The epic fight over who controls the future of the car industry is about to get a whole lot more interesting.
Car makers are having to get creative to cope with the global shortage of semiconductors.
Volkswagen plans to take on Tesla in a key electric vehicle battleground: power infrastructure.
In just one frenetic trading session, Tesla added $118-billion to its worth, or almost double that of Ford’s entire market capitalisation.
Tesla shares are staging a comeback as investors expect the electric car maker to navigate the crippling semiconductor shortage better than rivals.
An EV uses the same rechargeable lithium-ion batteries that are in your laptop or mobile phone, they’re just much bigger and much more expensive.
Volkswagen of America’s purported name change to “Voltswagen” was an April Fool’s joke gone bad.
BMW has timed its shift to electric cars well and its upcoming products will upend the perception the German car maker is behind on electrification, its top executive said.
Volkswagen’s boss, Herbert Diess, is realistic about the threat posed by software-savvy and richly valued rivals such as Tesla, but he’s adamant that VW can prevail. On current form, he may be right.
Just like Samsung has an edge over Apple with its superior smartphone display, there is one area where VW may be ahead of Tesla: The German car maker has placed a big bet on next-generation lithium-ion batteries.