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Tesla Rival Lucid Motors Hosts an Official 'Ground-Building' Event for its New $1 Billion Arizona Factory

Tesla Rival Lucid Motors Hosts an Official 'Ground-Building' Event for its New $1 Billion Arizona Factory

​California-based electric vehicle startup Lucid Motors has officially broke ground on its new Arizona factory where it will build its flagship Lucid Air electric sedan. Unlike a traditional groundbreaking event to commemorate the start of construction, Lucid billed the event as a "ground-building" ceremony, as a testament to its commitment to the local region, the company said.

Eric Walz2019-12-02 13:30 PT

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

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

A Look at the Asian Companies Looking to Dominate the Global EV Battery Market

A Look at the Asian Companies Looking to Dominate the Global EV Battery Market

​Although electric vehicles make up just a small percentage of all cars on the road, global automakers are gearing up to build millions of EVs over the next decade and Asian battery suppliers are lining up to secure lucrative contracts with them.

FutureCar Staff 2019-11-29 14:30 PT

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

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

Didi Chuxing to Trial Luxury Ride-Hailing Service with Tesla & Mercedes Benz Vehicles

Didi Chuxing to Trial Luxury Ride-Hailing Service with Tesla & Mercedes Benz Vehicles

Didi Chuxing, often referred to as the “Uber of China” plans to launch a pilot ride-hailing service in Japan using luxury cars from Tesla and Mercedes Benz the company said.

Eric Walz2019-11-19 11:45 PT

Tesla Model 3 Becomes Most Efficient Electric Vehicle on Sale

Tesla Model 3 Becomes Most Efficient Electric Vehicle on Sale

Tesla’s latest sedan overtakes the Hyundai Ioniq Electric, as that EV received new electric motors and a new battery that saw its fuel economy go down.

Vineeth Joel Patel2019-11-17 10:00 PT

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

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

California EV Startup Lucid Motors Begins Construction on its Arizona Factory

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

GM Takes Heat for Backing the Trump’s Administration Plan to Revoke California’s Ability to Set its Own Emission Standards

GM Takes Heat for Backing the Trump’s Administration Plan to Revoke California’s Ability to Set its Own Emission Standards

The Trump administration is seeking to revoke California’s authority to set its own standards, citing increased costs to automakers who must comply with it. Automakers Ford Motor Co, Honda, Volkswagen and BMW have already sided with California, however General Motors in a surprise move has decided to side with the Trump administration’s proposal.

FutureCar Staff 2019-10-29 16:00 PT

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

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

Waymo is Offering Robotaxi Pickups in Arizona with No Safety Driver Behind the Wheel

Waymo is Offering Robotaxi Pickups in Arizona with No Safety Driver Behind the Wheel

After announcing earlier this month that its would remove some safety drivers from its vehicles, Waymo CEO John Krafcik confirmed the company is now offering limited “rider-only” trips in Phoenix, Arizona without a safety driver behind the wheel.

Eric Walz2019-10-28 11:45 PT

World's Largest EV Battery Producer CATL Expects up to 50% Growth This Year as Demand Soars

World's Largest EV Battery Producer CATL Expects up to 50% Growth This Year as Demand Soars

As demand for lithium-ion electric vehicle batteries increases, Chinese battery maker Contemporary Amperex Technology Limited (CATL), the world's largest automotive battery producer, announced that it expects its net profit for the first three quarters of 2019 to reach between $328 to $500 million.

Eric Walz2019-10-18 11:00 PT

Auto Supplier Bosch to Manufacture Silicon Carbide Chips That Can Extend the Range of EVs

Auto Supplier Bosch to Manufacture Silicon Carbide Chips That Can Extend the Range of EVs

German automotive supplier Robert Bosch is launching production of silicon carbide (SiC) automotive chips, a move that can make electric vehicles more efficient, thereby increasing range. Silicon carbide has benefits over traditional silicon chips, including better conductivity and cooling performance in high temperature environments.

Eric Walz2019-10-07 14:00 PT

Bollinger Motors Reveals its B1 & B2 Fully-Electric Utilitarian Trucks

Bollinger Motors Reveals its B1 & B2 Fully-Electric Utilitarian Trucks

​Electric truckmaker Bollinger Motors revealed its B1 and B2 electric trucks on Thursday. The Detroit-based EV startup is taking on General Motors, Ford and FCA in the popular truck segment which is no easy task, especially since the company’s trucks are fully-electric.

FutureCar Staff 2019-09-27 11:00 PT

NIO Stock Falls to Record Lows as its EV Sales Slow in China, Cutting 1,000 Jobs

NIO Stock Falls to Record Lows as its EV Sales Slow in China, Cutting 1,000 Jobs

Electric vehicle startup NIO Inc is realizing just how hard breaking into the EV market can be. Once viewed as a serious rival to Tesla in China, NIO’s stock fell to record lows on Tuesday after the electric automaker reported a significant drop in vehicle sales in its home market.

Eric Walz2019-09-24 11:30 PT

Volkswagen ID.4 Might Be $24,000 Less Than the Tesla Model Y

Volkswagen ID.4 Might Be $24,000 Less Than the Tesla Model Y

VW says it will offer the ID.4 and other electric models at affordable prices compared to Tesla.

Manish Kharinta2019-09-23 09:00 PT

Toyota is Using Tesla-style Panasonic Batteries for its China Hybrid Models

Toyota is Using Tesla-style Panasonic Batteries for its China Hybrid Models

Toyota Motor Corp has started using the same type of battery that Panasonic Corp designed for Tesla Inc in some of its plug-in hybrids sold in China, sources familiar with the matter said.

FutureCar Staff 2019-09-13 18:30 PT

Volkswagen Unveils its ID.3, the Electric Car That Will Take On Tesla

Volkswagen Unveils its ID.3, the Electric Car That Will Take On Tesla

On the evening before the International Motor Show (IAA) in Frankfurt yesterday, guests got the first detailed look at the new electric ID.3 hatchback, which represents a new era for the VW brand. The ID 3 is the first of many electric models VW plans to introduce and represents the automaker’s multi-billion dollar push to electrify its lineup.

FutureCar Staff 2019-09-10 19:00 PT

Elon Musk Says He’s Bringing a Model S to Nurburgring to Challenge the Porsche Taycan's Record Time

Elon Musk Says He’s Bringing a Model S to Nurburgring to Challenge the Porsche Taycan's Record Time

To coincide with the Taycan debut, Porsche boasted that a prototype version of the electric Taycan “conquered” the legendary Nürburgring-Nordschleife racetrack in Germany with a record time of 7 minutes and 42 seconds. Now Elon Musk says he's bringing a Tesla Model S to the world famous track to challenge the Taycan's lap time.

Eric Walz2019-09-06 16:55 PT

Porsche Officially Debuts its Electric Taycan, its Competitor to the Tesla Model S

Porsche Officially Debuts its Electric Taycan, its Competitor to the Tesla Model S

German automaker Porsche officially unveiled its fully-electric Taycan sedan, a car expected to become a serious rival to the Tesla Model S for those with the money to spare. The Porsche Taycan’s world premiere took place simultaneously in North America, China and Europe, three of the most important sales markets for the new electric sports car.

Eric Walz2019-09-04 13:00 PT

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