Electric Car

BMW has just released a new electric kiddie car as part of its 2020 lifestyle collection. Taking the form as a children’s version of its powerful M8 GTE flagship, the toy car features a full racing paint job with decals appearing over its white surface. On top of acting as…

REUTERSTesla production has come to a worldwide standstill after the sudden shutdown of its China plant as US workers, meanwhile, prepare to reopen its California factory in the next week, according to reports.Citing people familiar with the matter, Bloomberg News reported that the electric car manufacturer informed workers at its…

Coronavirus — Car sales in Spain, Italy, and France all declined by 90 percent or more. Timothy B. Lee - May 5, 2020 4:27 pm UTC New car sales in the United Kingdom fell 97 percent in April, according to data released by the Society of Motor Manufacturers and Traders.…

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In January, Rivian and Lincoln announced a partnership to build Lincoln's first electric vehicle. The joint EV is now canceled, although Ford said its "commitment to Lincoln, Rivian and electrification remains unchanged."Ford will instead focus development efforts "on Lincoln's own fully electric vehicle," and will save the Rivian platform for…

Reuters Tesla CEO Elon Musk is on the verge of a $750 million payday, Reuters first reported Tuesday morning. Musk stands to receive an option tranche of 1.69 million Tesla shares if the electric car market reaches a six-month average market cap of $100 billion. With Tesla shares sitting near…

Published: April 29, 2020 at 7:18 a.m. ET Tesla expects to hit a market cap milestone in months, triggering windfall for Musk Tesla CEO Elon Musk at Tesla Shanghai groundbreaking in January. Reuters Tesla Inc. Chief Executive Elon Musk is close to getting a windfall that would dwarf any payday…

The new Porsche 911 is more perfect than perfect. Crystal Cox/Business Insider Sports car sales have been declining. That's OK for some big-ticket automakers, but it's tough to swallow for budget-minded enthusiasts, who could see their choices limited in the coming years. Ford still sells a lot of Mustangs, but many other…

The pause comes after some reported drama surrounding Dyson’s late March announcement. Telegraph sources said that Dyson’s announcement had sparked “fury” in the Prime Minister’s office as it preempted plans to outline a strategy to boost the National Health Service’s capacity. Effectively, Dyson may have been “point-scoring” for publicity’s sake,…

China-based electric car startup Byton has furloughed about half of the 450 employees who work at its North American headquarters in Santa Clara, Calif., putting the release date of the automaker’s upcoming M-Byte vehicle into question. Byton told TechCrunch the furloughs were the result of the COVID-19 pandemic. The intention…