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Ford to cut one in nine jobs in Europe as part of electric vehicle transformation

Ford, an American manufacturer, proposed to eliminate 1 in 9 of its product development and administrative positions...

Xiaomi strives to become top five car maker globally, CEO outlines how

On the company's most recent Investor Day, Lei Jun, the founder of Chinese consumer electronics maker Xiaomi,...

Porsche contributes €1 million to earthquake relief efforts in Turkey and Syria

Porsche will donate €1 million to earthquake relief efforts in Turkey and Syria. The company donated to...

Tesla’s former CTO gets $2 billion loan from the US for EV battery recycling – Redwood Materials

Redwood Materials, a recycling venture founded in 2017 by Tesla's former Chief Technology Officer and cofounder JB...

Ford CEO teases sportier F-150 Lightning concept

Ford CEO Jim Farley teased a high-performance concept version of the electric pickup truck F-150 Lightning. Farley posted...

Google Maps update adds more features for EV charging stations

Electric vehicles (EV) are becoming more popular every day and Google is updating its Maps service to...

Porsche to debut electric luxury seven seat SUV, 3X price of Cayenne

Porsche CEO Oliver Blume announced plans to expand the lineup by adding a new SUV above the...

BMW invests $860M to build new EV platform in North America

The next-generation BMW electric vehicle family, codenamed Neue Klasse, will include North America as one of its...

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