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Tesla's Chinese Battery Supplier CATL Unveils a Sodium-ion Battery, a Major Breakthrough for EVs

Tesla's Chinese Battery Supplier CATL Unveils a Sodium-ion Battery, a Major Breakthrough for EVs

Chinese battery manufacturer Contemporary Amperex Technology Co., Ltd. (CATL) on Thursday unveiled the company’s first-generation sodium-ion battery. The batteries are a new solution for the auto industry. CATL’s first generation of sodium-ion batteries have high-energy density, fast-charging capability, excellent thermal stability, as well as excellent low-temperature performance.

Eric WalzJul 29, 2021 1:30 PM PT      

The Founder & Former CEO of Fuel Cell Truck Startup Nikola Corp Indicted for Misleading Investors

The Founder & Former CEO of Fuel Cell Truck Startup Nikola Corp Indicted for Misleading Investors

Trevor Milton, the founder and former CEO of fuel cell truck startup Nikola Corp, has been indicted for deceiving investors and is facing criminal charges for making false and misleading statements, the U.S. Department of Justice said on Thursday. Prosecutors in New York charged Milton with two counts of securities fraud and one count of wire fraud over his statements from Nov 2019 to Sept 2020 about Nikola's products and technology.

FutureCar Staff Jul 29, 2021 9:00 AM PT      

LG Electronics & Magna International Finalize Agreement for New ePowertrain Joint Venture That’s Linked to the Secretive ‘Apple Car’ Project

LG Electronics & Magna International Finalize Agreement for New ePowertrain Joint Venture That’s Linked to the Secretive ‘Apple Car’ Project

South Korean manufacturer LG Electronics has finalized its new joint venture agreement with automotive supplier Magna International Inc. that will develop e-powertrains and other components for electric vehicles. The new company is named “LG Magna e-Powertrain" and it was linked to Apple Inc's secretive "Apple Car" project in April.

Eric WalzJul 28, 2021 12:45 PM PT       

Tesla is Moving its Retail Showrooms Out of Upscale Shopping Centers, According to Sources

Tesla is Moving its Retail Showrooms Out of Upscale Shopping Centers, According to Sources

Electric automaker Tesla plans to shutter many its vehicle showrooms in upscale shopping centers around the U.S. Instead, the automaker plans to focus more on remote work for its retail staff and online vehicle deliveries and sales. For struggling mall owners, it’s a devastating blow, as the electric automaker is one of the world’s most widely recognized companies.

Eric WalzJul 28, 2021 9:00 AM PT    

Hyundai’s XCIENT Fuel Cell Trucks Hitting the Road in California in the Largest Deployment of the Technology in the U.S.

Hyundai’s XCIENT Fuel Cell Trucks Hitting the Road in California in the Largest Deployment of the Technology in the U.S.

Hyundai Motor Co announced that its fuel cell-powered XCIENT trucks are hitting the road in California as part of two publicly-funded projects in the state to improve air quality. Hyundai plans to deploy 30 XCIENT Fuel Cell trucks in Northern California by early 2023 as part of its public and private partnerships in the U.S. It will be the largest commercial deployment of Class 8 hydrogen-powered fuel cell trucks in the U.S.

Eric WalzJul 27, 2021 1:30 PM PT     

Electric-Only Ride-Hailing Startup Revel Gets Approval to Deploy its Fleet of Tesla Model Ys in New York City on Aug 2

Electric-Only Ride-Hailing Startup Revel Gets Approval to Deploy its Fleet of Tesla Model Ys in New York City on Aug 2

New York-based electric-only ride-hailing startup Revel Transit has been given the green light by city officials to launch its fleet of Tesla Model Ys and begin picking up paying customers beginning on Aug 2. The service will give both Uber and Lyft some new competition in New York, the most populous city in the U.S. It also offers a greener transportation option.

FutureCar Staff Jul 27, 2021 10:00 AM PT      

Ford Unveils the Mach-E Extended Range RWD SE Model for the China Market, its Second Subsidized EV

Ford Unveils the Mach-E Extended Range RWD SE Model for the China Market, its Second Subsidized EV

Ford has announced that it will add a new long-range RWD SE variant to its Mustang Mach-E line-up in China with prices starting at 282,000 yuan ($43,450). It’s lower price tag means it qualifies for state-led subsidies in the country for the purchase of an electric vehicle.

Manish KharintaJul 26, 2021 4:00 PM PT    

Lucid Motors Debuts on the Nasdaq and Raises $4.4 Billion as its Looks to Take on Tesla

Lucid Motors Debuts on the Nasdaq and Raises $4.4 Billion as its Looks to Take on Tesla

​California-based luxury electric vehicle startup Lucid Motors launched its U.S. IPO on Monday after completing the previously announced merger with special purpose acquisition company (SPAC) Churchill Capital Corp IV on July 23, 2021. The combined company will now operate as “Lucid Group, Inc.” Lucid is one of the most talked about electric vehicle startups since Tesla went public in June 2010.

Eric WalzJul 26, 2021 11:30 AM PT

General Motors Files Lawsuit Against Rival Ford for Naming its New Autonomous Driving Feature ‘BlueCruise’

General Motors Files Lawsuit Against Rival Ford for Naming its New Autonomous Driving Feature ‘BlueCruise’

General Motors and its autonomous driving arm Cruise LLC have filed a lawsuit to stop rival Ford Motor Co from using the name "BlueCruise" for its new autonomous driving feature that offers hands-free driving on highways. General Motors’ autonomous driving system is called “Super Cruise” and the automaker claims that Ford’s calling its autonomous driving feature BlueCruise infringes on its trademark.

