Tesla To Start Building Its European Gigafactory Next Year

Tesla wants the new plant to be up and running by 2021, with the Model Y the first model to be produced .

VW Group Increases Investment On EVs And New Tech To $66 Billion

VW’s supervisory board decided to boost spending on EVs and new tech for the next 5 years.

Former BMW Boss Markus Duesmann Is Audi’s New CEO

Duesmann will succeed Bram Schot as Audi’s new CEO, starting from April 1, 2020.

Daimler Seeking $1.1 Billion Of Savings Through Job Cuts At Mercedes

The German car maker will cut 10 percent of its management posts and seek to save another 300 million euros from staff costs.

Elon Musk Says Brexit Made UK “Too Risky” For Tesla’s European Gigafactory

Although the UK was their first choice, the uncertainty over Brexit forced Tesla to change their plans.

New Hyundai Santa Cruz Pickup Truck To Be Produced In Alabama And Go On Sale In 2021

Hyundai will finally start production of the Santa Cruz truck in 2021 .

German-Made Teslas To Become A Reality As Musk Confirms Berlin-Based Gigafactory

Tesla will build an assembly plant and an engineering and design center near Germany’s capital city.

BMW, Geely Approached By Tata In Search For Jaguar Land Rover Partners

Tata is reportedly in early talks with the two car makers and could still approach other companies.

Mercedes CEO Wants To Slash 1,100 Management Jobs, Freeze All Salaries As Part Of Cost-Cutting Program

Expected to be announced by Ola Kallenius on Thursday, these measures have triggered the works council’s anger.

Lordstown Motors Buys GM’s Ohio Plant, Wants To Build “Endurance” Electric Truck From 2020

Lordstown Motors is now looking to raise more cash to retool the plant in order to make its EV.

Germany To Increase EV Incentives By 50 Percent

The German government wants to speed up the transition to electric vehicles.

Lucid Begins Building Their Factory, Air Production Slated For Late 2020

The Air will go into production two years later than originally scheduled – but it’s better late than never…