It took Tesla about 15 years to rack up US$5-billion in losses. The company known as China’s Tesla did it in four.
Browsing: Motoring and transport
Volkswagen is bundling its software operations with an investment plan of about €8-billion over the next three to five years, another step in the electric and connected-car shift that’s heralding massive change across the entire industry.
Put together the best solar panels money can buy, super-efficient batteries and decades of car-making know-how and, theoretically, a vehicle might run forever.
Audi has swapped headlights for drones in its latest futuristic vehicle concept, revealed at the Frankfurt Motor Show.
Uber Technologies is dismissing 435 employees, the second major staff cut in recent months, as the company faces mounting losses and a declining stock price.
Mercedes-Benz gave car buyers a glimpse of the top-end of its electric model plans, showing off a sleek silver battery-powered concept version to complement the flagship S-Class sedan.
Volkswagen is unwrapping not just new models at the Frankfurt auto show, but a tweaked logo as the world’s biggest car maker ushers in the electric era.
Cars made Germany into a global manufacturing powerhouse, but pollution concerns have sullied the reputation of a product that once embodied individual freedom.
After a bumpy start for sister brand Audi’s e-Tron, the Taycan is for the time being the flag-carrier in VW’s massive drive to unseat e-car pioneer Tesla.
When manufacturers are unveiling cars that can’t be driven for years to come, and the very people able to afford them are over the hype anyway, it raises the question: have we reached peak supercar?