The VW ID.4, Volkswagen’s global entry in the race to electrify private transportation, will hit the U.S. early in 2021, with inaugural pricing as low as $39,995 before incentives. The compact electric SUV is first in a series of all-electric…
Says Focus Should Be On Company, Not Him Trevor Milton, the self-assured founder of fuel-cell electric truck developer Nikola Corp., is leaving the company after a short-seller accused him of building a business based on fraudulent claims that overstated the…
2022 Model Will Have Hybrid and PHEV Versions Hyundai’s new Tucson, redesigned for 2022, will come in conventional and plug-in hybrid flavors. Hyundai unveiled the fourth-generation of its compact Tucson crossover utility this week in Seoul, setting a mid 2021…
Issues lengthy rebuttal to research firm’s incendiary report Nikola Corp., under fire from a short seller for alleged fraudulent performance claims, has issue a lengthy statement rebutting the allegations, calling the report by Hindenburg research “false and defamatory.” Additionally, Phoenix-based…
Nikola Founder Says Allegations False, Calls for SEC Probe An investment research firm betting on the collapse of electric truck developer Nikola Corp. has called the fast-rising startup a company built on fraud. The incendiary allegations, contained in a lengthy…
Electric truck developer Nikola Corp. has signed a massive deal with General Motors that will see GM building Nikola’s upcoming Badger pickup and supplying the Arizona-based company with fuel cells and batteries for most of its vehicles. The deal will…
“They earned it,” company founder says of $233-millon gift from his personal holdings. [A 2 min., 30-sec. read.] Nikola Corp.’s founder and chairman, Trevor Milton, gets a big checkmark in the “good boss” column: He has given more than 6…
[4-min. read] VW Expands for EVs Volkswagen says it will expand its North American Engineering and Planning Center in Chattanooga, Tenn., to include a major EV research, engineering and assembly facility. The expansion will include a high-voltage battery development and…
Nissan is adding a second EV to its lineup next year as the Ariya compact crossover joins the venerable Leaf in the stable. The aim, besides staying fresh and offering shoppers additional choice, is to beat back the Tesla onslaught…
Hyundai says it will now reserve its Ioniq nameplate for pure EVs, creating a distinct electric vehicle brand with three new models coming through 2024 and more after that. The new brand is to be global,but there’s an emphasis on…