Posts filtered by tags: Ev[x]


 

GM ups electric and autonomous vehicle spending to $27 billion through 2025

General Motors said it will spend $27 billion over the next five years on the development of electric vehicles and automated technology, a 35% percent increase that exceeds the automaker’s investment and gas and diesel and is an effort bring products to market faster. More than half of GM’s capital spending and product development team will be devoted to electric and electric-autonomous vehicle programs, the company said. The U.S. automaker is also accelerating its go-to-market timeline and addi...
Tags: TC, Berlin, Tech, General Motors, Tesla, Austin, Automotive, Ford, Electric Vehicles, Gm, Panasonic, North America, Northeast Ohio, Parks, Gmc, Gw


Volkswagen's CEO says its latest round of investment in electric self-driving cars will let it finally 'beat Tesla'

Herbert Diess, CEO of German carmaker Volkswagen addresses the media during the annual news conference at the Volkswagen plant in Wolfsburg Reuters Volkswagen is increasingly transparent about how it plans to catch Tesla's lead in electric vehicles. In a conference call Monday with analysts and investors, its CEO outlined an increased and accelerated investment into its electric powertrain and software development.  "The commitment, the investments, and the industrialization plans are ther...
Tags: Transportation, Elon Musk, News, Berlin, Trends, Tesla, Vw, Electric Vehicles, Ubs, Volkswagen, EVs, Wolfsburg, Musk, Ev, Herbert Diess, Reuters Volkswagen


Ford’s Upcoming E-Transit is Kansas Resident, Means $100M Plant Investment

As we reported a couple of weeks ago, Ford is set to debut its new E-Transit electric van tomorrow. An announcement was made yesterday regarding the Transit’s production location. And the new van brings along some cash, and jobs as well. Claycomo, Kansas is now the confirmed production location of the E-Transit, as announced by […] The post Ford’s Upcoming E-Transit is Kansas Resident, Means $100M Plant Investment appeared first on The Truth About Cars.
Tags: Technology, Sales, Industry, Transit, Ford, Efficiency, Autos, Kansas, North America, EVs, Green Cars, Electric Cars, New Cars, Ev, Ford Transit, News Blog


Ford’s Upcoming E-Transit is Kansas City Resident, Means $100M Plant Investment

As we reported a couple of weeks ago, Ford is set to debut its new E-Transit electric van tomorrow. An announcement was made yesterday regarding the Transit’s production location. And the new van brings along some cash, and jobs as well. Claycomo, Missouri is now the confirmed production location of the E-Transit, as announced by […] The post Ford’s Upcoming E-Transit is Kansas City Resident, Means $100M Plant Investment appeared first on The Truth About Cars.
Tags: Technology, Sales, Industry, Transit, Ford, Efficiency, Autos, North America, Kansas City, EVs, Green Cars, Electric Cars, New Cars, Ev, Ford Transit, Claycomo Missouri


The first Tesla taxi in NYC just hit the streets as the city's only electric yellow cab. The plan is for hundreds more to join it.

Lucky New Yorkers can now hail the city's only Tesla taxi. Drive Sally New York's first Tesla Model 3 taxi — the only battery-powered yellow cab in the city — just hit the streets.  The cab, operated by a company called Drive Sally, completed more than 100 trips in its first full weekend of service.  Instead of running the taxi 24 hours per day like its other cars, Drive Sally brings the Model 3 in to charge it overnight.  One of the first problems drivers reported was that passengers ...
Tags: Auto, Transportation, New York, News, NYC, New York City, Trends, Tesla, Chicago, Amsterdam, Ohio, Toyota, Electric Cars, Tesla Model 3, Ridesharing Apps, Taxis


Ford Says Electric Super Duty Trucks Aren’t Happening

While Ford’s F-150 is slated for electrification, Super Duty versions of the F-Series are not. On Monday, the automaker told industry analysts that HD EVs weren’t in the cards — adding that customers can still expect all-electric versions of the Mach-E “Mustang” and Transit van. “Our goal is to build a profitable electric vehicle portfolio,” John […] The post Ford Says Electric Super Duty Trucks Aren’t Happening appeared first on The Truth About Cars.
Tags: Ford, Electric Vehicles, Autos, F-150, John, Trucks, Pickup Trucks, Ev, Ford Motor Co, Pickups, News Blog, Super Duty, Heavy Duty, Electric Pickup, HD trucks, F Series


