WOLFSBURG, Germany: Volkswagen has delayed the release of its first all-electric Golf. An internal cost scrutiny in the core of its production system has caused the automaker to delay its release of the compact-car brand, which is part of its compact-car strategy. A series of new-media announcements states that VW has resolved to postpone the launch of the next generation...
Both Mercedes and Audi have just announced intentions to manufacture gas-powered automobiles for a long time. The Stuttgart-based carmaker's CEO, Ola Källenius, said that staying with internal combustion engines for longer than anticipated was a "course correction" that was necessary. Simply said, the company has previously stated its intention to transition to electric vehicles "where market conditions allow" beginning in...
Porsche has officially said farewell to internal combustion models of the popular 718 Cayman and 718 Boxster. This fall, the cherished roadsters will conclude their existing generation, ending a chapter in the history of sports car fans. Since they were introduced in 2016, the 718 Cayman and Boxster have earned a reputation for their speed and enjoyable driving. Since it...
In a very significant change that is indicative of the current state of affairs in the luxury automotive sector, Maserati has officially abandoned the development of the MC20 Folgore, an electric supercar it was favorable to introduce to the market. As said by the management of the company, the decision-making process was informed by the low market demand for an...
BMW has recently begun ramping up the production of the updated BMW iX at one of its most popular manufacturing plants in Dingolfing, Germany. With the new release of this model as an electric SUV, a number of changes have been implemented with regards to handling, power, energy consumption, and other characteristics. This is an extension of BMW’s continuous development...
Currently, the Chinese tech firm Xiaomi is on the edge of a major evolution as it prepares for the EV segment in the international market. According to the report, Xiaomi’s President, William Lu, announced this at the Mobile World Congress held in Barcelona. Being one of the most innovative electronic products companies, Xiaomi is all set to disrupt the EV...
