Apple has recruited Desi Ujkashevic, a former Ford Director of Auto Safety Engineering, for its self-driving vehicle project, according to sources familiar with the matter and as reported by Bloomberg. Ujkashevic worked at Ford since 1991 prior to the switch, and before working as a director for safety engineering, she oversaw interior, exterior, chassis and […]
Just a few months after Stellantis and LG Energy announced plans to build an electric vehicle (EV) battery factory in Ontario, the automaker has doubled down on plans to establish production in the province. Stellantis announced plans to invest $3.6 billion CAD ($2.79 billion USD) into its Brampton and Windsor, Ontario plants to outfit them […]
Rivian announced on Monday its second U.S. plant has been approved by the State of Georgia. The electric automaker’s Georgia plant was approved and signed by all parties, which includes the Economic Development Agreement (EDA) between the Joint Development Authority (JDA) of Jasper, Morgan, Newton, and Walton counties, the State of Georgia and Rivian. “The […]
As the automated driving race begins heating up, many automakers are teaming up with other companies for the supply of automated driving chips. Volkswagen plans to use Qualcomm chips to power its automated driving systems, according to Automotive News Europe. The chips will be used across Volkswagen’s brands as soon as 2026, according to a […]
The U.S. government says it will invest over $3 billion USD to boost domestic electric vehicle battery output and for energy storage. The announcement was made on Monday to reporters in a briefing, according to Bloomberg. Dave Howell, principal deputy director in the Energy Department’s Office of Manufacturing and Energy Supply Chains, says roughly $3.16 […]
Chinese electric vehicle (EV) maker NIO on Sunday announced delivery numbers for the month of April, along with rivals Li Auto and Xpeng. NIO delivered a total of 5,074 EVs in April 2022, bringing the automaker’s year-to-date total for deliveries in 2022 up to 30,842 — a year-over-year increase of 13.5%. NIO delivered 25,768 cars […]
Lucid Group CEO Peter Rawlinson bagged a whopping $263 million USD worth of performance-based stock awards last year as a result of a brief summit in the company’s share price — reports Automotive News. In March 2021, Lucid’s board of directors awarded Rawlinson approximately 13.8 million time-based stock units that vest over four years from […]
After Ford announced a $3.1 billion loss on its 12% stake in electric vehicle automaker Rivian yesterday, Amazon has similarly announced a loss from the recent downfall of the carmaker’s stock price. During Amazon’s Q1 earnings on Thursday, the online retailer announced it took a $7.6 billion loss as a result of its $1.3 billion […]
Formula E and the Fedration Internationale de l’Automobile (FIA) on Thursday unveiled the Gen3 — an all-electric high-performance sports car set to debut in Season 9 of the ABB FIA Formula E World Championship next year. The Gen3 is touted as the fastest Formula E car ever, with a top speed of over 200 mph […]
Ford, an early backer of Rivian, posted a $3.1 billion loss, due to the EV startup’s shares sliding since its November IPO, according to CNN. Ford invested around $500 million into Rivian, and while the EV automaker was technically one of the most valuable automakers even before reporting any sales, the startup’s stock has been […]
The first round of reviews for the GMC Hummer electric vehicle (EV) hit the web this month, with some of them even selling for as much as $250,000. Bidding wars over GMC’s Hummer EV saw two of the electric pickups selling for over $250,000 each, one of which sold for $260,420, according to electrek. The […]
Swedish electric vehicle (EV) maker Polestar on Wednesday announced several new features and design updates for the Polestar 2, along with advancements in sustainable sourcing of raw materials for the sedan. “We have revisited materials and processes that go into making Polestar 2, introducing updates that reduce the climate impact and increase material traceability of […]
Lucid Motors announced a deal with the Government of Saudi Arabia for the sale of 100,000 EVs, as detailed on Tuesday in a press release. The sale of the vehicles will take place over a ten-year period, with an initial commitment starting with the first 50,000 vehicles, then followed by the rest. Saudi Arabia’s government […]
Reservations for the Solterra EV from Subaru launched in February for just a $250 deposit, and this week the automaker has unveiled pricing for the electric SUV. Subaru shared pricing for the Solterra SUV, starting at $44,995 for the Premium trim before the $7,500 federal tax incentive and the $1,225 destination fee, according to the […]
Ford CEO Jim Farley took the stage on Tuesday at a launch event for the F-150 Lightning, the veteran automaker’s first-ever all-electric pickup truck. Farley also touched upon Ford’s future during the event, reiterating that the company plans to produce 2 million electric vehicles (EVs) per year by 2026 and eventually challenge Tesla for the […]