Eric WalzJul 26, 2021 9:15 AM PT      

Honda Ditches Plan for Tackling EVs Alone, Embraces Partnerships

Honda Ditches Plan for Tackling EVs Alone, Embraces Partnerships

Honda once planned to pursue electric vehicles on its own, but has quickly learned that the strategy won’t work and is now looking for help.

Vineeth Joel PatelJul 25, 2021 9:00 PM PT   

Tesla Full Self Driving Subscription Priced at $199 Per Month

Tesla Full Self Driving Subscription Priced at $199 Per Month

Instead of paying $10,000 upfront, Tesla customers can now pay a subscription fee of $199 per month to access the automaker’s advanced driver-assist features.

Vineeth Joel PatelJul 25, 2021 7:45 AM PT    

Tesla Plans to Let Other EVs Use its Superchargers

Tesla Plans to Let Other EVs Use its Superchargers

Tesla CEO Elon Musk has hinted at the prospect of letting non-Tesla electric vehicles use the automaker’s Supercharger network for years, but it sounds like it’s officially happening before the end of 2021.

Vineeth Joel PatelJul 24, 2021 6:55 AM PT    

General Motors Issues Recall for 69,000 Chevy Bolt EVs Due to Battery Fire Risk

General Motors Issues Recall for 69,000 Chevy Bolt EVs Due to Battery Fire Risk

General Motors announced on Friday that it is issuing a second recall for roughly 69,000 Chevrolet Bolt electric vehicles (EVs) worldwide for fire risks after reports of two battery fires. In the interim, the automaker has asked owners to charge their vehicle after each use and avoid depleting the battery below approximately 70 miles of remaining range, where possible, to reduce the risk of a fire.

FutureCar Staff Jul 23, 2021 3:00 PM PT      

Luxury-Electric Automaker Lucid Motors to Launch its Much-Anticipated IPO Next Week

Luxury-Electric Automaker Lucid Motors to Launch its Much-Anticipated IPO Next Week

The shareholders of special purpose acquisition company (SPAC) Churchill Capital Corp IV have approved its merger with luxury electric vehicle startup and Tesla challenger Lucid Motors, paving the way for the company’s much anticipated IPO next week. Shares of Lucid Motors will list on the Nasdaq beginning on Monday July 26, 2021.

Eric WalzJul 23, 2021 11:30 AM PT     

Toyota Debuts its New Driver Companion & AI Virtual Assistant That's Powered By Google Cloud

Toyota Debuts its New Driver Companion & AI Virtual Assistant That's Powered By Google Cloud

Toyota Motor Corp announced its new Driver Companion and digital owners manual, which features a AI-powered voice-activated virtual assistant the automaker calls “Joya” to help drivers learn all about the features and controls of their vehicle. The interactive app, which replaces the printed owners manual, is powered by Google Cloud

FutureCar Staff Jul 23, 2021 9:15 AM PT     

Luxury Brand Mercedes-Benz to Go All-Electric by 2030

Luxury Brand Mercedes-Benz to Go All-Electric by 2030

​German luxury automaker Mercedes Benz has ramped up its electrification plans and announced it will only produce fully-electric vehicles by 2030. For a company that invented the automobile way back in 1886, the switch to electric marks the end of an era for Mercedes Benz but the start of a new one.

Eric WalzJul 22, 2021 11:00 AM PT   

Uber Freight Aims to Build the World’s Most Comprehensive Logistics Network with its $2.25 Billion Acquisition of Transplace

Uber Freight Aims to Build the World’s Most Comprehensive Logistics Network with its $2.25 Billion Acquisition of Transplace

​Ride-hailing giant Uber Technologies Inc is ramping up plans for its Uber Freight division and announced its acquiring logistics and data company Transplace for up to $2.25 billion. The acquisition will create one of the most comprehensive managed transportation and logistics networks in the world.

Eric WalzJul 22, 2021 9:00 AM PT      

Volvo Cars to Take Full Control of its Chinese Business From Automaker Geely as it Explores a Possible IPO

Volvo Cars to Take Full Control of its Chinese Business From Automaker Geely as it Explores a Possible IPO

Swedish automaker Volvo Cars has struck a deal to buy out parent company Zhejiang Geely Holding (Geely) from its joint ventures in China, in a move that could make a possible initial public offering (IPO) of Volvo Cars more attractive to investors. Chinese automaker Geely is the parent company of Volvo Cars and the two companies are joint venture partners in China building cars for the local market.

FutureCar Staff Jul 21, 2021 1:00 PM PT     

Ford & Argo AI to Deploy Self-driving Vehicles on Lyft’s Ride-Hailing Network This Year

Ford & Argo AI to Deploy Self-driving Vehicles on Lyft’s Ride-Hailing Network This Year

Lyft Inc customers in Florida might be picked up in a self-driving vehicle by the end of this year. Ford Motor Co and its autonomous driving partner Pittsburgh-based Argo AI plan to self-driving vehicles on Lyft’s ride-hailing network by the end of the year, Ford announced on Wednesday.

Eric WalzJul 21, 2021 8:45 AM PT      

Intel’s Autonomous Driving Arm Mobileye is Testing its Self-driving Technology in New York City

Intel’s Autonomous Driving Arm Mobileye is Testing its Self-driving Technology in New York City

Intel Corp’s autonomous driving division Mobileye is testing its self-driving technology in New York City, one of the most challenging environments for self-driving vehicles to operate in, the company announced on Monday. Mobileye said its testing will help to prove how well its self-driving technology can handle the city’s chaotic streets packed with vehicles, pedestrians, bicyclists and a host of other challenges that a self-driving vehicle will face in the real world.

Eric WalzJul 20, 2021 4:00 PM PT         

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