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
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
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 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
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
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’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
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
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
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
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
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
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
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
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
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
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
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
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
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
Eric WalzJan 21, 2020 2:30 PM PT
Eric WalzJan 21, 2020 10:55 AM PT
Manish KharintaJan 20, 2020 2:00 PM PT
Vineeth Joel PatelJan 20, 2020 8:00 AM PT