Growth in electric vehicle sales has been slowing, but the Italian luxury carmaker is stepping up investment and setting ambitious targets.
More technology and creature comforts, as well as a parade of new electric vehicles, have complicated the job after accidents.
The new company, which is aiming to go public this year, has performance E.V.s planned, with Volvo’s safety in its DNA.
The company’s Lexus brand will only sell electric cars by 2030 in China, Europe and the United States.
Vehicle makers shy away from traditional materials that are hard to recycle, like leather and plastics, and look to repurpose alternatives that still convey quality.
There’s money in the air at Monterey Car Week, so where better to sell a rare new Bugatti or Ferrari?
Unlike its global rivals, the German carmaker has not set a date to phase out gas-powered cars, and investors aren’t pleased. BMW says its next model will prove critics wrong.
The automaker should be able to win back some customers who drifted to Tesla, and hold onto the Tesla-curious.
Muscle cars have fought for decades to be the brawniest. Now electric cars are pushing the envelope, past even 1,000 horsepower.