while it waits for Foxconn to make its electric pickup truck

 
Wingcopter's Delivery Drone Marks Another Milestone in the U.S. Type Certification Process
Wingcopter's Delivery Drone Marks Another Milestone in the U.S. Type Certification Process

12 May 2022, 09:23 UTC · By: Cristina Mircea / German drone manufacturer Wingcopter marked another important milestone in the certification process of its flagship delivery drone in the United States

 
Toyota Anticipates 20% Profit Dip, Blames Rising Cost of Raw Materials
Toyota Anticipates 20% Profit Dip, Blames Rising Cost of Raw Materials

11 May 2022, 16:15 UTC · By: Humphrey Bwayo / Kenta Kon, Toyota’s chief financial officer, said there’s an urgent need to work on material inflation, the automaker reported a 33% drop in its fourth-quarter

 
Gogoro Launches in Israel, Brings Its Battery Swapping Platform and E-Scooters to Tel Aviv
Gogoro Launches in Israel, Brings Its Battery Swapping Platform and E-Scooters to Tel Aviv

11 May 2022, 13:26 UTC · By: Cristina Mircea / Gogoro keeps on expanding its battery swapping network and Israel is next on its list. The Taiwanese company is coming to Tel Aviv

 
Canoo Sends Conflicting Messages to the Market While Reporting Cash Is Running Out
Canoo Sends Conflicting Messages to the Market While Reporting Cash Is Running Out

11 May 2022, 10:44 UTC · By: Gustavo Henrique Ruffo / While the startup tries to make it seem everything is under control, this is not what it was obliged to report: substantial doubt of being able to survive.

 
Musk: Tesla Ponders Closing the Order Books on Some Vehicles Due to Long Waiting Times
Musk: Tesla Ponders Closing the Order Books on Some Vehicles Due to Long Waiting Times

11 May 2022, 09:25 UTC · By: Cristian Agatie / Despite steep price hikes, Tesla EVs are in such high demand that Elon Musk thinks it should stop taking more orders on vehicles with the longest waiting time

 
Ford Sells $214 Million Worth of Shares in Rivian, Keeps 10.5% Stake
Ford Sells $214 Million Worth of Shares in Rivian, Keeps 10.5% Stake

11 May 2022, 08:15 UTC · By: Sergiu Tudose / After selling eight million Rivian shares for $214 million, Ford now holds a total of 94 million shares, which equates to a 10.5% stake

 
Volkswagen Will Revive Scout as an EV Off-Roading Brand in the U.S.
Volkswagen Will Revive Scout as an EV Off-Roading Brand in the U.S.

11 May 2022, 08:10 UTC · By: Cristian Agatie / Volkswagen is set to announce the revival of the Scout as a new sub-brand geared toward building electric pick-ups and SUVs for the U.S. market

 
Raw Material Supply Issues and Battery Shortage Are Here to Stay, Stellantis Boss Warns
Raw Material Supply Issues and Battery Shortage Are Here to Stay, Stellantis Boss Warns

10 May 2022, 17:30 UTC · By: Humphrey Bwayo / During FT Future of the Car 2022 conference, Stellantis head Carlos Tavares warned he anticipates a raw material and battery shortage in the future

 
Tesla Leads Both the U.S. EV Market and the Luxury Car Segment, Leaving Rivals in the Dust
Tesla Leads Both the U.S. EV Market and the Luxury Car Segment, Leaving Rivals in the Dust

10 May 2022, 16:46 UTC · By: Cristian Agatie / Tesla tops the EV market in the U.S. with four models in the Top 10 and at the same time extended its lead over BMW in the luxury car segment

 
Lucid Motors to Launch Lucid Air Edition P/R in Europe, First European Location in Munich
Lucid Motors to Launch Lucid Air Edition P/R in Europe, First European Location in Munich

10 May 2022, 11:08 UTC · By: Humphrey Bwayo / In a move to expand its global footprint out of the Unites States, Lucid Motors is looking to launch its luxury EV models in Europe

 
Mercedes-AMG Will Unveil Its First Dedicated EV Platform Alongside the Vision AMG Concept
Mercedes-AMG Will Unveil Its First Dedicated EV Platform Alongside the Vision AMG Concept

10 May 2022, 10:30 UTC · By: Cristian Agatie / Mercedes-Benz CEO Ola Kaellenius announced that an AMG-dedicated electric architecture will be unveiled on May 19 alongside the Vision AMG concept

 
Tesla Halts Production at Giga Shanghai Due to Supply Constraints
Tesla Halts Production at Giga Shanghai Due to Supply Constraints

10 May 2022, 09:45 UTC · By: Gustavo Henrique Ruffo / Fewer than 200 vehicles will be produced at the plant despite Tesla having all its workers living there to prevent disruptions.

 
Chinese Company Geely Eyes U.S. Market, Purchases 34.02% of Renault S.Korean Unit
Chinese Company Geely Eyes U.S. Market, Purchases 34.02% of Renault S.Korean Unit

10 May 2022, 09:05 UTC · By: Humphrey Bwayo / Chinese group Geely Automobile Holdings plan to purchase a third of Renault's S.Korean unit aiming for U.S. exports, the deal also frees up funds for Renault

 
Volkswagen Boss Thinks His Company Can Still Snatch EV Crown From Tesla by 2025
Volkswagen Boss Thinks His Company Can Still Snatch EV Crown From Tesla by 2025

10 May 2022, 08:12 UTC · By: Sergiu Tudose / The Volkswagen Group faces an uphill battle as it marches towards its self-imposed target of becoming the world’s largest electric car manufacturer by 2025

 
Lightning eMotors and Perrone Robotics Team Up to Offer Self-Driving, Commercial EVs
Lightning eMotors and Perrone Robotics Team Up to Offer Self-Driving, Commercial EVs

10 May 2022, 08:09 UTC · By: Cristina Mircea / Lightning eMotors teamed up with fully automated vehicle systems provider Perrone Robotics to offer customers self-driving, commercial electric vehicles

 
End of the Road for the Renault Scenic, Grand Scenic Will Meet the Same Fate Soon
End of the Road for the Renault Scenic, Grand Scenic Will Meet the Same Fate Soon

10 May 2022, 07:14 UTC · By: Marius Visan / End of the road for the Renault Scénic. The long version of the model, the Grand Scenic, is still on sale, but only for a few months

 
Bollinger Selects Roush as Manufacturing Partner for Its Electric Chassis
Bollinger Selects Roush as Manufacturing Partner for Its Electric Chassis

9 May 2022, 21:24 UTC · By: Gustavo Henrique Ruffo / According to what the companies announced, Roush will only take care of the assembly: all components will be provided by Bollinger