Ferrari CEO Benedetto Vigna used a round table in Modena on Thursday to defend the €550,000 ($640,000) price tag for the Luce, the company’s first fully electric vehicle. The car was unveiled on Monday. By Tuesday, Ferrari’s Milan-listed stock had fall…
ChargePoint and Powers Parts, a national distributor of electric vehicle components and fleet replacement parts, have announced a partnership to sell ChargePoint charging hardware, software, and fleet management services directly to transit agencies ac…
BYD has unveiled the Xuanji A3, which it calls China’s first automotive-grade 4-nanometre chip for self-driving vehicles. CEO Wang Chuanfu announced the chip at an event at BYD’s Shenzhen headquarters on 28 May, saying it delivers the lowest power cons…
Waymo has started offering rides to select passengers in its new Ojai robotaxi, the first vehicle purpose-built for autonomous ride-hailing rather than retrofitted from an existing car. The Ojai runs on Waymo’s sixth-generation Driver system and is bui…
Rivian R2 order invitations go out starting June 9. Here’s how the invite system works, what determines your place in line, and what you can do right now to prepare.
Ferrari shares fell as much as 7 per cent in Milan trading on Monday, dropping to €290.55 and wiping roughly £3 billion from the company’s market cap. The sell-off came one day after the Italian carmaker unveiled the Luce, its first fully electric vehi…
The Maranello firm’s first all-electric model starts at €550,000, runs to more than 1,000 horsepower and arrives with deliveries in the fourth quarter. Ferrari pulled the covers off its first all-electric road car on Monday: the Luce, a four-door, five…
Stellantis CEO Antonio Filosa said on Thursday that the company sees opportunity to produce and sell Chinese-branded vehicles in Mexico and potentially Canada. In the United States, the answer is different. “Now there is no space in the United States. …
Tesla announced on Thursday that its Full Self-Driving (Supervised) system is now available in China, listing the country among 10 markets where the technology can be accessed. The announcement on X was short on details and marks the first time Tesla h…
Most CEOs would not go on stage and admit their product was not competitively priced against a rival. Lei Jun did exactly that on Wednesday evening, and then launched a model that fixes it. At Xiaomi’s “Human x Car x Home” launch event on 21 May, the f…