Electric Cars
VW to invest $A118 billion in EV and digital technology in “race to keep up with Tesla”
VW to invest €73 billion ($AU118.7 billion) to accelerate the company’s transformation into a digital mobility company, and to try and keep up with Tesla.
Hyundai turns to new battery supplier in light of Kona EV battery fires
Hyundai to source more EV batteries from SK Innovation to reduce reliance on LG Chem batteries following Kona EV fires.
Tesla shares leap on news it will join prestigious S&P 500 index
Tesla stocks surge 13% after trading on Monday on news it will be added to the prestigious S&P 500 index.
Germany’s economy minister wants electric car subsidies extended until 2025
Germany’s economy minister joins growing chorus of calls for extending subsidies to boost rollout of electric cars.
Musk urges caution as testers say latest Tesla FSD upgrade is “huge improvement”
Latest version of Tesla Full Self Driving beta self-driving software upgrade labelled “huge improvement”, while Elon Musk urges testers to remain “super cautious”.
Rivian opens electric ute and SUV configurator page, launch confirmed for June
Rivian to open all-electric ute and SUV configuration page on Monday (US time), with US deliveries to commence in June 2021.
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