Ferrari files new patent for future electric sports car platform

Mid-way through last year, Ferrari’s CEO John Elkann confirmed that the company would launch its first pure-electric sports car in 2025. It seems Ferrari is steaming ahead with the development process, as the firm has just filed a patent for a new electrified sports car platform, which we expect will underpin its upcoming EV rival… Continue reading Ferrari files new patent for future electric sports car platform

German Manager Magazin: Michael Lohscheller: Former Opel boss switches to Nikola001569

The career of the former Volkswagen-Managers and OpelBoss Michael Lohscheller (53) takes another rapid turn. After a brief stint as Head of Vietnamese newcomer VinFast, which ended abruptly after just three months shortly after Christmas, the German is drawn to the young US company Nikola. Lohscheller hires as president of the scandal start-up and is… Continue reading German Manager Magazin: Michael Lohscheller: Former Opel boss switches to Nikola001569

Faraday Future is preparing to actually sell its FF 91

Despite a litany of financial struggles and botched factory plans, Faraday Future has built its first production-intent car. The EV startup today unveiled the FF 91 at its Hanford, California-based plant, and announced it would begin production in Q3 of 2022. Since the best-laid plans of Faraday Future often go haywire, we won’t hold our… Continue reading Faraday Future is preparing to actually sell its FF 91

@niche: Veteran Electric Vehicle Executive Steve Ivsan Joins Xos, Inc. as Head of Program Management001669

LOS ANGELES, Feb. 24, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of Class 5 through Class 8 battery-electric vehicles and powertrains, and provider of charging infrastructure and fleet management software, today announced Steve Ivsan has joined the company as Head of Program Management. Mr. Ivsan will be responsible for defining the… Continue reading @niche: Veteran Electric Vehicle Executive Steve Ivsan Joins Xos, Inc. as Head of Program Management001669

SEC opens investigation into Elon Musk over possible insider trading

Elon Musk isn’t about to catch a hoped-for break from the SEC any time soon. Sources for The Wall Street Journal claim the SEC is investigating whether Musk and his brother Kimbal violated insider trading regulations with recent share sales. Officials are concerned Elon might have told Kimbal he planned to ask Twitter followers about… Continue reading SEC opens investigation into Elon Musk over possible insider trading

Ford CEO calls out NIO and Tesla as the competition ‘it must beat,’ denies rumors of splitting ICE and EVs into separate businesses

Ford’s Chief Executive Officer, Jim Farley, recently spoke during a virtual auto tech conference held by Wolfe Research, in which he spoke about Ford’s plans for the future. During the webcast, the Ford CEO specifically named Tesla and NIO as its biggest competitors, vowing to beat them. He also denied previously reported rumors about Ford’s… Continue reading Ford CEO calls out NIO and Tesla as the competition ‘it must beat,’ denies rumors of splitting ICE and EVs into separate businesses

Temasek-backed Ola Electric plans to build battery plant in India

Softbank Group-backed Ola Electric plans to build a battery cell manufacturing plant in India with a capacity of up to 50 gigawatt hours (GWh), a source told Reuters, as part of its broader electrification push. Ola will need 40 Gwh of battery capacity to meet its annual target to produce 10 million electric scooters and the remainder will be for electric cars,… Continue reading Temasek-backed Ola Electric plans to build battery plant in India

Tesla Recalls Cars With Full Self-Driving to Prevent Rolling Stops

Tesla is recalling 54,000 cars equipped with its Full Self-Driving software to disable a feature that in certain conditions lets the vehicles roll slowly through intersections without stopping. The move comes after the automaker was criticized on social media for enabling “rolling stops” in violation of traffic regulations. “Failing to stop at a stop sign… Continue reading Tesla Recalls Cars With Full Self-Driving to Prevent Rolling Stops

Tesla announces new investment in Gigafactory Shanghai on road to 1 million electric cars per year

Tesla announced a new investment to expand production at Gigafactory Shanghai on the road to achieving a production capacity of 1 million electric cars per year at the factory. Last year, CEO Elon Musk disclosed that Gigafactory Shanghai has now surpassed Fremont Factory in production capacity, and Tesla has made the Chinese factory its new main… Continue reading Tesla announces new investment in Gigafactory Shanghai on road to 1 million electric cars per year