Joe Biden’s multibillion-dollar Inflation Reduction Act has delivered a big green bonus for climate experts and US business while infuriating America’s trading partners.The bill, passed last summer by the US Congress, earmarked $369bn for clean energy and climate-related projects, provoking...
Elon Musk said Tesla could deliver as many as 2mn cars this year after the electric vehicle maker dramatically cut prices across its portfolio to prioritise expansion of its customer base at the short-term expense of margins.The company’s chief executive...
British car manufacturing fell to the lowest level in more than half a century during 2022, after a year tainted by supply chain disruption and a spate of factory closures.The number of cars produced fell 9.8 per cent to 775,014,...
With "Forza Motorsport" having been announced last year for spring 2023, it's about time we heard more about the game. And we finally have details on the racing simulator following the Xbox and Bethesda video announcement. While more details have...
India was one of the fastest growing markets for super luxury carmaker Lamborghini last year and continues to exhibit strong demand momentum despite recessionary risks being seen globally, said a top official in the company.Francesco Scardaoni, Region Director, Automobili Lamborghini...
Tesla announced it will build a high-volume factory for its Semi late on Tuesday as part of a planned $3.6 billion investment in the sprawling plant near Reno, Nevada, known as Gigafactory Nevada. The Semi went into limited production late...
India’s electric vehicle sector is gearing up from a standing start. Boosted by state subsidies, some early sales of delivery vehicles and buses and paranoia among businesses and politicians about China’s high-tech dominance, a “Made in India” EV industry is...
Now that the current generation BMW M3 and M4 have been out for a few years, the high-performance variants are officially in full swing. Last year saw the M4 CSL be revealed, but this year BMW adds the 2024 M3...
Volkswagen has been spotted testing an updated version of the ID.3, the compact hatch whose 2019 launch marked the arrival of VW's ID family of electric vehicles. The updated ID.3 is confirmed for a debut in the spring, and while...
Economic officials from several US states have stepped up efforts to lure European clean energy businesses across the Atlantic, touting deep tax breaks available to foreign developers despite a backlash from EU leaders.Delegations from Michigan, Georgia, Ohio and other states...
