Follow
Subscribe
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

Tesla Rival XPeng and Alibaba Cloud Set Up China’s Largest Cloud-Based Computing Center to Train Machine Learning Models for Autonomous Driving

Tesla Rival XPeng and Alibaba Cloud Set Up China’s Largest Cloud-Based Computing Center to Train Machine Learning Models for Autonomous Driving

Electric vehicle manufacturer XPeng Inc, which is becoming one of Tesla’s biggest rivals in China with its high tech EVs, has set up a data center with Alibaba Cloud to train its autonomous driving systems. The cloud-based data center will be used to train XPeng’s machine learning models to improve the autonomous driving capabilities of its vehicles much more quickly.

Eric Walz2022-08-04 10:00 PT

Lucid Group Hires Key Executives that Formerly Worked for Mercedes-Benz and Tesla as it Prepares for Global Expansion and Production Ramp Up

Lucid Group Hires Key Executives that Formerly Worked for Mercedes-Benz and Tesla as it Prepares for Global Expansion and Production Ramp Up

Luxury-electric automaker Lucid Group announced the appointments of Evelyn Chiang as VP of Process Transformation and Walter Ludwig as its VP of Global Logistics as it aims to ramp up production. The two executives bring a wealth of global expertise and decades of operational excellence from companies including Mercedes-Benz and Tesla.

FutureCar Staff 2022-07-22 09:15 PT

NHTSA Opens Investigations Into Two New Fatal Tesla Accidents

NHTSA Opens Investigations Into Two New Fatal Tesla Accidents

Two recent fatal automobile accidents involving Tesla’s electric cars are being investigated by the NHTSA. The fatal accidents took place in California and Florida.

Vineeth Joel Patel2022-07-10 06:55 PT

J.D. Power Study Finds That EVs Are More Problematic Than ICE Cars

J.D. Power Study Finds That EVs Are More Problematic Than ICE Cars

Polestar had the worst score of any automaker that was included in the study, while Tesla was well below average.

Vineeth Joel Patel2022-07-03 07:15 PT

Tesla Challenger NIO Inc Reports its Highest-Ever Monthly Sales in June

Tesla Challenger NIO Inc Reports its Highest-Ever Monthly Sales in June

Electric automaker NIO Inc is selling more vehicles than ever before as China’s auto industry rebounds from the pandemic and subsequent production shutdowns in 2022. NIO reported record sales for the month of June, which was the highest monthly total since the automaker delivered its first vehicle, the ES8 SUV, in 2018.

Eric Walz2022-07-01 10:00 PT

Tesla Rival XPeng Inc. to Start Deliveries of its New Flagship G9 Electric SUV in September, CEO Confirms After Sharing New Details

Tesla Rival XPeng Inc. to Start Deliveries of its New Flagship G9 Electric SUV in September, CEO Confirms After Sharing New Details

The launch of the new flagship G9 electric SUV from Tesla rival XPeng Inc is moving forward as planned, the company's Chairman and CEO, He Xiaopeng, wrote on Chinese microblogging site Weibo on Wednesday. Mr. He posted on Weibo to provide an update on the progress of the G9, saying that many people are interested in the official launch and want to learn more about the company's new luxury SUV.

Eric Walz2022-06-29 13:15 PT

Tesla's Battery Supplier CATL Unveils its New ‘Qilin’ Battery That Can Deliver 600+ Miles of Range to EVs

Tesla's Battery Supplier CATL Unveils its New ‘Qilin’ Battery That Can Deliver 600+ Miles of Range to EVs

Battery maker CATL, which is the world’s biggest supplier of electric vehicle batteries, unveiled its latest battery design named the “Qilin”. The energy-dense cell-to-pack battery can allow an electric vehicle to travel over 600 miles on a charge. The battery achieves the world’s highest volume utilization efficiency of 72%, which could become a game changer for the auto industry.

Eric Walz2022-06-23 12:00 PT

Shares of Volvo’s EV Brand Polestar to Begin Trading on the NASDAQ After Closing on its SPAC Deal With Gores Guggenheim

Shares of Volvo’s EV Brand Polestar to Begin Trading on the NASDAQ After Closing on its SPAC Deal With Gores Guggenheim

​Electric performance brand Polestar, which is jointly operated by Sweden’s Volvo Cars and its parent company Chinese automaker Zhejiang Geely Holding ("Geely"), has closed on its previously announced business combination with Gores Guggenheim, a special purpose acquisition company. As a result, the the automaker’s shares will begin trading on the NASDAQ under the ticker symbol “PSNY” on June 24, 2022.

Eric Walz2022-06-23 08:30 PT

EV Startup NIO to Launch a New Mass-Market Brand to Rival Tesla with an Annual Capacity of 500,000 Vehicles a Year

EV Startup NIO to Launch a New Mass-Market Brand to Rival Tesla with an Annual Capacity of 500,000 Vehicles a Year

Electric vehicle startup NIO Inc. aims to launch a new EV brand offering even more affordable vehicles to better compete against the Tesla Model 3 and Model Y in the China market, said CEO and chairman William Bin Li, on Thursday. The sub-brand will have an annual capacity of 500,000 electric vehicles a year.

Eric Walz2022-06-17 10:00 PT

Facing Rising Production Costs, Automakers Ford, GM, Stellantis and Toyota Urge Congress to Lift the Cap on the $7,500 EV Tax Credit

Facing Rising Production Costs, Automakers Ford, GM, Stellantis and Toyota Urge Congress to Lift the Cap on the $7,500 EV Tax Credit

With rising inflation in the U.S. it's not just consumers dealing with higher prices, the world’s biggest automakers are also dealing with rising costs of raw materials like nickel and cobalt used in electric vehicle batteries. As automakers invest billions into electrifying their models lineups they are now asking Congress to lift the 200,000 vehicle cap on the $7,500 federal EV tax credit.

