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UK Car Production Continues to Struggle as January 2022 Numbers Hit 13-Year Low

Vehicle production in the United Kingdom remained sluggish to start the year, with British car factories producing the fewest new models in January for 13 years. Latest figures revealed on Friday, February 25, showed outputs plummeting 20.1 percent in the opening month of the year with only 68,790 units made. more

Envision Battery

Chinese Company Envision to Mass Produce EV Batteries With 1,000-Kilometer Range Starting in 2024

Envision AESC's quest to become the world's biggest battery supplier got a major boost, as it will soon begin mass-producing batteries that are capable of giving electric vehicles a driving range of at least 1,000 kilometers. more

Fisker Pear EV Already Has 1,500 Reservations Ahead of 2024 Launch: Price Starts at $29,900

Fisker Pear EV Already Has 1,500 Reservations Ahead of 2024 Launch: Price Starts at $29,900

The Pear EV is proving to be a hit among customers, with Fisker reportedly securing around 1,500 reservations for the all-electric vehicle. The electric car maker opened the company's order books for the Pear in the middle of February this year after setting its launch date for 2024. more

2022 Suzuki Baleno Finally Unveiled in India: What Are the Specs and Features of This City Car?

2022 Suzuki Baleno Finally Unveiled in India: What are the Specs and Features of this City Car?

The 2022 Suzuki Baleno is finally here with the Japanese automaker unveiling the city car for the Indian market. Suzuki made some major updates with the 2022 Baleno, labeling the vehicle as a full model change. more

Lightning eMotors Completes Expansion of Colorado Facility: EV Maker to Double Production Capacity

Lightning eMotors Completes Expansion of Colorado Facility: EV Maker to Double Production Capacity

Lightning eMotors has delivered some outstanding news, with the EV maker announcing that it has completed its expansion of the company's sprawling manufacturing facility in Loveland, Colorado. more

Tesla Plans Expansion of Shanghai Factory: Aims to More Than Double Production Capacity in China

Tesla Plans Expansion of Shanghai Factory: Aims to More Than Double Production Capacity in China

Next month, Tesla plans to begin work on a new auto plant in Shanghai, China. According to sources, this is part of Tesla's plan to more than double its production capacity in China to meet the growing demand for its electric vehicles in the country and export markets. more

SEC Investigates Elon Musk and Brother Kimbal Over Alleged Insider Trading of Tesla Shares

SEC Investigates Elon Musk and Brother Kimbal Over Alleged Insider Trading of Tesla Shares

The battle between Elon Musk and the Securities and Exchange Commission took another dramatic twist on Thursday after reports surfaced of the federal agency investigating the Tesla CEO and his brother, Kimbal Musk, of alleged insider trading. more

NHTSA Investigates Random Braking in Honda CR-v and Accord: 1.7 Million Units in the U.S. Affected

NHTSA Investigates Random Braking in Honda CR-v and Accord: 1.7 Million Units in the U.S. Affected

The National Highway Traffic Safety Administration (NHTSA) has launched an investigation on the highly popular Honda CR-V SUVs and Honda Accord sedans for a possible glitch in the vehicles' braking system. more

Renault

Renault, Volkswagen and Stellantis Fear Sanctions for Auto Plants in Russia After War Erupts in Ukraine

Operations of Volkswagen, Stellantis and Renault in Russia are now certainly at risk with Western leaders set to impose the harshest sanctions yet on the country after Thursday's deadly attack. more

Lucid Air

Lucid Group Recalls 203 Air Dream Edition EV Sedans Due to Possible Safety Issue Over Suspension

Electric car maker Lucid Group announced on Tuesday, February 22, that it would recall 203 of its premium Air sedans due to a potential safety issue relating to the EV's suspension. Investors reacted negatively to the news as shares of the company came tumbling down nearly 5 percent. more

Ford Issues Recall for 330,784 Mustangs Due to Faulty Backup Camera, 2015-2017 Models Affected

Ford Issues Recall for 330,784 Mustangs Due to Faulty Backup Camera, 2015-2017 Models Affected

Ford Motor Company has recalled certain models of the Mustang over concerns that the backup camera wiring in those vehicles may be loose or damaged. The recall affects 330,784 Ford Mustangs produced between 2015 and 2017. more

Volkswagen and Huawei Plan Joint Venture to Develop Autonomous Driving System

Volkswagen and Huawei Plan Joint Venture to Develop Autonomous Driving System

Volkswagen is reportedly in discussions with the automotive division of Huawei about acquiring the project team that is developing the latter's autonomous driving system. more

Stellantis Reaps Benefits of Merger, Posting $15.2 Billion Profit in 2021

Stellantis Reaps Benefits of Merger, Posting $15.2 Billion Profit in 2021

Stellantis announced that it posted incredible financial results in 2021, tripling its net profit and doubling its operating income last year. It made $15.2 billion in its first year following the merger of Peugeot maker PSA Group and Fiat Chrysler Automobiles. more

Toyota Partners With Yamaha Motor to Develop Hydrogen-fueled V8 Engine

Toyota Partners With Yamaha Motor to Develop Hydrogen-fueled V8 Engine

Japanese auto giant Toyota has commissioned Yamaha Motor to develop a 5.0-liter hydrogen-fueled V8 engine for them. The unit can deliver as much as 450 horsepower at 6,800 revolutions per minute. more

Volkswagen Planning Porsche IPO: Market Listing Could Place Car Brand's Value up to $102 Billion

Volkswagen Planning Porsche IPO: Market Listing Could Place Car Brand's Value up to $102 Billion

With the backing of its top shareholder, Volkswagen AG is preparing an initial public offering (IPO) of Porsche, paving the way for a blockbuster listing on the stock market for the luxury car brand, which investors hope will finally unlock its true value. more

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