Watch Lordstown's upcoming electric pickup challenge the F-150 to a tug-of-war

The video purports to show that the Endurance offers better traction than the F-150. Lordstown Motors Electric pickup startup Lordstown Motors released a video on Wednesday of its Endurance truck battling the Ford F-150 in a game of tug-of-war.  Lordstown set out to prove that the Endurance offers better traction than the most popular truck in the US.  The Endurance appeared to win the battle, but the video was likely more of a marketing ploy than a true test.  Visit Business Insider's hom...
Tags: Transportation, News, US, America, Trends, Tesla, Ford, Electric Vehicles, Ohio, Trucks, Pickup Trucks, Ev, Lordstown, Ford F-150, Tech Insider, Electric Pickup


Hyundai just won a major design award for its EV concept that has joysticks instead of a steering wheel — take a closer look at the Prophecy

Hyundai Prophecy. Hyundai Hyundai won a "Best of the Best" Red Dot Award for its Prophecy concept car, the company announced Thursday. With sweeping lines and smooth curves, the Prophecy's design feels almost like a mashup of the Tesla Model 3 and Porsche 911. Concept cars often show an exaggerated version of where an automaker wants to go in the future, but the Prophecy, or at least something like it, is headed to production. Visit Business Insider's homepage for more stories. Hyundai jus...
Tags: Transportation, Trends, Tesla, Features, Porsche, Concept Cars, Hyundai, Electric Cars, Electric Car, Ev, Auto Express, Geneva International Motor Show, Hyundai Global Design Center, Tim Levin, BITranspo, Hyundai Prophecy Hyundai Hyundai


EV sales in Europe are booming — how long can it last?

When I assessed the likely impact of the current crisis on EV growth back in April, I anticipated Europe would benefit most. I predicted the USA would be negatively impacted — with the possible exception of California — whereas China would remain at pre-crisis levels, i.e. flat vs. 2018 and 2019. I expected Europe to introduce incentives aimed at bolstering the automotive industry, with a focus on clean energy. Europe did just that and it had a significant impact on sales. Plug-in EV (battery EV...
Tags: Startups, Europe, Usa, California, China, Eu, Shift, Ev, Syndication


Wall Street analysts tore down 7 competing electric-vehicle batteries — and say Tesla is once again leading the pack

Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai Reuters Tesla's held a comfortable lead on electric-vehicle manufacturing and sales for years, after virtually inventing the industry on its own.  But now it's not the only player in town, and competitors are quickly catching up, according to UBS.  To understand manufacturing costs and technology, analysts at the bank tore down seven battery models used by various competitors. They found Tesla sti...
Tags: Transportation, Elon Musk, News, Trends, Tesla, Electric Vehicles, Shanghai, Ubs, Batteries, Panasonic, Volkswagen, EVs, Allied Market Research, Musk, Ev, Tesla China


'Another major step forward': Here's what 6 Wall Street analysts had to say after Tesla's earnings beat expectations

Reuters Tesla's third-quarter earnings report beat expectations on multiple key metrics including cash flow and gross margins. The electric vehicle automaker also reiterated its goal of 500,000 deliveries in 2020, a statement many analysts were anticipating before the report. Shares of Tesla soared nearly 5% at the market open on Thursday.Here's what six Wall Street analysts had to say about Tesla's third-quarter earnings report. Watch Tesla trade live here.Tesla's third-quarter earnings r...
Tags: Energy, Electric Vehicle, China, Trends, Markets, Tesla, Credit Suisse, Gm, TSLA, Goldman Sachs, Elon, Jpmorgan, Ev, Wedbush, RBC Capital Markets, Wedbush Securities


GMC will be releasing 3 more variants of its 'super truck' Hummer EV over the next 4 years — see how they compare

2022 GMC Hummer EV. GMC GM opened reservations for the $112,595 "Edition 1" trim of the Hummer EV on Tuesday. In the coming years, GMC will also be rolling out three other trims between 2022 to 2024 that range from $79,995 to $99,995. This includes the $99,995 Hummer EV3X in the fall of 2022, the $89,995 Hummer EV2X in the spring of 2023, and the $79,995 Hummer EV2 in the spring of 2024. Visit Business Insider's homepage for more stories. GMC has unveiled the 2022 Hummer EV "supertruck" Tu...
Tags: Transportation, Electric Vehicle, Trends, General Motors, Gm, Truck, Pickup Truck, Gmc, Ev, Watts, Hummer, Pickup, Tech Insider, Brittany Chang, Hummer EV, GMC Hummer EV GMC GM


