The $8bn EV company you’ve probably never heard of

Arrival is probably the most valuable electric vehicle company you’ve never heard of. Based in the UK and listed on the US Nasdaq stockmarket, it is worth $8bn (£5.7bn). But it isn’t making cars, it is focusing on commercial vehicles – vans, buses and taxis. Instead of setting up huge factories to build as many… Continue reading The $8bn EV company you’ve probably never heard of

Classic Bentleys, Rolls-Royce adapted to electric

Vintage petrol-powered Bentleys and Rolls-Royce cars are being re-engineered to fully electric vehicles by a company based at Silverstone, the home of UK motorsport. In a world-first, Lunaz adapts the cars in a process which takes about 26 weeks and starts at £350,000 ($478,000, 405,000 euros). BBC Click’s Jen Copestake finds out more. See more… Continue reading Classic Bentleys, Rolls-Royce adapted to electric

Electric vehicle sales outpace diesel again

Mike Hawes, SMMT chief executive, said: “The bright spot [in July] remains the increasing demand for electrified vehicles as consumers respond in ever greater numbers to these new technologies, driven by increased product choice, fiscal and financial incentives and an enjoyable driving experience.” Go to Source

The downfall of Nissan’s Carlos Ghosn: An insider’s view

When Mr Ghosn arrived at Tokyo’s Haneda airport, however, he soon found himself under arrest. He was charged with financial crimes, including failing to report his true earnings. Prosecutors were acting on information provided by Nissan itself, much of it collated by Mr Ghosn’s own chief of staff Hari Nada. Go to Source