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Volvo Car Group has announced that it intends to offer Initial Public Offering (IPO) under Nasdaq Stockholm. This will allow shareholders to invest in a fast-growing luxury brand and is expected to raise profits by $2.8 billion via the potential partial sale of shares by Volvo’s main stockholders. AMF and Folksam, who each own 2.2 […]

Two years after introducing the Mark Zero Concept at the 2019 Geneva auto show, the production version has debuted as the Piëch GT. Piëch Automotive, which was co-founded in Zurich, Switzerland by Anton Piëch, son of Ferdinand Piëch, hasn’t deviated much from the show car’s design. It remains a typical two-door coupe with seating for […]

On the same day General Motors announced the global debut date for the Chevrolet Silverado EV and the arrival of its Ultra Cruise semi-autonomous driving technology, it also announced that more vehicles will get the Ultium battery and propulsion systems. The one that stands out is a Chevrolet crossover that will cost around $30,000. That […]

The 2023 Subaru Solterra EV has been teased once more this time in a video that depicts it in the wilderness. It starts off showing a vibrant green valley before giving us a glimpse of the all-electric crossover in the middle of the forest partially hidden behind a leaf. We see more of the car’s […]

Remember that odd duckling known as the BMW 2 Series Active Tourer? The tall, utilitarian hatchback? Yeah, that one. Well, a new generation just arrived and it still looks quirky, only this time you get it with BMW’s massive new grille and a host of electrified powertrain options. You’ll be able to choose everything from […]

Mitsubishi is well-known for its AWD expertise and as an early player in electrification. It’s no surprise that when it came time to do another teaser for the 2023 Mitsubishi Outlander PHEV, the company decided to take a trip down memory lane. Through a video posted on YouTube, Mitsubishi emphasized its motor sports heritage, particularly […]

Rolls-Royce has announced that it will launch its first battery-electric vehicle sometime between 2020 and 2030. However, the company will only do so when it deems the time is right because it wants to make sure that the vehicle will fulfill the brand ethos. Additionally, Rolls-Royce also wants to make sure that its first EV […]

General Motors has announced the next step up from its Super Cruise semi-autonomous driver assistance feature. Called Ultra Cruise, the new system has been designed to enable hands-free driving in 95 percent of scenarios and will be usable in most highways within the United States and Canada. This is the latest step in the company’s […]

General Motors has announced that it will expand its battery technology development operations with a new facility. Called the Wallace Battery Cell Innovation Center, this new site will help the company accelerate the development and commercialization of battery-electric vehicles while making them more affordable. The new plant will be located in Warren, Michigan on the […]

General Motors has announced that it has partnered with Wolfspeed to secure its supply of silicon carbide power devices for its future battery-electric vehicle lineup. Wolfspeed’s components will be used by GM to develop more efficient propulsion systems for its EVs. These parts will be used specifically for the integrated power electronics for the Ultium […]