Automotive

VW has 'one shot' to survive shift to digital era: CEO

Volkswagen needs to make urgent changes to become more of a tech company as the industry enters the digital era, CEO Herbert Diess said Thursday, warning that the German car giant had just "one shot" at staying in the game.

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.

Energy & Green Tech

Schumer proposes $462 billion car swap—gas for electric

Senate Minority Leader Chuck Schumer is moving Democrats' climate talk to where the rubber meets the road, proposing a $462 billion trade-in program to get millions of Americans out of climate-damaging gas vehicles and into ...

Energy & Green Tech

New car heating technology gives zero emissions

Zemission has developed a zero-emission catalytic burner for heating in electric and hybrid vehicles. The device will promote the uptake of plug-in electric vehicles (EVs) by increasing their driving range.

Energy & Green Tech

California drives toward an electric future

The pressure is on for California to meet its clean-vehicle goals. In less than two years, 35% of vehicles sold must have zero tailpipe emissions. And by 2035, all light-duty vehicles sold must be zero-emissions.

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

Toyota full-year net profit beats forecast

Top-selling automaker Toyota said Wednesday that its full-year net profit beat expectations and projected better sales and revenue for the year ahead as supply chain disruptions ease.

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