Lamborghini to spend at least $1.8B in path toward electrification, report says
Lamborghini has said it will shift its current models — the Huracan and Aventador sports cars, and the Urus SUV — to plug-in hybrid powertrains by the end of 2024.
Volvo adding Slovakian plant to underpin EV shift
The 1.2 billion euro factory will have a 250,000-unit capacity and is set to open in 2026. VW Group, Stellantis, Kia and Jaguar Land Rover already operate plants in the country.
Intelligence Report: EV targets for 2030
Automakers are overturning their product plans to move ahead on electric vehicles. But some wonder — will it be enough to satisfy environmental regulators?
Chevy Bolt buyers to get retroactive discounts ahead of price cut
Chevy plans to cut the price of the 2023 Bolt EV and EUV by about $6,000, so the brand is compensating customers who paid more when discounts and inventory were scarce.
GM, Ford to overtake Tesla in EV market share by 2025, study says
Tesla’s EV market share is expected to plummet from 70 percent today to 11 percent in 2025, according to the annual “Car Wars” study published by Bank of America Merrill Lynch.