The Italian government is contemplating a substantial 930-million-euro ($1 billion) initiative designed to incentivize the transition from traditional gasoline or diesel vehicles to electric cars, according to multiple media sources. The proposed package involves financial...

BYD, the Chinese electric-vehicle manufacturer, is set to establish its inaugural European car factory in Hungary. The move underscores BYD’s commitment to expanding its presence in the global automotive landscape. The forthcoming facility, located in...

Lucid is currently facing challenges, with the company in the process of being delisted from the Nasdaq-100 Index. The Nasdaq-100 Index made up of 100 of the world’s foremost large-cap growth indexes, meaning companies with...

Former WWII General and President Dwight D. Eisenhower coined the term “Military-Industrial Complex” in his Farewell Address to the Nation on January 17, 1961. In issuing this warning, he aimed to caution the public and...

The highest-priced and most powerful version within the BMW 5 Series model range is the i5 M60 xDrive, featuring full-electric capabilities and four-wheel drive, with a starting price of €99,500. In terms of European sales...

In March, VW unveiled the specifics of a fully-electric ID.2 currently in development, set to be priced below 25,000 euros. The vehicle is scheduled for launch by 2025, boasting a 280 mile (450-km) range and...