Hyundai enters the $25,000 EV fray with new subcompact Inster from Korea
South Korean automaker wants its new Inster all-electric subcompact crossover to sticker below $26,798, putting it in the sweet spot of EV affordability.
Magna International founder Frank Stronach faces eight more sexual assault charges in Canada
Frank Stronach, the founder and long-retired CEO of Magna International, North America’s biggest auto parts supplier, faces eight additional criminal charges in connection with a sexual assault investigation by Toronto-area police.
VW’s $5 billion Rivian deal raises doubt on Scout’s EV revival
Volkswagen AG’s tie-up with Rivian Automotive Inc. leaves in limbo the future of the German carmaker’s plan to revive the Scout brand that’s aimed at the same buyers as the developer of electric SUVs.
5 EV trends in latest U.S. registration data
Tesla registrations fell for a third straight month in April, Toyota’s bZ4X made the top-10 model list, factory incentives soared, and EV market share rose to 7.4 percent, data from S&P Global Mobility showed.
Why Volkswagen is pledging $5 billion to Rivian in EV software deal
Shifting from combustion engines to electric vehicles requires expertise in areas where historically Volkswagen has little experience, from charging to batteries to software.