The historic racetrack in Germany will soon host a speed run for one of the most anticipated electric performance sports cars of all time, the Tesla Roadster.
Manish KharintaSep 15, 2019 1:30 PM PT
The Tesla Model 3 has only been on the market since 2017, but the electric vehicle has already captured a staggering 67 percent of the market in the U.S. Unfortunately, it’s not enough to take control globally.
Vineeth Joel PatelSep 15, 2019 6:00 AM PT
The automaker’s latest concept looks like it’s out of a science-fiction movie, which has us wondering what exactly will make it to commercial vehicles from this concept.
Vineeth Joel PatelSep 14, 2019 11:45 AM PT
The new EQS Concept that was unveiled at the Frankfurt Motor Show joins the “EQ” family of electric cars and showcases the possibility of a modular electric platform.
Vineeth Joel PatelSep 14, 2019 6:00 AM PT
Toyota Motor Corp has started using the same type of battery that Panasonic Corp designed for Tesla Inc in some of its plug-in hybrids sold in China, sources familiar with the matter said.
FutureCar Staff Sep 13, 2019 6:30 PM PT
Uber sold a larger-than-expected $1.2 billion of bonds rated in the lowest tier of junk this week. The proceeds of the bonds will be used to help fund its $3.1 billion purchase of Dubai-based ride-hailing company Careem, Uber’s biggest competitor in the Middle East region.
FutureCar Staff Sep 13, 2019 3:30 PM PT
Autonomous driving startup Voyage has announced a $31 million Series B funding round. The latest funding round was led by Franklin Templeton, with significant participation from Khosla Ventures, Jaguar Land-Rover’s InMotion Ventures, and Chevron Technology Ventures. The new funding bring to total amount raised by Voyage to $52 million.
Eric WalzSep 13, 2019 10:00 AM PT
Ford announced today it is selling off its Canvas vehicle subscription service, a wholly owned subsidiary of Ford Motor Credit Company. Ford is selling Canvas to vehicle subscription app Fair. As part of the deal, California-based Fair will acquire all of the assets of Canvas.
FutureCar Staff Sep 12, 2019 3:45 PM PT
Speaking at Frankfurt motor show on Thursday, Waymo CEO John Krafcik said the company is exploring ways to deploy its self-driving technology in the trucking industry. Waymo is working with industry partners to seize both a commercial opportunity while addressing the shortage of truck drivers.
Eric WalzSep 12, 2019 11:00 AM PT
In a recent blog post, Ford’s Autonomous Vehicle Systems Core Supervisor, Venky Krishnan shared some details of how the company working to keep insects away from it autonomous vehicle sensors.
Eric WalzSep 11, 2019 7:03 PM PT
General Motors announced on Wednesday it was recalling 3.46 million U.S. pickup trucks and SUVs to address a vacuum pump issue that could make braking more difficult and that has been linked to 113 accidents and 13 injuries.
Eric WalzSep 11, 2019 11:45 AM PT
Europe’s automakers are telling governments they must help build electric car charging points and provide consumer subsidies to boost sales of battery-powered vehicles and assist the industry in meeting stringent new emissions rules.
FutureCar Staff Sep 11, 2019 11:17 AM PT
On the evening before the International Motor Show (IAA) in Frankfurt yesterday, guests got the first detailed look at the new electric ID.3 hatchback, which represents a new era for the VW brand. The ID 3 is the first of many electric models VW plans to introduce and represents the automaker’s multi-billion dollar push to electrify its lineup.
FutureCar Staff Sep 10, 2019 7:00 PM PT
Electric truckmaker Rivian continues to secure major investments this year. The company announced on Tuesday that automotive services company Cox Automotive will make an equity investment of $350 million.
Eric WalzSep 10, 2019 12:30 PM PT
While the electric Porsche Taycan is getting the most attention right now, the German automaker might already be working on an all-electric version of the 718 Cayman.
Manish KharintaSep 10, 2019 10:35 AM PT
Daimler Trucks and Torc Robotics announced they are testing automated trucks with Level 4 autonomous technology on public roads for the first time. Virginia-based Torc Robotics is developing autonomous technology alongside Daimler Trucks for the commercialization of level 4 self-driving trucks in the U.S.
FutureCar Staff Sep 09, 2019 3:45 PM PT
German aircraft manufacturer Volocopter announced that it signed the first closing of its 50 million euro ($55.2M) Series C funding round led by Chinese automaker Zhejiang Geely Holding Group (Geely Holding). Geely is the parent company of Swedish automaker Volvo. With the latest funding round, Geely Holding becomes a minority investor in Volocopter, along with existing investor Daimler AG.
Eric WalzSep 09, 2019 11:45 AM PT
Didi Chuxing announced plans to launch an autonomous taxi service in Shanghai with plans to expand the service outside of China by 2021.
Vineeth Joel PatelSep 09, 2019 7:00 AM PT
A quick look at the new 2020 Porsche Taycan and the current segment leader Tesla Model S. The Tesla Model S has remained unrivaled in the luxury electric market since its introduction and now it's up against an electric Porsche.
Manish KharintaSep 08, 2019 2:00 PM PT
BYD Co. is looking for lithium-ion batteries for its electric vehicles and the Chinese company is currently negotiating a deal with Audi.
Vineeth Joel PatelSep 08, 2019 6:00 AM PT
Manish KharintaNov 09, 2019 12:30 PM PT
Vineeth Joel PatelNov 09, 2019 6:00 AM PT
Eric WalzNov 08, 2019 2:30 PM PT
Eric WalzNov 08, 2019 11:00 AM PT