Suppliers across the globe are making substantial investments in silicon carbide microchips, driven by the imperative to aid automakers in achieving their ambitious electric vehicle goals. These suppliers are pouring billions of dollars into either...

Lotus has marked a manufacturing rebound with the record production of over 2,200 Emira sports cars during the first half of the year at its U.K. Hethel manufacturing base in Norfolk, England. The exact number...

Lucid Motors, despite a second-quarter net loss of $764.2 million, remains committed to achieving its 2023 production target of 10,000 Air sedans, having delivered 2,810 units in the first half of the year. In an...

Volkswagen is facing trouble with its electric vehicle strategy for the European market. Indeed, Volkswagen recently announced a two-week pause in EV production, citing lower than anticipated demand. A two-week pause effectively means production cuts....

Volkswagen had to show some kind of public remorse for the mass fraud exposed during Dieselgate. And ex-Audi CEO Rupert Stadler has become the white-collar criminal who is the brand ambassador of Volkswagen’s collective penitence....

In a move to streamline operating and manufacturing costs and enhance profitability, Volkswagen has decided to discontinue the slow selling VW Arteon, which currently stands as the sole shining star in its product portfolio. Under...