Volvo has announced that it will take back control of its manufacturing, sales and operations in China after a new agreement with parent company, the Geely Holding Group. If you’re a little confused, don’t worry, it took us a while to understand the full scope of the news, here. In […]
Industry
Tesla to open Supercharger network to other EVs, Musk says
Tesla’s CEO, Elon Musk, has tweeted that the company has plans to open up access to its Supercharger network to other electric vehicle brands, potentially ending the exclusive rights that Tesla vehicles have enjoyed for years now. Tesla’s Supercharger network has more than 25,000 superchargers around the globe that offer […]
Kia global sales up 23.9% in 2021 first half, record market share in Europe
Global sales of Kia vehicles are up 23.9 per cent for the first half of 2021, and in Europe it has claimed its biggest-ever market share of 3.9 per cent in the first half. Kia has sold 1,443,637 vehicles in the first six months of this year, which is up […]
Europe proposes ban on petrol and diesel cars by 2035
The European Union has laid out an updated version of its environmental goals that detail a 2035 end-date for the sale of petrol- and diesel-powered vehicles. This includes commercial vehicles such as vans and trucks. The EU’s executive branch, known as the European Commission, is eyeing off emission reductions of […]
Stellantis outlines €30 billion investment in electrification (video)
Stellantis has confirmed plans for more than 30 billion euros of investment in electrification, eyeing off an aggressive target for the production of its pure electric vehicles by 2030. The plan includes everything from electric pickups to electric high-performance models that promise 0-60mph in as low as 2.0 seconds. The […]
BMW global sales up 39% in 2021 first half
BMW is celebrating a successful first half year (H1) of sales, with the wider group (including MINI and Rolls-Royce) managing to report a 39 per cent jump on last year, globally. Sales in Australia are also up 14.7 per cent. BMW Group reported 1,339,080 sales in the six-month period, including […]
Hyundai to transition to 100% renewables by 2040, join RE100
Hyundai and its affiliates have announced they have applied for RE100 membership, a global initiative that sets a date for a transition to 100 per cent renewable power by 2040. This means that Hyundai Motor Company, alongside Kia Corporation, will join the RE100 initiative alongside more than 300 global companies […]
Bugatti-Rimac joint venture confirmed; Porsche 45%, Rimac 55%
Porsche and Rimac have confirmed they have agreed to a new joint venture, resulting in the formation of Bugatti-Rimac. It will be headquartered in Croatia with founding to be established in the fourth quarter of this year. Porsche says Rimac will hold a 55 per cent share in the new […]