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Volkswagen has confirmed plans to launch an all-electric car sharing service in 2019 to compete with the DriveNow and Car2Go services offered by Daimler and BMW. Called “We Share,” the service will initially be rolled out in Berlin, Germany, in the second quarter of 2019 using 1,500 e-Golf and an additional 500 e-up! models following later. From 2020, these vehicles will gradually be replaced by the electric I.D. hatchback, which is slated to begin production in late 2019. Following the launch in Berlin, We Share will be rolled out in other major cities in Germany, as we...
The clock is ticking for Tesla buyers in the US to receive the full $7,500 federal tax credit for electric cars. Tesla delivered its 200,000th car this month which means a slow phase-out of the tax credit has begun. Put in place early on in the Obama administration, the tax credit was seen as a tool that could be used to encourage customers to buy plug-in electric or hybrid vehicles. It was meant to offer consumers a bit of a break while the cost of battery technology slowly came down and to encourage manufacturers to push for greater advancements in that technology. Tesl...
Since the early 20th century, visionaries, investors, and automakers have played with the idea of a flying car. Audi, along with Airbus and several government entities, has signed a letter of intent to start the Urban Air Mobility project in Ingolstadt, Germany. The press release calls out the Pop.Up Next concept displayed earlier this year at the Geneva Motor Show. That concept worked by building an electric car that could detach from its motorized base and fly around the city via a quadcopter. The motorized base would need full, level 5 autonomous driving technology as the system ...
Volvo set out new ambitious targets for itself, saying it expects a third of all cars sold to be self-driving vehicles and half of all cars it offers to be available through its Care by Volvo subscription service, creating direct links to 5 million customers, all by the middle of the next decade. These business goals add to previously stated target that half of Volvo’s car sales will be pure electric vehicles by 2025. Volvo thinks that these initiatives will help it transform its connection to consumers and help it develop new connected services for consumers and generate prem...
Just like we have previously reported you, April wasn’t the best month for major automakers. Ford, Nissan, Fiat Chrysler and even Toyota have presented low car sales data, and here it comes Subaru with the best April in its history.The gain is entirely attributable to the Crosstrek, which is all-new for 2018. Sales of the compact, raised crossover climbed almost 70 percent for the month to 12,266. Year to date, Subaru has sold 45,728 Crosstreks, an increase of 66.6 percent. That helped push Subaru's total U.S. sales to 53,170 in April and 202,873 fo...