Porsche, a German luxury automobile manufacturer specializing in high-performance sports cars and SUVs, is reportedly developing another electric sports car, dubbed the electric 718.

The Performance version of the Tesla Model Y compact crossover utility vehicle has become a little bit more expensive to order in China, thanks to the latest pricing tweaks by the American EV manufacturer.

Porsche, one of the largest and most traditional sports car manufacturers in the world, has embarked on the path to gradually electrify the whole of its lineup, and the recently unveiled “Mission R” concept represents its vision for zero-emission races in the future.

Guangzhou Automobile Corporation (GAC), a Chinese EV manufacturer and subsidiary of Guangzhou Automobile Industry Group, recently took wraps off a new electric vehicle (EV) that reportedly comes equipped with a battery that that can achieve 0-80 per cent charge in just 8 minutes.

American entrepreneur Elon Musk has confirmed that Tesla Motors is mulling plans to open its Supercharger network (a network of 480-volt direct current fast-charging stations) to other automakers as soon as before the end of 2021.

The 2022 Audi e-tron GT will be available in the United States starting this summer with a price tag of $99,900 before any state or federal tax incentives, the German luxury car brand announced.