BMW to axe UK production of electric Mini and relocate to China Cowley factory on outskirts of Oxford not up to challenge of creating electric vehicles, says Mini boss A Mini electric car is pictured on the production line during its unveiling at the BMW group plant in Cowley. Photograph: Tolga Akmen/AFP/Getty Images A Mini… Continue reading BMW to axe UK production of electric Mini and relocate to China
Author: The Guardian Online News
For the love of cars: will steep gas prices stall Democrats’ midterm hopes?
For the love of cars: will steep gas prices stall Democrats’ midterm hopes? In 2022, the top three selling vehicles are pickup trucks. The best selling car in the UK is the Vauxhall Corsa. Composite: Guardian Design/Getty Images In 2022, the top three selling vehicles are pickup trucks. The best selling car in the UK… Continue reading For the love of cars: will steep gas prices stall Democrats’ midterm hopes?
General Motors takes on Tesla with new energy division
General Motors takes on Tesla with new energy division The car maker is now selling electric vehicle chargers, solar panels and other energy products to EV owners and utilities ‘Our competition in this space … is really only Tesla, which is a strong energy management company,’ said GM executive Travis Hester. Photograph: Rebecca Cook/Reuters ‘Our… Continue reading General Motors takes on Tesla with new energy division
Jim Ratcliffe’s attempt to rival Land Rover Defender racks up steep losses
Jim Ratcliffe’s attempt to rival Land Rover Defender racks up steep losses Ineos Automotive’s plans for Grenadier 4×4 hit by global supply chain disruption Ineos has been taking sales orders and deposits for the Grenadier 4×4 since mid-May. Photograph: Ben Hoskins/Getty Images for Ineos Automotive Ineos has been taking sales orders and deposits for the… Continue reading Jim Ratcliffe’s attempt to rival Land Rover Defender racks up steep losses
The American EV boom is about to begin. Does the US have the power to charge it?
The American EV boom is about to begin. Does the US have the power to charge it? The White House has a target of 500,000 public charging units by 2030. Photograph: Marcus Lindstrom/Getty Images/iStockphoto The White House has a target of 500,000 public charging units by 2030. Photograph: Marcus Lindstrom/Getty Images/iStockphoto States have plans to… Continue reading The American EV boom is about to begin. Does the US have the power to charge it?
Tell us: have you experienced UK price rises for car maintenance?
Tell us: have you experienced UK price rises for car maintenance? We would like to hear your experiences of rising costs for car maintenance and other services in the UK Have you noticed increased prices for car servicing, MOTs or repairs? Photograph: Chalabala/Getty Images/iStockphoto Have you noticed increased prices for car servicing, MOTs or repairs?… Continue reading Tell us: have you experienced UK price rises for car maintenance?
Porsche shares rise on first trading day in €75bn stock market float
Porsche shares rise on first trading day in €75bn stock market float German carmaker Volkswagen lists 12.5% of Porsche shares to raise billions of euros to invest in electric cars An electric Porsche Taycan is parked behind the bull statue in front of the stock exchange in Frankfurt, Germany. Photograph: Michael Probst/AP An electric Porsche… Continue reading Porsche shares rise on first trading day in €75bn stock market float
Porsche gears up for IPO thrills but dealmakers are stuck in the slow lane
Porsche gears up for IPO thrills but dealmakers are stuck in the slow lane Volkswagen needs the cash and wants to catch up with Ferrari but there may be less to this deal than meets the eye Porsche is chasing a value of €75bn at its IPO in Frankfurt on Thursday. Photograph: Brendan McDermid/Reuters Porsche… Continue reading Porsche gears up for IPO thrills but dealmakers are stuck in the slow lane
Porsche IPO could raise up to €75bn for parent Volkswagen
Porsche IPO could raise up to €75bn for parent Volkswagen Flotation on Frankfurt stock market would be one of the largest European public offerings to date Part of the proceeds from the Porsche IPO would help fund the shift towards electric vehicles and battery technology. Photograph: Ringo Chiu/Reuters Part of the proceeds from the Porsche… Continue reading Porsche IPO could raise up to €75bn for parent Volkswagen
Biden talks up electric vehicle revolution – but is America ready to give up gas?
Biden talks up electric vehicle revolution – but is America ready to give up gas? Joe Biden test-drives the Cadillac Lyriq SUV in Detroit. ‘It’s a beautiful car, but I love the Corvette,’ he said. Photograph: Kevin Lamarque/Reuters Joe Biden test-drives the Cadillac Lyriq SUV in Detroit. ‘It’s a beautiful car, but I love the… Continue reading Biden talks up electric vehicle revolution – but is America ready to give up gas?