Tesla makes a car in 10 hours, while we take over 30 hours.” This statement encapsulates the crisis felt by the German automotive industry in the face of the tsunami of electric vehicle (EV) ...

Automakers are increasingly investing in energy storage businesses as demand for EV batteries falters. Ford said in December it plans to convert one factory meant for EV batteries to energy storage ...

Tesla makes a car in 10 hours, but we take over 30 hours,” said Herbert Diess, chairman of Volkswagen Group, the world’s second-largest automaker, during a town hall meeting with employees at the ...