(CNN Business)Ford is creating two new business units, one for electric vehicles and software and another for its traditional internal combustion vehicles. These companies will report their financial results separately from the rest of Ford but they will not be spun off as entirely separate companies. This new corporate structure will allow investors to more
You only have to look at the line-up for this season of Formula E, the world’s top all-electric racing series, to see how much it means to road-car manufacturers: Audi, BMW, Jaguar and Nissan were all on the grid for the fifth season’s opening round, the Saudia Ad Diriyah E-Prix in Riyadh, on Saturday. Porsche
As Formula E kicks off its fifth season on December 15, huge automakers like Porsche, BMW, and Mercedes-Benz are finally joining the electric-racing circuit. Is this the beginning of the end of internal-combustion racing? Porsche quit the Super Bowl. The German automaker rattled the racing industry when it announced it was pulling out of Le
Sir Richard Branson says plans to ban the sale of new petrol and diesel vehicles from 2040 need to be brought forward. The Virgin founder funds a team in Formula E, the motorsport which is pioneering new technologies for electric cars. He says the deadline should be brought forward to 2025, in line with some
[Includes some nice ZOE footage] Renault is at the forefront of the electric automotive sector and is helping to foster the move towards more sustainable racing. Renault participation in Formula E is a boost for the development of the electric range of road-going vehicles. Renault’s commitment to the sport has equally portrayed its readiness to
Find out why this electric racing series has a shot at becoming huge — and how its technology could change the cars we drive for the better. It might seem a bit of a stretch to say that a motor race can help save the world, but with Formula E, that’s not such an outlandish
Richard Branson, feels that the FIA approved Formula E electric car series will replace Formula 1 as the world’s most watched racing format. Branson, who owns the Virgin Racing team, was speaking at the final round of the 2015 Formula E season run at Battesea Park in London. The last race of the series, run
Jeremy Clarkson may have something to say about it, but the testosterone and fossil-fueled sport of Formula 1 is apparently going green. The former Top Gear presenter would undoubtedly defend a sport in which 8,000 liters of fuel is burnt in a weekend, but as it turns out, Clarkson and other F1ers are dinosaurs: Formula
As was announced earlier, Formula E is looking to diversify the race cars in season 2. In the first season, the cars were all the same in an effort to make to the series very competitive and the cost of entry cheap. The move from a common car to a whole set of different cars
There’s been no shortage of excitement during the first four Formula E races. As well as stunning overtakes, there’s also been plenty of crashing. Ranging from simple mistakes, to massive hits, we’ve selected the five most jaw-dropping so far. No-one was hurt in any of these incident, although there were some bruised egos and hard-hit
