Nissan is the latest automaker to announce a plan to spend gobs of money on an ambitious electrification strategy. The company said it will spend 2 trillion yen (around $17.6 billion) over the next five years to accelerate the roll-out of electric vehicles. And to emphasize that point, Nissan unveiled a pack of delightful EV… Continue reading Nissan lays out $17.6 billion plan to electrify its future
Author: The Verge Online News
Ford drops plan for Rivian-powered EV
Ford no longer plans to make an electric vehicle with EV startup Rivian, CEO Jim Farley tells Automotive News. The Detroit automaker originally announced it wanted to make a Rivian-powered EV in 2019 when it made its first investment of $500 million into the startup. Ford and Rivian already canceled a vehicle they planned to… Continue reading Ford drops plan for Rivian-powered EV
Ford and GM are getting into chip development to help deal with the shortage
A year into the computer chip shortage that’s heavily affecting vehicle production, Ford announced a collaboration with chipmaker GlobalFoundries Inc., as The Wall Street Journal first reported. Ford’s press release about the non-binding agreement is light on specifics but mentions plans “to advance semiconductor manufacturing and technology development within the United States.” Without committing to… Continue reading Ford and GM are getting into chip development to help deal with the shortage
Fisker’s electric Ocean SUV has a rotating center screen
EV startup Fisker Inc. has revealed the production version of its first electric vehicle, the Ocean SUV, at the 2021 LA Auto Show. It’s largely similar to the first prototype that debuted at the 2020 Consumer Electronics Show, though there are a few new standout features — including a 17.1-inch touchscreen that rotates from portrait… Continue reading Fisker’s electric Ocean SUV has a rotating center screen
Kia’s EV9 concept car is a big, boxy vision of our electric future
Kia revealed the EV9 SUV, an extra-large concept EV with Soul-like angularity and an estimated range of up to 300 miles. Like the previously unveiled EV6, the EV9 will be built on Hyundai’s new Electric-Global Modular Platform (E-GMP) that the automaker says will serve as the basis for an entire family of planned EVs. The… Continue reading Kia’s EV9 concept car is a big, boxy vision of our electric future
Hyundai goes really big with its latest electric concept SUV
Hyundai revealed a new electric vehicle concept at the 2021 Los Angeles Auto Show, showing how its scalable EV platform can be stretched to accommodate extra-large SUVs. The Hyundai Seven is built on the automaker’s Electric-Global Modular Platform (E-GMP), which also underpins the upcoming Ioniq 5, Kia EV6, and Genesis GV60. Unlike those vehicles, though,… Continue reading Hyundai goes really big with its latest electric concept SUV
Nissan’s upcoming electric SUV, the 2023 Ariya, will start at $47,125
The 2023 Nissan Ariya, the automaker’s upcoming electric crossover SUV, finally has a sticker price. The company announced that the EV will start at $47,125, and that reservations are now being accepted. The Ariya, which was first announced last summer, was expected to go on sale in Japan in the middle of 2021, followed by… Continue reading Nissan’s upcoming electric SUV, the 2023 Ariya, will start at $47,125
Lucid Motors passes Ford’s market cap four years after it nearly got bought
Four years after Ford was reportedly considering buying Lucid Motors, the EV startup is now worth more than the Detroit automaker. Lucid Motors’ market capitalization passed Ford’s on Tuesday, one day after the startup reported its first quarterly financial results as a publicly traded company and just a few weeks after it started shipping its… Continue reading Lucid Motors passes Ford’s market cap four years after it nearly got bought
Faraday Future launches investigation into financial fraud allegations
Faraday Future is launching an investigation into recent allegations of financial fraud at the startup, including claims from a recent short-seller report by J Capital. The EV startup’s board of directors has formed a “special committee of independent directors,” which has hired a law firm to perform the investigation. J Capital had accused Faraday Future… Continue reading Faraday Future launches investigation into financial fraud allegations
Tesla has reportedly been shipping out some cars without USB ports
Some Tesla customers have noticed that their newly-purchased Model 3s and Model Ys have missing USB ports, an issue first spotted by Electrek. Tesla has reportedly been telling customers that the chip shortage is behind the lack of ports. As noted by Electrek, the issue didn’t seem to start cropping up until November 11th, and… Continue reading Tesla has reportedly been shipping out some cars without USB ports