Posts filtered by tags: Electric-vehicles[x]


 

Electric F-150 Will Be Far Cheaper to Own Than Gas Model, Claims Ford

Ford has really been hyping the upcoming F-Series EV this week by assuring customers the new pickup will make the gas-powered one look like the unsightly substance you cough into the sink every morning. Not only with the electrified F-150 come with more power than your standard Ford truck, but it’ll also be cheaper to […] The post Electric F-150 Will Be Far Cheaper to Own Than Gas Model, Claims Ford appeared first on The Truth About Cars.
Tags: Ford, Electric Vehicles, Autos, Trucks, Ford Motor Co, Pickups, News Blog, Ford F-150, Electric F-Series, F-150 EV


'It's my fault': An early Nikola investor says the startup went public too soon as it grapples with accusations of fraud

Jeffrey Ubben, the founder of the activist investor firm Value Act, holds a five percent stake and a board seat of Nikola. REUTERS/Andrew Kelly A Nikola investor and board member is defending the startup against fraud accusations from a short-seller that have caused its stock to sink dramatically.  Jeffrey Ubben, who founded the investment firm Value Act, says the startup went public too quickly.  The real story, he told Bloomberg and the Financial Times, is in Nikola's plans for hydrogen ...
Tags: Transportation, Trends, General Motors, Bloomberg, Ford, Electric Vehicles, Trevor, Hydrogen, Financial Times, Ubben, Nikola, Jeffrey Ubben, Graham Rapier, Business News Desk, Value Act, Nikola REUTERS Andrew Kelly A Nikola


More Dealer Drama from Cadillac and the China Connection [Updated: Cadillac Responds]

Cadillac told U.S. and Chinese dealers they will each need to invest at least $200,000 on electric vehicle chargers and staff training to continue selling the brand’s products after 2022. The message was communicated to dealerships on Wednesday via video messages from Rory Harvey, the luxury brand’s vice president of sales, service and marketing. Cadillac […] The post More Dealer Drama from Cadillac and the China Connection [Updated: Cadillac Responds] appeared first on The Truth About Cars.
Tags: China, Sales, General Motors, Electric Vehicles, Autos, Sales And Marketing, EVs, Cadillac, News Blog, Dealer News, Chinese Market, North American market, Dealer Upgrades, Cadillac Responds, Rory Harvey


Nikola surges 15% from intraday lows as JPMorgan analyst defends company following CFO meeting

REUTERS/Massimo Pinca Nikola reversed from intraday lows and rallied as much as 15% on Wednesday after JPMorgan defended the company following a discussion with Nikola management."The overall message was reassuring: no loss of momentum with existing partners, prospective customers, suppliers and employees," JPMorgan analyst Paul Coster said in a note on Wednesday.Nikola has ping-ponged back and forth over the past week after a short-seller report helped deflate stock gains associated with ...
Tags: Finance, Trends, General Motors, Markets, Electric Vehicles, SEC, Stocks, Stock Market, EVs, Doj, Bosch, Jpmorgan, Brady, SPAC, Nikola, Hindenburg


Vanderhall Motor Works Teases Off-Road EV

Vanderwho? That’s Vanderhall to you, pal. Vanderhall Motor Works, to be precise. Once known for three-wheeled vehicles (think Polaris Slingshot), the company now has teased a four-wheeled and four-wheel-drive off-road vehicle called the Navarro. No, it’s not likely a reference to a member of the Red Hot Chili Peppers or a member of the Trump […] The post Vanderhall Motor Works Teases Off-Road EV appeared first on The Truth About Cars.
Tags: Electric Vehicles, Autos, Future Cars, Trump, Red Hot Chili Peppers, News Blog, Future Vehicles, Vanderhall Motor Works, Vanderhall, Vanderhall Navarro, Vanderwho


SEC to investigate short-seller’s claims against Nikola, report says

The U.S. Securities and Exchange Commission is reportedly looking into claims that Nikola Corp. is involved in an alleged “intricate fraud,” the latest development in a controversy that erupted last week just days after GM took an 11% stake in the newly public company. Bloomberg reported Monday that the U.S. agency was examining the company to assess the merits of accusations made by short-seller Hindenburg Research. The Bloomberg report, which was based on unnamed sources, sent Nikola shares...
Tags: Transportation, Tech, Bloomberg, Automotive, Electric Vehicles, Gm, SEC, General Motors Co, U.S. Securities and Exchange Commission, Nikola, Hindenburg, Nikola Motor, Nikola Corp, Hindenburg Research, Hindenburg Research The Bloomberg


