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General Motors Launches European All-Electric Venture with Cadillac LYRIQ

General Motors Launches European All-Electric Venture with Cadillac LYRIQ

General Motors introduces the all-electric Cadillac LYRIQ to Europe, commencing in Switzerland. This expansion underscores GM's dedication to sustainability and luxury in the electric vehicle market, representing a major step towards a greener automotive future.

Top Stories

Inflation Reduction Act Spurs $92 Billion Investment and 84,000 Jobs in U.S. EV Manufacturing: Report

The Inflation Reduction Act fuels a $92 billion surge in U.S. electric vehicle manufacturing, generating 84,000 jobs. This comprehensive legislation positions the nation as a global leader, driving innovation and economic growth in the rapidly evolving EV industry.

India's Epsilon Advanced Materials to Invest $650M in U.S. Battery Materials Manufacturing Facility

Epsilon Advanced Materials (EAM) to invest $650 million in a North Carolina EV battery facility, creating 500 jobs and targeting 1.10 million EVs by 2030, addressing supply chain challenges.

Saudi's PIF and Hyundai Forge Strategic Joint Venture to Produce 50,000 Electric and ICE Vehicles Annually

PIF and Hyundai establish a strategic joint venture to build an advanced auto manufacturing plant in Saudi Arabia. With PIF holding a 70% stake, the project plans to produce 50,000 ICE and EVs annually, fostering job creation and knowledge transfer, and advancing the Kingdom's automotive industry.

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Toyota Joins Forces with LG Energy Solution in Long-term Battery Supply Agreement for U.S. EVs

Toyota Joins Forces with LG Energy Solution in Long-term Battery Supply Agreement for U.S. EVs

Toyota and LG Energy Solution partner in a long-term battery supply deal to support U.S. electric vehicle growth, aiming to produce 3.5 million BEVs annually by 2030.

Honda Debuts the 2024 Prologue, Its First All-Electric SUV With an Impressive Range

Honda Debuts the 2024 Prologue, Its First All-Electric SUV With an Impressive Range

Honda debuts its first all-electric SUV, the 2024 Prologue, with an impressive 300-mile range, stylish design, user-friendly tech, and safety features, marking a significant step in their EV journey.

KREISEL Electric, a John Deere Subsidiary, Breaks Ground on Battery and Charger Manufacturing Facility in North Carolina

KREISEL Electric, a John Deere Subsidiary, Breaks Ground on Battery and Charger Manufacturing Facility in North Carolina

KREISEL Electric, a Deere & Company subsidiary, begins construction on a 115,000 sq ft battery facility in Kernersville, NC, enhancing its capacity for innovative battery systems and chargers in the North American off-highway market.

Saudi Arabia Grants Operating License to Lucid Motors for EV Manufacturing Plant

Saudi Arabia Grants Operating License to Lucid Motors for EV Manufacturing Plant

Lucid Motors secures operating license for Saudi Arabian EV manufacturing plant, a significant milestone in Saudi Arabia's EV industry aspirations.

EV Prices Set to Be at Par with ICE Vehicles as Battery Prices Plummet

EV Prices Set to Be at Par with ICE Vehicles as Battery Prices Plummet

Lithium-ion battery prices falling below $100/kWh signal a turning point, bringing electric vehicle prices in line with ICE vehicles, spurring EV adoption.

Leading Chinese EV Maker NIO Launches a Smartphone: Will Other Car Makers Follow Suit?

Leading Chinese EV Maker NIO Launches a Smartphone: Will Other Car Makers Follow Suit?

Leading Chinese EV manufacturer NIO's entry into the smartphone market with the NIO Phone prompts speculation about automotive and tech convergence

BMW's product development chief Confirms the Electrification of Iconic M3

BMW's product development chief Confirms the Electrification of Iconic M3

BMW's iconic M3 sedan is going electric, set to arrive around 2027 with quad-motor power on the Neue Klasse platform. This move emphasizes BMW's commitment to high-performance EVs while preserving traditional M models for enthusiasts.