Author: Christopher Harrison

BMW has set an ambitious target for electric vehicle (EV) sales in the United States this year. Shaun Bugbee, the Executive Vice President of Operations at BMW of North America, announced that the company is forecasting sales of 50,000 electric vehicles in the country, a significant increase from the 15,584 units sold last year. Bugbee further revealed that BMW’s sales projection of 50,000 EVs represents a nearly triple growth compared to the 17,964 EVs the company sold in the first half of this year. The primary contributor to BMW’s success in the EV market has been the BMW i4 electric…

Automaker Polestar is returning to the prestigious Goodwood Festival of Speed, offering a glimpse of its forthcoming models as they make their dynamic debut at the iconic event. Among the lineup are the Polestar 3 and Polestar 5 vehicles, generating anticipation among attendees. In the First Glance Paddock, located opposite the main Polestar stand, the prototypes of the high-powered Polestar 3 with 380 kW/517 hp and the impressive Polestar 5 with 650 kW/884 hp are showcased alongside the Polestar 2 BST edition 230, boasting a powerful 350 kW/476 hp engine. Each car is scheduled to make two runs up the…

Automaker Rivian has taken proactive measures to address a customer satisfaction concern related to the onboard charger in their R1T and R1S electric vehicle models. Upon discovering the issue, Rivian promptly launched a campaign to rectify the problem and ensure optimal performance for affected owners. The company’s attention was drawn to the matter after reports surfaced on the RivianForums, where a member highlighted the concern. Rivian subsequently posted a campaign document on the National Highway Traffic Safety Administration (NHTSA) website, shedding light on the matter. According to the document, the issue impacts R1T and R1S vehicles manufactured approximately between December…

Caterham, the renowned British sports car manufacturer, has taken the automotive world by storm with the introduction of their latest creation, Project V. This groundbreaking concept car represents a significant departure from Caterham’s traditional offerings, showcasing their commitment to embracing electric mobility. Simultaneously, the company has hinted at a potential market launch for the production version, set to arrive in late 2025 or early 2026, with an enticing price tag below £80,000. Unlike the previously unveiled electric variant of the iconic Caterham Seven, which was initially conceptualized as a conversion, Project V has been meticulously designed as a purpose-built electric…

A video circulating on social media has sparked intrigue among Tesla enthusiasts, as it allegedly showcases a top-secret electric van prototype intended for The Boring Company. The footage, uploaded to Twitter by Las Vegas-based content creator Jacob Orth, has ignited speculation about Tesla’s foray into the people-moving sector. While the authenticity of the video remains unverified, close examination reveals compelling evidence supporting its validity. The vehicle prominently displays the unmistakable Tesla logo on its steering wheel, suggesting a genuine connection to the renowned electric vehicle manufacturer. However, it should be noted that the prototype appears to be in the early…

It has been an eagerly awaited two years since MG surprised the automotive world with the reveal of its cutting-edge Cyberster concept. While a glimpse of the production model was offered a few months ago, the SAIC-owned brand has now delighted enthusiasts by showcasing the interior of the electric roadster. As expected, the cabin design has undergone notable revisions compared to the striking concept car, which boasted an equally remarkable exterior. The upcoming 2024 MG Cyberster sets itself apart as the latest addition to the electric vehicle lineup, featuring a sleek curved screen that seamlessly integrates the digital instrument cluster…

The BMW Group has announced its outstanding sales performance for the second quarter of 2023, surpassing last year’s figures by over 11 percent. The global vehicle sales during this period reached an impressive 626,726 units, indicating a substantial growth trend. Breaking down the sales data, BMW brand sales soared to 553,369 vehicles, reflecting an increase of 11% compared to the same quarter last year. The year-to-date figures for BMW show a commendable rise of 5%, reaching a total of 1,071,326 units. On the other hand, Mini, a subsidiary of BMW, achieved sales of 71,816 vehicles during the second quarter, showcasing…

In a significant step towards expanding the charging infrastructure for electric vehicles (EVs) and promoting their adoption, Tritium DCFC has been awarded a contract by the state of Hawaii to manufacture high-speed EV chargers. This order marks the first deployment of funds under the National Electric Vehicle Infrastructure Program (NEVI), a federal initiative aimed at establishing a widespread network of charging stations across the country. Under NEVI, the United States government plans to allocate $5 billion to states over a five-year period, with the objective of electrifying highways and interstates through the installation of 500,000 chargers. Hawaii, which gained access…

In the midst of an extraordinary surge in 2022 that witnessed some pre-owned electric vehicles (EVs) fetching higher prices than their brand-new counterparts, the value of used cars finally began to decline over the past six months. Notably, Tesla, a major player in the EV market, has been at the forefront of this downward trend, with its Model 3 experiencing a substantial 30% drop in value over the course of the last year. Recent data from iSeeCars reveals that while the overall used car prices have only dipped by less than four percent year-over-year for the third consecutive month, the…

A group of shareholders is set to have their day in court as they seek to prove allegations of fraud against Rivian during its initial public offering (IPO). A California judge has deemed it plausible that the automaker’s executives were aware of the necessity for a price increase prior to listing its shares. The legal action originates from early 2022 when Charles Larry Crews accused Rivian of concealing the underpricing of its R1T pickup and R1S SUV in the buildup to the 2021 IPO. Despite the IPO breaking records with an initial price of $78.00 and a rapid ascent, the…

Japanese semiconductor company Renesas Electronics and US-based silicon carbide specialist Wolfspeed have recently inked a significant supply contract for silicon carbide wafers. The deal, which involves a substantial down payment of two billion dollars, solidifies Renesas’ access to a stable and long-term supply of high-quality silicon carbide wafers from Wolfspeed. Commencing in 2025 and spanning a decade, the supply agreement ensures Renesas’ continuous provision of silicon carbide wafers, with specific details regarding purchase volume and total value kept confidential. However, Renesas has revealed that the agreement encompasses the procurement of 150-mm and 200-mm SiC wafers, a move aimed at supporting…

Audi is looking for external help to shorten the development time of its models in China, where the Volkswagen subsidiary is in talks with competitors, according to a report yesterday in the German media outlet Automobilwoche. Audi is now considering buying a platform from a competitor for the first time in China, the report said, adding that the company will prepare a corresponding template should be prepared for an extraordinary meeting of the supervisory board this week, possibly on July 11. Volkswagen CEO Oliver Blume has already approved the project, and Audi is in talks with manufacturers, the report said,…