Automotive

GM bets on e-vehicles with $1.4 bn investment in Brazil

General Motors said Wednesday it will invest seven billion reais (more than $1.4 billion) in Brazil in the next five years to develop electric vehicle production in Latin America's biggest economy.

Automotive

UK scraps subsidies for electric plug-in cars

Britain on Tuesday axed its £1,500 ($1,800) subsidy for buyers of new plug-in cars as it focuses on other types of electric vehicles, but the news drew anger from the auto sector.

Energy & Green Tech

Ferrari plans electric car debut only 'after 2025'

Italian sports car maker Ferrari is likely to launch its first fully electric model only after 2025, its boss said on Thursday, blaming insufficient battery technology for the wait.

Automotive

Citroen unveils new hatchback as virus pushes event online

PSA Group unveiled one of its most important new models Tuesday with 20 people physically present and 2,600 watching online - a marketing configuration that the coronavirus seems likely to accelerate across the industry now ...

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