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Faraday Future CEO Ownership Stake Frozen by Federal Judge in California

Hyundai Announces Sub $30,000 Price for the Electric Kona SUV with EV Tax Credit

China to Suspend Tariff Hikes on U.S.-built Cars in 90 Day Truce in the Trade War

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Faraday Future CEO Ownership Stake Frozen by Federal Judge in California

Faraday Future CEO Ownership Stake Frozen by Federal Judge in California

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 Announces Sub $30,000 Price for the Electric Kona SUV with EV Tax Credit

Hyundai Announces Sub $30,000 Price for the Electric Kona SUV with EV Tax Credit

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 to Suspend Tariff Hikes on U.S.-built Cars in 90 Day Truce in the Trade War

China to Suspend Tariff Hikes on U.S.-built Cars in 90 Day Truce in the Trade War

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 to Buy $23 Billion in EV Battery Cells by 2030

Daimler to Buy $23 Billion in EV Battery Cells by 2030

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

BMW & Porsche Unveil a 450 kW Ultra-Fast EV Charging Prototype

BMW & Porsche Unveil a 450 kW Ultra-Fast EV Charging Prototype

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

Daimler & Xilinx Reveal Details of AI-Powered In-vehicle Assistant

Daimler & Xilinx Reveal Details of AI-Powered In-vehicle Assistant

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

Lyft Granted Patent for Tech Allowing Self-Driving Cars to Communicate with Pedestrians

Lyft Granted Patent for Tech Allowing Self-Driving Cars to Communicate with Pedestrians

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

China Agrees to Reduce Tariffs on U.S. Built Vehicles & Auto Parts

China Agrees to Reduce Tariffs on U.S. Built Vehicles & Auto Parts

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 Announces its ‘FCEV Vision 2030' to Accelerate Fuel Cell Vehicle Production

Hyundai Announces its ‘FCEV Vision 2030' to Accelerate Fuel Cell Vehicle Production

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 Pushes to Retain the $7,500 EV Tax Credit

General Motors Pushes to Retain the $7,500 EV Tax Credit

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

DeepMap Signs Deal to Provide HD Mapping Technology to Ridecell & Einride

DeepMap Signs Deal to Provide HD Mapping Technology to Ridecell & Einride

​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

Nissan and Infiniti to Reveal Next-Gen EVs in Detroit

Nissan and Infiniti to Reveal Next-Gen EVs in Detroit

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

Here's What You Need to Know About the 2020 Kia Soul EV

Here's What You Need to Know About the 2020 Kia Soul EV

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

The Honda Research Institute, Caltech & NASA's Jet Propulsion Lab Develop New Battery Chemistry

The Honda Research Institute, Caltech & NASA's Jet Propulsion Lab Develop New Battery Chemistry

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

Electrify America Opens the First 350 kW EV Charging Location in California

Electrify America Opens the First 350 kW EV Charging Location in California

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

FCA to Reopen Idle Detroit Factory to Build the New Jeep Cherokee

FCA to Reopen Idle Detroit Factory to Build the New Jeep Cherokee

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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