Other Electric
Toyota Announces $3.4 Billion Investment into EV Battery Production in U.S.
As Toyota unveils more plans for zero-emission cars in years to come, including the Toyota bZ4X unveiled earlier this year, the company is looking towards how it will bolster the production of zero-emission car batteries over the next decade. Toyota announced plans on Monday to invest $3.4 billion USD into localizing automotive battery production in […]
Lucid Air Dream Edition Gets Glowing Review: ‘Should Make Tesla Sweat’
Automotive publication Road & Track recently published its glowing review of the Lucid Air, highlighting “the best driving range and fastest charging system of any EV on the market”. The publication got hands-on with the Lucid Air Dream Edition, the first electric vehicle ever to receive an EPA range rating of 520 miles. “The Lucid […]
Volkswagen CEO Unveils Elon Musk as Surprise Guest to Inspire Executives
At a Volkswagen managers gathering in Alpbach, Austria, on Thursday, Tesla CEO Elon Musk addressed 200 of the German carmaker’s executives via video conference. During the event, Musk touched upon the secret sauce to his leadership of Tesla, his thoughts on VW as a competitor, and more, reports Reuters. Volkswagen CEO Herbert Diess later confirmed […]
Lucid Air Canadian Pricing: From $105,000; Vancouver Store Opens Oct. 16
Vancouver, B.C., Lucid Studio Lucid Group announced on Friday morning the confirmation of Canadian pricing for its Lucid Air electric sedan, starting from $105,000 CAD. It also marks the first time Lucid Group has confirmed pricing outside of the U.S. market, plus the upcoming opening of its first Studio outside the U.S. as well, coming […]
Honda Unveils Electric Cars for China First, Coming in ‘Next 5 Years’
After giving up on approaching an electric vehicle (EV) strategy of its own, Honda is seeking partners for EV manufacturing, and a new announcement shows the company has a more detailed electrification plan, set to begin as soon as 2022. On Wednesday at a virtual conference, Honda announced a new electrification strategy, including a five-step […]
NIO Reportedly Sends In-Car Advertisement to Owner Vehicles in China
A notification showed up for NIO drivers this morning that is believed to be an ad, in what some are calling a strange first for the electric vehicle (EV) industry. On Wednesday, NIO pushed what appears to be an advertisement out to customer service vehicles in China, according to a post on Weibo (via @TheKilowatts). […]
Volkswagen CEO Reportedly Warns of 30,000 Job Losses in Shift to Electric Vehicles
With plans to stop selling gas cars in Europe by 2035, Volkswagen is already working its way to transition to electric vehicles (EVs) – though the company’s head says the transition is not fast enough amidst growing competition. Volkswagen CEO Herbert Diess told a supervisory board in September that transitioning to EVs too slowly could […]
Electrify Canada Unveils HomeStation Residential EV Charger
Electrify Canada today announced a new business unit called Electrify Home, set to debut its Level 2 residential electric vehicle (EV) charger known as HomeStation, for $1,099 CAD. The HomeStation will have adjustable charging power levels up to 40 amps, delivering charging speeds up to 9.6kW, which is 6.8x faster than a Level 1 charger, […]
Lucid Motors Unveils ‘DreamDrive’ Advanced Driver Assistance System
After previewing its Arizona factory last month, Lucid Motors is preparing to make a break into driver assistance technology with the unveiling of a new feature to its cars. Lucid Motors has unveiled its advanced driver assistance system (ADAS) DreamDrive, and a comprehensive version of the software called DreamDrive Pro, according to a press release. […]
GM’s Chevy Bolt Recall to Be Paid for by LG Electronics
General Motors (GM) said on Tuesday it will be reimbursed for costs associated with recalling every Chevy Bolt ever made over fire risks – offsetting billions of dollars in losses. LG Electronics has agreed to reimburse GM for recall costs on the Chevy Bolt EV, according to a press release shared on Tuesday. The agreement […]
China’s Xpeng Motors Rolls 100,000th Car Off Production Line
Xpeng Motors, NIO and Li Auto all saw a delivery surge in September with NIO taking the top spot, though Xpeng has just surpassed an exciting milestone, not long after NIO reached the same one. @JayinShanghai pointed out that Xpeng Motors rolled its 100,000th vehicle off of the production line on Sunday, just months after […]
Apple Car Launch Could Dampen Tesla’s Stock, Says Analyst
Roth Capital Partners analyst Craig Irwin said that Tesla’s shares from retail investors “could move out quite violently” when other options like the Apple Car become available Yahoo Finance Live on Thursday. Irwin emphasized a number of topics relating to Tesla, like the Cybertruck, the company’s 2022 production plans, and also saying that Tesla’s move […]
NIO Shares Rise as Goldman Sachs Upgrades Chinese EV Maker
Chinese automaker NIO saw its stock jump on Thursday after dropping off since July, following an increased outlook from one Goldman Sachs analyst, according to The Street. Goldman Sachs analyst Fei Fang increased his rating on NIO to “buy” from “neutral,” keeping to a price target of $56 per share. Fang said, “We believe Nio’s […]
Chevy Silverado EV Truck Teased, Will Debut at CES 2022
An electric, 400-mile range Chevy Silverado was initially teased in April, and now the company has shared plans for the official release of the electric truck. Chevrolet has announced an electric Silverado variant, set to be unveiled at the Consumer Electronics Show (CES) 2022, according to a press release. The electric truck’s reveal will take […]
Fort Lauderdale Approves Planning of Elon Musk’s Boring Company Tunnels
Fort Lauderdale, Florida officially accepted a proposal from the Boring Company in July, and in more recent news, the city can now officially move forward on planning for the upcoming underground tunnel route. On Tuesday, Fort Lauderdale’s city council held its first vote regarding the proposal to allow Elon Musk’s Boring Company to build an […]