Eric Walz2022-06-13 10:00 PT

NHTSA Upgrades Tesla's Autopilot Investigation to 'Engineering Analysis'

NHTSA Upgrades Tesla's Autopilot Investigation to 'Engineering Analysis'

The federal government’s action is an escalation of its ongoing investigation into accidents involving the automaker’s vehicles hitting stationary emergency vehicles.

Vineeth Joel Patel2022-06-12 07:45 PT

Elon Musk Wants to Cut Around 10% of Tesla’s Global Workforce, Blames Economic Uncertainty

Elon Musk Wants to Cut Around 10% of Tesla’s Global Workforce, Blames Economic Uncertainty

Tesla Chief Executive Elon Musk announced that he wants to reduce Tesla’s workforce by 10%, equal to roughly 10,000 jobs. Musk cites economic uncertainty for the plans to reduce Tesla’s workforce and wrote that he has a "super bad feeling" about the economy in the email to executives.

Eric Walz2022-06-03 09:30 PT

Volkswagen CEO Believes It Will Overtake Tesla in EV Sales by 2025

Volkswagen CEO Believes It Will Overtake Tesla in EV Sales by 2025

Speaking with CNBC, VW CEO Herbert Diess stated that alleviating supply chain issues would create some momentum for the automaker to overtake Tesla in sales of electric vehicles within the next few years.

Vineeth Joel Patel2022-05-29 05:00 PT

Tesla Rival NIO Inc is Hiring Manufacturing Specialists for a U.S. EV Factory, Reports Say

Tesla Rival NIO Inc is Hiring Manufacturing Specialists for a U.S. EV Factory, Reports Say

Electric vehicle startup NIO Inc, which is emerging as one of Tesla’s biggest rivals in China, is reportedly looking to build a EV factory in the U.S., a local news outlet reported on Friday, citing new job listings posted by the automaker in China. The job description says that candidates for overseas manufacturing park planning specialists are required to have experience managing two or more complete master plan projects, at least one of which should be in the U.S.

Eric Walz2022-05-27 13:30 PT

Tesla Rival NIO Inc is Hiring Manufacturing Specialists for a U.S. EV Factory, Reports Say

Tesla Rival NIO Inc is Hiring Manufacturing Specialists for a U.S. EV Factory, Reports Say

Electric vehicle startup NIO Inc, which is emerging as one of Tesla’s biggest rivals in China, is reportedly looking to build a EV factory in the U.S., a local news outlet reported on Friday, citing new job listings posted by the automaker in China. The job description says that candidates for overseas manufacturing park planning specialists are required to have experience managing two or more complete master plan projects, at least one of which should be in the U.S.

Eric Walz2022-05-27 13:30 PT

LiDAR developer Luminar Technologies Hires Ex Apple, Tesla and Nvidia Execs as it Prepares for Growth

LiDAR developer Luminar Technologies Hires Ex Apple, Tesla and Nvidia Execs as it Prepares for Growth

Lidar developer Luminar Technologies Inc (NASDAQ: LAZR) recently added ex Apple, Tesla and Nvidia engineers to round out its leadership team as its looks to expand in the auto industry. Among the new hires are CJ Moore, who served for seven years as director of Tesla’s Autopilot software.

FutureCar Staff 2022-05-26 13:50 PT

Tesla Challenger NIO Inc. Delivers its 200,000 Electric Vehicle, a Significant Milestone

Tesla Challenger NIO Inc. Delivers its 200,000 Electric Vehicle, a Significant Milestone

U.S.-listed electric vehicle startup NIO Inc is emerging as one of China’s promising new electric vehicle startups. The company has reached deliveries of 200,000 electric vehicles. Reaching deliveries of 200,000 vehicles is a significant milestone for NIO after launching its first mass-market vehicle, the ES8 SUV, in 2018.

Eric Walz2022-05-16 16:15 PT

Specs and Photos of NIO’s New ES7 Electric SUV Revealed in a Regulatory Filing in China Ahead of its Launch

Specs and Photos of NIO’s New ES7 Electric SUV Revealed in a Regulatory Filing in China Ahead of its Launch

Electric vehicle startup NIO Inc is planning to launch its latest model soon named the ES7, which is a fully-electric SUV that will compete with Tesla’s Model Y and BMW’s X5L SUV that’s sold in China. Although NIO has yet to reveal the full specs of its latest electric vehicle, the details were recently leaked in a regulatory filing in China ahead of its pending launch.

FutureCar Staff 2022-05-13 15:30 PT

Elon Musk’s Deal to Buy Twitter for $44B is Put ‘On Hold’ as Tesla Loses $400B in Market Cap Since the Plans Were First Made Public

Elon Musk’s Deal to Buy Twitter for $44B is Put ‘On Hold’ as Tesla Loses $400B in Market Cap Since the Plans Were First Made Public

Tesla Chief Executive Elon Musk is apparently getting cold feet after agreeing to purchase social media platform Twitter last month for $44 billion. On Friday, Musk tweeted that his $44 billion deal to purchase Twitter was “temporarily on hold”. He said he was waiting for data on the number of fake accounts on the platform, referring to a Reuters report from ten days ago that cited the fake account figures.

Eric Walz2022-05-13 07:30 PT

  Home Prev 1 2 3 4 5 ... 18 19 20 Next