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Toyota Leads $590 Million Funding Round in California VTOL Aircraft Startup Joby Aviation

Toyota Leads $590 Million Funding Round in California VTOL Aircraft Startup Joby Aviation

One of the world’s biggest automakers is placing a big bet on “flying cars.” Japan’s Toyota Motor Corp announced it led a $590 million Series C funding round in California-based vertical takeoff and landing (VTOL) aircraft startup Joby Aviation.

Eric WalzJan 15, 2020 3:05 PM PT      

EV Startup Lucid Motors to Reveal a Near Production Version of its Ultra-Luxurious Air Sedan at the NY Auto Show

EV Startup Lucid Motors to Reveal a Near Production Version of its Ultra-Luxurious Air Sedan at the NY Auto Show

​California-based electric vehicle startup Lucid Motors announced that an “almost production ready” version of the Air will be on display at the New York Auto Show in April. Lucid will also share production specifications, available configurations, and pricing information for the first time in April.

Eric WalzJan 15, 2020 10:30 AM PT      

Tesla’s Latest Stock Surge Raises its Market Value Higher Than Rivals GM & Ford Combined

Tesla’s Latest Stock Surge Raises its Market Value Higher Than Rivals GM & Ford Combined

Its been an amazing run for the electric automaker to close out the final quarter of 2019. Tesla’s stock more than doubled in the last three months alone. On Monday, shares of Tesla surged 9% to a record high, closing at $547.41, boosting Tesla's market cap to nearly $97 billion.

FutureCar Staff Jan 14, 2020 4:15 PM PT      

Toyota’s New Hydrogen-Powered Mirai Sedan Could Become a Serious Alternative to Electric Cars

Toyota’s New Hydrogen-Powered Mirai Sedan Could Become a Serious Alternative to Electric Cars

Toyota Europe today unveiled some new photos of the second generation fuel cell electric Mirai sedan and it looks impressive. The car is set to launch later this year in Japan and will be followed by North America and Europe.

Eric WalzJan 14, 2020 12:20 PM PT      

Ride-Sharing Startup Via Launches the Largest U.S. ‘Micro-Transit' Service in California

Ride-Sharing Startup Via Launches the Largest U.S. ‘Micro-Transit' Service in California

Transportation startup Via announced a new ride-hailing deployment in California in partnership with the Sacramento California Regional Transit District. Using the Via-powered app, customers will be able to summon a public transit vehicle to pick them up.

Eric WalzJan 13, 2020 3:45 PM PT     

Mercedes Benz & Geely Form a New Joint Venture for the Smart Brand in China

Mercedes Benz & Geely Form a New Joint Venture for the Smart Brand in China

The German luxury automaker announced it is entering into a joint venture with Zhejiang Geely Holding Group (Geely Holding) named “smart Automobile Co., Ltd.” which will formally establish smart brand as a global joint venture to develop premium electric vehicles for the Chinese market.

Eric WalzJan 13, 2020 10:50 AM PT        

Deloitte Study Finds Consumers Are More Interested in EVs, Not Self-Driving Cars

Deloitte Study Finds Consumers Are More Interested in EVs, Not Self-Driving Cars

Deloitte’s 2020 Global Automotive Consumer Study finds American consumers are willing to consider an electric vehicle more than ever, but the majority of them aren’t interested in spending more money for autonomous technology.

Vineeth Joel PatelJan 13, 2020 6:30 AM PT   

Here’s What You Need to Know about the Porsche Taycan’s Battery, Suspension & More

Here’s What You Need to Know about the Porsche Taycan’s Battery, Suspension & More

Additional specifications of the fully-electric Porsche Taycan have surfaced and the automaker offered a closer look at the battery technology and other specs that it claims will outperform current segment leader Tesla.

Manish KharintaJan 12, 2020 3:00 PM PT

Hyundai S-A1 Flying Taxi Could Help Uber Go Airborne by 2023

Hyundai S-A1 Flying Taxi Could Help Uber Go Airborne by 2023

Unveiled at this year’s CES show in Las Vegas, the Hyundai S-A1 flying taxi has been jointly developed by Uber and Hyundai and could ferry up to four passengers at altitudes of up to 2,000 feet.

Vineeth Joel PatelJan 12, 2020 6:00 AM PT  

Waymo’s Autonomous Fleet Surpasses the 20 Million Mile Mark

Waymo’s Autonomous Fleet Surpasses the 20 Million Mile Mark

Google’s autonomous car company took 10 years to hit the first 10 million miles, but just an additional year to hit the other 10 million, revealing just how quickly the company is racking up miles.

