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Rivian, Mercedes-Benz Partner to Produce Electric Commercial Vans

Rivian, Mercedes-Benz Partner to Produce Electric Commercial Vans

The all-electric startup has partnered with the German luxury marque to start a joint venture that’s centered around manufacturing two electric vans at a new facility in Europe.

Vineeth Joel Patel2022-09-10 07:45 PT

GM Offering to Buy Out Buick Dealers That Don’t Want to Sell EVs

GM Offering to Buy Out Buick Dealers That Don’t Want to Sell EVs

With Buick set to go all-electric by 2030, General Motors is willing to buy out dealerships that don’t want to invest money into selling Buick’s upcoming EVs.

Vineeth Joel Patel2022-09-04 07:40 PT

Volvo’s Electric Vehicle Brand Polestar Reports $1 Billion in Revenue in the First Half of 2022, Adds 6 New Global Markets

Volvo’s Electric Vehicle Brand Polestar Reports $1 Billion in Revenue in the First Half of 2022, Adds 6 New Global Markets

​Electric-performances brand Polestar is off to a strong start for the first half of 2022 following a strong Q1 with brisk sales of the Polestar 2 EV. In the first four months of 2022, customer reservations also more than tripled to nearly 23,000 vehicles compared to the same period in 2021.

Eric Walz2022-09-01 13:00 PT

Toyota is Investing an Additional $2.5 Billion to Expand its North Carolina Factory to Boost EV Battery Production

Toyota is Investing an Additional $2.5 Billion to Expand its North Carolina Factory to Boost EV Battery Production

Toyota Motor Corp announced on Wednesday that it will invest an additional $2.5 billion at its newest U.S. facility, “Toyota Battery Manufacturing North Carolina” (TBMNC), to produce more batteries for electrified vehicles. Battery production is scheduled to begin in 2025. The latest investment brings Toyota’s total investment in North Carolina to $3.8 billion.

Eric Walz2022-08-31 09:45 PT

Prices For Used EVs Continue to Rise as Gas Cars Drop

Prices For Used EVs Continue to Rise as Gas Cars Drop

According to an analysis conducted by iSeeCars, prices for used cars continue to rise rapidly, while used car prices for gas-powered vehicles are dropping.

Vineeth Joel Patel2022-08-29 08:00 PT

Mercedes-Benz Begins Production of the Highly Anticipated EQS Electric SUV in Alabama

Mercedes-Benz Begins Production of the Highly Anticipated EQS Electric SUV in Alabama

​Mercedes-Benz has officially started production of the highly anticipated EQS electric SUV at its assembly plant in Tuscaloosa, Alabama. The EQS SUV is the third electric model in the automaker’s EQ lineup, following the launch of the EQE and EQS sedans. The plant uses state-of-the-art digital, sustainable, efficient and flexible production methods and represents the future of automotive production for Mercedes-Benz.

Eric Walz2022-08-26 10:30 PT

New Premium Electric Vehicle Brand Zeekr Is Exploring IPO Options in the U.S. or Hong Kong, According to Sources

New Premium Electric Vehicle Brand Zeekr Is Exploring IPO Options in the U.S. or Hong Kong, According to Sources

New electric vehicle brand Zeekr Intelligent Technology Ltd. (“Zeekr”), which is owned by Chinese automaker Zhejiang Geely Holding Group ("Geely"), is mulling plans to launch an IPO in either the U.S. or Hong Kong. Geely announced the Zeekr in March 2021 as a standalone brand to compete with Tesla, XPeng, NIO Inc. and others in the premium EV category in China. The company is targeting tech-savvy, younger customers more likely to purchase an electric vehicle.

FutureCar Staff 2022-08-25 12:25 PT

Ford Motor Co is Cutting 3,000 Jobs as it Transitions to Electric Vehicles, Software and Digital Services

Ford Motor Co is Cutting 3,000 Jobs as it Transitions to Electric Vehicles, Software and Digital Services

Ford Motor Co is undergoing one the biggest transitions in the company’s history with plans of building more software-defined electric vehicles. The automaker plans to sell 600,000 electric vehicles by 2023 and 2 million by 2026. But to reach its electrification targets over the next several years, Ford plans to reduce costs and become a much leaner company.

Eric Walz2022-08-22 12:00 PT

Acura Prevision EV Concept Previews Brand’s Electric Future

Acura Prevision EV Concept Previews Brand’s Electric Future

With Acura’s first all-electric vehicle expected to arrive in 2024, the luxury brand is ready to provide a preview of what its upcoming EVs may look like.

Vineeth Joel Patel2022-08-22 09:00 PT

Ford Reportedly Dropping 2024 Mustang Hybrid

Ford Reportedly Dropping 2024 Mustang Hybrid

While reports indicated that the new generation of the Ford Mustang would arrive with a hybrid model, it looks like the automaker has ditched the idea and will come out with an all-electric Mustang lineup down the road instead.

Vineeth Joel Patel2022-08-21 07:30 PT

Federal Tax Credit on EVs Still Applies to American-Made Vehicles

Federal Tax Credit on EVs Still Applies to American-Made Vehicles

While the Inflation Reduction Act is set to bring in some large changes for consumers looking to purchase a vehicle, the federal tax credit will be available on electric vehicles through 2022, but only on vehicles that are made in America.

