Chinese electric vehicle manufacturer BYD has no immediate plans to enter the US passenger car market, according to founder Wang Chuanfu. This decision dampens expectations of the company, which is backed by Warren Buffett, challenging Tesla on its home turf for the time being, reports Bloomberg. BYD reported Q4 profit of $1.06 billion (7.3 billion […]
Swedish electric vehicle manufacturer Polestar is gearing up for the launch of its first crossover in the truck-dominated US market with a $20 million marketing campaign set to kick off in the second quarter. Polestar is owned by Volvo, with the latter owned by Chinese conglomerate, Geely. According to Automotive News, this investment will surpass […]
Kia has unveiled the EV9 on Tuesday, its first three-row seat electric flagship SUV, with new design, technology, and sustainability features, offering options of six or seven seat configurations. Based on the Electric Global Modular Platform (E-GMP), the EV9 offers an all-electric WLTP target range of over 541 km and ultra-fast 800-volt charging, adding 239 […]
Luxury electric vehicle startup Lucid Motors plans to lay off hundreds of employees, affecting approximately 18% of the company, according to an internal memo and five anonymous sources reported by Business Insider. The announcement was made during an all-hands meeting by CEO Peter Rawlinson. With around 7,200 employees globally at the end of 2022, this […]
Japanese automaker Nissan has teased an electric concept is coming of its iconic R32 Skyline GT-R, which will be called the R32 EV. According to the company’s website, a translation of the teaser announcement reads, “The R32 Skyline GT-R is a legendary car that continues to captivate many fans even 34 years after its debut. […]
Vietnamese automaker, VinFast, has recently delivered the first set of its VF 9 crossover vehicles to customers in Vietnam and is gearing up to export the three-row electric vehicle to North America in the coming months. In April, the company plans to send a second shipment of its two-row VF 8 crossover to the United […]
According to a recent National Highway Traffic Safety Administration (NHTSA) recall notice, Lucid USA, Inc. has issued a recall for 637 of its 2022-2023 Lucid Air vehicles due to a potential issue with contactors. These electrically activated switches are responsible for transferring energy to and from the drive units during vehicle startup and shutdown. In […]
Volkswagen started notifying its customers in Canada that ID.4 prices are jumping up by $2,500 CAD, starting on March 31, 2023. The German automaker blamed the price increase due to higher production costs “we have been forced to take on.” A letter was shared by Clement King on the Canadian EV Owners Facebook group. Also […]
Ford Motor Co. has ambitious plans for its next electric F-Series pickup, with driver-assistance features so advanced that drivers might even be able to take a nap while traveling at 60 miles per hour. In Friday’s interview with Bloomberg Television, Ford CEO Jim Farley suggested that drivers could potentially sleep or make calls as their […]
Lucid Motors announced on Thursday that Apple CarPlay is now standard on every Lucid Air sedan, along with Android Auto. Apple CarPlay® is standard on every #LucidAir. pic.twitter.com/Daw0zDlne4 — Lucid Motors (@LucidMotors) March 23, 2023 Apple CarPlay is an in-car infotainment system that allows iPhone users to access and use various apps and features from […]
NIO CFO Steven Feng said the automaker is “very confident” it will reach its target to double sales this year with 250,000 electric vehicles (EVs), according to a report from Bloomberg on Wednesday. Following the statement, NIO’s shares increased by as much as 8.6 percent in early trading hours in Hong Kong, marking a roughly […]
Ford is expecting to lose $3 billion pretax on its electric vehicle (EV) division this year, according to statements from the company made on Thursday (via Reuters). The projected loss was shared during a mid-morning briefing on Thursday, with investors and analysts looking at Ford’s financial results from a new way of reporting them. Despite […]
On Tuesday, the National Highway Traffic Safety Administration (NHTSA) shared several documents that shed more light on Ford’s recent F-150 Lightning battery fire issue, as InsideEVs reports. Namely, the documents detail how the fire happened after Ford was forced to issue a recall for 18 of the 2023 model year electric pickup units. The specifics […]
NIO is set to open its first “NIO House” showroom in the Netherlands on March 23, according to a recent statement from the company’s general manager on its mobile app (via CnEVPost). The NIO House will be located in Rotterdam, the Netherlands’ second-largest city and a crucial port connection between several major regions of the […]
The Boring Company recently filed a proposal with the city of Las Vegas that could double the size of the company’s underground tunnels, as detailed in a report from TechCrunch. Included in The Boring Company’s submission are expansions that would bring the Las Vegas loop to 65 miles of underground tunnels, with a total of […]