Vineeth Joel PatelJan 11, 2020 6:30 AM PT  

GM to Revive the Hummer Nameplate as an Electric Pickup & SUV Brand, Sources Say

GM to Revive the Hummer Nameplate as an Electric Pickup & SUV Brand, Sources Say

General Motors is planning on resurrecting the Hummer nameplate as a new electric truck brand, sources said to the Wall Street Journal on Friday. The first commercials for the Hummer electric trucks are expected to run during this year's Superbowl on February 2, which serves as one of the most important (and most expensive) advertising opportunities for companies each year.

FutureCar Staff Jan 10, 2020 4:00 PM PT      

SK Innovation Plans to Build a EV Battery Plant in the U.S. to Meet Demand

SK Innovation Plans to Build a EV Battery Plant in the U.S. to Meet Demand

Kim Jun, the chief executive of South Korea’s SK Innovation Co Ltd, said that the company plans to build a second electric vehicle (EV) battery plant in the U.S. and is considering expanding another factory in Hungary to meet soaring demand for EV cells.

Eric WalzJan 10, 2020 12:30 PM PT        

Nissan Looks to Expand Electric Vehicle Powertrains With e-4ORCE Platform

Nissan Looks to Expand Electric Vehicle Powertrains With e-4ORCE Platform

At the Consumer Electronics Show, Nissan unveiled its dual-motor, all-wheel-drive platform called e-4ORCE that should underpin the automaker’s next generation of electric cars.

Vineeth Joel PatelJan 10, 2020 6:00 AM PT    

Velodyne Announces its New Compact Velabit Lidar Sensor for Autonomous Applications

Velodyne Announces its New Compact Velabit Lidar Sensor for Autonomous Applications

Silicon Valley-based lidar company Velodyne announced its new compact lidar sensor called the Velabit at CES this week. The new sensor is a low cost lidar for developers of self-driving vehicles and other autonomous machines. The company says it delivers robust performance on par with the company’s more expensive lidar sensors.

Eric WalzJan 09, 2020 4:35 PM PT     

Uber Announces Partnership with Hyundai Motor Group on Urban Air Mobility

Uber Announces Partnership with Hyundai Motor Group on Urban Air Mobility

At CES this week in Las Vegas, Uber and Hyundai Motors Group announced a new partnership on a futuristic multi-passenger VTOL aircraft that in the near future may whisk Uber customers in the sky above congested cities, cutting some two hour commutes down to just 15 minutes. Hyundai will produce the VTOL aircraft, while Uber will provide aerial ride-sharing platform for customers to book them.

FutureCar Staff Jan 09, 2020 3:15 PM PT     

Electric Vehicle Startup Fisker Reveals Details & Pricing for its ‘Sustainable’ Ocean SUV

Electric Vehicle Startup Fisker Reveals Details & Pricing for its ‘Sustainable’ Ocean SUV

The fully-electric Fisker Ocean SUV was officially unveiled to reservation holders in a private ceremony in Los Angeles on Sunday, ahead of this week's CES where the Ocean will be on display all week.

Eric WalzJan 08, 2020 6:45 PM PT      

U.S. Signals Strong Support for Self-Driving Cars Ahead of Transportation Secretary Speech at CES

U.S. Signals Strong Support for Self-Driving Cars Ahead of Transportation Secretary Speech at CES

At the annual CES in Las Vegas on Wednesday, The Trump administration signaled strong support for self-driving vehicles as it releases new guidance from federal agencies.

FutureCar Staff Jan 08, 2020 12:05 PM PT     

Aptiv Unveils its New 'Smart Vehicle Architecture' for Electric, Connected and Autonomous Vehicles at CES

Aptiv Unveils its New 'Smart Vehicle Architecture' for Electric, Connected and Autonomous Vehicles at CES

Global automotive technology company Aptiv unveiled its new Smart Vehicle Architecture (SVA) at CES on Tuesday. SVA is a flexible and scalable vehicle-level architecture designed to reduce vehicle complexity during assembly, while improving safety and support software for connected and autonomous vehicles.

Eric WalzJan 08, 2020 10:15 AM PT      

Bosch Develops a See-Through ‘Virtual Visor’ for Vehicles That Only Blocks Sun Glare

Bosch Develops a See-Through ‘Virtual Visor’ for Vehicles That Only Blocks Sun Glare

Global auto supplier Bosch unveiled a new type of vehicle sun visor at CES 2020 today that uses a camera combined with AI to intelligently block out the sun, while allowing the driver to see through the rest of the sun visor as if it wasn’t there.

Eric WalzJan 06, 2020 10:00 AM PT     

Kia Set to Introduce a New EV in 2021, Will Be Based on the Imagine Concept

Kia Set to Introduce a New EV in 2021, Will Be Based on the Imagine Concept

In order to comply with the new European Union CO2 emissions limits, Kia will set its sights on electrifying its range of cars, including coming out with a new electric vehicle that’s based on the Imagine Concept.

Vineeth Joel PatelJan 06, 2020 8:30 AM PT   

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