A few hours after Elon Musk berated analysts for what he perceived as unimaginative questions, Volkswagen has said it was writing a cheque for batteries that almost match Tesla’s entire market value. VW has awarded
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Henry Ford didn’t invent the motor car. The late 1800s saw a flurry of innovation by hundreds of companies battling to deliver on the promise of fast, efficient and reasonably priced mechanical transportation. Ford later came
Nvidia, trying to spread its industry-leading graphics chip technology into new areas, has said Uber Technologies and Volkswagen will use its artificial intelligence expertise to help bring self-driving cars to the roads. Uber
BMW is targeting another ambitious hike in plug-in hybrid and battery car sales next year to defend its position in the electric-car shift as competitors like Volkswagen ready their own battery line-ups. The planned increase to about
Toyota, which has made a big bet on hydrogen-powered cars, is looking more isolated as industry rivals double down on plug-in electric vehicles as the dominant technology in the emerging post-fossil fuel era. Three years ago, Toyota
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
Are electric cars ready to stand on their own? If you took a spin down to the New York International Auto Show last week and saw the $37 500 (R486 000) Chevy Bolt (electric) parked next to
Volkswagen’s namesake brand will present the concept of a fully electric crossover model in Shanghai next week to challenge Tesla’s Model X as the German manufacturer gears up to roll out a new zero-emission
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
Tesla has taken plenty of flak lately, notably for its tendency to burn through vast sums of cash without delivering profit. But in at least one respect it’s succeeding beyond CEO Elon Musk’s wildest dreams