Tag: Reports

Gas-Powered Cars Like The Mustang Still Crucial To Our Growth, Says Ford

There’s no doubt that Ford believes in EV technology. It has launched the Mustang Mach-E and F-150 Lightning, and has committed to spending $50 billion in the coming years to invest in new electric vehicles factories and to update old plants to handle the shift away from combustion technology. But that shift is only a […]

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VW Could Move Production Out Of Germany Due To Natural Gas Shortages

Volkswagen is considering moving car production away from Germany if current problems with natural gas supplies extend into 2023. The drastic plan is one of several being discussed at Wolfsburg and could potentially result in Volkswagen switching production for several model lines from its German and Eastern European plants to other VW Group factories in […]

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Lotus Completes Fundraising Round Valuing Technology Arm At $4.5 Billion

Lotus Technology has just completed a round of fundraising that values the technology arm of the sports car manufacturer at almost $4.5 billion. While the company has not revealed just how much money it raised nor has it named the investors that participated, Reuters reported last year that Lotus Technology was aiming to raise between […]

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China Could Retaliate Against America’s “Discriminatory” EV Tax Credits

The Inflation Reduction Act (IRA) was supposed to help spur electric vehicle adoption, but it’s confusing buyers, angering other countries, and leaving some automakers unsure if upcoming models will qualify for incentives. In a sense, it’s been a mess and that’s before factoring in the countless electric vehicles that are no longer eligible for incentives […]

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Three Dodge Muscle Cars Worth Combined $228k Stolen From Philadelphia Dealership

Thieves broke into a Philadelphia Dodge dealership and escaped with three muscle cars worth a combined $228,000 last weekend, local police say. The Northern Lancaster County Regional Police Department was called to Zartman Dodge in Warwick County at 3.30 am on Sunday to find a crew had forced entry to the lot and taken a […]

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