General Motors & LG Chem Are Investing up to $2.3 Billion in New EV Battery Joint Venture

U.S. automaker General Motors today announced it is forming a new joint venture (JV) with South Korean battery maker LG Chem to mass-produce battery cells for GM’s future battery-electric vehicles.

Eric Walz2019-12-05 10:50 PT

Hyundai Motor Co is Investing $52 Billion in Electric & Autonomous Vehicles and Mobility Services by 2025

South Korean automaker Hyundai Motor Co is looking to be a world leader in electrification, autonomous driving and advanced mobility services by making one of the biggest investments of any automaker in its future. Hyundai will invest 61.1 trillion won ($51.81 billion) between 2020 and 2025 for research and development in advanced mobility.

Eric Walz2019-12-04 11:05 PT

Polestar Enters Final Prototype Phase Before Production of the Mass-Market Electric Polestar 2

Luxury performance brand Polestar announced that its second vehicle, the Polestar 2, is entering the final prototype phase before final production and delivery to customers in 2020.

Eric Walz2019-12-02 08:00 PT

VW’s Audi to Cut 10% of its Workforce to Fund Shift Towards Electric Vehicles

Volkswagen’s luxury brand Audi announced that is is cutting around 10% of its workforce to save money as the company shifts towards producing electric vehicles.

FutureCar Staff 2019-11-26 10:30 PT

BMW Showcases Upcoming i4, Claims 373 Miles of Range

After years of teasing the i4 all-electric sedan, BMW finally confirmed some information on its EV that will compete with the Tesla Model S and Model 3.

Vineeth Joel Patel2019-11-24 16:00 PT

With a New CEO, EV Startup Faraday Future is Focused on Transforming Mobility

Luxury electric vehicle startup Faraday Future was once viewed as a serious competitor to Tesla. Now the company is getting back to business under the leadership of its new CEO. Faraday Future is now led by former BMW engineer Dr. Carsten Breitfeld, the former head of BMW's i8 program.

Eric Walz2019-11-22 14:30 PT

Mercedes-Benz Announces Pricing for the Electric EQC SUV in the U.S.

German luxury car manufacturer Mercedes-Benz has officially revealed the starting price of its U.S-bound EQC fully-electric SUV. The e-SUV was first unveiled over a year ago and its the first fully-electric model from Mercedes.

Manish Kharinta2019-11-21 18:30 PT

Hydrogen-Powered Truck Startup Nikola Announces a New 'Game-Changing' EV Battery Technology

Nikola Corporation, a startup developing hydrogen-powered trucks, announced details of a new battery that has a record energy density of 1,100 watt-hours per kilogram on the material level and 500 watt-hours per kg on the production cell level. Nikola said the battery breakthrough will be “game-changing” for the industry.

Eric Walz2019-11-19 14:00 PT

Toyota's Luxury Brand Lexus to Debut its First Electric Vehicle

Unsurprisingly, the debut is scheduled to be made in China where the electric car is expected to be popular.

Vineeth Joel Patel2019-11-18 06:00 PT

GM Sells Lordstown Plant to EV Startup Lordstown Motors

With ownership of the massive plant in Lordstown, Ohio, Lordstown Motors can get to work on building the Endurance, an all-electric pickup truck.

Vineeth Joel Patel2019-11-16 06:00 PT

Volkswagen is Investing $66 Billion in E-Mobility and Digital Technology

German automaker Volkswagen AG plans to invest 60 billion euros ($66.12 billion) by 2024 to develop electric and hybrid cars as well as digital technologies, the company announced on Friday.

Eric Walz2019-11-15 10:50 PT

Ford Officially Confirms the 'Mustang Mach-E' Name for its First Fully-Electric SUV

Ford Motor Company has confirmed its new Mustang-inspired crossover will be called the “Mustang Mach-E” and the fully-electric SUV will finally be revealed on Sunday at a special event in Los Angeles ahead of the 2019 LA Auto Show.

Eric Walz2019-11-14 10:05 PT

Chinese Electric Vehicle Startup Xpeng Motors Raises $400 Million in Series C Funding

Electric vehicle startup Xpeng Motors today announced the signing of its Series C capital funding of US$400 million. The funding comes from a group of strategic and institutional investors, including corporate and individual investors and private equity firms.

Eric Walz2019-11-12 17:00 PT

Hyundai Develops the World’s First Active Noise Cancelling Technology for Passenger Vehicles

Hyundai Motor Group today announced it developed the world’s first “noise cancelling system” that may be well-suited for electric vehicles. The automaker calls the system Road Noise Active Noise Control (RANC) and says it's the first-ever system that can dramatically reduces noise within the cabin of a vehicle.

Eric Walz2019-11-11 10:50 PT

Volkswagen Kicks Off Production of Fully-Electric ID.3

Production of the ID.3 electric car officially began this week, marking a large fundamental change for the brand as it moves to electric vehicles.

Vineeth Joel Patel2019-11-09 06:00 PT

California EV Startup Lucid Motors Begins Construction on its Arizona Factory

California-based luxury electric vehicle startup Lucid Motors has begun construction of an assembly factory in Casa Grande, Arizona, the company announced in a blog post. Lucid said the factory will begin production of the company’s luxury electric flagship sedan called the Lucid Air in late 2020.

Eric Walz2019-11-08 14:30 PT

Toyota & BYD Establish Joint Company in China for Electric Vehicle Development

China’s BYD Company Ltd. (BYD) and Japan’s Toyota Motor Corporation announced that they have signed an agreement to establish a joint company to research and development of electric vehicles.

Eric Walz2019-11-08 11:00 PT

Volvo Cars to Use Blockchain to Track the Source of Cobalt for EV Batteries

Automaker Volvo Cars is utilizing blockchain technology in an effort to ensure that raw materials for its EV batteries are sustainably sourced. The automaker will become the first carmaker to implement global traceability of cobalt used in its EV batteries by applying blockchain technology.

FutureCar Staff 2019-11-06 19:00 PT

Magna International to Supply Dual-Clutch & Hybrid Transmissions to BMW

BMW Group has awarded automotive parts supplier Magna International the largest production order for transmission technologies in the company’s history. The transmission technologies will be used in more than 170 different BMW vehicle applications.

Eric Walz2019-10-30 10:45 PT

BMW i Ventures Invests in Silicon Valley-based Flexible Circuit Maker CelLink

BMW i Ventures, the venture capital arm of automaker BMW focused on investing in advanced technologies, today announced an investment in CelLink, a San Carlos, CA-based manufacturer of flexible circuit technology. Flexible circuits have the potential for widespread use in the manufacturing of electric vehicles.

Eric Walz2019-10-29 13:00 PT