Vineeth Joel Patel2022-08-20 07:30 PT

Lucid Launches New Performance Brand ‘Sapphire’ with a 1,200 Horsepower, Tri-Motor Version of the Lucid Air Sedan

Lucid Launches New Performance Brand ‘Sapphire’ with a 1,200 Horsepower, Tri-Motor Version of the Lucid Air Sedan

​Luxury electric automaker Lucid Group has launched a new ultra-high performance brand named Sapphire with the unveiling of a sport-focused, yet luxurious tri-motor version of the Lucid Air sedan dubbed the Sapphire. The 1,200 horsepower Lucid Air Sapphire made its public debut at the Quail Lodge as part of Monterey Car Week in California. Additional Sapphire models will be available for all of Lucid's EVs moving forward, including for the company’s upcoming SUV.

Eric Walz2022-08-19 11:15 PT

Volvo’s Brand Polestar Confirms That the Polestar 6 Electric Roadster Will Enter Production and Launch in 2026

Volvo’s Brand Polestar Confirms That the Polestar 6 Electric Roadster Will Enter Production and Launch in 2026

​Electric performance car brand Polestar has confirmed plans to put its electric roadster concept into production. The production version of the battery-powered sportscar car is expected to launch in 2026 as the “Polestar 6”. Polestar was able to take the classic look of iconic roadsters of the past and incorporate the design elements into a modern, fully-electric sportscar.

Eric Walz2022-08-16 09:00 PT

California DMV Accuses Tesla of Making False Claims About its Driver-Assist Systems

California DMV Accuses Tesla of Making False Claims About its Driver-Assist Systems

The state’s Department of Motor Vehicles declares that the all-electric automaker exaggerated the capabilities of its systems.

Vineeth Joel Patel2022-08-14 06:00 PT

Automakers Urge Consumers to Buy an EV Before Tax Credit Changes

Automakers Urge Consumers to Buy an EV Before Tax Credit Changes

If you’re looking to purchase an electric vehicle, now is the time to act, as the upcoming months are going to be a difficult, confusing times as the EV tax credit changes.

Vineeth Joel Patel2022-08-13 14:45 PT

BorgWarner to Supply its Integrated Drive Module to Hyundai for a New EV That Will Enter Production in 2024

BorgWarner to Supply its Integrated Drive Module to Hyundai for a New EV That Will Enter Production in 2024

Automotive component supplier BorgWarner has secured a second major supply deal with Hyundai Motor Co for an integrated drive module (“IDM146”) that will power a new electric vehicle that will enter production in 2024. The IDM optimizes weight, cost and size for electric vehicles. It integrates the transmission and high voltage hairpin (HVH) electric motor and power electronics into a single compact unit.

Eric Walz2022-08-11 09:00 PT

Ford Announces the Largest Utility Agreement in the U.S. History to Assemble All of its Vehicles in Michigan Using 100% Renewable Energy by 2025

Ford Announces the Largest Utility Agreement in the U.S. History to Assemble All of its Vehicles in Michigan Using 100% Renewable Energy by 2025

A new agreement announced by Ford Motor Co and Detroit-based energy company DTE Energy represents a major step for the automaker to reach its renewable energy goals. As part of the agreement, DTE will add 650 megawatts of new solar energy capacity in Michigan for Ford. The automaker will use this renewable solar energy to produce all of its vehicles in Michigan by 2025.

FutureCar Staff 2022-08-10 08:10 PT

Ford Raises the Prices of the F-150 Lightning Electric Pickup Due to Rising Raw Material Costs

Ford Raises the Prices of the F-150 Lightning Electric Pickup Due to Rising Raw Material Costs

Ford Motor Co is raising prices of the F-150 Lightning electric pickup for the first time since its launch in May 2021. The automaker cited significant material cost increases and other factors for the price hikes of nearly 20% on Lightning models. The automaker said prices for the 2023 F-150 Lightning will jump between $6,000 and $8,500 depending on the model.

Eric Walz2022-08-09 12:15 PT

Lucid’s New ‘Stealth Look’ Appearance Package for the Electric Air Sedan Compliments its High Performance DNA

Lucid’s New ‘Stealth Look’ Appearance Package for the Electric Air Sedan Compliments its High Performance DNA

Luxury electric automaker Lucid Group unveiled a new “Stealth Look” exterior appearance package for the Lucid Air sedan. The darker Stealth Look gives the Air sedan a more aggressive appearance, which is fitting for the 1,000+ horsepower Lucid Air. The new Stealth Look will be available as an option for Air Grand Touring Performance, Air Grand Touring, and Air Touring models.

FutureCar Staff 2022-08-08 09:45 PT

Toyota Offering Multiple Solutions for Non-Drivable bZ4X Electric SUVs

Toyota Offering Multiple Solutions for Non-Drivable bZ4X Electric SUVs

Toyota bZ4X owners that aren’t interested in waiting for the automaker to come out with a fix have the option of Toyota buying back the SUV.

Vineeth Joel Patel2022-08-07 22:00 PT

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