Hyperion says it’s developed a hydrogen-powered supercar, now it needs money

With little more than sketches and not fully baked prototypes, a crowd of electric vehicle startups have rounded up billions from investors. Can that fund-raising engine drive a hydrogen-powered car? Hyperion Companies Inc., a decade-old Los Angeles outfit, is entering the race for speculative transportation capital today when it pulls the cover off a supercar… Continue reading Hyperion says it’s developed a hydrogen-powered supercar, now it needs money

Tesla announces 5 for 1 share split, rallies 8%

Today after the close of regular trading Tesla, a well-known American electric vehicle company, announced that it intends to split its shares 5 for 1. The split announcement comes after a sharp rally in the value of Tesla equity in recent quarters. The company’s shares quickly rallied on the news, picking up 8% in after-hours… Continue reading Tesla announces 5 for 1 share split, rallies 8%

Record-breaking Faraday Future prototype EVs are up for auction

Sponsored Links Pawel Litwinski Remember Faraday Future? It’s the electric vehicle startup that, when it launched in 2015, was promising to shakeup the EV industry and become a rival to Tesla. Since then, the company has struggled with funding, production and legal issues. A Faraday Future EV comparable to anything Tesla offers never materialized, though… Continue reading Record-breaking Faraday Future prototype EVs are up for auction

Xpeng Motors Files For IPO On NYSE

Upstart Chinese electric vehicle maker, Xpeng Motors has officially filed for its initial public offering (IPO) on the New York Stock Exchange. The move wasn’t a surprise and had been anticipated for some time now. The announcement makes XPeng the third electric vehicle manufacturer out of China to list its shares in the US. The… Continue reading Xpeng Motors Files For IPO On NYSE

Chinese EV maker Xpeng files for U.S. listing after rival surges

FILE PHOTO: People look at XPeng’s P7 sedan model displayed at the Guangzhou auto show in Guangzhou, Guangdong province, China November 22, 2019. Picture taken November 22, 2019. REUTERS/Yilei Sun BEIJING (Reuters) – Chinese electric vehicle (EV) maker Xpeng Inc, backed by Alibaba (BABA.N) and Xiaomi Corp (1810.HK), has filed to list its shares in… Continue reading Chinese EV maker Xpeng files for U.S. listing after rival surges

Q&A with General Motors CEO Mary Barra – WDIV ClickOnDetroit

DETROIT – The auto business used to be pretty simple. Crank out vehicles that people want to buy and collect profits. It’s gotten a whole lot more complicated since Mary Barra took over as CEO of General Motors in 2014. She has cut costs and streamlined management, closed factories and sold off money-losing operations in… Continue reading Q&A with General Motors CEO Mary Barra – WDIV ClickOnDetroit

German court ruled Tesla’s touchscreen windshield wiper controls are the same as texting while driving (TSLA)

Tesla’s touchscreen windshield wiper controls are the same as using a phone while driving, a German court said in March. The case stems from a 2017 wreck which landed a driver with a fine and license suspension, and regained attention when a local blog published details of the ruling in late July and US media… Continue reading German court ruled Tesla’s touchscreen windshield wiper controls are the same as texting while driving (TSLA)

Tesla launches its own car wrap service

Tesla has launched its own car wrap service through delivery centers starting with 5 cities in China. Could it be introduced in other markets? Over the last few years, Tesla has reduced the number of color options on its vehicles in order to streamline production and facilitate repairs at service centers. It resulted in many… Continue reading Tesla launches its own car wrap service

ChargePoint raises $127M as electric vehicle adoption grows among fleet operators

Electric vehicle charging network ChargePoint raised $127 million in funding in a bid to expand its platform for businesses and fleets in North America and Europe. A mix of existing investors from the oil and gas, utilities and venture industries added to the round, including American Electric Power, Chevron Technology Ventures, Clearvision and Quantum Energy Partners.… Continue reading ChargePoint raises $127M as electric vehicle adoption grows among fleet operators

Electric vehicle charge network ChargePoint bags $127 million from investors

FILE PHOTO: An electric car is charged by a mobile charging station on a street in Prague, Czech Republic, December 4, 2018. Picture taken December 4, 2018. REUTERS/David W Cerny/File Photo (Reuters) – ChargePoint, one of the world’s oldest and largest electric vehicle charging networks, has closed on a $127 million funding round, much of… Continue reading Electric vehicle charge network ChargePoint bags $127 million from investors