2022 GMC Hummer EV: This is It [UPDATED]

It’s been teased, it’s been leaked, and now it’s here. The 2022 GMC Hummer EV is no longer cloaked under wraps. We already knew, or at least had a good idea, about some of the specs, and GMC is confirming an estimate of 1,000 horsepower and 11,500 lb-ft of torque. Two drive units and up […] The post 2022 GMC Hummer EV: This is It [UPDATED] appeared first on The Truth About Cars.
Tags: Industry, Electric Vehicles, Autos, New Cars, Gmc, Ev, Hummer, News Blog, Future Vehicles, New Trucks, GMC Hummer EV, Hummer EV


2022 GMC Hummer EV: This is It

It’s been teased, it’s been leaked, and now it’s here. The 2022 GMC Hummer EV is no longer cloaked under wraps. We already knew, or at least had a good idea, about some of the specs, and GMC is confirming an estimate of 1,000 horsepower and 11,500 lb-ft of torque. Two drive units and three […] The post 2022 GMC Hummer EV: This is It appeared first on The Truth About Cars.
Tags: Industry, Electric Vehicles, Autos, New Cars, Gmc, Ev, Hummer, News Blog, Future Vehicles, New Trucks, GMC Hummer EV, Hummer EV


The 14 coolest features of the $113,000 2022 Hummer EV 'Edition 1' — GMC's all-electric 'super truck' coming next year

2022 GMC Hummer EV. GMC GMC revealed its long-awaited Hummer EV electric truck on Tuesday.  To start, it'll only be available in the "Edition 1" trim, which comes packed with cool features like air-ride suspension, underbody cameras, and a six-way tailgate.  The Edition 1 starts at $112,595 and production will start in fall 2021.  Visit Business Insider's homepage for more stories. GMC just unveiled its hotly anticipated 2022 Hummer EV, and the new all-electric pickup sports a vast array o...
Tags: Transportation, Electric Vehicle, News, Trends, General Motors, Features, Gm, Truck, Pickup Truck, Gmc, Ev, Hummer, Ford Bronco, Pickup, Tech Insider, Hummer EV


GMC just revealed the all-new Hummer EV, a 1,000-horsepower electric pickup to take on the Tesla Cybertruck — take a closer look

2022 GMC Hummer EV. GMC The GMC Hummer EV — GM's first electric pickup — has arrived.  GMC debuted the truck on Tuesday and announced that people can now reserve the "Edition 1" model, which costs $112,595 to start.  The off-road-capable truck will compete with upcoming offerings from Tesla, Nikola, Rivian, and Ford.  GMC will roll out three additional trim levels over the next few years, including a base-trim version that will cost $80,000.  Visit Business Insider's homepage for more stor...
Tags: Transportation, Electric Vehicle, News, Trends, General Motors, Features, Ford, Gm, Truck, Detroit, Pickup Truck, Pickup Trucks, Reveal, Cadillac, Gmc, Ev


The Chinese electric vehicle industry is on a rebound after an almost year-long slump, but startups BYD and NIO are taking initiative to shield against market volatility

NIO EP9 electric car is displayed at its store in Beijing REUTERS Chinese passenger EV sector is on a rebound after a prolonged period of low sales volume but volatility remains. With over 400 registered EV manufacturers In the country, some level of sector consolidation is expected. Leading EV companies such as BYD and NIO are innovating in customer service and charging infrastructure. The future of EVs in China will be closely linked to the development of autonomous d...
Tags: Transportation, Asia, China, US, Trends, Tesla, Customers, Chicago, Beijing, Shanghai, Alibaba, Toyota, Michael O Neill, Norway, Baidu, Business Insider


Porsche created a huge EV charging truck that can recharge 10 Porsche Taycans at once — see how it works

Porsche's mobile charging truck. Porsche Porsche created an electric vehicle charging truck that can recharge 10 Porsche Taycans at once, and 30 total. The charging truck has a power rating of 3.2 megawatts with its 2.1-megawatt hour battery system. Porsche currently has seven of these chargers on wheels that have been used at various "customer driving experiences" and events. Visit Business Insider's homepage for more stories. Porsche created a mobile electric vehicle charging truck t...
Tags: Transportation, Electric Vehicle, Europe, Trends, Porsche, Electric Car, Ev, Tech Insider, Porsche Taycan, Brittany Chang, BITranspo, CT Viisual Features, Taycans, Porsche Taycan Porsche Porsche


