Jaclyn Trop
Faraday Future said Wednesday during an investor presentation that it plans to open a factory in China as early as 2025, even as it faces a shortage of capital and an SEC investigation.
The electric vehicle maker said it is scouting locations for a site to build its future...
Lucid Group, which makes long-range, fast-charging luxury EVs, said on Tuesday it is joining with Bank of America to provide customer financing as one way to stand out in the crowded segment.
The Lucid Financial Services digital platform provides “a flexible, fast and easy financing process” for leases and...
Polestar released teaser images Tuesday for its first battery-electric SUV, the Polestar 3, which will make its global debut in October.
The teaser shows a sleek, four-passenger SUV with a panoramic sunroof that stretches from windshield to rear spoiler and a bold taillight design.
The Polestar 3, which will be...
Apple said Monday that its next-generation CarPlay system will power the vehicle’s entire instrument cluster, the next move in its battle against Android Automotive OS, Google’s in-vehicle operation system, to dominate dashboards around the world.
The growing size and number of screens inside vehicles gives the iPhone an opportunity...
Ford said that it wants to restructure its dealership model to sell its EVs online only and at a non-negotiable price to match Tesla’s profit margins.
“I feel like when that second quarter last year profit came out for Tesla and they showed like a $15,000 premium, it totally...
Buick said Wednesday it will launch its first EV in 2024 and revealed a sleek concept car that will set the direction on its journey to becoming a fully electric brand in North America by 2030. But that’s not the most surprising news. Buick, it seems, is opening...
Rimac Group said Tuesday it has raised 500 million euro ($536 million), funds that will help the Croatian startup expand beyond its electric hypercar roots and grow into a global EV components supplier — and eventually a publicly traded company.
Softbank Vision Fund 2 and Goldman Sachs led the...
DeLorean released fresh details and images of its Alpha 5 EV, a gull-winged electric vehicle that the company’s owners hope will resurrect the long defunct brand and possibly set the direction for more electric models.
The company’s — and the EV’s — big public moment won’t come until later...
Hyundai said it plans to invest more than $10 billion toward accelerating electrification and autonomous vehicle technology in the U.S. by 2025.
Part of that pot includes the $5.5 billion Hyundai has earmarked for its new EV plant and battery manufacturing facility in Georgia announced Friday. Non-affiliated suppliers are...
Hyundai is the latest automaker to announce plans to open an EV factory in Georgia, the same state where Rivian is preparing to break ground on its controversial plant.
Hyundai’s $6.5 billion EV and battery manufacturing facility outside of Savannah will further the state’s goal of becoming a major...
