Lucid partners with Bank of America to launch Lucid Financial Services
Lucid Group, which makes long-range, fast-charging luxury EVs, said on Tuesday it is joining with Bank of America to provide customer financing as one way to stand out in the…
Polestar’s first SUV, the Polestar 3 EV, arrives in Q3 2022
Polestar released teaser images Tuesday for its first battery-electric SUV, the Polestar 3, which will make its global debut in October. The teaser shows a sleek, four-passenger SUV with a…
Apple challenges Google for a larger slice of your dashboard
Apple said Monday that its next-generation CarPlay system will power the vehicle’s entire instrument cluster, the next move in its battle against Android Automotive OS, Google’s in-vehicle operation system, to…
Ford wants to restructure its dealership model to boost EV sales
Ford said that it wants to restructure its dealership model, including building an e-commerce platform where customers can shop for and buy EVs at non-negotiable prices in an effort to…
The most surprising part of Buick’s announcement isn’t that it will become an EV brand
Buick said Wednesday it will launch its first EV in 2024 and revealed a sleek concept car that will set the direction on its journey to becoming a fully electric…
Rimac raises more than $500M from Porsche, Softbank and Goldman Sachs
Rimac Group said Tuesday it has raised 500 million euro ($536 million), funds that will help the Croatian startup expand beyond its electric hypercar roots and grow into a global…
DeLorean reveals Alpha 5, a performance EV with Back to the Future vibes
DeLorean released fresh details and images of its Alpha 5 EV, a gull-winged electric vehicle that the company’s owners hope will resurrect the long defunct brand and possibly set the…
It’s been a bumpy road for the electric vehicle startups that rushed to go public over the past two years by merging with a publicly traded shell company. Now, the…
Rivian hires a new COO amid other leadership and organizational shifts
Rivian has hired a new chief operating officer to lead the restructuring and alignment of its operations, the automaker said Thursday. Frank Klein will join the company on June 1…
Luminar, the U.S. lidar company, is the latest to poach executives from Apple, Nvidia and Tesla in the continuing talent war in automated driving and autonomous vehicle technology. Christopher “CJ”…
Stellantis and Samsung SDI said on Tuesday they will team up to build a $2.5 billion lithium-ion battery plant in Indiana.
Judge rules that Tesla sexual harassment suit can proceed in court
A California county court judge ruled Monday that a sexual harassment suit against Tesla can proceed in court, rejecting the automaker’s request for closed-door arbitration, according to Bloomberg. That means…
Chrysler’s first EV draws inspiration from the Pacifica minivan
Based on the Chrysler Airflow crossover concept, this inaugural EV is tasked with setting the design direction for parent company Stellantis’ $35 billion investment in bringing more EVs to market.
Hyundai plans to spend $10B on EVs, AVs and robotics in the US by 2025
Hyundai said it plans to invest more than $10 billion toward accelerating electrification and autonomous vehicle technology in the U.S. by 2025. Part of that pot includes the $5.5 billion…
Hyundai is the latest automaker to announce plans to open an EV factory in Georgia, the same state where Rivian is preparing to break ground on its controversial plant. Hyundai’s…
Zoox shared a close-up of its commercial electric robotaxi at the TechCrunch Mobility 2022 conference in San Mateo, California, on Wednesday. The Amazon subsidiary’s four-passenger, fully autonomous vehicle features a cubelike…
Foxconn to build Fisker PEAR EV at former Lordstown Motors plant in Ohio
Fisker and Foxconn said Thursday they will partner to build Fisker’s second all-electric model, the PEAR Urban Lifestyle EV, in Ohio now that Foxconn has purchased the former Lordstown Motors…
Rivian shares pop even as Q1 losses widen amid EV production ramp up
Rivian saw its first-quarter losses widen nearly fourfold as the EV maker burned through cash battling supply chain constraints and production bottlenecks to bring its electric vehicles to market. Rivian,…
Rivian, the Irvine, California-based electric vehicle startup, has faced mounting production pressures since launching late last year in one of the largest IPOs in U.S. history. In March, the company…
Musk talks Tesla demand, EV startups and scooters in expansive interview
Elon Musk weighed in on Tesla, SpaceX and his multitude of other companies — including that social media business he’s trying to purchase — during a wide-reaching 80-minute interview Tuesday…
Lordstown reports $90 million loss and no progress on Foxconn deal
Lordstown Motors said in a filing with the SEC that it has not yet closed a $230 million deal with Foxconn ahead of a May 14 deadline that would allow…
All the tech that got our attention at F1 Miami Grand Prix
All eyes are on Miami this weekend as the international glitterati arrives for the city’s inaugural Formula One Grand Prix. The European racing event has attracted American fans in droves,…
Fisker Inc. revealed Wednesday a glimpse of the fully electric luxury GT sports car it plans to add as the third model to its fledgling lineup. The Project Ronin concept,…
Apple snags longtime Ford exec as the iPhone maker powers up EV car project
Apple has hired a longtime Ford executive to provide the iPhone maker with automotive expertise, signaling that its mysterious car project is still alive. Desi Ujkashevic, Ford’s global director of…
Chinese fuel cell maker eyeing SPAC deal for $1B US listing
The deal comes at a time when companies that took the SPAC route are facing increasing regulatory scrutiny in the U.S.
Dallas County is the latest to tap EVs for law enforcement, adding three Tesla Model 3s to its police fleet. Local, state and federal governments worldwide have begun adding battery-electric…
Ford’s onslaught of electric truck news this week seems calculated to lay claim to the profitable segment — and overshadow a new General Motors rival — ahead of its first-quarter…
EVs, AVs and pay packages: 3 takeaways from GM’s Q1 earnings
General Motors’ first-quarter earnings report and accompanying analyst call Tuesday highlighted the company’s grand ambitions for electric vehicles and autonomous vehicles — and the money it is willing to put…
Ford will build a second EV truck, CEO Jim Farley said Tuesday during the automaker’s splashy event to celebrate the production launch of the electric F-150 Lightning truck. The F-150…
GM set a goal to sell more than 1 million EVs in North America by the end of 2025, but materials shortages, supply chain issues, and the resulting slowdown in…