The battery-electric Celestiq sedan, which starts “north of $300,000,” is tasked with more than restoring Cadillac to its former glory; it now must back executives’ bold claim to “reestablish the iconic brand as the standard of the world.” But with a price tag more than three times the average transaction price of a vehicle from […]
EV maker Polestar has unveiled the Polestar 3, its first SUV designed to help propel the startup to bona fide mass market automaker. Priced from $83,900, the 489-horsepower Polestar 3 will achieve an estimated 300-mile range, according to Polestar – a competitive set of figures designed to compete with a forthcoming crop of battery-electric luxury […]
Tiger Global’s latest investment in India is Vecmocon, a startup building solutions to bring safety and reliability alongside intelligence and health monitoring to light electric vehicles (EVs), addressing concerns that are curtailing the sales of electric scooters in the South Asian market. Unlike traditional internal combustion engine (ICE) vehicles that have existed for more than […]
Honda said on Tuesday it is spending $700 million to retool three of its Ohio plants to build electric vehicles as it aims to phase out gas engines by 2040. Batteries for the electric vehicles from Honda and its Acura division will be supplied by a joint venture with LG Energy Solutions. The automaker confirmed […]
Rivian informed customers Friday that it is conducting a voluntary recall of all 13,000 vehicles it has delivered so far due to a loose fastener. The fastener, which may not have been sufficiently torqued on a small percentage of vehicles, connects the front upper control arm and steering knuckle. This can cause loose and vibrating […]
