Automotive electronics and embedded software supplier Elektrobit (EB) announced its new software platform called “EB xelor”, which the company says is an industry-first platform designed to streamline the development of next-generation automotive electronics architectures that will be based on high-performance computing (HPC). The xelor software platform can support features developed by different automakers.
Nov 25, 2020 2:30 PM PT
California luxury electric vehicle startup Lucid Motors today announced the official name of its entry-level Lucid Air model—the Lucid Air Pure. The electric sedan will be the lowest priced model from Lucid Motors starting at $69,900 after the $7,500 federal EV tax credit.
Nov 24, 2020 2:30 PM PT
Electric automaker Tesla has further cemented its place as the world’s most valuable car company by far. The company’s stock continues to surge despite the worsening pandemic and is up nearly 5% to $546.59 on Tuesday pushing Tesla’s market cap over $500 billion to $518 billion.
Nov 24, 2020 11:10 AM PT
Ford Motor Company’s first fully-electric Mach-E SUV will have an EPA estimated range of 300 miles. On Monday, Ford announced the U.S. Environmental Protection Agency (EPA) has certified range numbers for several variants of the all-electric 2021 Mustang Mach-E. According to the data, Ford has met all of its EPA estimated range targets for its first fully-electric vehicle.
Nov 23, 2020 12:25 PM PT
U.S. automaker General Motors will recall millions of vehicles due faulty airbag inflators, which can injure occupants if the vehicle’s airbags are deployed during an accident. The airbags in question were supplied by Japanese auto supplier Takata Corporation and are installed in GM vehicles beginning in the 2007 model year through 2014.Nov 23, 2020 10:45 AM PT
The original plan was to stop the sale of gas-powered vehicles in the country by 2040, but it’s been moved up by 10 years for vehicles with only an internal combustion engine, while the deadline for hybrids has been moved up by five years.Nov 23, 2020 7:15 AM PT
Now that the automaker unveiled the R1T pickup truck and R1S SUV, the electric automaker is looking to expand its lineup with smaller electric vehicles that will be tailored for consumers in Europe and China.Nov 22, 2020 8:00 AM PT
Even with low-level autonomous technology, the IIHS found that it only took one month for drivers to become comfortable with letting the system handle the majority of driving, even when it’s not supposed to be able to.Nov 21, 2020 7:35 AM PT
Electric vehicle startup Xpeng Motors is emerging as a strong competitor to Tesla in China with its advanced battery-powered vehicles. In addition to building advanced EVs, the company is focused on autonomous driving and vehicle connectivity. The latest result of that work was announced at Auto Guangzhou 2020, when the company announced its next-generation autonomous driving architecture.Nov 20, 2020 12:15 PM PT
U.S. automaker General Motors (GM) is going all in on electrification in a bid to gain some ground on Tesla and other rival automakers with billions in new investments. The automaker’s total investments to develop new electric vehicles now totals $27 billion through 2025, which is more than half of GM's capital spending.Nov 19, 2020 1:00 PM PT
Ontario-based company CpK Product Interiors Inc., a Tier 1 supplier of automotive interior components, announced it developed a line of “anti-viral” material formulations for hard and soft plastics, such as those used in vehicle interiors. The company claims that its formulation kills 99.9% of SARS-CoV-2, the virus responsible for Covid-19, on material surfaces in less than 60 minutes. Founded in 2010, CpK is a subsidiary of automaker Fiat Chrysler Automobiles.Nov 19, 2020 7:50 AM PT
Electric vehicle pioneer Tesla and two of its newest rivals Lucid Motors and Rivian have joined a new lobbying group called the “Zero Emission Transportation Association” (ZETA). The organization will focus on advocating for national policies to promote the use of zero-emissions electric vehicles. ZETA aims to bring together those who support meeting the goal of 100% electric vehicle sales in the U.S. by 2030.Nov 18, 2020 5:15 PM PT
General Motors CEO Mary Barra plans to announce the company’s revised and accelerated EV strategy on Thursday, which is reported to include billions in new investments. The move is also to convince investors it can be a serious competitor to electric automaker Tesla in the future, which is now the world's most valuable car company.Nov 18, 2020 10:45 AM PT
Automaker Hyundai has confirmed that its 2022 Tucson SUV will offer buyers three options, a plug-in hybrid (PHEV), conventional hybrid and an internal combustion engine model. The Hyundai Tucson PHEV will be powered by a 13.8 kWh battery pack, which the company claims will deliver 70 MPGe of fuel economy.Nov 17, 2020 6:30 PM PT
The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it was expanding its probe into nearly 159,000 Tesla Model S and Model X vehicles over reports of the center touchscreen display failures. The expanding investigation is being upgraded to an “engineering analysis” the administration said, which is required before the NHTSA can make steps to formally recall a vehicle.Nov 17, 2020 12:35 PM PT
Electric automaker Tesla will be included in the S&P 500 Index beginning on Monday, Dec 21. With its inclusion, Tesla can now expect more exposure across financial markets resulting in a stable source of new investments. A listing in the S&P 500 is considered an elite status for companies and can open the door to billions in new funding.Nov 16, 2020 4:55 PM PT
As existing shareholders continue to increase investments in EVs and related technologies, new participants are optimistic about China's growing electric vehicle market. As a result, electric vehicle startup XPeng Motors has strong financial backing and stamina for future development. The company has cash reserves of 8.2 billion yuan (US$1.19 billion), and is ramping up its investment in R&D.
Eric Walz Sep 24, 2020 12:30 PM PT
Vineeth Joel Patel Aug 23, 2020 7:30 AM PT
Derrick Smith Aug 13, 2020 6:15 PM PT
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