Subscribe to The Times
Home > News > Business

Business

Elon Musk Luton visit intensifies UK gigafactory rumours

Elon Musk UK visit intensifies gigafactory rumours

A visit by Tesla CEO Elon Musk to Luton has intensified rumours that the electric car maker is thinking of opening a gigafactory in the UK.
Published 21 May 2021
BMW Z8 designer planning $30,000 electric car

BMW Z8 designer planning $30,000 electric car

Henrik Fisker, the designer of the BMW Z8, has made an agreement with electronics brand Foxconn that aims to produce a $30,000 electric car.
Published 17 May 2021
Volvo considers public offering to fund electrification plans

Volvo considers public offering this year

Volvo is evaluating the possibility of an initial public offering (IPO) on the Nasdaq Stockholm stock exchange later this year.
Published 14 May 2021
Tesla stops accepting Bitcoin as payment

Tesla stops accepting Bitcoin as payment

Tesla has stopped accepting Bitcoin, less than two months after announcing the cryptocurrency’s introduction as a payment method for its cars.
Published 13 May 2021
Gordon Murray to develop 1000kg electric SUV — and another V12 supercar

Gordon Murray to make electric SUV — and a V12

Gordon Murray will create a new electric SUV under the new Gordon Murray Electronics (GME) brand, using £300m of fresh investment.
Published 11 May 2021
VW Group pushes for stricter emissions regulations

VW thought to support toughening EU emissions regs

The Volkswagen Group is now in support of toughening vehicle emissions standards in Europe while smaller rivals struggle to comply.
Published 06 May 2021
Uptake of pure-electric cars affected by reduction in government grant

Electric car sales affected by grant reduction

The uptake of electric vehicles has slowed following the reduction to the government's Plug-in Car Grant (PiCG).
Published 05 May 2021
Genesis announces first models for UK to take on premium rivals

Genesis announces first models for UK

Korean premium brand Genesis has confirmed it will begin car sales in the UK, Switzerland and Germany this summer, with a launch line-up of two s
Published 04 May 2021
Nearly-new electric cars cost more to run than petrol and diesel

Nearly-new EVs cost more than petrol, diesel

Electric cars bought one or two years after manufacture are costlier to run than petrol or diesel equivalents, according to the largest new and u
Published 30 April 2021
Toyota acquires Lyft’s self-driving division

Toyota acquires Lyft’s self-driving division

Toyota will acquire Level 5, the self-driving car division of ride-hailing company Lyft, for $550m (£396m), it has been announced.
Published 27 April 2021
Tesla blasted by Chinese state media over safety issues

Tesla blasted by China over safety allegations

Tesla has been attacked by state-run Chinese media over safety issues, after a video of a protester at the Shanghai Auto Show went viral.
Published 20 April 2021
Caterham taken over by Japanese automotive firm

Caterham's new owners' appetite for electric Seven

British car maker Caterham has said that there is "certainly appetite" among its new shareholders to make an electric Seven sports car.
Published 06 April 2021