How rapidly to make the switch is another question, and the one that is driving divergent strategies. Ryan Felton, of the Wall Street Journal, reports traditional auto makers have pledged to transform their model lineups to EVs, but timelines vary. Focused mostly on the profits, car makers do not want to get ahead of consumer […]
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General Motors, Ford, and other large manufactures have recently committed billions of dollars towards further development of internal combustion engines (ICE) and their dinosaur-juice fuelled vehicles. Commenting on his competitors’ slower move to electric vehicles, Volvo Cars’ new CEO Jim Rowan is promoting a different approach, and cautions his competitors against hedging their bets by investing […]