news

EV battery maker plans $165 million North Carolina plant in 2026

The battery manufacturing operation, backed by Forge Nano and a variety of unnamed investors, plans...

Renault open to Geely investment to bolster Alpine brand

Alpine is seeking outside investors as it prepares to launch seven fully electric models...

GM plans F1 power unit supply to Andretti from 2028

 General Motors has formally registered with Formula One’s governing body to provide power units to...

EV truck startup Zeus signs deal with manufacturing and engineering firm

Zeus Electric Chassis, a Minnesota startup trying to break into the commercial fleet business with...

Bosch’s ‘innovative’ mild hybrid system for Mercedes proves costly for supplier

Mercedes lost around 5 percent of its projected sales, equivalent to 100,000 cars, during the...

EV battery companies consider semisolid cells amid all-solid setbacks

Some see semisolid-state batteries as offering nearly the same benefit as solid batteries but with...

A 1962 Ferrari GTO race car auctions for record $51.7 million

It was the most expensive Ferrari ever to sell at auction and the most expensive...

A 1962 Ferrari GTO race car auctions for record $51.7 million

It was the most expensive Ferrari ever to sell at auction and the most expensive...

Stellantis sweetens buyout offer to employees in Italy

White-collar workers can receive up to 200,000 euros’ severance, according to reports, as Stellantis seeks...

EV demand set to stall in Europe’s ‘valley of death’

EV sales are seen stalling in Europe over the next few years on low residual...

BMW 7 Series will offer Level 3 hands-free, eyes-off self driving tech

BMW says it’s the only Level 3 system available that lets drivers use the system...

Fisker slashes 2023 production forecast, flags material weakness in financials

The EV maker said its delivery infrastructure can’t keep up with production. Fisker also flagged...

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