Nikola Responds to Criticisms of Fraud

Following a scathing report from Hindenburg Research that called Nikola a fraudulent company largely dependent upon the blind excitement surrounding electric vehicles, the accused has finally issued a response. On Monday, Nikola released a bulleted letter suggesting the report was the act of an opportunistic short seller that was attempting to take advantage of the […] The post Nikola Responds to Criticisms of Fraud appeared first on The Truth About Cars.
Tags: Wall Street, Electric Vehicles, Investigations, Share Price, Autos, SEC, Stocks, Securities And Exchange Commission, Investors, Reports, Nikola, News Blog, Automotive startups, Studies & Reports, EV startups, Nikola One


GM to reveal, start taking reservations for Hummer EV on October 20

GM will reveal its GMC -branded electric Hummer on October 20, the same day that the company will also begin taking customer reservations for the new vehicle that it describes as a “super truck.” The Hummer EV debut, which was originally scheduled to occur May 20 and delayed due to COVID-19, is one of 20 electric vehicles GM intends to deliver by 2023. Not much is known about the Hummer EV, although the automaker has released a few specs, including that it will produce the equivalent of 1,000 ...
Tags: TC, Tech, Tesla, Automotive, Electric Vehicles, Gm, Michigan, Gmc, Hummer, Detroit Hamtramck Assembly, Cybertruck, Hummer EV, COVID


Nikola disputes fraud claims in carefully worded rebuttal

Nikola Corp., the hydrogen electric vehicle startup that went public this year through a merger with a special purpose acquisition company, released Monday a point-by-point rebuttal that attempts to disprove a report issued last week by short-seller Hindenburg Research that accused the company of fraud. In spite of the careful wording of the rebuttal, some of the company’s counterpoints raise more questions and even reveal problematic promotional tactics. Nikola’s lengthier denial follows a seri...
Tags: Transportation, Tech, Bloomberg, Automotive, Electric Vehicles, Gm, SEC, Milton, General Motors Co, Kirkland Ellis LLP, Nikola, Hindenburg, Trevor Milton, Nikola Motor, Nikola One, Nikola Corp


Nikola publishes detailed rebuttal to short-seller's claims of deception — and admits it staged a promo video by rolling a truck down a hill

CEO of Italian-American CNH Industrial Hubertus Muhlhauser and Nikola founder Trevor Milton attends a news conference held to presents the company's new full-electric and hydrogen fuel-cell battery trucks in partnership at an event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca Nikola on Monday released its promised rebuttal to claims from a short-seller that the company lied and decieved investors.  The company admitted its Nikola One prototype was largely inoperable, and th...
Tags: Transportation, News, Trends, General Motors, Electric Vehicles, CNH, Jpmorgan, Company, Bloomberg News, Milton, Turin Italy, Nikola, Hindenburg, Tech Insider, Trevor Milton, Ulm Germany


Elon Musk blasted fellow billionaire Bill Gates, saying he's clueless about electric trucks

AP/Jae C. Hong/Yana Paskova/Getty/Business Insider composite Tesla CEO Elon Musk blasted Bill Gates, saying "he has no clue" about the viability of electric trucks. Musk was responding to a Twitter user who asked how he felt about Gates' declaration that electric vehicles weren't practical for long-haul journeys. Gates wrote in the August post: "Electricity works when you need to cover short distances, but we need a different solution for heavy, long-haul vehicles." Tesla unveiled its Sem...
Tags: Elon Musk, Microsoft, Trends, Tesla, Electric Vehicles, Bill Gates, Gates, Musk, Bollinger, Tech Insider, Tesla Semi, Shona Ghosh, Electric Vehicle Batteries, Cybertruck, UK Weekend, AP Jae C Hong Yana Paskova Getty Business Insider


Link About It: This Week’s Picks

Volcanic eruptions, futuristic vehicles and open education in our look around the web Slow Factory’s Open Education Fall Calendar Founded in 2012 by Céline Semaan, Slow Factory continues its quest to increase “sustainability literacy” in fashion and all that it entails. Once such endeavor is through free, open education—and they have just announced their upcoming class calendar. With courses including Cultural Appropriation and North Indigenous …
Tags: Drinks, Design, News, Education, Cars, Sustainability, Cannabis, Electric Vehicles, Transport, Online Courses, Survival, EVs, Electric Cars, Online Learning, Linkaboutit, Link About It


