Despite an awkward reveal, orders for Tesla's Cybertruck have grown to 200,000. Tesla allows customers to order the truck for a refundable $100 deposit.
"If we don't adapt, we're going to be left out," said CEO Klaus Zellmer.
CEO Elon Musk unveiled the "cybertruck" Thursday evening. A demonstration of the truck's shatterproof glass by its chief engineer failed when the window shattered.
Chairman Poetsch characterized the dramatic shift as a "transformation" of the Volkswagen Group.
As part of its ongoing strategy to sell electric cars to the Chinese, Tesla is hoping to receive its manufacturing...
As interest grows in non-carbon-based means of powering transportation, hydrogen fuel-cell producers are seeing a long-hoped...
“Among people who already own or want to purchase electric vehicles and plug-in hybrids, 48% say that a lack of charging...
The carmaker is announcing it will pay for its first plug-in electric vehicle customers' first year of charging costs.
Drivers in China were twice as likely than those in the U.S. to say they’d consider giving up car ownership (78% vs. 39%), with those in Europe falling in between (55%).
The merge will reduce material costs for both companies as the Swedish and Chinese automakers reduce cost.