Author: Joel Feder

Ferrari’s first EV debuting Oct. 9

Ferrari e-buildingFerrari will move forward with its EV plans in 2025 despite the electrification contraction at many low-volume luxury automakers. The first electric Ferrari is set to debut on Oct. 9. Ferrari CEO Benedetto Vigna confirmed the date of the automaker's first EV date during its Q4 and 2024 earnings results on Tuesday. Vigna called the upcoming EV the...

VW has no plans for 2-speed transmissions in EVs

2025 Volkswagen ID.7VW sees no need for multi-speed transmissions in EVs It tested a manual transmission for performance EVs More efficient EVs might be more expensive, VW says It seems Volkswagen won't be following Porsche or Mercedes-Benz. On Thursday at the 2024 Los Angeles auto show Kai Grünitz, head of global research and development for Volkswagen, told...

Rivian CEO: The world doesn’t need another Tesla

RJ Scaringe during media roundtableRivian CEO RJ Scaringe sees few compelling sub-$50k EVs Scaringe is amused by the interest in Scout CEO believes it's important to have a variety of EV choices "The world doesn't need another one of those," said Rivian CEO RJ Scaringe, referring to Tesla. "We think Tesla has done an amazing job," said Scaringe, during a roundtable session last...