Ford is looking to transition the sale of its electric vehicles to be fully online and involve a non-haggle price.
Vineeth Joel PatelOct 25, 2022 8:50 AM PT
New wireless communications technologies are being developed and tested by leading companies, including chipmaker Qualcomm Technologies, Applied Information, Audi of America and Commsignia in the city of Peachtree Corners, Georgia. The pilot in Georgia includes connecting vehicles with infrastructure such as traffic lights. As more connected vehicles are being sold by automakers, the technology has the potential to make roads much safer.
Eric WalzOct 24, 2022 12:40 PM PT
South Korean automaker Hyundai Motor Group (HMG) is committing billions of dollars to become one of the world’s biggest suppliers of electric vehicles. Now the automaker announced a new plan to invest $10 billion in the U.S. by 2025 to accelerate what it calls “innovation and mobility electrification”.
Eric WalzOct 21, 2022 2:25 PM PT
Speaking with CNBC, VW CEO Herbert Diess stated that alleviating supply chain issues would create some momentum for the automaker to overtake Tesla in sales of electric vehicles within the next few years.
Vineeth Joel PatelOct 21, 2022 5:00 AM PT
Once a pioneer for the all-electric scene, the Nissan Leaf will reportedly be discontinued and replaced with a sportier, more modern electric car.
Vineeth Joel PatelOct 20, 2022 5:00 PM PT
With self-driving cars set to take the boredom and hassle out of getting around, transportation methods will take a backseat to traveling around in driverless vehicles, making it the perfect time for cities to change how transportation is handled.
Vineeth Joel PatelOct 18, 2022 10:00 AM PT
Nvidia Corp is now at the center of a growing market for advanced AI-powered processors in the auto industry, which are powerful enough to support such features as autonomous driving along with a host of other vehicle safety systems. Luxury electric vehicle startup Lucid Motors is the latest automaker to turn to Nvidia for the compute platform to power its DreamDrive Pro advanced driver assist system.
Eric WalzOct 18, 2022 10:00 AM PT
The all-electric startup has partnered with the German luxury marque to start a joint venture that’s centered around manufacturing two electric vans at a new facility in Europe.
Vineeth Joel PatelOct 17, 2022 7:45 AM PT
The all-electric automaker’s newest artificial intelligence system, which is called Dojo, is being used to help the brand come out with self-driving vehicles before anyone else.
Vineeth Joel PatelOct 15, 2022 7:30 AM PT
While the Inflation Reduction Act is set to bring in some large changes for consumers looking to purchase a vehicle, the federal tax credit will be available on electric vehicles through 2022, but only on vehicles that are made in America.
Vineeth Joel PatelOct 13, 2022 7:30 AM PT
With Buick set to go all-electric by 2030, General Motors is willing to buy out dealerships that don’t want to invest money into selling Buick’s upcoming EVs.
Vineeth Joel PatelOct 11, 2022 7:40 AM PT
Robin Li, the co-founder and CEO of Chinese internet technology company Baidu Inc, said it’s more likely that Level-4 autonomous vehicles (AVs), not Level-3 AVs, will be the first to enter commercial use as robotaxis. While automakers will continue to develop L2 systems for passenger vehicles. Li shared his thoughts on the industry in a speech at the World Artificial Intelligence Conference 2022 (WAIC 2022) this week in Shanghai.
Eric WalzOct 09, 2022 12:00 PM PT
Electric-performances brand Polestar is off to a strong start for the first half of 2022 following a strong Q1 with brisk sales of the Polestar 2 EV. In the first four months of 2022, customer reservations also more than tripled to nearly 23,000 vehicles compared to the same period in 2021.
Eric WalzOct 08, 2022 1:00 PM PT
Toyota Motor Corp announced on Wednesday that it will invest an additional $2.5 billion at its newest U.S. facility, “Toyota Battery Manufacturing North Carolina” (TBMNC), to produce more batteries for electrified vehicles. Battery production is scheduled to begin in 2025. The latest investment brings Toyota’s total investment in North Carolina to $3.8 billion.
Eric WalzOct 07, 2022 9:45 AM PT
Computer vision company Nexar, which developed a dash cam application that seeks to rid the world of car crashes, has released its Driver Behavioral Mapping data that can be used to create maps to train autonomous vehicles to operate more like human drivers. This crowdsourced map data, which is collected anonymously by Nexar’s AI-powered dash cams, provide additional insights on how human drivers behave on different road segments and in various weather and road conditions.
Eric WalzOct 06, 2022 12:00 PM PT
Japan’s Honda Motor Co and battery maker LG Energy Solutions (LGES) are investing $4.4 billion to build a joint venture electric vehicle battery factory in the U.S. The factory will produce lithium ion batteries for Honda and Acura vehicles for the North American market. The battery plant aims to have an annual production capacity of approximately 40GWh, which is enough batteries to power up to 500,000 vehicles.
Eric WalzOct 05, 2022 10:30 AM PT
According to an analysis conducted by iSeeCars, prices for used cars continue to rise rapidly, while used car prices for gas-powered vehicles are dropping.
Vineeth Joel PatelOct 05, 2022 8:00 AM PT
The change means that Rivian’s electric vehicles are getting a price increase of up to $5,500 for the R1T and $6,000 for the R1S.
Vineeth Joel PatelOct 04, 2022 7:45 AM PT
Mercedes-Benz has officially started production of the highly anticipated EQS electric SUV at its assembly plant in Tuscaloosa, Alabama. The EQS SUV is the third electric model in the automaker’s EQ lineup, following the launch of the EQE and EQS sedans. The plant uses state-of-the-art digital, sustainable, efficient and flexible production methods and represents the future of automotive production for Mercedes-Benz.
Eric WalzOct 02, 2022 10:30 AM PT
New electric vehicle brand Zeekr Intelligent Technology Ltd. (“Zeekr”), which is owned by Chinese automaker Zhejiang Geely Holding Group ("Geely"), is mulling plans to launch an IPO in either the U.S. or Hong Kong. Geely announced the Zeekr in March 2021 as a standalone brand to compete with Tesla, XPeng, NIO Inc. and others in the premium EV category in China. The company is targeting tech-savvy, younger customers more likely to purchase an electric vehicle.
FutureCar Staff Oct 01, 2022 12:25 PM PT
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