Other Electric
Porsche Celebrates 100,000th Taycan EVs Produced
Porsche surpassed 100,000 Taycan electric vehicles (EVs) produced since it launched in 2019, as detailed in a press release shared by the automaker on Wednesday. The 100,000th vehicle produced was a Neptune Blue Taycan Turbo S assembled at Porsche’s main Zuffenhausen, Germany plant, and it’s destined for delivery to a customer in the United Kingdom. […]
Volvo Unveils EX90 Electric SUV with 300 Miles of Range
Volvo has unveiled on Wednesday what it calls its flagship SUV, the seven-seater, fully-electric EX90 with NVIDIA Drive, Luminar lidar support, a Qualcomm Snapdragon chip and more. The Volvo EX90 offers up to 600 kilometers (372.8 miles) per charge with its dual-motor, all-wheel-drive version, as validated by the Worldwide Harmonised Light Vehicle Test Procedure (WLTP). […]
Audi Unveils Q8 e-tron with Increased Range and Efficiency
Audi has unveiled the Q8 e-tron electric vehicle (EV) with range options of up to 600 kilometers (372.8 miles) with its Sportback trim, as detailed in a press release shared on Wednesday. The Q8 e-tron also offers as many as 582 km (361.6 miles) in the SUV edition, with both ranges verified according to the […]
Lucid Motors Q3 2022: $530 Million Loss, Gravity SUV Reservations in ‘Early 2023’
Lucid Motors announced its Q3 earnings on Tuesday, noting it saw $195.5 million in revenue but suffered a net loss of $530 million. As for quarterly production, Lucid said it made a record 2,282 cars, a number that’s three times the previous quarter. The company delivered 1,398 cars in Q3. Lucid said it’s still on […]
Renault and Google Fast-Track Production of the ‘Software Defined Vehicle’
Renault is partnering with Alphabet-owned Google on what it calls a “software-defined vehicle,” making Google the preferred cloud supplier for the automaker, as detailed in a press release shared on Tuesday. The partnership extends a collaborative effort established between the two companies in 2018 to help develop a combination of digital software services for the […]
Tesla Earns 8x More Profit Per Car than Toyota, Says Report
Tesla’s per-car earnings generated eight times as much profit as Toyota in an analysis of July through September sales, according to a report from Nikkei. The news of the profit difference comes even though Toyota outsold Tesla by over seven to one, and it marks the first time the U.S. automaker has overtaken the Japanese […]
Foxconn Investing $170 Million into Lordstown Motors
The world’s largest electronics contract manufacturer, Foxconn, has announced another huge capital investment into Lordstown Motors as it prepares to build electric vehicles (EVs) in Ohio. Foxconn is set to invest $170 million into Lordstown Motors, purchasing a combination of common stock and new preferred shares, according to a joint statement from the two companies […]
Lucid Motors Launch Event Set for Nov. 15, Gravity SUV Might Debut
Lucid Motors is set to hold a launch event on November 15, according to a teaser shared on Twitter on Thursday. “There’s something in the Air — and beyond. Join us for a global Lucid Launch Event where we’ll unveil the full #LucidAir family to the world, and provide a peek at our next force […]
Polestar Secures $1.6 Billion in Funding from Main Shareholders
Polestar has secured $1.6 billion in financing from its major shareholders Volvo Car and PSD investment, as reported by Reuters on Thursday. The company said the funding will help the company sustain itself through volatile markets, with $800 million loans coming from both Volvo and PSD investment. Volvo, which co-founded the Swedish electric vehicle (EV) […]
BMW Asks Suppliers to Shift to EV Parts; Direct Car Sales to Customers are Coming
BMW is asking its existing supplier network to make parts for its upcoming electric vehicles (EVs) factory in Spartanburg County, South Carolina, and the project is being led by twenty-year veteran Joachim Post, as Automotive News reports. Post is the company’s head of procurement and supply chain, and he’s been tasked with ensuring 30 million […]
Dodge Charger Daytona SRT Electric Concept Revealed
Stellantis unveiled the Dodge Charger Daytona SRT Concept at the 2022 Specialty Equipment Market Association (SEMA) show in Las Vegas, Nevada, taking place on Tuesday until November 4, according to a press release. The electric vehicle (EV) is expected to help Dodge kick off its path to electrification, and it includes three powertrain output levels […]
NIO, Xpeng, Li Auto Sales Drop Due to COVID-19 Control Efforts in China
NIO, Xpeng Motors and Li Auto all saw their deliveries drop amidst COVID-19 prevention procedures in China, according to a report from the South China Morning Post. In addition to virus control measures straining supply chains and overall manufacturing, recent price cuts across the Tesla lineup also seemed to contribute to low sales for the […]
Comma AI’s George Hotz ‘Taking Time Away’ from the Self-Driving Company
Comma AI President George Hotz said he plans to take time away from the company, and seems to be stepping away to a different venture, as seen in a letter posted on Github over the weekend (via @Chuck Cook). In the letter, Hotz said he hopes to move away from the open-source, automated driving project […]
Mazda Plans to Tweak EV Strategy Along with New ‘Brand Purpose’
Mazda is looking to unveil a new midterm plan for its electric vehicle (EV) strategy in November as it shifts to a “brand purpose” through 2030, according to a report from Automotive News. The Hiroshima-based automaker is set to announce its Q2 earnings on November 10, after missing plans to shift to an EV strategy […]
VinFast and CATL to Partner for Electric ‘Skateboard’ Chassis Products
Contemporary Amperex Technology Co. Ltd (CATL) signed a Memorandum of Understanding (MOU) with VinFast Trading & Manufacturing Joint Stock Company to cooperate on expanding collaboration on intelligent electric chassis products, as announced on Monday. The CATL Integrated Intelligent Chassis (CIIC) is a group of skateboard chassis designs integrating battery cells, electric motors and other electronics […]