Despite sticker prices in the millions, the storied brand chronically lost money. The Croatian firm Rimac will take a controlling interest.
Buying an electric car can be exciting and bewildering. Consider what kind of car you want and need and where you will charge.
Test-driving Volkswagen’s ID.4, Ford’s Mustang Mach-E and Volvo’s XC40 Recharge: The green turf where Tesla has dominated for so long is poised to grow crowded.
The settlement between LG Energy Solutions and SK Innovation ensures that a battery plant in Georgia will go forward without hampering electric vehicle production.
The president is hoping to make electric vehicles more affordable to turn a niche product into one with mass appeal.
“At the end of the day, it was a bit of fun with the name and the brand,” a Volkswagen spokesman said.
In the aftermath of a diesel scandal five years ago, executives made a commitment to electric vehicles that now is paying off.
The German carmaker outlined ambitious goals to build battery factories as it ties its fate to electric cars.
Even before G.M. announced it would work toward eliminating emissions from its vehicles, more automakers were putting E. V.s in their showrooms. Here’s a roundup.
Carmakers, government agencies and investors are pouring money into battery research in a global race to profit from emission-free electric cars.