Photo Credit: Volkswagen
German auto giant Volkswagen will invest $5 billion in US electric vehicle maker Rivian and create a joint venture expected to produce technology used by both automakers, the companies announced Tuesday.
Photo Credit:BMW
BMW is pushing forward with its electrification plans, and the upcoming electric M3 is set to redefine high-performance vehicles. According to BMW M CEO Frank van Meel, this new M3, slated for release in 2027, will “beat everything” on the road, leveraging a cutting-edge quad-motor setup to deliver unprecedented power and control.
Photo Credit: Mercedes
U.S. electric vehicle (EV) startups are grappling with declining demand due to high borrowing costs and expensive repair bills. This downturn has forced companies to pivot to cheaper models, cut back on production, and lay off employees to stay afloat.
Photo Credit: Boeing
Boeing said on Thursday that it is examining fasteners on some undelivered 787 jets after discovering problems with their installation in the latest manufacturing shortcoming to face the company.
Photo Credit: Ferrari
Ferrari is gearing up to unveil its first fully electric sports car, a move set to redefine the landscape of luxury electric vehicles. The highly anticipated model will make its debut in the fourth quarter of 2025 and is expected to carry a premium price tag of over $535,000 (€500,000).
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