Tesla just quietly updated the Model 3's range, performance, and styling — here's what's new

The Model 3 now has more range, black trim, and a new center console. Tesla Tesla quietly updated its top-selling Model 3.  The Model 3 now boasts more range across all three versions.  It also gets new black trim on the exterior, refreshed wheel options, and a new center console with wireless-charging capability.  Visit Business Insider's homepage for more stories. Tesla just updated the Model 3, giving it increased range and performance along with some new features and styling touches. A...
Tags: Auto, Transportation, Trends, Tesla, Car, Auto Industry, Epa, Electric Cars, Tesla Model 3, Model 3, Ev, Tech Insider, Tesla Tesla, Standard Range Plus, Tim Levin, BITranspo


EV maker Fisker just debuted its $37,499 all-electric 'Ocean' SUV coming 2022 which claims will be the 'world's most sustainable vehicle'

The Fisker Ocean. Fisker American automaker Fisker has debuted its all-electric SUV 'Ocean' with a solar roof for $37,499 — considerably cheaper than Tesla's Model X SUV which goes for $84,990. The interior of the vehicle will be fully vegan and made of mostly recycled materials, including abandoned fish nets, plastic bottles, and T-shirts. The car will be closely tied with the Fisker app and will allow drivers to pay for their vehicle, book service appointments, and potentially set up rid...
Tags: Transportation, Europe, California, US, Trends, Tesla, Earth, SUV, Ocean, Electric Vehicles, Las Vegas, Henrik Fisker, EVs, Ev, Fisker, Magna International


Harley-Davidson should keep making e-motorcycles

Harley-Davidson should continue to make electric motorcycles. That’s my big takeaway after taking home the company’s LiveWire for three weeks. I’d ridden it on a closed course in 2019, but that wasn’t enough absorb the finer qualities of the 105 horsepower machine. After nearly a month and a thousand miles on the LiveWire, I’d venture to say it could be the most innovative motorcycle Harley-Davidson has ever produced. That doesn’t mean perfect (particularly on the pricing). But with declining sa...
Tags: TC, Electric Vehicle, California, Milwaukee, Tech, Ceo, United States, Motorcycles, Italy, Manhattan, Silicon Valley, Bronx, Honda, Electric Motorcycles, Harley Davidson, Motorcycle


The maker of this new electric bus of the future just received an $118 million investment from BlackRock to build a US factory

The Arrival Bus. Arrival Arrival has unveiled a zero-emissions public transit bus with configurable seating arrangements to promote social distancing amid the coronavirus pandemic. The bus's price is comparable to that of a traditional fuel-burning bus, allowing its purchaser to save money long term, according to its maker. Arrival plans to ship 1,000 "microfactories" — where Arrival's transportation products will be manufactured — around the world by 2026. On Wednesday, the electric mobil...
Tags: Transportation, Electric Vehicle, London, US, Trends, Bus, Electric, Hyundai, Kia, South Carolina, Blackrock, Ev, Tech Insider, Arrival, Brittany Chang, Coronavirus


The most popular used EV in the 25 states with significant sales is either the Nissan Leaf or the Tesla Model S

The electric car Nissan Leaf, at an electric vehicle charging station at Balboa Park. Dünzl\ullstein bild via Getty Images The Nissan Leaf is the most popular used electric car in the 25 states with the highest used electric vehicle sales according to a study by car search engine and automotive research firm iSeeCars. The Leaf is the most popular used electric vehicle of choice in 18 of the 25 states, including Tesla's home state of California. The remaining seven states prefer the Tesla M...
Tags: Transportation, Electric Vehicle, California, Mexico, US, Trends, Tesla, Hawaii, Nevada, Nissan, Tesla Model S, Nissan Leaf, Ev, Carolina, Karl Brauer, Nissan Leafs


This Swiss EV startup will be led by a bunch of former Tesla, BMW, Porsche, and Volkswagen bosses

