VinFast showcased four battery-electric SUVs at the LA Auto Show this week and even hinted at a sports car as the Vietnam-based automaker pushes ahead with its plan to break into the U.S. market. The four EVs, which ranged in size from small five-passenger crossovers to large 7-passenger SUVs, is part of the company’s effort […]
Electric vehicle startup Nio is accelerating its expansion in Europe. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company said in a LinkedIn post. When it comes to charging, Nio differentiates itself from its rivals by offering swappable batteries, which are upgradable and charge a monthly subscription fee, on […]
General Motors’ e-delivery van subsidiary BrightDrop said Thursday it’s on track to reach $1 billion in revenue next year. The company, which launched in 2021 and was incubated at the automaker’s global innovation center, said reaching the financial milestone would make it one of the quickest tech startups to reach unicorn status, ahead of Apple, […]
General Motors’ e-delivery van subsidiary BrightDrop said Thursday it’s on track to reach $1 billion in revenue next year. The company, which launched in 2021 and was incubated at the automaker’s global innovation center, said reaching the financial milestone would make it one of the quickest tech startups to reach unicorn status, ahead of Apple, […]
Stellantis brand Fiat is coming back to the United States with its new all-electric 500e, a small urban vehicle that has been selling like hot cakes in Europe. The all-electric Fiat 500e is not like the original 500e, which was essentially a retro’d version of an internal combustion version of the same model. This time, […]
Hyundai luxury arm Genesis unveiled Tuesday evening the Genesis X convertible, the third and final electric vehicle concept of the brand’s EV future. The reveal, held at a splashy event ahead of the 2022 Los Angeles Auto Show, follows the X Concept and the X Speedium Coupe — all of which fall under the Inspired […]
Moribund EV startup Faraday Future could receive up to a $350 million lifeline to help launch its first vehicle, according to a regulatory filing. The company said Monday it has signed a deal with an affiliate of Yorkville Advisors Global for an equity line of credit up to $350 million. The financing, which entails an […]
Tesla is sharing its EV charging connector design in an effort to encourage network operators and automakers to adopt the technology and help make it the new standard in North America. Tesla said in a blog post Friday that its design and specification files are available for download. The company said it is “actively working […]
Polestar said it’s still on track to deliver 50,000 cars worldwide this year, even as other electric vehicle makers falter amid higher costs, supply chain crunches and production challenges. The Volvo spinoff, which went public in a SPAC deal in June, delivered more than 30,424 globally for the first nine months of the year, including 9,249 in […]
Audi and battery recycler Redwood Materials are teaming up to collect end-of-life batteries from cell phones, electric toothbrushes and other lithium-ion-powered devices at participating dealerships nationwide. Beginning November, consumers can deposit their laptops, cell phones, e-bikes, e-scooters, electric toothbrushes, vacuum cleaners, power drills and other rechargeable devices at the dealerships. The recycling bins will be […]
