Towards the end of last year, Faraday Future was said to have secured some fresh source of funding. The electric car start-up has now confirmed receipt of $2 billion to aid in the construction of its first EV by the end of the year.
Hyundai is partnering with Wärtsilä, a Finnish energy storage firm, to make use of the so-called second life electric car batteries for stationary energy storage.
NIO is constructing a production factory in Shanghai and has a ready team of more than 5,000 engineers at its research center. The company aims to have its first car, the ES8 Sports Utility Vehicle, mass produced and ready for sale by the end of 2018.
An Australian graphite business plans to make concrete that will conduct electricity and charge electric vehicles as they drive, among other intriguing tasks.
Jaguar has overtaken its European competition and unleashed a brand that fully utilizes two of the rapidly growing segments in the auto industry; electric vehicles and SUVs.
The National Highway Traffic Safety Administration (NHTSA) issued a cease-and-desist order to the manufacturers of the equipment, saying that it endangers the lives of the drivers and other road users.
Car manufacturers are among a group of more than 50 businesses, environmentalists, clean air campaigners and consumer advocates to reveal a new national vision for a clean, modern, and electrified future of mobility.
The full-electric vehicle will be released later this year as a 2019 model and boasts of a 250-mile range. This places the 2019 Hyundai EV on the same level as the Chevrolet bolt and the Tesla models.
A study carried out in March revealed that the larger 30 kWh Nissan leaf battery pack had a higher rate of battery degradation than the 24 kWh.
According to the company, a 1 billion dollar green car plant is coming up in southern India to manufacture the electric vehicle. Kia doesn't currently have any of their cars in the Indian market. It's a huge move to decide to start with an EV.