Tesla has spearheaded the development of electric mobility. For a long time, the world’s largest automaker, Volkswagen, was content to stand by and watch. Now the group is playing catchup, pledging to switch increasingly to all-electric.
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LG Energy and SK Innovations have reached a $1.8 billion (€1.5 billion) settlement over stolen corporate secrets. The deal is a boost for US car manufacturers.
The carmaker presented an all new electric S-Class Thursday, its first ground-up electric vehicle. The German auto industry has been slow to switch to electric, but is that changing? Investors are bullish.
News of more fatalities caused by self-driving cars is a setback for an industry promising to make driving safer. A closer look reveals a crowded sector with a lot of growing pains still ahead.
The German automaker Volkswagen had said it was renaming its US operations to "Voltswagen of America" as it shifts focus to electric vehicles. But it was just a prank.
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