A show model Audi Formula 1 car on Aug. 26 2022 in Belgium after announcing its participation in the F1 Grand Prix of Belgium. Sem van der Wal | ANP | Getty Images Audi’s entry into Formula 1 ha...
Tag: Bayerische Motoren Werke AG
Rolls-Royce uses green hydrogen in jet engine test
LONDON — Plans to reduce the significant environmental effects of aviation took a step forward this week after Rolls-Royce and easyJet said they had carried out the ground test of a jet engine that us...
From Teslas to BMWs, cars are piling up on land and sea at German port
Krisztian Bocsi | Bloomberg | Getty Images The Port of Bremerhaven, the main roll on/roll off port in Germany and one of the largest automobile hubs in the world, is experiencing gridlock. The combina...
EU pushes ahead with plan to ban new diesel, gasoline cars
An electric car being charged in Germany. The European Union is moving forward with plans to ramp up the number of EVs on its roads. Tomekbudujedomek | Moment | Getty Images The EU’s plans to ph...
BMW to invest $1.7 billion in U.S. to produce electric vehicles
BMW Group plans to invest $1.7 billion in its U.S. operations to build electric vehicles and batteries, the company announced Wednesday. The investment will include $1 billion to prepare for productio...
Polestar unveils $84,000 electric SUV, Polestar 3, to cement U.S. foothold
Polestar 3 Courtesy: Polestar Swedish EV maker Polestar on Wednesday unveiled a new electric SUV that it’s counting on to expand its sales and presence in the United States. The new model, calle...
Porsche shares rise in landmark Frankfurt debut
Porsche shares rose in their stock market debut Thursday, in one of the biggest public offerings in Europe ever. Bloomberg | Getty Images Porsche shares rose in their stock market debut Thursday, in o...
Ford CEO doesn’t expect electric vehicle battery costs to drop soon
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters WAYNE, Mich. – Ford Motor CEO Jim Farley does not expect the costs of r...
Innoviz wins $4 billion dollar Volkswagen lidar contract
In this photo illustration a Innoviz Technologies logo is displayed on a smartphone. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Israeli lidar maker Innoviz announced Tuesday it has won...
Ferrari CEO shrugs off concerns about EV performance
A Ferrari photographed in Switzerland on March 2, 2015. The Italian company plans to launch a fully electric vehicle in 2025. Harold Cunningham | Getty Images News | Getty Images The CEO of Ferrari on...
Volkswagen-backed Northvolt to develop wood-based batteries for EVs
This image from 2007 shows logs and wood chips outside a Stora Enso paper mill in Finland. The firm says it’s “one of the largest private forest owners in the world.” Suzanne Plunket...
VW and Goldman-backed Northvolt gets $1.1 billion funding
Northvolt’s most recent funding announcement comes at a time when major economies are laying out plans to move away from vehicles that use diesel and gasoline. Mikael Sjoberg | Bloomberg | Getty...
Why QuantumScape investors are still waiting for new EV batteries
A solid-state battery development lab for QuantumScape. QuantumScape The electric vehicle space has seen a handful of impressive stock market debuts in recent years, but battery start-up QuantumScape&...
Goodbye gasoline cars? EU lawmakers vote to ban new sales from 2035
Traffic in Paris, France, on May 12, 2020. The European Parliament now supports the European Commission’s goal of a 100% cut in emissions from new passenger cars and vans by 2035. Ludovic Marin ...
Solid Power begins pilot production of solid-state EV battery
Solid Power’s 22-layer, 20Ah all solid-state lithium metal cell compared to the company’s first-generation 10-layer, 2Ah cell. Solid Power Solid Power, a Colorado-based battery start-up ba...
Renault says electric-hydrogen concept will have 497-mile range
Details of Renault’s Scénic Vision concept car were presented to the public on May 19, 2022. The firm’s idea of developing a passenger vehicle that uses hydrogen technology is not unique. ...
BMW i7 electric sedan added to 7-Series lineup, starting at $119,300
BMW 760i xDrive (European model shown) BMW BMW is adding an all-electric model to its flagship 7-Series sedan lineup as the German luxury brand pivots to EVs to better compete against industry leader ...
Mercedes-Benz unveils its new electric EQS SUV built in the U.S.
Mercedes-Benz electric EQS SUV Mercedes-Benz Mercedes-Benz on Tuesday took the wraps off its new EQS SUV, its first fully electric SUV built domestically for the U.S. market. The vehicle is the siblin...
Japanese car giant Honda targets EV expansion, earmarks billions for R&D
With several major economies looking to cut the number of diesel and gasoline vehicles on their roads, Honda and other carmakers are attempting to develop electrification strategies that will allow th...
Russia war could further escalate auto prices and shortages
BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts. For more ...
Russian-Ukraine war to lower car production by millions of units
A worker attaches a wiring harness to the chassis of an X model SUV at the BMW manufacturing facility in Greer, South Carolina, November 4, 2019. Charles Mostoller | Reuters DETROIT – The war in Ukrai...
Hydrogen-powered train a step closer to passenger service in Germany
A model of Siemens Mobility’s Mireo Plus photographed in 2019. Nicolas Armer | Picture Alliance | Getty Images Plans to deploy a hydrogen-powered train in the southern German state of Bavaria to...
Ford says it will ramp up EV offering in Europe
A Ford facility in Cologne, Germany, photographed in February 2021. Oliver Berg | AFP | Getty Images Ford has laid out plans to roll out three new passenger electric vehicles and four new commercial E...
BMW says 2021 profit surged as it favored higher-margin vehicles during chip shortage
Spencer Platt | Getty Images News | Getty Images German automaker BMW AG said Thursday its revenue and net profit hit all-time highs in 2021, despite increased spending on research and development rel...
Toyota commissions Yamaha Motor to develop hydrogen-fueled engine
A Yamaha Motor Co., V8 hydrogen engine displayed in Japan, on Saturday, Nov. 13, 2021. Toru Hanai | Bloomberg | Getty Images Toyota has commissioned Yamaha Motor to develop a hydrogen-fueled engine, w...
EVs dominated Super Bowl ads, but only 9% of passenger car sales
Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker’s showroom in Beijing, China January 5, 2021. Tingshu Wang | Reuters Six of...
Schwarzenegger, Hayek star as retired Greek gods
Arnold Schwarzenegger and Salma Hayek Pinault star as the Greek gods Zeus and Hera for BMW’s new Super Bowl ad for the iX electric SUV. BMW Arnold Schwarzenegger and Salma Hayek Pinault star as ...
Why Nissan is moving from the internal combustion engine in Europe
The chief operating officer of Nissan has spoken to CNBC about why his company has decided to move away from the development of new internal combustion engines in Europe once a tougher set of emission...
BMW’s new iX Flow concept car can change colors
People look at BMW’s iX Flow prototype at the BMW booth during the CES tech show, Wednesday, Jan. 5, 2022, in Las Vegas. The iX Flow is a system that replaces regular car paint with with E Ink t...
Competitors chip away at Tesla’s share of U.S. EV market
DETROIT — New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data. But numbers collec...