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German Automakers Looking to Outside Sources to Meet Demand for EV Batteries

German Automakers Looking to Outside Sources to Meet Demand for EV Batteries

German automakers, including Volkswagen and BMW, are fearful that the country may not have sufficient production facilities to meet the demand for electric vehicle battery cells, as the country’s major automakers make plans electrify their model lineups.

Eric Walz2018-07-09 11:00 PT

​Electric Vehicle Startup Faraday Future Secures $2 Billion in Funding

​Electric Vehicle Startup Faraday Future Secures $2 Billion in Funding

Financially troubled luxury electric vehicle startup Faraday Future (FF) confirmed a major investment this week, which will help keep alive its dream of producing its first mass-market electric vehicle, the FF 91.

FutureCar Staff 2018-06-27 18:15 PT

Porsche Buys Stake in Electric Car Startup Rimac

Porsche Buys Stake in Electric Car Startup Rimac

​Porsche AG has invested in electric sports car company Rimac Automobili by taking a minority stake of 10 percent. Rimac develops and produces electric vehicle components and manufactures an electric supercar—the C Two.

Eric Walz2018-06-20 12:09 PT

Elon Musk Claims Tesla Employee Sabotaged Model 3 Assembly Line

Elon Musk Claims Tesla Employee Sabotaged Model 3 Assembly Line

Tesla has been under pressure to ramp up production of the Model 3 electric sedan since the car began rolling off the assembly line last July. It now appears that dissent within the company has led to an employee, or employees, sabotaging Tesla’s assembly line.

FutureCar Staff 2018-06-18 18:24 PT

Porsche Officially Names its New Electric Sedan the Taycan

Porsche Officially Names its New Electric Sedan the Taycan

Porsche revealed its new electric sedan will be called the Taycan, pronounced “tie-con.” Porsche Chairman Oliver Blume made the announcement during the “70 years of Porsche Sports Cars” ceremony celebrating the company’s heritage.

Eric Walz2018-06-08 12:30 PT

Chinese Electric Vehicle Startup NIO Exploring U.S. IPO

Chinese Electric Vehicle Startup NIO Exploring U.S. IPO

Tesla might be getting some new competition in the electric vehicle market it once solely occupied. Nio​, the Chinese electric-vehicle startup whose American headquarters is located in Silicon Valley, has reportedly filed confidential plans to go public in the U.S.

FutureCar Staff 2018-05-29 13:17 PT

China to Cut Tariffs on Imported Cars and Auto Parts

China to Cut Tariffs on Imported Cars and Auto Parts

China will cut the import duty on passenger cars from 25 percent to 15 percent, further opening up a market that’s been a target of the Trump administration in its ongoing trade dispute with China—the world’s second-largest economy. The changes take effect July 1.

FutureCar Staff 2018-05-22 16:13 PT

The Porsche Mission E Gets High Marks From Pro Racer

The Porsche Mission E Gets High Marks From Pro Racer

Porsche invited one of the world’s top professional racecar drivers to put a Mission E test car through its paces on the track and show off its power and handling.

Eric Walz2018-05-21 10:57 PT

Anheuser-Busch Orders 800 Hydrogen-Electric Powered Semi-Trucks From Nikola Motor Company

Anheuser-Busch Orders 800 Hydrogen-Electric Powered Semi-Trucks From Nikola Motor Company

Nikola Motor Company continues to line up new customers for its zero-emission hydrogen-powered trucks. The company announced that American brewer Anheuser-Busch has placed an order for up to 800 of its hydrogen-electric powered semi-trucks.

Eric Walz2018-05-07 07:05 PT

BMW Reveals the New All-Electric iX3 in Beijing

BMW Reveals the New All-Electric iX3 in Beijing

Tesla is getting more competition from traditional automakers in the luxury electric vehicle space. BMW unveiled its iX3 electric SUV concept on Wednesday at the Beijing Auto Show, its first all-electric vehicle.

