Ford Motor Company and battery manufacturer SK Innovation plan to spend $11.4 billion to build two massive campuses in Tennessee and Kentucky that will produce batteries as well as the next generation of electric F-Series trucks — a project the companies said will create 11,000 new jobs. Facilities on the two campuses are designed to […]
Lamborghini’s vision for an alternative-fuel future
Car enthusiasts have a history of electric-car hesitancy. While some are fully on board with electrification and hybridization, there are still some petrol holdouts, especially at the rarified and pointy end-of-the-price spectrum like Lamborghini. The push for electrification and hybrid powertrains poses a significant challenge to the carmaker known for creating striking, bespoke containers for […]
Swedish EV-maker Polestar reportedly preparing to go SPAC at $21B valuation
Swedish electric vehicle maker Polestar is reportedly preparing to go public via special purpose acquisition with Gores Guggenheim Inc., reports the Wall Street Journal citing people familiar with the matter. The SPAC deal, which sources say could be reached by Monday, would value Polestar at $21 billion. Polestar falls under Volvo Car Group’s electric performance […]
Why MPG should matter for electric vehicles
We already have a common denominator for the EV age: the kilowatt-hour. A familiar, tangible energy unit that gives us an apples-to-apples way to think about cost, efficiency and pollution.
Google’s Android Automotive OS is coming to Honda cars in 2022
A host of features are being added to Google’s Android Auto experience, and the company’s Automotive OS will come to more cars including, for the first time, Honda vehicles from 2022 onwards.
Tesla’s battery-manufacturing ‘Megafactory’ breaks ground in California
Tesla broke ground on its “Megafactory,” a new production facility in California, so christened because it will produce the company’s large-scale battery system Megapack. News of the previously unannounced factory was confirmed by the Lathrop Mayor Sonny Dhaliwal, in a Facebook post that was deleted and re-posted. “We are proud to be the home of […]
GM invests $300M in China’s first self-driving car unicorn Momenta
General Motors has now joined a slew of other major automakers, including Toyota, Chinese state-backed SAIC Motor, and Mercedes-Benz AG in putting its chips behind Chinese autonomous driving startup Momenta. GM, the largest automaker in the U.S. in terms of vehicle sales, said Tuesday it will invest $300 million in Momenta to accelerate the development […]
Motional expands operations in Las Vegas ahead of 2023 robotaxi launch
Autonomous vehicle company Motional is expanding its operations and employee headcount in Las Vegas, including tripling the size of its testing facility, in the run up to its planned 2023 commercial deployment of robotaxis. The company, the product of a $4 billion joint venture between Aptiv and Hyundai, has been in Las Vegas for nearly […]
Keep Technologies wants to turn a cup holder into a security guard for your car
David Moeller wasn’t looking to start another company. He had already earned the serial entrepreneur badge with CodeGuard, a website backup startup, and his hardware company Claw Hanging Systems. But a series of car break-ins prompted Moeller to search for a product that would keep his vehicle safe. What he found was a gap in […]
Foxconn says Thailand EV factory will begin producing 50,000 units by 2023
Taiwan-based smartphone manufacturing giant Foxconn and national Thailand oil supplier PTT PLC are moving forward with an agreement to start an electric vehicle manufacturing facility in Thailand. The facility is expected to begin rolling out vehicles by 2023. Foxconn had previously reported plans to begin building factories in both Thailand and the U.S. next year. […]