FutureCar Staff
Articles
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U.S. Commerce Dept Sends Auto Tariff Report to the White House for Review
Feb 18, 2019 4:43 PM WSTThe U.S. Commerce Department sent its report on auto tariffs late Sunday evening to U.S. President Donald Trump, hours before the end of the 270-day deadline. The report’s recommendations can potentially lead to steeper tariffs on imported cars and auto parts.
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Ford & Volkswagen Collaboration with Argo AI Could Value the Self-Driving Startup at $4 Billion
Feb 15, 2019 6:05 PM WSTFord Motor Co. and Volkswagen AG are inching closer towards an agreement to collaborate on self-driving cars together with Argo AI, Ford’s self-driving unit. According to a report from Bloomberg, the two automakers have overcome earlier obstacles and are making progress in their talks.
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Autonomous Trucking Startup TuSimple Raises $95 Million in Latest Funding Round
Feb 14, 2019 6:42 PM WSTAutonomous truck startup TuSimple announced it has raised another $95 million in Series D funding based on a pre-money valuation of $1 billion. The company will use the new capital investment to fund its commercial development of self-driving trucks and additional product development.
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Xcelerate to Offer Extended Warranties on Used EVs, Including Tesla Vehicles
Feb 14, 2019 3:52 PM WSTTexas-based auto finance and leasing company Xcelerate announced it will offer extended warranties for the first time on used EVs, including more pricier Tesla models. The company said it’s the first in the U.S. to provide extended warranty coverage for electric vehicles.
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Volkswagen & Ford Still at Odds Over Autonomous Driving Partnership
Feb 13, 2019 7:00 PM WSTGerman automaker Volkswagen AG and the Ford Motor Co are still hashing out details of an alliance first announced in June 2018 to work together on self driving cars and other related technology. The two automakers are at odds over how much the VW will invest in Ford’s autonomous driving unit as part of the deal.
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BMW Unveils the First Ever X3 & X4 M Models, Both Will Be Built in the U.S.
Feb 12, 2019 6:08 PM WSTWith all of the talk surrounding electric vehicles and plug-in hybrids lately, BMW is getting back to its performance and racing heritage with two new M series models. The automaker announced today all-new M versions of the popular X3 and X4 models.
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The Hyundai Kona Electric Named Best EV of 2019 by Edmunds
Feb 12, 2019 1:47 PM WSTThe Hyundai Kona, the first electric SUV from the South Korean automaker, keeps racking up accolades from the automotive industry. The compact SUV was named the Edmunds Editors’ Choice for best EV of 2019.
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Ford is Investing $1 Billion in its Chicago Plants and Adding 500 Jobs
Feb 07, 2019 6:09 PM WSTAs General Motors closes plants and layoff thousands of workers, the Ford Motor Company is investing $1 billion in its Chicago assembly and stamping plants and adding 500 new jobs, as it prepares to launch three highly anticipated new SUVs that go on sale later this year, including the all-new Explorer.
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China’s CATL Aims to Build a EV Battery Plant in Germany 3 Times Bigger Than Tesla’s Gigafactory
Feb 06, 2019 6:26 PM WSTCATL, the world’s largest maker of battery cells for electric vehicles, has already committed to building a factory in Germany, but now the battery maker plans to increase the size of its factory in Erfurt to meet rising demand from Germany’s auto industry.
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Electrify America is Buying Powerpacks From Tesla for Select EV Charging Sites
Feb 04, 2019 7:34 PM WSTVolkswagen’s Electrify America said on Monday it will install Tesla battery storage packs at 100 of its charging stations across the United States. For EV owners, the move is designed to help lower the costs for charging their vehicles.
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