Last week, Tesla CEO Elon Musk made a surprising announcement the the electric automaker would close all of its retail locations and move vehicle sales to online-only in a cost cutting move. Now Tesla is backtracking on its decision. Tesla said it will keep half of its retail locations open and raise prices by 3 percent for its high-end models.
FutureCar Staff 2019-03-11 14:29 PT
Under the contract, CATL will supply Honda with lithium-ion batteries that have a capacity of 56 gigawatt (GWh) hours by 2027.
Vineeth Joel Patel2019-02-08 12:00 PT
The Toyota Motor Corporation and Panasonic announced a new joint venture to develop advanced automotive prismatic batteries for use in electric vehicles. The new joint venture aims to be operating by 2020.
FutureCar Staff 2019-01-22 16:13 PT
As the auto industry moves toward electrification, big corporations not normally associated with investments in the auto industry have been pouring money into electric vehicle startups working on electric vehicles, batteries and EV charging infrastructure.
Eric Walz2019-01-11 18:12 PT
German battery maker Varta has reached a research agreement to lay the groundwork for mass production of lithium-ion battery cells for electric cars.
Eric Walz2018-11-19 11:31 PT
German automaker BMW is partnering with Swedish battery company Northvolt and Belgian materials recycling group Umicore on a project to create a sustainable life cycle for the EV batteries used in future models, the companies said on Monday.
Eric Walz2018-10-15 12:51 PT
Automotive supplier Bosch is to team up with Chinese-funded electric vehicle startup Byton, Reuters reported. Bosch will supply Byton with powertrain, brake and driver assistance systems, the company said in a statement.
FutureCar Staff 2018-09-25 13:55 PT
France's Saft, a subsidiary of energy company Total, expects to begin mass production of next-generation lithium ion batteries starting in early 2020. Saft is part of a four-way European battery alliance between Siemens AG, Manz AG and Belgian chemical company Solvay.
FutureCar Staff 2018-09-13 12:46 PT
German automakers, including Volkswagen and BMW, are fearful that the country may not have sufficient production facilities to meet the demand for electric vehicle battery cells, as the country’s major automakers make plans electrify their model lineups.
Eric Walz2018-07-09 11:00 PT
Eric WalzApr 23, 2019 11:31 AM PT
Eric WalzApr 22, 2019 6:24 PM PT
Manish KharintaApr 22, 2019 12:00 PM PT
Michael ChengApr 22, 2019 10:12 AM PT