Volkswagen Drops Another ID.4 Teaser Ahead of Reveal

Electric vehicles are sometimes looked upon as being unable to do what internal-combustion engine vehicles can do. That’s mostly because until recently, ranges haven’t been on pair with ICE engines. But don’t conflate shorter ranges with lack of ability. Take the Volkswagen ID.4, for example. Set to be revealed later this month – on September […] The post Volkswagen Drops Another ID.4 Teaser Ahead of Reveal appeared first on The Truth About Cars.
Tags: Electric Vehicles, Autos, Volkswagen, EVs, New Cars, Future Cars, News Blog, Towing, Battery Electric Vehicles, Volkswagen ID.4


Scathing Report Accuses Nikola of Fraud

While we’ve suspected that electric vehicle startups and green tech, in general, is probably a little overvalued, we’ve never accused anyone of outright fraud. Burgeoning automakers have a tendency to over promise and under deliver. Throughout history, this has occasionally gotten them into serious trouble. But it’s also how the game is played, especially when […] The post Scathing Report Accuses Nikola of Fraud appeared first on The Truth About Cars.
Tags: Wall Street, Electric Vehicles, Investigations, Share Price, Autos, Stocks, Investors, Reports, Nikola, News Blog, Automotive startups, Studies & Reports, EV startups, Nikola TRE, Nikola One


Mercedes-Benz EQS Spied, Foreshadows M-B’s EV Future

Mercedes-Benz is working to deliver on its promise of having 10 or more EVs on the market by 2022, as evidenced by spy shots of the EQS unearthed via Motor Authority. The EQS will be a large sedan, poised to sell alongside the flagship S-Class. Production could start this year, putting it on the market […] The post Mercedes-Benz EQS Spied, Foreshadows M-B’s EV Future appeared first on The Truth About Cars.
Tags: Electric Vehicles, Autos, Mercedes Benz, EVs, Electric Cars, Future Cars, Motor Authority, News Blog, Mercedes-benz Eqs


This $4,000 e-bike can travel more than 100 miles per charge, showing up the competition — see the HyperScrambler 2

Juiced HyperScrambler 2. Juiced Bikes Juiced Bikes just dropped a new electric bike that should put even the most range-conscious riders at ease.  Thanks to its two battery packs, the company's new HyperScrambler 2 offers more than 100 miles of range between charges, the company claims. The dual-battery HyperScrambler 2 will retail for $3,999, and will be available to preorder at a discount later this month.  Visit Business Insider's homepage for more stories. In the world of electric tran...
Tags: Transportation, Trends, Features, Electric Vehicles, Electric Bikes, Rad Power Bikes, Tim Levin, BITranspo


A short-seller said Nikola's electric truck business is an 'intricate fraud' and accused its founder of 'numerous lies'

Nikola's Badger pickup truck. Nikola Hindenburg Research, a short-seller, published a lenghty report accusing the electric truck maker Nikola of fraud. The firm published what it claims are text messages, contracts, and other "extensive evidence" showing years of "deception" by founder Trevor Milton.  Nikola has denied all of the claims in Hindernburg Research's report.  General Motors, which recently inked a $2 billion deal with Nikola, said it stands by the company.  Nikola's stock p...
Tags: Transportation, News, Trends, General Motors, Electric Vehicles, Bloomberg News, Milton, Nikola, The Financial Times, Hindenburg, Tech Insider, Trevor Milton, Graham Rapier, Andrew Left of Citron Research, NKLA, Hindenburg Research


Frunk Yeah: Lucid Air Debuts, Starts at $80,000

Minus an unpleasant amount of virtue signaling, the Lucid Air debut was pretty good. But this is technically a commercial so what else could we have possibly expected? Lucid is an electric vehicle brand so it’s required by law to succumb to the growing list of EV clichés. Building this car the way Lucid does […] The post Frunk Yeah: Lucid Air Debuts, Starts at $80,000 appeared first on The Truth About Cars.
Tags: Production, Electric Vehicles, Autos, Air, EVs, Lucid, News Blog, Lucid Motors, Lucid Air, Lucid Air Debuts Starts


