Other Electric
2023 Polestar 2 Pricing for U.S. and Canada Announced
After Polestar unveiled design update and new features for the Polestar 2 last month, the automaker has officially shared pricing for the upcoming version of the vehicle. Polestar has revealed pricing and design updates for the 2023 Polestar 2, as detailed in a press release shared on Wednesday. The Polestar 2 long-range single-motor variant will […]
Fisker Teases Project Ronin: Electric GT Sports Car with Structural Battery Pack
Fisker on Wednesday morning announced its upcoming third vehicle, an electric GT sports car codenamed Project Ronin, while also sharing a teaser image, showing a front that hints at a cross between Tesla’s upcoming Roadster and a classic Chevy Corvette. Project Ronin is the third electric vehicle offering from Fisker, following the unveiling of the […]
Lucid Motors Shares Rare Look into its Design Studio [VIDEO]
Lucid Motors has shared a short video offering what it says is a rare look into its private Design Studio in Newark, California. The video features Senior Vice President of Design and Brand, Derek Jenkins, sharing the company’s vision with CEO Peter Rawlinson. The Design Studio is a building inside a building, with an open […]
Ford F-150 Lightning Gets Increased Horsepower, Payload Capacity Ahead of First Deliveries
Ford began production of its F-150 Lightning electric pickup trucks last week, and as the automaker prepares to deliver them, starting with the Pro model, it has apparently increased the truck’s available horsepower rating. The Ford F-150 Lightning Standard- and Extended-range battery packs will include more horsepower than the automaker originally targeted, according to a […]
Apple Recruits Ford Veteran of 31 Years for Electric Car Project
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 […]
Stellantis to Spend $2.79 Billion to Retool Canadian Plants for EV Production
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’s $5 Billion U.S. Plant in Georgia Approved: Here’s What It’ll Look Like
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 […]
Volkswagen Picks Qualcomm Chips for Self-Driving Car Tech: Report
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 […]
White House to Invest $3.1 Billion to Boost U.S. EV Battery Output
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 […]
NIO, Li Auto, Xpeng See Sales Drop in April, Due to COVID-19 Lockdowns
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 Motors CEO Takes Home $263 Million Performance Bonus
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 […]
Amazon Takes $7.6 Billion Hit on its Rivian Investment in Q1
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 FIA Unveil Gen3: Fastest Electric Race Car Yet
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 Reports $3.1 Billion Loss in Q1, Due to Rivian Investment
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 […]
2022 GMC Hummer EV Sold for $260,420–More Than 2x the Sticker Price
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 […]