Tag: Vauxhall
VW invests up to $5bn in Tesla rival, Ford teases ‘Capri’ EV
German car-making giant Volkswagen (VW) says it will invest up to $5bn (£3.94bn) in Tesla rival Rivian. The deal creates a joint venture that will allow VW and the US-based electric vehicle (EV) maker to share technology. Rivian shares jumped by almost 50% after the announcement. The tie-up comes as competition intensifies between EV makers…
Vauxhall owner says car plants could close, Record labels sue AI start-ups
The owner of the Vauxhall, Peugeot and Citroën brands has warned its car plants in Ellesmere Port and Luton could close unless market demand for electric vehicles and “stupid” regulatory conditions change. The UK managing director of Stellantis said the company did not want to shut operations in the UK but it would make a decision in…
ShinyShiny tech roundup: Vauxhall backs ‘Build Back Greener’ strategy
Vauxhall Mokka-e. Image: Vauxhall With the COP26 global climate summit around the corner, the UK government has announced another push towards electric vehicles (EVs) as part of an overall shift to a carbon-neutral economy. Ministers are investing £620m in grants for electric vehicles and street charging points. Carmakers will also be…
