Electric vehicle pioneer Tesla and two of its newest rivals Lucid Motors and Rivian have joined a new lobbying group called the “Zero Emission Transportation Association” (ZETA). The organization will focus on advocating for national policies to promote the use of zero-emissions electric vehicles. ZETA aims to bring together those who support meeting the goal of 100% electric vehicle sales in the U.S. by 2030.
FutureCar Staff 2020-11-18 17:15 PT
Luxury Electric Automaker Lucid Motors Opens its Studio & Service Center in Southern California
Luxury electric vehicle startup and Tesla challenger Lucid Motors has officially opened its Lucid Studio and service center in Beverly Hills, California. The Lucid Motors Design Studios will support the company’s “direct to customer sales strategy.”
Eric Walz2020-10-02 16:00 PT
Luxury Electric Automaker Lucid Motors Opens Up Reservations for its Air Sedan
Lucid Motors announced today that customers can now reserve a Lucid Air sedan with a $1,000 deposit. The fully-electric Air sedan is the first model from Lucid and is scheduled to enter production in late 2020. The Air will offer around 400 miles range and can hit 0-60 mph in under 2.5 seconds, producing over 1,000 horsepower from its electric powertrain.
FutureCar Staff 2019-12-19 14:45 PT
Saudi Arabia’s Public Investment Fund Hedges its Stake in Tesla
Saudi Arabia’s Public Investment Fund (PIF) has cut its exposure to electric carmaker Tesla Inc. The move is a sign that the PIF is concerned about Tesla’s long-term profitability.
Eric Walz2019-01-28 11:32 PT
Another Top Executive Departs Tesla, Joining Dozens of Others Who Left the Automaker in 2018
Another key executive at electric automaker Tesla is stepping down, according to people with familiar with the matter. It’s another setback for Tesla’s CEO Elon Musk since tweeting on August 7 about taking the company private.
FutureCar Staff 2018-09-21 18:31 PT
Baidu Working on China’s Future Self-Driving Cars From Silicon Valley
Baidu, China's leading Internet search company, is set to announce the first vehicle manufacturing partners for its self-driving software in Beijing, the result of work that is happening 6,000 miles away in Silicon Valley, where other Chinese companies are busy developing and funding software and hardware to power internet-connected, autonomous vehicles.
Eric Walz2017-06-30 13:25 PT
Lucid displays its 217 mph Air Alpha Speed Car at the New York Auto Show
Lucid Motors displays two versions of its new Air sedan, incuding a 217 mph version, at the New York Auto Show
Eric Walz2017-04-21 17:05 PT
Eric WalzJan 22, 2021 3:30 PM PT
Tesla Rival Xpeng Sets Up Auto Parts Manufacturing Company That Will Include EV Battery Production
FutureCar Staff Jan 22, 2021 12:55 PM PT
Toyota-backed Startup Joby Aviation is Seeking to Go Public in a $5 Billion SPAC Deal
FutureCar Staff Jan 22, 2021 10:45 AM PT