Volkswagen has mapped out details of its transformation from a mass manufacturer of cars to a provider of transportation services by unveiling a car-sharing service and promising digital acquisitions.
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Electric car pioneer Tesla no longer has the road to itself. German car makers Daimler, BMW and Volkswagen are closing in and may pass their American rival by 2021, based on a consultancy’s ranking of electric
Forget autonomous cars – your next taxi might whiz you across town through the air. Volocopter, a German start-up backed by Intel and Daimler, has built a drone-like electric helicopter to ferry travellers across
Here are two facts that defy logic: by the end of the year, electric car maker Tesla will have burned through more than US$10bn without ever having made 10c. Yet companies around the world are lining up to compete
BMW is plotting the revival of a high-end coupé to claw back market share lost to arch-rival Mercedes, part of a model blitz that BMW is billing as the biggest in its history. The sporty 8-Series two-door car is set to hit dealerships next
Elon Musk’s Tesla briefly surpassed General Motors to become America’s most valuable car maker, eclipsing a company whose well-being was once viewed as interdependent with the nation’s. A week after topping Ford, Tesla climbed
A quarter of all miles driven in the US could be in shared, self-driving electric cars by the end of the next decade, setting off a seismic shift that will upend the car industry, according to a study on the rise of the autonomous age. A convergence of
BMW sees no quick way to boost profit from electric cars, with battery capacity and cost set to weigh on the technology for the foreseeable future. “We simply have to walk through the valley of tears” to
Apple, ramping up efforts to disrupt the transportation industry, is seeking a stake in luxury car maker McLaren and is in talks to buy Lit Motors, an electric motorbike start-up, people with knowledge of the matter
BMW is teaming up with chip maker Intel and camera software company Mobileye to bring self-driving cars to the road by 2021, becoming the first major automaker to set a specific date to produce a fully autonomous vehicle. The technology