Lucid Motors’ second vehicle is an electric SUV, the Gravity

Lucid Motors provided Wednesday a peek of the next vehicle in its all-electric lineup — an SUV called the Lucid Gravity. The Lucid Gravity follows the Air, a luxury all-electric sedan that was revealed Wednesday in a live streamed event. The Gravity, which will have the same underlying vehicle platform as the Air, is already well into the design process. The company has a working prototype, which was spotted this summer out in the wild. Lucid Motors CEO and CTO Peter Rawlinson later confirmed...
Tags: Tech, Tesla, Automotive, Electric Vehicles, Air, Cto, Lucid, Jenkins, Rawlinson, Lucid Motors, Peter Rawlinson, Derek Jenkins, Lucid Gravity


Lucid Motors’ second act will be an all-electric SUV called Gravity

Lucid Motors provided Wednesday a peek of the next vehicle in its all-electric lineup — an SUV called the Lucid Gravity. The Lucid Gravity follows the Air, a luxury all-electric sedan that was revealed Wednesday in a live streamed event. The Gravity, which will have the same underlying vehicle platform as the Air, is already well into the design process. The company has a working prototype, which was spotted this summer out in the wild. Lucid Motors CEO and CTO Peter Rawlinson later confirmed...
Tags: Tech, Tesla, Automotive, Electric Vehicles, Air, Cto, Lucid, Jenkins, Rawlinson, Lucid Motors, Peter Rawlinson, Derek Jenkins, Lucid Gravity


Volkswagen's chairman says Tesla Model Y is a 'reference' as it builds competing electric cars

Herbert Diess, CEO of German carmaker Volkswagen addresses the media during the annual news conference at the Volkswagen plant in Wolfsburg Reuters Tesla's Model Y is a reference point for Volkswagen as it hopes to compete with its own electric vehicles, according to a VW exec. The comments from VW's chariman come after a high-profile meeting between himself and Elon Musk in Germany. The duo also test-drove each other's vehicles. Visit Business Insider's homepage for more stories.  Volkswa...
Tags: Transportation, Elon Musk, Germany, Berlin, Trends, Tesla, Vw, Electric Vehicles, Volkswagen, Wolfsburg, Reuters, Herbert Diess, Model Y, Tech Insider, Reuters Tesla, Graham Rapier


Nikola's electric pickup truck with a longer range than Tesla's Cybertruck, will be built by GM — take a closer look at the Badger

Nikola Badger Electric Pickup Truck. Nikola Nikola Corporation has unveiled the Badger, the automaker's first electric pickup truck. The Badger has a maximum range of 600 miles by using both a hydrogen fuel cell and battery power sources. Reservations for the Badger opened on June 29, according to a tweet from Nikola Motors CEO Trevor Milton. On September 8, Nikola and General Motors announced a "strategic partnership" that grants GM an 11% stake in Nikola — worth $2 million — and a role i...
Tags: Transportation, Trends, General Motors, Tesla, Electric Vehicles, Gm, North America, EVs, Milton, Mark Russell, Bev, Badger, Nikola, FCEV, Tech Insider, Trevor Milton


Hear from the CEO of Porsche Cars North America on electrifying the sports car

Few electric cars made a bigger splash than the new Porsche Taycan. As president and CEO of Porsche Cars North America, Klaus Zellmer has the tall order of bringing the electric sedan to America and selling it against Tesla on Tesla’s home turf. He also oversees Porsche’s digital assets in the U.S. market, namely the customer portal My Porsche and a digital sales platform — a critical test in the era of COVID-19. We invited Zellmer to speak at TechCrunch Sessions: Mobility due to his uniqu...
Tags: TC, Cars, America, Events, Tech, Atlanta, Tesla, Automotive, United States, Porsche, Electric Vehicles, Silicon Valley, Porsche Cars North America, Darrell Etherington, Klaus Zellmer, Zellmer


Nikola's founder Trevor Milton is now an official member of Forbes' 400 billionaires list with a net worth of more than $5 billion

Massimo Pinca/Reuters Trevor Milton, founder of the electric-truck maker Nikola, has landed on the Forbes 400 list for the first time.  His wealth is largely tied to the company's stock price, which has soared following deals with General Motors, Anheuser Busch, and more.  He's spent some of that money on a lavish Utah ranch and donated millions of shares to early employees.  Visit Business Insider's homepage for more stories.  Trevor Milton, founder of electric-truck maker Nikola Motors,...
Tags: Transportation, Utah, News, Trends, General Motors, Electric Vehicles, Forbes, Anheuser Busch, Milton, Nikola, Tech Insider, Trevor Milton, Graham Rapier, Nikola Motors, Forbes 400, Business News Desk


