Electric automaker Tesla plans reveal its new advanced battery later this year which will debut in the China-made Model 3. The new low-cost battery is designed to last for one million miles and will allow Tesla to profitably sell its electric vehicles for around the same price of a gas-powered one.
Eric WalzMay 14, 2020 10:30 AM PT
Despite the economic fallout due to the coronavirus crisis, venture capital continues to flow to companies working on self-driving cars and commercial robotaxi services that have the potential to change the future mobility landscape. Waymo announced it had raised another $750 million its first ever outside investment round. The Alphabet subsidiary has raised $3 billion since March.
Eric WalzMay 13, 2020 10:00 AM PT
While Tesla's new Shanghai factory gives the company a foothold in the world’s biggest auto market for the first time, Tesla is facing growing competition from a new crop of electric vehicle startups following in its footsteps and hoping to grab a piece of China’s growing EV market.
Manish KharintaMay 12, 2020 7:00 PM PT
After a series of angry tweets expressing his frustration with California's shelter-in-place orders that have resulted in the shutdown of Tesla Fremont, California factory since March, Tesla Chief Executive Elon Musk defied a county order and reopened the factory. The move prompted Alameda County, the county where Tesla's factory is located, to order the electric automaker to cease vehicle production at the plant.
FutureCar Staff May 12, 2020 2:00 PM PT
Electric truck startup Lordstown Motors Corp (LMC), a company that’s targeting the commercial truck market with its fully-electric vehicles, announced that its signed an exclusive licensing deal with Elaphe Propulsion Technologies, a developer of in-wheel electric motors.
Eric WalzMay 12, 2020 10:35 AM PT
Tesla’s electric vehicle factory has been shut down since March 23 and thousands of its employees were furloughed due to the coronavirus pandemic. But Tesla Chief Executive Elon Musk wants it to reopen ASAP. So much so, that Musk is defying a county-wide order for the factory to remain closed. The plant was operational on Monday in direct violation of the local shelter-in-place orders.
FutureCar Staff May 11, 2020 1:45 PM PT
Toyota Motor Corp plans to slash production in North America by nearly a third through October due to the coronavirus pandemic and its effects on the auto industry.
Eric WalzMay 11, 2020 10:00 AM PT
During his second appearance on the Joe Rogan Experience podcast, Tesla CEO Elon Musk stated that the Roadster wouldn’t go on sale until 2022, after the release of the Cybertruck and Semi.
Vineeth Joel PatelMay 10, 2020 7:00 AM PT
Thanks to a two-zone sensor, the steering wheel on the new luxury midsize sedan will know when the driver’s hands are on the wheel.
Vineeth Joel PatelMay 09, 2020 6:00 AM PT
Alphabet subsidiary Waymo, the self-driving technology company which spawned from Google’s early self-driving car project, announced on Thursday that it will resume its autonomous vehicle testing next week. Waymo is putting some of its vehicles back on the road in the Phoenix, Arizona metro area, where the company has been testing its driverless vehicles for the past several years.
FutureCar Staff May 08, 2020 3:15 PM PT
Electric automaker Tesla is set to reopen its Fremont, California factory and resume vehicle production after the state’s Governor Gavin Newsom eased some restrictions on manufacturing. However, Tesla’s decision to reopen the plant conflicts with local shelter-in-place orders.
Eric WalzMay 08, 2020 10:45 AM PT
Ride hailing company Uber Technologies Inc. is leading a $170 million investment round in San Francisco-based electric scooter sharing startup Lime. As part of the investment, Lime has acquired Uber's JUMP’s e-bike business operations and will further expand its mobile app integration with Uber.
Eric WalzMay 07, 2020 2:45 PM PT
Tesla has suspended production in China, according to Chinese tech news site 36kr. The company’s Shanghai factory is currently building the Model 3 sedan for the Chinese market and is Tesla's only overseas factory.
FutureCar Staff May 07, 2020 8:25 AM PT
The economic fallout of the coronavirus pandemic continues to ripple throughout the transportation industry. Today, ride-hailing giant Uber Technologies Inc. announced the layoffs of nearly 4,000 employees as the company struggles with the sudden loss of revenue from its core ride-hailing business.
FutureCar Staff May 06, 2020 2:35 PM PT
Silicon Valley lidar startup Luminar has entered into a partnership with Volvo Cars to supply its lidar perception technology for the automaker’s next-generation self-driving vehicles. Luminar’s partnership with Volvo will support the automaker’s self-driving technology for highway driving called “Highway Pilot.”
Eric WalzMay 06, 2020 8:00 AM PT
The United Auto Workers Union, which represents U.S. auto plant workers, has given its nod of approval on Tuesday for Detroit’s big three automakers to restart vehicle production amid the coronavirus pandemic, after Fiat Chrysler Automobiles NV (FCA) announced it expects to reopen its North American plants on May 18.
FutureCar Staff May 05, 2020 3:30 PM PT
Electric automaker Tesla is making preparations to expand its battery production capabilities to meet rising demand for its electric vehicles. South Korean business conglomerate Hanwha Group said this week that its subsidiary Hanwha Corp. recently signed a supply deal on battery production equipment with Tesla.
Eric WalzMay 05, 2020 11:50 AM PT
Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving robotaxis that could be deployed in early 2022, the company said on Monday.
FutureCar Staff May 04, 2020 2:30 PM PT
Volvo’s electric car brand Polestar has gone on record to detail the innovative safety technology in the upcoming Polestar 2. Polestar’s attention to safety comes from its parent Volvo, which is one of the most safety-conscious brands in the automotive industry.
Manish KharintaMay 04, 2020 8:00 AM PT
The coronavirus has claimed its first real automotive victim and it’s Lincoln’s first-all electric SUV that was supposed to be built using Rivian’s skateboard platform.
Vineeth Joel PatelMay 03, 2020 5:30 AM PT
Manish KharintaJun 28, 2020 4:00 PM PT
Vineeth Joel PatelJun 28, 2020 6:00 AM PT
Vineeth Joel PatelJun 27, 2020 6:00 AM PT
Vineeth Joel PatelJun 26, 2020 4:30 PM PT