Stellantis, Mercedes-Benz invest in solid-state battery developer Factorial Energy

Factorial Energy, a startup working on solid-state batteries for electric vehicles, has added two more major automakers to its investor sheet: Mercedes-Benz and Stellantis, both of which plan to co-develop batteries in separate joint collaboration agreements. Mercedes, a brand of Daimler AG, said it invested a “double-digit million dollar” amount in Factorial. Stellantis declined to […]

The 2022 Polestar 2 is more appealing, affordable and repairable

When Polestar launched its first all-electric vehicle last year, it came in a single flavor: a dual-motor, all-wheel-drive configuration that cost around $50,000 before incentives. Next year, the automaker is adding some variety. Polestar is rolling out a more affordable, single-motor, two-wheel-drive version of the sedan that still offers many of the features of the dual-motor […]

Ionity lands €700 million investment from BlackRock, automakers to expand EV fast-charging network

Ionity, an electric vehicle fast-charging charging network provider whose owners include Daimler AG and Volkswagen Group, has scored a €700 million ($783 million) investment from BlackRock Global and existing shareholders to expand its footprint across Europe. The company, which was founded in 2017, installs ultra-high-speed EV charging stations. It was launched as a joint venture […]

Vietnamese carmaker VinFast plots course for US market, starting with two electric crossovers

VinFast, the Vietnamese automaker under Vingroup, was one of the LA Auto Show’s numerous newcomers this year aiming to make an impression with consumers. The company showed off two all-electric crossovers at the show. And like so many new entrants to automotive — or in VinFast’s case, new to the United States — the vehicles […]

Subaru’s first all-electric vehicle makes its American debut

Subaru pulled the cover off its first all-electric crossover for the second time in November. This time, the 2023 Subaru Solterra electric crossover — the Toyota bZ4X doppelgänger — made its U.S. debut at the Los Angeles Auto Show. The first all-electric subcompact crossover is a joint project, like the Subaru BR-Z and the Toyota […]

Hyundai’s new electric SUV concept showcases a ‘hygienic’ lounge-like interior

Hyundai announced Wednesday at the 2021 Los Angeles Auto Show a new all-electric SUV concept vehicle that features everything from lounge seating to what Hyundai calls a “hygienic” interior, an appropriate feature as we enter the third year of the COVID-19 pandemic. Concept vehicles are exactly what they sound like — exercises in creativity and […]