Waymo has closed a $5bn term loan, the first time the Alphabet-owned robotaxi company has raised money through debt. Pimco, Blackstone and Sixth Street led the loan, Waymo said on Thursday. The money will go into expanding Waymo’s driverless ride-haili…
Pony.ai will start testing its seventh-generation robotaxis in London in the coming weeks, ahead of a service on Uber. The Chinese self-driving company announced the plan on X on Thursday. “We look forward to working with local officials, and our partn…
While much of the automotive world sits dumbfounded as China gobbles up all its customers, BMW continues to roll out extremely well-crafted, technologically advanced electric vehicles that impress in both drive quality and price. The latest is the BMW iX4, a coupe-shaped SUV that puts a sportier spin on the automaker’s iX3. The iX4 is […]
The Type 01, Jaguar’s most important and divisive car in years, has arrived. The production follow-up to the polarising Type 00 concept, Jaguar says the electric, four-door grand tourer is its most powerful road car ever. Even though the Type 00’s design chief was reportedly fired earlier this year, most of its aesthetic has carried […]
Elon Musk said Tesla’s robotaxis are still working on spotting animals that blend into the road at night, describing the problem as grey kittens on grey tarmac, as Austin’s hours moved to 11pm from 10pm. The EU’s Technical Committee on Motor Vehicles v…
Tesla delivered 486,532 vehicles in the third quarter, down 2% year on year but well above the 461,000 analysts expected, with American electric sales down 47% in August after the federal credit expired. Its European registrations rose 43.3% between Ja…
GM’s third-quarter sales fell 5.5% and its electric models collapsed, with the Equinox EV down 92.4% to 1,905 cars after America ended its $7,500 purchase credit. Europe kept its mandates, where electric cars took 29% of new registrations in August and…
BMW’s first electric 3 Series will cost $4,400 less in the US than its most powerful petrol sibling. The 2027 i3 50 xDrive starts at $61,500 and the petrol M350 xDrive at $65,900, BMW said as it opened US orders. Both prices exclude a $1,350 destinatio…
Nissan has told Automotive News it wants hybrids and extended-range models to be its primary powertrain in North and Latin America by 2030. In Britain the same strategy is already built: a £170M hybrid Kicks is going into the Sunderland slot promised t…
When BMW first announced it was reimagining the i3 as an all-electric four-door sedan built on its Neue Klasse platform, it left out a lot of important details, like battery capacity, range, and price. Today, the German automaker is finally starting to fill in the blanks on the i3. Let’s start with price. BMW says […]