Hertz and BP Partner to Install Thousands of EV Chargers; Gov’t Funds Its Own Network
Two major electric vehicle charging projects, one private and one public, will put thousands of new stations on the map in America.
Autos
Rising Battery Prices Squeeze EV Makers’ Cash Reserves
Do electric vehicle manufacturers have enough cash to stay alive?
Auction House Christie’s Becomes a VC
The latest hot tech fundraising round is going once, going twice, and sold to the rather fancy-looking chaps with the wooden paddles. Well not exactly, but Christie’s is going to hang some equity agreements next to the Basquiats and Picassos…
Porsche Revs Up Margin Forecasts, Investors Still Skeptical About IPO
With the official name Dr.-Ing. h.c. F. Porsche Aktiengesellschaft, luxury automaker Porsche is a testament to why brand marketing exists. On Monday, the company was busy touting its economic brand. In advance of an IPO later this year, executives said…
GM, Tesla Strike New Partnerships to Expand EV Infrastructure
Interest and demand for electric vehicles in the US continues to increase — especially with the recent energy crisis that’s turned every trip to the gas station into a painful exercise. But meeting that demand, and supporting the growing network…
Sign up for insightful business news.
SUBSCRIBE
VW CEO Says His Firm Can Topple Tesla as Electric King by 2025
Volkswagen CEO Herbert Diess thinks his firm can become the world’s largest electric vehicle (EV) manufacturer in three years, putting industry leader Tesla in the backseat. “Tesla is weakening,” the CEO told his employees at a meeting in Wolfsburg Tuesday….
Tesla Headlines NHTSA Report on Autonomous Crashes
Tesla may be the lead car in the great race to EV dominance, but here’s one contest it didn’t want to win. On Wednesday, the US National Highway Traffic Safety Administration (NHTSA) released a report on crashes involving advanced driver-assist…
A $263,000, Solar-Powered Car Will Go Into Production This Year
With a top speed of just 100 miles per hour, this two hundred thousand dollar auto will have you eating the dust of other luxury vehicles. A similarly priced Ferrari F-8, for example, can go more than twice that fast….
Ford Announces $3.7 Billion in Midwest EV Plants
The Rust Belt may soon be getting some new shine. On Thursday, Ford announced a massive initiative to invest $3.7 billion and bring over 6,200 United Auto Workers union jobs to the Midwest as it plans to drastically expand its…
Cheap Juice: Honda and GM Pair Up to Keep Their EV Costs Down
Some automakers have been working for more than 100 years to perfect the internal combustion engine, but the same cannot be said for those newfangled electric doohickeys that are all the rage on the road these days. Big Auto players…
