Electric vehicles
Startup backed by Tesla trader claims $300,000 traveling car by 2025: ‘This is not additional complicated than a Toyota Corolla’
The promise of a long term loaded with traveling vehicles is very little new. For many years, futurists have touted the desire of your car lifting off and soaring over a visitors jam. So the most interesting part of a current prototype announcement from Santa Clara, California-centered Alef Aeronautics may possibly not be the vehicle […]
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How electric air taxis could shake up the airline industry in the next decade
A VoloCity air taxi by Volocopter is pictured at Pontoise airfield in Cormeilles-en-Vexin, near Paris, France, November 10, 2022. Benoit Tessier | Reuters A world with flying vehicles, like the 1960s sitcom The Jetsons, might be closer than you think. Companies across the U.S., including several startups, are developing electric air taxis that aim to […]
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GM, LG investing $275 million to expand Tennessee EV battery plant
General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan. Photo by Steve Fecht for General Motors General Motors and LG Energy Solution will spend an additional $275 million in their joint venture battery plant in Tennessee to increase production by more […]
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Toyota secures funding to develop hydrogen fuel cell version of its Hilux pickup in the UK
A Toyota logo displayed on a vehicle in Poland. The Japanese automotive giant started working on the development of fuel cell vehicles back in 1992. Artur Widak | Nurphoto | Getty Images LONDON — A consortium led by automotive giant Toyota will receive millions in funding to develop a hydrogen fuel cell pickup truck in […]
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EV maker Fisker faces liquidity questions after short seller claims its cash is “tied up”
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Electric vehicle startup Fisker is facing new liquidity questions after a short […]
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Tesla makes up 10% of the average retail portfolio as Main Street keeps faith in electric vehicle stock, Vanda Research says
Even though Tesla stock has slumped this year and Elon Musk has continued to chart a path as a non-traditional leader, individual investors are still hanging on to the electric vehicle maker’s stock. The average retail investor has about a 10% allocation to Tesla, according to a Nov. 30 note from Vanda Research. This year, […]
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Tesla’s main designer for the Cybertruck on functioning with Elon Musk and how his most loved style is one he can’t speak about nonetheless
Franz von Holzhausen has been Tesla‘s chief designer considering that 2008. CNBC acquired a exceptional interview with him at the Petersen Automotive Museum in Los Angeles, which lately opened a new Tesla show. Von Holzhausen was a lead designer on the Tesla Product S, Design 3, Product X and Design Y as very well as […]
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Tesla remembers 435,000 cars in China about rear light challenge and will problem computer software update
A Tesla store is viewed in Shanghai, China, Feb 1, 2022. Costfoto | Potential Publishing | Getty Pictures Tesla programs to remember a lot more than 435,000 cars and trucks in China and problem software updates to resolve a rear gentle issue, the Chinese sector regulator reported Thursday. A complete of 142,277 Model 3 sedans […]
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China EV maker XPeng pops 10% regardless of putting up wider than anticipated decline deliveries expected to fall
XPeng has been working with increasing substance charges, which forced the firm to hike the price of its automobiles previously this yr. Chen Yihang | Visible China Group | Getty Photographs Chinese electrical carmaker XPeng posted a wider than envisioned decline and its revenue fell quick of anticipations — thanks to rising opposition and a […]
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Shares of Lordstown Motors rise as company begins electric truck deliveries
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Electric truck startup Lordstown Motors said Tuesday that it started shipping its pickup truck to customers after receiving final regulatory approval to sell the vehicle in the […]
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