Is former Nio JV Chinese EV brand Hycan about to go bust?

Ferrari builds a new factory—just for electric cars

Ferrari e-buildingFerrari is prepping its first EV The new electric car will be built at its own newly-built factory in Maranello Ferrari plans for most of the factory's power to come from sustainable sources Ferrari recently unveiled an expansion of its factory to accommodate production of the automaker's first EV. The reconfigured "e-building" factory will...

CA wants EVs to be more affordable

2025 Nissan LeafCalifornia residents can qualify for an incentive of up to $14,000 for EVs and charging hardware Some incentives depend on scrapping an older vehicle The state wants all new vehicles sold there to have charge ports by 2035 California is introducing a new EV incentive program to give up to $14,000 to low-income shoppers. First spotted by...

McLaren CEO asks UK to lead “power-dense battery cell manufacturing”

2025 McLaren Artura SpiderThe CEO of McLaren wants the U.K. government to help create a battery supply chain The new supply chain would lead to power-dense battery cell manufacturing This would all lead to future McLaren electric supercars being produced in the U.K. McLaren Automotive CEO Michael Leiters is calling on the U.K. government to invest in the country's battery...