Eric Walz2018-04-25 13:40 PT

China’s FAW to Partner with BYTON to Build its Electric Vehicles

China’s FAW to Partner with BYTON to Build its Electric Vehicles

China’s oldest automaker FAW (First Automotive Works), has announced a partnership with BYTON—one of China’s newest electric automakers. The collaboration is another example of a tech company partnering with a traditional automaker in an automotive industry on the verge of widespread electrification and autonomous driving.

Eric Walz2018-04-20 10:49 PT

China to End Foreign Ownership Caps on Local Auto Companies by 2022

China to End Foreign Ownership Caps on Local Auto Companies by 2022

​China said it will end foreign ownership caps on local auto companies by 2022 and will remove restrictions on new-energy vehicle (NEV) ventures this year, a major shift that will open the doors to one of the world’s largest automotive markets to foreign carmakers such as Tesla.

Eric Walz2018-04-17 17:17 PT

Experts Believe Autonomous Cars Should Meet Specific Standards After Fatal Accidents

Experts Believe Autonomous Cars Should Meet Specific Standards After Fatal Accidents

Before letting driverless cars free on streets, experts believe they should be able to meet specific standards on their ability to detect hazards.

Vineeth Joel Patel2018-04-15 09:30 PT

Volvo Announces its First Electric Truck for Commercial Use

Volvo Announces its First Electric Truck for Commercial Use

Volvo Trucks announced its first all-electric truck for commercial use—the Volvo FL Electric. Sales and series production of the new model will start in Europe next year.

FutureCar Staff 2018-04-13 14:46 PT

Mercedes Benz Plans New EQ S Electric Sedan

Mercedes Benz Plans New EQ S Electric Sedan

​Mercedes Benz is planning to challenge Tesla in the luxury electric car space occupied by the Model S. The company is developing a battery-powered full-size sedan, challenging Tesla and possibly luring away luxury electric-car buyers.

FutureCar Staff 2018-04-12 18:43 PT

China President Xi Jinping Vows to Cut Auto Import Tariffs

China President Xi Jinping Vows to Cut Auto Import Tariffs

China’s President Xi Jinping promised to cut the country’s auto import tariffs and ease restrictions on foreign ownership in the country's automotive industry amid an escalating trade dispute with the Trump Administration.

FutureCar Staff 2018-04-10 15:25 PT

Xpeng Motors Plans to Raise $2.7 Billion This Year to Take on Tesla in China

Xpeng Motors Plans to Raise $2.7 Billion This Year to Take on Tesla in China

Alibaba and Foxconn backed Xiaopeng Motors plans to raise 17 billion yuan ($2.7 billion) in funds this year as the Chinese car startup seeks to take on rivals in China—the world’s biggest market for electric vehicles.

Eric Walz2018-04-09 13:52 PT

SF Motors Reveals its First Electric Vehicles, the Stunning SF5 and SF7

SF Motors Reveals its First Electric Vehicles, the Stunning SF5 and SF7

Tonight, at a special event at their Silicon Valley headquarters, SF Motors revealed the results of their work for the past two years—the global premier of two new electric vehicles, the SF5 and SF7.

Eric Walz2018-03-28 22:21 PT

SF Motors Reveals its First Electric Vehicles, the Stunning SF5 and SF7

SF Motors Reveals its First Electric Vehicles, the Stunning SF5 and SF7

Tonight, at a special event at their Silicon Valley headquarters, SF Motors revealed the results of their work for the past two years—the global premier of two new electric vehicles, the SF5 and SF7.

Eric Walz2018-03-28 22:21 PT

SF Motors Launches its Autonomous Research Vehicles on Silicon Valley Streets

SF Motors Launches its Autonomous Research Vehicles on Silicon Valley Streets

SF Motors, an electric vehicle smart mobility brand based in Silicon Valley, reached an important milestone in its autonomous goals, by deploying its first autonomous driving test vehicles on the streets of Silicon Valley.

Eric Walz2018-03-05 11:57 PT

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