Electric Mobility News

Both companies denied media reports that said the U.S. company was ending cooperation with BYD on battery supplies.

The new SSP Platform is also expected to underpin the successor to the Taycan and the Panamera

The Japanese automaker said it will use the same components across models to make electric powertrains smaller and lighter, and reduce costs.

Mitsubishi said it will roll out 16 new models over the next five years.

Production is running at least a third below plan, keeping the Ariya from shipping to new customers

The Japanese automaker was a pioneer in electric vehicles (EVs) with its all-battery-powered Leaf but has struggled alongside many legacy automakers in the face of increasing competition from nimbler new entrants.

Rivian said it was sticking to its official production forecast of 50,000 electric vehicles in 2023.

Musk and more than a dozen executives laid out fresh plans to cut assembly costs by half, invest in a new plant in Mexico and discussed the company's innovation in managing its operations at Tesla's investor day