Industry

 
Prototype for Lucid electric car due in 2018

Lucid reveals electric car prototype, announces Arizona production

Just as Faraday Future struggles to get its plant off the ground, another Chinese-backed electric car startup based in the United States has chosen a location for its own plant. The company is Lucid, formerly known as Atieva, and on Tuesday it announced plans to build a $700 million plant in Casa... read more

December 1, 2016 by
 
Teaser for Faraday Future electric car debuting at 2017 Consumer Electronics Show

Faraday Future electric car likely delayed

There are serious doubts concerning Faraday Future’s plan to bring a volume electric car to production in the coming years after the company’s Chinese backer... read more November 29, 2016 by


 
Combined Charging Standard (CCS) electric car charger

4 automakers join forces for 350-kilowatt fast-charging network

As they gear up to launch a new generation of volume electric cars, the major automakers are following Tesla’s [NSDQ:TSLA] lead of rolling out charging infrastructure... read more November 29, 2016 by


 
Volkswagen Plant, Wolfsburg, Germany (photo by Richard Bartz)

VW, Audi, Porsche reportedly racing for resources in boardroom battle royale

Now that Audi and Porsche won't be fighting for LeMans titles, the brands have taken their epic battle to the boardroom to compete for dwindling research and program cash... read more November 28, 2016 by


 
Peter Mertens

Audi hires former Volvo exec as new R&D chief

Audi has named former Volvo executive Peter Mertens as its new R&D chief. Mertens is one of the first from outside the company to be given a top role at the Volkswagen... read more November 28, 2016 by


 
2017 Lotus Exige Sport 380

Lotus launches Exige Sport 380

Lotus is in the best financial shape it’s been in perhaps in its entirety. CEO Jean-Marc Gales has revealed that the company has turned in its first operating profit in... read more November 24, 2016 by


 
Volkswagen ID electric car concept, 2016 Paris auto show

VW rules out diesels for US while confirming North American electric car production

As it continues to deal with its diesel emissions scandal and push into electric cars, the Volkswagen Group in the past week has been making statements on future strategy. On... read more November 23, 2016 by


 
2017 Volkswagen e-Golf

VW to build e-Golf at Transparent Factory

Volkswagen’s famous Transparent Factory in the German city of Dresden will soon be churning out cars again. The plant, which features glass walls and an open-plan... read more November 22, 2016 by


 
McLaren P1

McLaren confirms talks with Apple took place

A lot has been going on behind the scenes at McLaren and slowly details of the dealings are starting to emerge. In September, the Financial Times reported that Apple... read more November 22, 2016 by


 
Volkswagen plant

VW Group to reduce workforce by 30,000

Volkswagen on Friday announced plans to significantly reduce its workforce over the coming years as it deals with its costly diesel emissions scandal and push into electric... read more November 21, 2016 by


 
SolarCity roof tile-replacing solar panels

Shareholders approve Tesla’s acquisition of SolarCity

Shareholders have approved Tesla’s [NSDQ:TSLA] acquisition of solar installation company SolarCity, a deal that’s expected to be completed within days... read more November 18, 2016 by


 
Ron Dennis

In spat with shareholders, Ron Dennis loses head role at McLaren

The rumors that emerged in October suggesting Ron Dennis was about to leave McLaren after 36 years have proven true. The 69-year-old, Chairman, CEO and founder of the McLaren... read more November 15, 2016 by


 
Harman and Samsung

Samsung to buy Harman in $8B deal

Samsung is making a major push into the in-car electronics game with the acquisition of Harman [NYSE:HAR] in a deal worth $8 billion. The Korean electronics giant will pay... read more November 14, 2016 by


 
2017 Audi Allroad

VW admits Audi transmission distorts emissions during tests

On November 6, German media first reported that certain automatic transmissions used in gasoline- and diesel-powered Audi cars had software that could determine whether the... read more November 14, 2016 by


 
Tesla Gigafactory battery plant in Nevada

Tesla confirms European Gigafactory

Tesla [NSDQ:TSLA] CEO Elon Musk confirmed on Tuesday that the company’s next major plant, referred to as a Gigafactory, will be located in Europe. Musk made the... read more November 10, 2016 by


 
Tesla Model 3

Tesla buys German automation systems firm

Tesla [NSDQ:TSLA] on Tuesday announced it has entered an agreement to buy privately-owned Grohmann Engineering. Upon completion of the deal, estimated to be in early 2017... read more November 9, 2016 by


 
 

 
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