Electric Cars

IT

Chinese Company Xpeng Announced An Invention of Flying Car

HAT Aero, has launched a new car that can fly and also walk on the roads, and stated that it…

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IT

Xpeng Launches New Driving System Features To Compete Tesla

Xpeng announced updates to its driving system as it seeks to rival Tesla in China, as the it launched the…

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News

Xpeng and Nio Outperform Tesla In Speed of Performance

Chinese electric car makers are racing to increase production at a faster rate than US rival Tesla during its early…

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News

Rivian Reveals A Huge Loss In Its IPO File

Rivian Automotive, backed by the giant Amazon.com and Ford, showed that its loss amounted to 1 billion dollars during the…

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News

Toyota Increases Investment In Batteries To 2030

Toyota said it expects to spend more than $13.5B by 2030 developing its batteries and supply system in an effort…

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News

The Semiconductor Crisis Will Remain Until 2023

Rising demand for semiconductors means that the auto industry may struggle to supply enough of it over the next year…

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Business

Xiaomi Acquires Deepmotion To Support Its Startup Business

Xiaomi stated it has acquired Deepmotion for $77.37 million to "support the technical competitiveness" of its electric vehicle business project

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Business

Stellantis concludes two deals to supply lithium

Stellantis has signed memoranda of understanding to supply lithium from two projects in California and Germany and says it plans…

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Business

Porsche prepares a project with a German battery producer

Porsche is preparing for a joint venture with Customcells to produce high-performance batteries, which will aim to make car batteries…

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News

General Motors boosts spending on electric vehicles by 30%

General Motors says it will increase its global investment in electric and autonomous vehicles in its quest to become the…

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