Choice of new BMW CEO solidifies automaker’s electric plans

Incoming BMW CEO Oliver ZipseIn naming its former head of manufacturing, Oliver Zipse, as its new CEO, BMW is doubling down on its strategy of building electric versions of its mainstream cars, rather than a separate line of EVs. Zipse, who will take over August 16, when current CEO Harald Krueger steps down, is credited with developing the new strategy after the company lost...

Lotus Evija supercar marks start of a new electric era for sports-car brand

Lotus EvijaLotus is no newcomer to electric cars, having produced the chassis for the original Tesla Roadster. On Wednesday, the British sports car company unveiled its own electric sports car, the Evija, which it says will be the most powerful car on the market with electric motors producing 1,973 horsepower. The company didn't list its battery size, but...

Seres EV startup postpones US launch amid downsizing

2020 Seres SF5Seres, the startup electric carmaker formerly known as SF Motors, is shelving plans to bring a new electric car to market in the U.S. The electric-car company was founded in 2017 when the Chinese industrial company Sokon bought the battery-technology company founded by former Tesla CEO and founder Martin Eberhard. At the Shanghai auto show in...

Polestar 2 performance package cues rivalry with Tesla Model 3

Tesla Model 3 vs. Polestar 2Quite a few automakers are gunning for Tesla, especially startup automakers in Silicon Valley and China. Perhaps the most direct, credible threat, however, comes from Polestar, Volvo division that plans to focus on performance-oriented electric cars. The Polestar 2, planned to debut late this year, is aimed directly at the Tesla Model 3, with a...

Polestar 2 performance package cues Tesla Model 3 rivalry

Polestar 2Quite a few automakers are gunning for Tesla, especially startup automakers in Silicon Valley and China. Perhaps the most direct, credible threat, however, comes from Polestar, Volvo division that plans to focus on performance-oriented electric cars. The Polestar 2, planned to debut late this year, is aimed directly at the Tesla Model 3, with a...

Next-generation Fiat 500e electric car arrives for Europe in 2020

Fiat Concept Centoventi conceptFiat Chrysler Automobiles has announced plans to build up to 80,000 copies of a new electric Fiat 500 at the company's Mirafiori, Italy, factory starting in 2020. The company's chief operating officer for Europe, the Middle East, and Africa, Pietro Gorlier, told Reuters earlier this month that the new 500 will be a dedicated electric car. The...