The Piëch Automotive two-seat sports car. Piëch Automotive Piëch Automotive is a Swiss EV sports car startup that’s headed up by ex-BMW, Tesla, Porsche, and Volkswagen employees. Matthias Müller is the newly appointed chairman, formerly of Porsche and Volkswagen after the diesel scandal fallout. He was ousted from the company in 2018. The Piëch GT2 is an all-electric two-seater sports car that boasts an estimated range of up to 310 miles. Visit Business Insider's homepage for more stories....
Tags: Startups, Transportation, Samsung, Trends, Tesla, Porsche, Peter Thiel, Autos, Bmw, Volkswagen, Electric Cars, Ev, Volkswagen Group, Müller, Matthias Müller, Herbert Diess


Get a free Extra Crunch membership when you buy TC Sessions: Mobility 2020 tickets

TC Sessions: Mobility is coming up next week, and we’ve decided to sweeten the deal for what’s included with your event pass. Buy your ticket now and you’ll get a free annual membership to Extra Crunch, our membership program focused on startups, founders and investors with more than 100 exclusive articles published per month. Extra Crunch unlocks access to our weekly investor surveys, private market analysis and in-depth interviews with experts on fundraising, growth, monetization and ot...
Tags: Transportation, Tech, Tesla, Ford, Subscriptions, Henry Ford, Ev, Extra Crunch, Tc Sessions Mobility, DocSend Typeform Crunchbase


Tesla 5-year sales agreement spurs 395% surge in Piedmont Lithium

Xinhua/Wang Ying/ Getty Images Piedmont Lithium, an Australia-based mining company, surged as much as 395% on Monday after it signed a five-year sales agreement with Tesla.Piedmont entered a binding sales agreement with Tesla to provide it with spodumene concentrate, a lithium mineral typically derived from pegmatite rock.The deal will likely help Tesla in its efforts to expand battery capacity to support future demand, as detailed in its recent Battery Day event. Visit Business Insider's ...
Tags: Australia, Finance, Trends, Investing, Markets, Tesla, Electric Vehicles, TSLA, Batteries, Trading, Stocks, Stock Market, North Carolina, EVs, Movers, Pll


Ather 450X Collector’s Edition unveiled, gets translucent body panels

Bengaluru-based EV-maker, Ather Energy, has finally unveiled the highly-awaited...
Tags: Autos, Ev, Ather Energy, Ather


SPI Energy skyrockets 4,300% after announcing launch of EV business

Drew Angerer/Getty Images Shares of SPI Energy soared as high as 4,345% on Wednesday after the solar company announced the launch of an electric vehicle business. The EV business will "focus on the design and develop of new EV technologies and plans to partner with major manufacturers, as necessary," according to a press release. SPI Energy manufactures and distributes solar photovoltaic energy solutions for businesses and residential customers around the globe. Watch SPI Energy trade live...
Tags: Electric Vehicle, Australia, Trends, Markets, Tesla, Solar Energy, Stocks, Silicon Valley, Stock Market, Stock, Returns, Spice, Ev, US Europe Japan, SPI, Randy McKay


Volkswagen made 4 key moves to give the all-electric ID.4 a shot at outselling Tesla — and the gas-powered competition

2021 Volkswagen ID.4. Volkswagen The 2021 Volkswagen ID.4 is the first all-electric car the automaker will offer in the US. US buying habits gravitate toward SUVs, so the ID.4 is a small SUV, about the size of a Tiguan. The ID.4 is also priced aggressively. It has a starting price of $40,000. Visit Business Insider's homepage for more stories. Volkswagen wants the all-new 2021 Volkswagen ID.4 to be the electric car for the buyer who just needs a regular car, not a party trick. And it made ...
Tags: Transportation, US, America, Trends, Tesla, Vw, Autos, Volkswagen, EVs, Electric Cars, Department Of Energy, Chattanooga, Edmunds, Lucid, Chevy Bolt, Ev


China’s electric carmaker WM Motor pulls in $1.47 billion Series D

Chinese electric vehicle startup WM Motor just pocketed an outsize investment to fuel growth in a competitive landscape increasingly coveted by foreign rival Tesla. The five-year-old company raised 10 billion yuan ($1.47 billion) in a Series D round, it announced on Tuesday, which will pay for research and development, branding, marketing and expansion of sales channel. WM Motor, backed by Baidu and Tencent, is one of the highest funded EV startups in China alongside NIO, Xpeng and Li Auto, a...
Tags: Fundings & Exits, Electric Vehicle, Asia, New York, China, Funding, Tech, Tesla, Bloomberg, Automotive, Shanghai, Tencent, Nvidia, Baidu, Gigafactory, Ev