ELECTRIFICATION OF AUTO

In an upscale Seoul neighbourhood two years ago, a white Tesla Model X smashed into a parking lot wall.

German carmaker Volkswagen is holding discussions with investors to join its battery division ahead of a possible partial initial public offering (IPO) of the subsidiary, two people familiar with the matter told Reuters.

Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed.

Nissan Motor Co's concerns about technology transfers have complicated its partner Renault's plans to sell a large stake in its gasoline-engine business to China's Geely, three people familiar with the talks said.

Aston Martin has been knocked off track also by a collaboration with troubled electric car battery startup Britishvolt.

Ford also lowered some of its full-year financial projections, citing difficulties with suppliers.

Setting a date to phase out gas-powered vehicles could remove "cheap cars" from the market, putting ownership out of reach for many, and be politically dangerous, the board chair of German automaker BMW Oliver Zipse said on Wednesday.

Tesla Inc Chief Executive Elon Musk on Wednesday said he expected the company would miss its vehicle delivery targets this year, but downplayed concerns about softening demand after the company's revenue missed Wall Street estimates.

Auto engine parts makers eyeing the promising electric-vehicle market are dealing with a severe case of delayed gratification.

The gasoline version of the Equinox was GM's second most popular vehicle in 2021 after the Chevrolet Silverado, a pickup truck.

Volkswagen on Monday announced its intention to float sports car brand Porsche, triggering what could become one of the world's largest listings even as record inflation and a Russia-Europe energy standoff has sent European stocks tumbling.

Tesla Inc has demanded a safety advocacy group take down videos of its vehicles running over child dummies when its driver assistant system was engaged

The restructuring involves 2,000 salaried positions and 1,000 contractors mostly in the United Sta.tes, Canada and India but does not affect factory workers.

Toyota is rebooting its strategy for India, doubling down on a bet that emerging markets will learn to love its hybrids, as long as the price is right.

Rivian blamed its losses on investments in people and technology, along with auto production lines capable of cranking out lots of cars running at low capacity.

Britain's automobile sector had stalled last year on pandemic fallout including a semiconductor shortage.

Volkswagen's Spanish brand CUPRA will launch three electric models by 2025, including what would be its first fully electric vehicle to be made in Spain, CUPRA said on Tuesday.

Bolt owners are currently instructed to park them outside for the meantime until Chevrolet confirms the issue has been resolved.

The distiller behind this Tesla Tequila is Nosotros Tequila, which also retails its own branded spirits priced at $40 to $45 per bottle.

Experts from the Center for Automotive Research presented a study that shows a significant drop in road mishaps if Tesla's Autopilot platform is used.

Sydney Galmatic reached out to the school in its efforts to help equip Australian women with these vital life skills.

The original version of the High Mobility Multipurpose Wheeled Vehicle was used by the United States military in 1985.

Ahead of the Air's launch, analysts have projected that it would pose a serious competition to Tesla's sedan.

The Tesla Roadster in question and its dummy driver named "Starman" was the iconic payload during the debut launch of SpaceX's Falcon Heavy rocket in 2018.

Despite being an "embarrassingly late" feature, its implementation should please Tesla owners who wanted it in the first place.

The Volkswagen ID. 4 is equipped with a 201-horsepower electric powertrain with a 228 lb-ft torque and a range of 250 miles on a full charge.

Tesla CEO Elon Musk along with others hosted the show while shareholders were inside their parked cars.

Speculation surrounding a Tesla-branded smart device began after Huami Technology CEO Huang Wang posted a message on his Weibo account.

With the help of Microsoft's Mixed Reality technology, automotive technicians can now collaborate with other experts remotely to perform diagnostics.