Author: Dan Mihalascu

Tesla design chief Franz von Holzhausen says the long-overdue second-generation Roadster will be worth the wait.

Replacing the previously available front-wheel-drive models, they are the first rear-wheel-drive Volvos in 25 years.

Franz von Holzhausen says the yoke offers a great driving experience combined with Autopilot, makes the cockpit "simpler and cleaner."

Some analysts believe Tesla's move was the right thing to do long term, while others worry about thinning gross profit margins.

Significant price reductions have been reported in most European countries as well, especially for the Model Y and Model 3.

Oliver Zipse expressed his frustration with the Inflation Reduction Act, saying it favors US automakers.

Still, it brings a healthy increase of 20 horsepower over the existing motor.

The 0.83-liter single-rotor engine boosts the Mazda MX-30 e-Skyactiv R-EV's range to 372 miles.

Buick's second Ultium-based EV for the Chinese market has been uncovered by China's Ministry of Industry and Information Technology.

The average transaction price for a new EV dropped 5.5 percent to $61,448 in December driven by Tesla's significant price cuts.