The Latest from Jaclyn Trop
Who is going to buy Cadillac’s $300,000 hand-built EV?
The battery-electric Celestiq sedan, which starts “north of $300,000,” is tasked with more than restoring Cadillac to its former glory; it now must back executives’ bold claim to “reestabl
5 things you didn’t know about Cadillac’s $300,000 Celestiq EV
Cadillac confirmed Monday that its forthcoming flagship Celestiq sedan will launch late next year with all of the futuristic bells and whistles befitting a bespoke EV starting “north of $300,000.”
Li-Cycle opens battery recycling plant in Alabama
Li-Cycle, a Canadian lithium-ion battery recycler, has opened a battery recycling facility in Tuscaloosa, Alabama. The Toronto-based company, which also operates plants in Gilbert, Arizona and Rochest
Polestar steers toward the mass market with its first electric SUV
EV maker Polestar has unveiled the Polestar 3, its first SUV designed to help propel the startup to bona fide mass market automaker. Priced from $83,900, the 489-horsepower Polestar 3 will achieve an
Honda to create $700M EV hub in Ohio
Honda said on Tuesday it is spending $700 million to retool three of its Ohio plants to build electric vehicles as it aims to phase out gas engines by 2040. Batteries for the electric vehicles from Ho
Honda doesn’t want to wait until 2024 for its SUV customers to go electric
Honda unveiled Thursday the 2024 Honda Prologue, its first-ever battery-electric SUV that represents a crucial milepost along the automaker’s journey to deliver 30 new EVs by the end of the decade.
Halo Car’s teleoperated car-sharing service to roll out this year with no one behind the wheel
Halo Car, a Las Vegas-based startup that combines teleoperations and car sharing, said it will remove the human safety operator from behind the wheel later this year — the last hurdle before its com
Mobileye IPO warns of potential potholes in the road to autonomous driving
Ahead of its IPO, Mobileye notes it has benefited from its first-mover advantage but now faces a proliferating number of rivals worldwide.
Arrival produces long-awaited battery-electric commercial van
EV startup Arrival said Friday it has produced its first battery-electric van, a significant step toward its goal to deliver the vans to commercial customers at scale. The Arrival van is the first veh
GM partners with and invests in OneD Battery Sciences in quest for cheap, energy-dense EV batteries
General Motors and OneD Battery Sciences are teaming up on a joint research venture into building more efficient batteries for electric vehicles. The partnership will focus on using OneD’s silicon n
Porsche to IPO in landmark listing Thursday
Porsche plans to go public on Thursday at a $73 billion valuation, catapulting the company to become the world’s fourth-most valuable automaker and netting billions of dollars for parent company Vol
BMW’s most powerful SUV is a plug-in hybrid
BMW raised the curtain Tuesday on a high-performance plug-in hybrid SUV meant to lure buyers from the ultra-luxury segment’s Lamborghini Urus and Aston Martin DBX. The BMW XM full-size SUV is the fi
Faraday Future raises $100 million to help launch flagship FF 91
Faraday Future said it has secured up to $100 million in funding as the struggling EV startup tries to launch its long-delayed first model, the FF 91. The near-term funding agreements include up to $4
Volkswagen, Umicore venture shows the circular EV battery economy is heating up
Volkswagen is partnering with a Belgian technology group to produce battery materials in Europe, the latest in a spate of industrywide deals to create a circular battery economy that can meet producti
GM invests in Canadian battery recycler to fight supply shortage
General Motors is partnering with a Canadian battery recycler to produce new batteries from recovered battery materials, as it aims to scale EV production in North America amid supply shortages and ri
Volkswagen and Belgian utility giant partner on vehicle-to-grid energy storage
Volkswagen is partnering with a Belgian network operator to integrate electric vehicles into the power grid, as more EVs take to the road amid rising energy costs. Volkswagen’s charging unit Ell
The $5.6B epicenter of Ford’s EV effort is now under construction
Ford broke ground Friday at its $5.6 billion BlueOval City complex in Tennessee, the epicenter for its future electric vehicles and a key milestone toward its goal to sell 2 million EVs annually by la
Mullen to bid for bankrupt Electric Last Mile Solutions
Mullen Automotive is the leading bidder on bankrupt commercial EV maker Electric Last Mile Solutions, its second major deal this month as it strives to deliver its own electric vehicle. The California
Ford drivers could get alerts from nearby pedestrians’ phones
Ford is working on a mobile app designed to alert drivers to pedestrians and bicyclists nearby. The app, scheduled to debut at the Intelligent Transportation Society of America’s World Congress in
Tesla ramps up production as rivals launch new EVs
Tesla is ramping up production at its factories in Texas and Shanghai to head off an upcoming ambush of new EVs from legacy automakers. On Monday, the world’s largest EV maker completed a long-delay