Uber Promises Fleet-wide Electrification by 2030, GM Offers Help

Uber Technologies has promised to make sure that 100 percent of the vehicles used to convey customers in Europe, Canada, and the United States will be powered entirely by electricity — allotting itself just under a decade for the transition. By 2030, Uber said all cars used on the platform will be required to be of […] The post Uber Promises Fleet-wide Electrification by 2030, GM Offers Help appeared first on The Truth About Cars.
Tags: Uber, Going Green, Green, United States, Electric Vehicles, Editorials, Gm, Autos, EVs, Alternative Energy, Europe Canada, Uber Technologies, News Blog, Carbon Neutral, Empty Corporate Promises, Uber Promises Fleet


Lucid Motors’ all-electric Air will start below $80,000

After months of teasers and announcements, Lucid Motors will finally reveal its first all-electric luxury sedan, the Air, during a live stream on September 9. But of course, the day before the big reveal, a little bit of news has trickled out. Lucid Motors has previously alluded that it will offer a high-end variant of the Air. That flagship variant, called the Dream, is expected to cost $169,000 (or $161,500 after federal tax credits are accounted for), according to a report by Bloomberg. Th...
Tags: California, Tech, Tesla, Bloomberg, Automotive, Electric Vehicles, Arizona, Epa, Air, Lucid, Lucid Motors, Casa Grande Arizona


GM Investing $2 Billion Into EV Startup Nikola

General Motors announced it will be taking an 11-percent stake in Nikola on Tuesday. It even said it would be actively helping the startup produce the hydrogen/battery-powered Badger pickup, sending the firm’s already-insane share price through the roof. Nikola shares were up 30 percent before the trading day even began, with the General seeing some positive […] The post GM Investing $2 Billion Into EV Startup Nikola appeared first on The Truth About Cars.
Tags: Startups, Investments, General Motors, Electric Vehicles, Mary Barra, Gm, Autos, Hydrogen, Fuel Cell, Hydrogen power, EVs, Investors, Nikola, News Blog, Trevor Milton, EV Startup Nikola


A Volkswagen executive says it sell more electric cars than Tesla by 2023

FILE PHOTO: VW restarts production after lockdown Reuters Elon Musk met with Volkswagen executives in Germany last week and even test-drove a competing electric model.  Bernd Osterloh, the head of VW's works council, wants one thing to be clear: the companies are still competing.  He told a German newspaper that VW will outsell Tesla's electric vehicle numbers by 2023.  Visit Business Insider's homepage for more stories.  Elon Musk and Volkswagen's chairman may have a friendly relationship...
Tags: Transportation, Elon Musk, Germany, Berlin, Trends, Tesla, Vw, Electric Vehicles, Volkswagen, Musk, Volkswagen Group, Welt am Sonntag, Bernd Osterloh, Tech Insider, Osterloh, Reuters Elon Musk


QOTD: Would You Ever Consider China’s Best-Selling EV?

While Tesla’s Model 3 sedan is supposedly taking the world by storm, some hot competition has been reported in China. The Hongguang MINI EV has eclipsed the offspring of Elon Musk to become the country’s best-selling electric vehicle. Though at just 28,800 yuan ($4,200), it hardly seems a fair comparison. Tesla’s minimalist sedan is larger […] The post QOTD: Would You Ever Consider China’s Best-Selling EV? appeared first on The Truth About Cars.
Tags: China, Tesla, Electric Vehicles, Gm, Autos, EVs, Qotd, SAIC, News Blog, Microcars, Question of the Day, Wuling, Hongguang Mini EV, SAIC-GM-Wuling


VW’s all-electric ID.4 will use interior lighting to communicate with the driver

Newly released teaser images of Volkswagen’s upcoming all-electric ID.4 compact SUV reveals an interior that leans in on tech, such as touchscreens and ambient lighting used to talk to the driver, without erasing every toggle or knob from automotive’s yesteryear. In short: the ID.4 appears to have struck a balance between stark minimalism and a shepherd’s pie of toggles, switches and touchscreens. Could this be the Goldilocks story of the EV world? A few images can’t answer that question. Luckil...
Tags: Europe, China, Tech, Automotive, Vw, Electric Vehicles, Volkswagen, North America, CHATTANOOGA Tennessee, Volkswagen Group, VW Group, Zwickau, China Europe, Thomas Ulbrich, VW Group Volkswagen