Struggling electric automaker Faraday Future, once seen as becoming the biggest rival to Tesla, has suffered another major setback and is on the brink of insolvency. A federal judge has frozen Faraday Future CEO Jia "YT" Yueting's ownership stake in the company, according to new court documents filed Thursday.
Dec 14, 2018 5:23 PM PT
Hyundai Motors has announced the price of its new Kona, the company's first fully-electric SUV. The under $30,000 price tag an important price target for electric vehicle buyers and makes the Kona EV one of the most affordable electric vehicles in the U.S.
Dec 14, 2018 2:21 PM PT
China will temporarily suspend additional 25 percent tariffs on U.S.-made vehicles and auto parts the finance ministry said on Friday, following a truce in a trade war between the world's two largest economies. China agreed to suspend the tariff on 144 U.S. vehicle and auto parts.
Dec 14, 2018 12:41 PM PT
Daimler is taking the next steps towards its commitment to electric vehicles. The luxury automaker announced this week that it will spend $23 billion buying battery cells through the year 2030.
Dec 13, 2018 4:31 PM PT
German automakers BMW and Porsche, along with a consortium of industry partners, have developed a new EV charging prototype that can deliver 450 kW of juice, more than triple the capacity of Tesla's Supercharger network.Dec 13, 2018 11:55 AM PT
German automaker Daimler announced earlier this year it was working with semiconductor company Xilinx to develop an AI-powered in-vehicle system for future Mercedes Benz models, including the new Mercedes Benz A-Class. This week at the Xilinx Developer Forum keynote in Frankfurt, the two companies unveiled for the first time details of the new in-vehicle system.Dec 12, 2018 3:58 PM PT
Ride-hailing company Lyft Inc. was granted a U.S. patent for a "autonomous vehicle notification system" that communicates with pedestrians and other road users.Dec 12, 2018 12:24 PM PT
There has been some progress made in settling some of the trade tensions between the U.S. and China. The Trump administration announced that China has agreed to to reduce the import tariff on U.S. made vehicles and auto parts by 25 percent.Dec 11, 2018 4:57 PM PT
Hyundai Motor Group, which includes automotive brands Hyundai and Kia, today announced its long-term roadmap called ‘FCEV Vision 2030' plan, as the company reaffirms its commitment to accelerate the development of hydrogen fuel-cell technologies.Dec 11, 2018 12:40 PM PT
General Motors is fighting to retain a valuable $7,500 electric vehicle tax credit as the company deals with the political fallout triggered by its recently announced plan to shutter several U.S. assembly plants and cut thousands of jobs. The EV tax credit is designed to promote the adoption of electric vehicles.Dec 10, 2018 5:27 PM PT
Silicon Valley startup DeepMap, a provider of high-definition (HD) mapping and localization technology for autonomous vehicles, has announced licensing deals with San Francisco-based mobility platform provider Ridecell and Sweden-based Einride. As part of the deal, Ridecell and Einride will integrate DeepMap's HD mapping software in their autonomous fleets.Dec 10, 2018 12:22 PM PT
A recent report revealed that Nissan and its luxury subsidiary Infinity will bring the company's next-generation electric vehicles to the 2019 North American International Auto Show.Dec 09, 2018 11:04 AM PT
Korean automaker Kia showcased its 2020 Soul EV at last week's Los Angeles Auto Show. The new Soul EV gets technical updates in addition to refined aesthetics.Dec 08, 2018 6:00 AM PT
Scientists from the Honda Research Institute have collaborated with researchers at California Institute of Technology (Caltech) and NASA's Jet Propulsion Laboratory to develop a breakthrough new battery chemistry that enables the use of materials with 10 times the energy density of current lithium-ion technology.Dec 07, 2018 5:43 PM PT
San Francisco Premium Outlets became California's first location for electric vehicle (EV) chargers featuring ultra-fast recharging speeds up to 350 kilowatts (kW). The 350 kW chargers are capable of recharging an electric vehicle quickly, providing another 200 miles of range in just 10 minutes.Dec 07, 2018 3:27 PM PT
As General Motors announces massive layoffs and the closure of several U.S. plants, Fiat Chrysler Automobiles (FCA) is looking to reopen a idle Detroit assembly plant to build the upcoming full-size Jeep Grand Cherokee SUV.Dec 07, 2018 11:57 AM PT
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