EV supercar maker Rimac accelerates away with 500 million euros investment – Emerging Europe

Made in Croatia, Rimac’s Nevera is one of the fastest cars on the road. Now, its technology is set to help other carmakers overcome the challenges of making high-performance electric vehicles. Croatia’s Rimac, which makes some of the fastest – and most expensive – supercars in the world, has raised 500 million euros from investors… Continue reading EV supercar maker Rimac accelerates away with 500 million euros investment – Emerging Europe

Project Gecko: Wiesmann committed to V-8 sports car despite move into EVs – Motor Authority

Niche German performance marque Wiesmann made a return earlier this year under new ownership, plus a new focus on electric mobility with the reveal of the Project Thunderball electric sports car. However, the company hasn’t abandoned its heritage of gas-powered sports cars just yet. In fact, it’s working on a new sports car to be… Continue reading Project Gecko: Wiesmann committed to V-8 sports car despite move into EVs – Motor Authority

BMW i4 review: better than expected

On the road, the 2022 BMW i4 eDrive40 looks like any other 4 Series. There’s a reason the four-door sedan with its gigantic kidney grilles and sleek roofline commands is one of the automaker’s best-selling vehicles. It looks the part of a German sedan, and the EV version of the vehicle is the fruit of… Continue reading BMW i4 review: better than expected

Elon Musk reportedly orders hiring freeze, 10 percent staff reduction at Tesla

Elon Musk emailed Tesla executives on Thursday, Reuters reports, telling them the company needs to pause hiring worldwide and cut its workforce by about 10 percent. At the end of 2021, Tesla said in a filing that it had 99,290 employees worldwide. In the email seen by Reuters, Musk cites his “super bad feeling” about… Continue reading Elon Musk reportedly orders hiring freeze, 10 percent staff reduction at Tesla

Elon Musk asks Tesla execs to ‘pause all hiring,’ cut 10% of staff, amid ‘bad feeling about economy’

Elon Musk has reportedly asked Tesla executives to “pause all hiring worldwide” and cut about 10% of the staff due to what he called a “bad feeling about the economy.” Earlier this week, we reported on Elon Musk asking all Tesla employees to come back to the office or quit. Many people suspected that this… Continue reading Elon Musk asks Tesla execs to ‘pause all hiring,’ cut 10% of staff, amid ‘bad feeling about economy’

Electric car at 100 euros per month: who can be entitled to it?

During the election campaign, Emmanuel Macron had promised to set up a social leasing system to afford an electric vehicle for 100 euros per month. If he then mentioned an offer intended for the most modest households, we now know a little more about the future beneficiaries. According to the Minister of Energy Transition Agnès… Continue reading Electric car at 100 euros per month: who can be entitled to it?

German Manager Magazin: Tesla: Elon Musk wants to lay off 10 percent of the workforce001819

The electric car manufacturer Tesla apparently wants to lay off around 10 percent of its 100,000 employees and stop all recruitment. “I have a super bad feeling about economic development,” wrote the CEO Elon Musk (50) in an internal email obtained by the Reuters news agency. The email, titled “pause all hiring worldwide,” was sent… Continue reading German Manager Magazin: Tesla: Elon Musk wants to lay off 10 percent of the workforce001819

German Manager Magazin: Volkswagen: Why the conversion to a tech company is becoming a burden001818

What with Volkswagen happens is crucial for the entire German economy. With 670,000 employees, the car company is one of the largest industrial employers in Germany Germany. And Volkswagen has embarked on a path that will also determine the future of many other German industrial groups: the conversion to a tech company. After all, the… Continue reading German Manager Magazin: Volkswagen: Why the conversion to a tech company is becoming a burden001818

German Handelsblatt: Mid-range SUV: Longer, smarter, more expensive – that’s the new Mercedes GLC004398

Always with four-wheel drive – always hybrid The Mercedes GLC has not only been revised visually, the choice of engines is also new. In September, the third generation of the Mercedes GLC will be available at dealerships. The mid-range SUV has grown by six centimeters and clearly stands out from its predecessor with a new… Continue reading German Handelsblatt: Mid-range SUV: Longer, smarter, more expensive – that’s the new Mercedes GLC004398

Surging Gas Prices Spur Shoppers for Electrified Vehicles

Shopping for EVs soared 73% since January before gas prices started their rise.  Source: Cox Automotive dGas prices hit an all-time high of a national average of $4.67 on June 1, driving consumers to consider electric vehicles, hybrids and smaller, more fuel-efficient gas-powered models. According to a Cox Automotive analysis of shopping behavior on its… Continue reading Surging Gas Prices Spur Shoppers for Electrified Vehicles