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Battery producer says Tesla competition is not menacing


LG Chem, the South Korean auto battery maker that seems poised to dominate the global market for the packs that represent the lifeline of plug-in hybrid and electric cars, says it would take hold of 25% of the segment’s US sales by 2017. Although many analysts, executives and observers forecasted electric cars as the next big thing for the automotive world, ...
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Germany mulls increased EV sales with free parking plan
Chancellor Angela Merkel's legislators aim to increase the number of electric cars on Germany’s roads to one million units by 2020. The threshold is highly ambitious, as at the beginning ...
Report – China could introduce $16 Billion EV-charging program
According to sources that have knowledge of the matter, the Chinese government aims to establish a fund that would provide up to 100 billion yuan ($16 billion) for the construction ...
New smart to have EV and convertible variants
Last week, Daimler took another leap of faith, showcasing Smart’s brand new ForTwo and ForFour cars. The two–door variant will further be expanded with electric and convertible variants. The four-seat, four-door ...
South Korean Spirra Electric Sports Car going to Europe, will cost EUR200k
The South Korean company called Oullim Motors will be introducing an electric version of the Spirra on the Old Continent, where the model will have a price tag of 200,000 ...
Spark EV battery production relocated to the US
General Motors announced that for its 2015 Chevrolet Spark electric vehicle the battery assembly would move to its Brownstown Battery Assembly Plant, with the facility assembling all further batteries for ...
China: Daimler and Byd show their electric vehicle
At the 2014 Auto China in Beijing, the German automaker and its Chinese partner revealed the production ready version of the first model from their new electric car brand. The Denza ...
Saab sees revival through electric cars and China sales
Although merely a year has passed since it went out of bankruptcy and with just two cars a day rolling off its production line, Saab is betting on a yet ...
The UK is not encouraging EV’s too much
Great Britain is lagging behind its own targets for spending to support electric car use, prompting calls for more to be done to keep pace with other countries. Just a third ...
Volkswagen searches for EV breakthrough
Volkswagen is teaming up with Protean Electric, a promising battery-car technology supplier, to test a new system that could dramatically alter the way electric vehicles are designed and built. The German ...

latest automotive news
First Koenigsegg One:1 registered in Germany, power leads to computer glitch
The first ever production version of the Koenigsegg One:1 has been recently registered in Germany. The world’s first megacar is named ...
Next-gen Audi A8 to be the company’s first autonomous vehicle
The German based automaker Audi will soon introduce its first ever production autonomous car, in the shape of the next ...
Honda to pull the plug on the Euro-spec Accord in 2015
The Euro-spec Honda Accord will be discontinued next year as the company has recently announced. One of the most popular vehicles ...
New Nissan Concept teased for Sao Paulo Motor Show
A new teaser image with a brand new concept has been released by Nissan ahead of the model’s debut set ...
Paul Bailey buys Ferrari LaFerrari
Famous successful businessman Paul Bailey has apparently added a brand new ride to his garage, a red Ferrari LaFerrari. Paul Bailey ...
Lamborghini Reventon for sale
A Lamborghini Reventon, which is basically brand new, is currently being offered for sale in the Middle East. Petrol heads with ...
2015 Dodge Charger SRT Hellcat costs $63,995
The 2015 Dodge Charger SRT Hellcat is getting ready to reach its future customers with a starting price of 63,995 ...
China-made Range Rover Evoque
JLR has recently inaugurated its first assembly plant outside the United Kingdom with Chery Automobile Company, located in Changchu, China. Jaguar ...
US: dwindling electric auto sales bring price cuts
The battery-operated electric cars have been heralded as the response to global warming and increased pollution. The only issue? They’re ...
2015 Volvo XC90 – official price list announced for Europe
The official price list for the brand new 2015 Volvo XC90 has been recently announced by the Swedish based automaker ...
Recall roundup: 1.14 million Volkswagen cars
The German based automaker Volkswagen has recently issued a recall for 1.14 million cars in China and the United States ...
2015 Volkswagen Tiguan gets priced in Australia
Volkswagen has announced the official price list for the 2015 Tiguan in Australia, where the model goes in from 27,990 ...
US: auto industry braces for upcoming cyber attacks
Hackers have been a plague for many businesses and industry segments since the computer revolution, but they’re now also targeting ...
Chevrolet Colorado Sport Concept going to SEMA
The North American based automaker Chevrolet has recently announced the official debut of the Colorado Sport Concept at the 2014 ...
GM and Ford expected to report positive third-quarter earnings
This is financial week for the largest and second-biggest US automakers, with General Motors due Thursday and Ford the next ...
2015 Volkswagen Beetle Classic gets priced in the U.S
The 2015 Volkswagen Beetle Classic will be available for its future owners starting in at 20,195 USD. Volkswagen has recently announced ...
China: PSA and Dongfeng start the construction of their fourth plant
The French automaker’s China joint-venture partnership with domestic carmaker Dongfeng Motor has started building their fourth assembly facility, a plant ...
Ferrari 458 Italia crash kills occupants
A Ferrari 458 Italia crash, in Middleton, near Boston, has ended the life of the driver and the occupant. A horrific ...