Hispano Suiza teases the new Carmen Sagrera – its third all-electric hypercar [Video]

Legacy Spanish automaker Hispano Suiza is gearing up to wow the public again with its latest all-electric hypercar. Donned the Carmen Sagrera, this new bespoke vehicle will arrive later this year as a nod to the Hispano Suiza’s extensive history and is promising some sportier improvements while retaining the brand’s “hyperlux” design philosophy. Peep the teaser video below.

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Rivian (RIVN) confirms more affordable R2 electric SUV will launch in Europe

With less than three weeks until the R2 is finally unveiled, Rivian (RIVN) confirmed it will bring the more affordable electric SUV to Europe.

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Tesla Cybertruck is a mistake turned marketing tool

I think Cybertruck was a mistake for Tesla as it created this gap in growth for the company, but the automaker is making the most out of it as it turns the electric pickup truck into a marketing tool.

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Volkswagen debuts the ID.7 Tourer, a spacious station wagon with impressive range

Volkswagen Group announced a new addition to its ID line of electric vehicles today, launching the ID.7 Tourer – a variant of the original fastback saloon with added cargo space and some enticing range. The estate car, better known in the States as a station wagon, arrives as one of the only all-electric options in the upper mid-size category in Europe.

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Ford cuts 2023 Mustang Mach-E prices in Canada by up to $13,000

If you were looking to get your hands on a new Mustang Mach-E in Canada (or even the US), now may be a better time than ever. Ford drastically lowered prices on the 2023 Mustang Mach-E in Canada with up to $13,000 in savings.

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Another EV startup gets stern Nasdaq warning

More bad news for Californian EV startup Fisker, as it now faces a possible delisting from the Nasdaq due to low stock prices for 30 consecutive days.

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BYD is buying back stock to fuel its dominant global expansion with new EVs

The world’s EV leader, BYD (OTC: BYDDY), announced a stock buyback plan as it continues expanding into new markets. BYD is pushing into different segments with new luxury EVs and mid-size electric SUVs.

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Stellantis mulls building Chinese EVs in Europe for joint venture partner Leapmotor

Four months after announcing a joint venture with Chinese EV automaker Leapmotor, Stellantis is reportedly mulling taking the strategic cooperation further by building hundreds of thousands of BEVs for its new partner in Italy to serve the European market.

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A major auto supplier for Tesla, VW, Ford to slash 10K jobs

Forvia, a major supplier for Stellantis, Volkswagen, Tesla, and Ford, plans to cut as many as 10,000 jobs in Europe over the next five years. The news falls days after major auto supplier Continental announced that it too was cutting its workforce by 7,150 jobs.

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A major auto supplier for Tesla, VW, Ford to slash 10K jobs

Forvia, a major supplier for Stellantis, Volkswagen, Tesla, and Ford, plans to cut as many as 10,000 jobs in Europe over the next five years. The news falls days after major auto supplier Continental announced that it too was cutting its workforce by 7,150 jobs.

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