The California electric automaker Lucid Motors announced that it has achieved a new benchmark in aerodynamic efficiency for its upcoming electric sedan. The Lucid Air underwent testing at North Carolina’s Windshear automotive wind tunnel and achieved a verified a coefficient of drag (Cd) of just 0.21, making the Air the world's most aero-efficient luxury cars.
FutureCar Staff 2020-06-30 10:00 PT
At a livestream event today in Ohio, electric vehicle startup Lordstown Motors officially revealed its first vehicle, the fully-electric Endurance pickup truck. The Endurance is targeting a commercial market segment currently dominated by the popular Ford F-Series pickups and trucks from General Motors and its truck division GMC.
Eric Walz2020-06-25 12:00 PT
Chinese battery maker Contemporary Amperex Technology Limited (CATL), says it's ready to build an EV battery with an expected lifespan of 1.2 million miles or 16 years before its needs replacement, Bloomberg reported this week. In an interview at the company’s headquarters in Ningde, southeastern China, CATL Chairman Zeng Yuqun says that the company is ready to build it.
FutureCar Staff 2020-06-12 15:10 PT
U.S. automaker General Motors is developing a fully-electric van aimed at business users, including shipping companies. The van will be built at the automaker’s Detroit-Hamtramck plant in Michigan. GM does “don’t want to leave the door open for Tesla” as they did in consumer passenger cars, sources say.
Eric Walz2020-06-04 09:45 PT
Electric performance car brand Polestar its expanding its retail presence in China as the company looks to compete with U.S. electric automaker Tesla in the world’s biggest auto market. Polestar plans to open around 20 “Polestar Spaces” where prospective owners can check out the company’s electric vehicles up close and in a zero pressure environment.
FutureCar Staff 2020-06-02 15:25 PT
Electric vehicle startup NIO, one of China’s most promising new EV startups, received a 7 billion yuan (US$1 billion) strategic investment that will help the company to continue its operations. NIO is considered by many as the "Tesla of China." However the company was running dangerously low on cash as China's automakers deal with fallout of the coronavirus pandemic, declining new car sales and the loss of generous government subsidies to build electric vehicles.
Eric Walz2020-04-29 11:05 PT
Silicon Valley-based autonomous vehicle developer Zoox, a company developing bi-directional self-driving shuttles for a planned commercial robotaxi service, has agreed to settle a lawsuit filed by electric carmaker Tesla. Tesla filed its suit in March of last year accusing four Zoox employees of taking proprietary documents.
Eric Walz2020-04-15 13:25 PT
Volvo's electric vehicle brand Polestar shared new details this week about the Precept electric sedan, a car that might rival the likes of the Tesla Model S, Porsche Taycan and BMW i4 electric sedan. The Precept signifies an important milestone for Polestar as a standalone electric brand.
Eric Walz2020-04-08 14:00 PT
In the midst of the coronavirus shutdown of the auto industry, Electric vehicle startup Rivian shared a video of the construction progress at its factory in Normal, Illinois. The new factory is where Rivian will build its electric pickup truck and SUV.
Eric Walz2020-04-01 14:15 PT
While the United States along with the rest of the world battles the coronavirus pandemic, which has already resulted in over 3,000 deaths in the U.S. and the virtual shutdown of the economy, President Trump is moving forward with plans to roll back fuel economy standards for passenger vehicles.
Eric Walz2020-03-31 13:15 PT
U.S. automakers Ford Motor Co and General Motors plan to collectively build 325,000 electric vehicles per year by 2026, according to their executives and suppliers familiar with the plans. Although its an ambitious goal for the two legacy carmakers, the number of new EVs may not be nearly enough to gain any ground on segment leader Tesla.
FutureCar Staff 2020-03-26 15:15 PT
Chinese electric vehicle startup Xpeng Motors announced today that it was granted permission from the National Highway Traffic Safety Administration (NHTSA) to test its new P7 fully-electric sedan on public roads in the U.S.
Eric Walz2020-03-17 10:50 PT
Chinese electric automaker NIO announced a new partnership with electronics company and wearable device maker Xiaomi on a NIO smartwatch app. NIO will be one of the few automakers to offer a smartwatch app for a production vehicle.
Eric Walz2020-03-16 11:00 PT
Electric truck startup Bollinger Motors is among the new crop of startups developing battery-powered trucks for the consumer and commercial markets. The Ferndale, Michigan-based company unveiled today its latest electric truck platform it calls “E-Chassis.” The patent-pending E-Chassis is the world’s first and only Class 3 electric truck platform.
Eric Walz2020-03-12 10:50 PT
Since the Ford Mach-E’s global debut in November, the automaker said that it received reservations from customers in all 50 states, indicating that there is much interest in Ford’s new Mustang-inspired EV throughout the U.S.
Eric Walz2020-03-10 10:50 PT
German automaker BMW has decided not to sell the electric iX3 model in the U.S. The electric SUV was supposed to reach U.S. dealer showrooms sometime this year.
FutureCar Staff 2020-03-09 15:55 PT
Chinese electric vehicle startup NIO announced it will issue and sell convertible notes in an aggregate principal amount of US$235 million to several unaffiliated Asia-based investment funds through private placements. Earlier this year, the automaker warned that it would need additional capital to make its through 2020.
Eric Walz2020-03-06 14:15 PT
California electric luxury car startup Lucid Motors continues its plans to take on Tesla with its high tech and luxurious Lucid Air sedan. The company is preparing its retail sales and service network, which will consist of “Lucid Studio” showrooms where customers can experience the Air sedan in virtual reality and have questions answered by Lucid product experts.
FutureCar Staff 2020-03-05 11:00 PT
U.S. automaker General Motors announced today it’s making a $20 billion investment by 2025 in electrification, including new EV architecture, new models and battery cell development. The announcement was part of the automaker’s “EV Day”, an event where GM shared its strategy to grow its electric vehicle sales and transition towards an electric future.
Eric Walz2020-03-04 12:00 PT
Porsche has purchased a stake in Silicon Valley-based audio processing company DSP Concepts, Inc. The company specializes in developing software for audio signal processing and audio algorithms that lets automakers digitally enhance the sound of their vehicles.
Eric Walz2020-02-28 13:00 PT
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