British luxury carmakerAston Martin has officially announced that its second major UK manufacturing facility will become the brand's centre for electrification - and the production home of the Lagonda brand, the world's first zero-emission luxury marque.

A UK-based financial services firm has claimed that China has stolen a march on other countries, and will lead the global autonomous vehicle market, which is expected to be worth around $1 trillion by 2040. IHS MARKIT has suggested that China will spearhead the self-driving revolution and said that the country had already embarked upon a number of initiatives aimed at establishing itself as the major player in the emerging industry.

China’s GCL, a leading solar equipment manufacturer, is considering to move into the electric vehicle sector, more specifically public transport and delivery vehicles, given its knowledge in energy, a step that will make it rise above its competitors in this industry.

Slovakian aviation firm AeroMobil has unveiled its futuristic electric flying car concept which is set to go into production in 2020. At a press briefing, the company introduced its AeroMobil 5.0 VTOL which has been specifically designed for intra-city travel in an effort to alleviate the chronic traffic issues posed by urban congestion.

US car manufacturing colossus Ford Motor has announced that it is currently weighing up the prospect of entering into a joint-venture with Chinese automotive firm Zotye. The collaboration between both parties would see them combine their expertise in order to develop and manufacture electric vehicles under a new brand - in a bid to exploit the boom for electric cars in the world's leading auto market.

The focus on self-driving technology, electrification and autonomy continues to accelerate and that was evidenced further by the investment in Silicon Valley based start-up NAUTO, by General Motors and SoftBank Group.

The BMW Group continues to drive the expansion of electro-mobility as part of its Strategy NUMBER ONE > NEXT. To achieve this, the company is adapting its production structures to growing demand for fully and partially electrified vehicles. Just seven months after opening its battery factory in China, the BMW Brilliance Automotive (BBA) joint venture today laid the foundation for a comprehensive expansion of the plant. At the “High-Voltage Battery Centre Phase II”, BBA will produce the new, more powerful batteries of the fifth-generation BMW eDrive technology for the fully-electric BMW iX3. Starting in 2020, the BMW iX3 will be built at the neighbouring BBA plant Dadong.

German car manufacturer Daimler has announced that it plans to invest $735m in electric vehicle production in China. In a statement issued to the press, Daimler announced that alongside its Chinese joint venture partner BAIC Motor Corporation will jointly invest 5 billion yuan ($735M) in the pursuit of battery electric vehicle production in China by 2020. In addition to this, it further disclosed its commitment to provide the infrastructure that is required.

Google has ramped up their self-driving project by acquiring an additional 500 Windsor-made Chrysler Pacifica Hybrid minivans. The US tech giants are offering rides to the general public as it continues to carry out initial tests of the technology in the minivans.

UK car manufacturing colossus Jaguar Land Rover and ride-hailing service Waymo owned by US technology giants Google, have announced that they will partner on the development of a new self-driving electric car.

Tesla CEO, Elon Musk has claimed that there has been close to half a million reservations on the eagerly anticipated Model 3. Musk made the comments as the US-based electric car manufacturer released the first 30 Model 3 vehicles to employee buyers.

Tesla has a reputation for producing vehicles capable of quick-acceleration, but they want its cars to be even faster. Its latest model 'electric car' just clocked acceleration times than beat a Porsche and a Ferrari!

Tesla's latest production model Tesla SP100D accelerated from 0-60 miles per-hour in a dizzying 2.28 seconds in a recent test conducted by Motor Trend. The phenomenal speed of the latest electric model from Tesla even caught the American automakers by surprise.

Japanese multinational car manufacturer, Toyota Motor Corp has confirmed that it will begin its production of electric vehicles on a mass scale in China by 2019. In addition to this, the automotive colossus which is headquartered in Aichi, declared that the electric model it plans to produce will be manufactured for the Chinese market solely.

US electric car manufacturer Tesla has informed its shareholders that it has entered into negotiations with officials in China in an effort to build electric cars and battery packs in Shanghai. Tesla which was founded by South African entrepreneur Elon Musk has come under fire in the US in recent months following a series of collisions, some fatal involving Tesla models.

US software company Microsoft has formally announced that it will open a new Internet of Things (IoT) lab in Munich, Germany. Industrial companies in Europe are bolstering efforts to modernize production with sensors and software - and Microsoft has recognized a gap in the market to grab a portion of the spending.

German car manufacturing firm Volkswagen has delighted their customers by publicly announcing its plans to reincarnate its famous microbus! The iconic VW microbus which became a symbol of hippie counterculture in the 60's was in production from 1950-1980.