Toyota to Speed up its EV Development, Will Turn to China for Batteries

​Toyota Motor Corp is speeding up its timeline of having half of its global vehicle sales electric. To support the ambitious new timeline, Toyota said will turn to Chinese suppliers to supply the batteries needed for the new crop of electric models.

FutureCar Staff 2019-06-07 12:39 PT

BMW & Jaguar Land Rover to Work together on Next-Gen Electric Vehicle Technology

The latest partnership in the automotive industry comes from BMW and Jaguar Land Rover. The two global automakers announced they will work together to develop electric vehicle drive units to supports the advancement of electrification technologies necessary to transition to autonomous driving, connectivity, electrification and services (ACES).

Eric Walz2019-06-05 19:03 PT

EV Startup SERES Hires Auto Industry Veteran to Lead its U.S. Operations

Chinese electric vehicle startup SERES announced today that its board of directors has named James Taylor as CEO. Taylor previously served as general manager and chief marketing officer of Cadillac before taking over the CEO role at former GM truck division Hummer.

Eric Walz2019-05-29 13:04 PT

EV Startup NIO Announces New Joint Venture, Sends Stock 4% Higher

Shares in Chinese electric automaker NIO Inc. closed up nearly 4 percent Tuesday, closing at $4.00 a share after the electric automaker posted first-quarter earnings and announced it will form a joint venture with an investment corporation called NIO China.

FutureCar Staff 2019-05-28 18:19 PT

EVgo Partnering with Chevron to Install EV Fast Charging at Select California Gas Stations

In the future, gas stations might become convenient locations to dispense power for electric vehicles. EVgo, whihc operates the nation’s largest public electric vehicle (EV) fast charging network, announced today it is working with Chevron to bring EV fast charging to select Chevron company-owned gas stations in California.

FutureCar Staff 2019-05-20 14:30 PT

The Next Hyundai Kona Electric is Getting a 11 kW 3-Phase Onboard Charger

Hyundai announced that it will be introducing the new model year Kona Electric with enhanced specifications

Manish Kharinta2019-05-12 16:52 PT

Volkswagen Begins Taking Pre-orders in Europe for the ID Electric Hatchback

German automaker Volkswagen AG is ready to take on Tesla in Europe with its first electric car. The automaker is now taking 1,000 euro deposits for its new fully-electric hatchback named the ID.3.

Eric Walz2019-05-08 13:00 PT

Electrify America Unveils its EV Charging Smartphone App Designed to Make Charging Easy

Electrify America (EA) is investing $2 billion over ten years on EV charging infrastructure in the U.S., as well as education about electric vehicles. Besides building a coast to coast network of EV vehicle charging infrastructure, one of the goals of EA is to make electric vehicle charging a seamless experience for drivers and the company just unveiled its first smartphone app.

Eric Walz2019-05-06 14:00 PT

France & Germany to Support a EV Battery Consortium With PSA Group and Battery Maker Saft

German and French automakers are exploring ways to lessen their reliance on Asian suppliers for electric vehicle batteries and are supporting plans for a new cross-border battery consortium. The economy ministries of both countries sent a letter of intent to the European Union’s executive body asking to approve state subsidies for a battery cell consortium with French carmaker PSA Group, German subsidiary Opel and French battery maker Saft.

FutureCar Staff 2019-04-29 16:23 PT

VW Reveals Fully-Electric Flagship SUV Concept for the China Market

Volkswagen unveiled its new concept SUV called the ID ROOMZZ in Shanghai this week ahead of Auto Shanghai 2019, which opens to the public on Thursday. The fully-electric SUV will join VW’s ID brand and become a flagship model for Volkswagen in China when it goes on sale in 2021.

FutureCar Staff 2019-04-18 10:30 PT

Daimler Acquires Stake in Sila Technologies to Develop Next-Gen EV Batteries

Daimler AG has acquired a minority equity stake in U.S. battery materials company Sila Nanotechnologies Inc. (Sila Nano) as part of its research and development of advanced batteries for electric vehicles.

Eric Walz2019-04-16 15:45 PT

Tesla Announces the $35,000 Standard Model 3 Can No Longer Be Purchased Online

In a blog post Thursday, Tesla announced that the $35,000 Model 3, the automaker’s first mass-market car, is no longer available for purchase on the company's website, instead customers will need to visit a Tesla store in-person or order it by phone.

Eric Walz2019-04-12 17:00 PT

Chairman of EV Startup BYTON to Leave the Company, German Magazine Reports

The chairman and co-founder of Chinese electric vehicle manufacturer Byton, Dr. Carsten Breitfeld, will leave the company soon, German business monthly Manager Magazin reported on Thursday. The company is facing trouble funding its planned expansion in the Chinese market, causing tensions which prompted the decision, the sources said.

FutureCar Staff 2019-04-11 14:13 PT

EV Startup SF Motors Rebrands as 'Seres', Opening Preorders for its SF5 Crossover Next Week

Electric vehicle startup SF Motors has officially changed its name to Seres and announced today that is opening up pre-orders for its first electric vehicle the SF5 crossover next week during the Shanghai Auto Show.

Eric Walz2019-04-10 19:07 PT

U.S. Lawmakers Introduce Bill to Extend Federal EV Tax Credit

A bipartisan group of U.S. lawmakers introduced legislation on Wednesday to expand the electric vehicle tax credit to another 400,000 vehicles per manufacturer, on top of the current cap of 200,000 vehicles. The move to expand the credit is intended to encourage the purchase of electric vehicles.

Eric Walz2019-04-10 13:23 PT

Ahead of the e-tron Launch, Audi Launches Ad Campaign to Clarify Misconceptions About EVs

With next month’s anticipated launch of the new fully-electric Audi e-tron SUV, the luxury German automaker kicked off a nationwide ad campaign this week to clear up some of the misconceptions the public has about electric vehicles.

FutureCar Staff 2019-04-09 19:07 PT

Toyota to Open its Patents Related to Hybrid Vehicle Technology

​Toyota Motor plans to offer royalty-free access to its advanced hybrid-vehicle technology patents as early as this year. The move is a strategic policy shift that will encourage competitors to develop hybrid vehicles by sharing Toyota’s expertise in hybrid powertrains.

FutureCar Staff 2019-04-03 13:30 PT

EV Startup EVELOZCITY Renamed Canoo, Will Offer its Vehicles as a Subscription

Los Angeles-based electric vehicle startup EVELOZCITY has changed its name to Canoo. The new company aims to be a boutique Californian brand offering four unique electric vehicles, each available as a subscription.

Eric Walz2019-03-26 13:12 PT

EV Startup Faraday Future Saved by $600 Million Investment from Internet & Gaming Co The9

Financially strapped electric vehicle startup Faraday Future (FF) looked like it was on the brink of insolvency last week after selling off its California headquarters to generate enough funds to stay afloat. Now the struggling electric automaker has received a lifetime from Chinese Internet company and video game distributor The9 Limited (The9), an unlikely place for a EV startup.

FutureCar Staff 2019-03-25 13:49 PT

Toyota to Invest $13 Billion in U.S. Manufacturing Over 5 Years with a Focus on Electric & Hybrid Technology

Toyota is investing billions to expand its U.S. production to support new models. The world's biggest automaker announced it will invest $13 billion over five years with a new commitment to new technologies such as electric and plug-in hybrid vehicles.

FutureCar Staff 2019-03-14 13:30 PT