EV Startup Fisker Inc to Produce its Second Vehicle in Ohio at Foxconn’s Newly Acquired Factory

Electric vehicle startup Fisker Inc confirmed that it will produce its second EV dubbed PEAR at Foxconn’s newly acquired factory in Ohio that it purchased from electric truck maker Lordstown Motors. The Fisker PEAR will enter production in 2024. Both the Fisker and Foxconn teams are fully engaged and expect to build a minimum of 250,000 Fisker PEAR units a year at the plant after a ramp up period.

Eric Walz2022-06-18 09:30 PT

Redwood Materials is Launching a EV Battery Recycling Program in California with Support From Ford Motor Co & Volvo Cars

Electric vehicle battery recycling startup Redwood Materials is launching a comprehensive battery recycling program in California. The company will establish an efficient and safe and effective way to recycle end-of-life hybrid and electric vehicle battery packs. Automakers Ford Motor Co and Volvo Cars will be the first to directly support the program.

Eric Walz2022-03-26 11:45 PT

EV Startup Fisker Opens Up Reservations for its 'Revolutionary' New Vehicle Being Built by Foxconn

California-based EV startup Fisker Inc tapped Foxconn to build its second EV that's under development in a secretive project code named PEAR, which is short for “Personal Electric Vehicle Revolution”. Now Fisker announced it has opened reservations for the new EV, which will debut in 2024.

Eric Walz2022-03-24 09:30 PT

XPeng Announces its Q3 Financial Results, Continues to Post Record EV Sales

Electric carmaker and Tesla challenger XPeng Inc. continues to post record sales in China's growing EV market. The company announced its Q3 financial results for the three months ending Sept 30, 2021 and it's another record breaking quarter.

FutureCar Staff 2021-12-30 09:45 PT

UPS is Working to Secure its Future with New Partnerships for Electric & Self-Driving Vehicles

plans to add both fully-electric and self-driving vehicles to its fleet of delivery vehicles and announced today two new partnerships—one with Waymo and the other with UK-based electric vehicle startup Arrival Ltd.

FutureCar Staff 2020-03-06 16:40 PT

SK Innovation Plans to Build a EV Battery Plant in the U.S. to Meet Demand

Kim Jun, the chief executive of South Korea’s SK Innovation Co Ltd, said that the company plans to build a second electric vehicle (EV) battery plant in the U.S. and is considering expanding another factory in Hungary to meet soaring demand for EV cells.

Eric Walz2020-02-16 12:30 PT

Polestar Opens Dealership in Oslo, Will Focus on China, U.S., Europe in 2020

Oslo, Norway may seem like an odd place for Volvo’s Polestar to open up its first dealership, but the country has a large number of electric vehicles and individuals that are interested in EVs. Polestar, though, will be focusing on expanding to other parts of the world in 2020.

Vineeth Joel Patel2019-12-18 06:00 PT

Volvo, Geely Merging Combustion Engine Operations in a Move to EVs

Volvo and Geely announced plans to combine their engine operations into one company, as the automaker looks to shift toward a lineup with only electrified vehicles.

Vineeth Joel Patel2019-11-20 06:00 PT

Audi’s Latest PPE Platform Is Part of a Four-Pronged EV Approach

The Premium Platform Electric platform is being produced with some help from Porsche and will help Volkswagen Group come out with numerous electric cars.

Vineeth Joel Patel2019-11-19 05:00 PT

Volvo Preparing to Debut Its First EV in October

The electric car will be a battery-powered version of the subcompact XC40 and have a two-motor design.

Vineeth Joel Patel2019-11-07 07:30 PT

Tesla Reportedly Working on a Million-Mile Battery Pack

While Tesla’s CEO, Elon Musk, has a habit of making bold claims, a scientific study proves that this one isn’t as farfetched as it sounds.

Vineeth Joel Patel2019-11-05 05:00 PT

General Motors CEO Sets Sights on Selling 1 Million EVs Annually

Small block V8s may have helped General Motors become popular, but the American brand is looking toward EVs as the future.

Vineeth Joel Patel2019-11-04 06:00 PT

Mazda Introducing its First EV Next Month

Electric vehicles are the way forward and Mazda wants to join the electric-vehicle party with a new model that’s set to debut at the Tokyo Auto Show.

Vineeth Joel Patel2019-10-31 06:00 PT

Tesla May Be Popular in the U.S., But Nissan’s Leaf Is Still the Global EV King

The Tesla Model 3 has only been on the market since 2017, but the electric vehicle has already captured a staggering 67 percent of the market in the U.S. Unfortunately, it’s not enough to take control globally.

Vineeth Joel Patel2019-10-22 06:00 PT

Audi’s AI:Trail Quattro Concept Is the Autonomous, EV That Looks out of This World

The automaker’s latest concept looks like it’s out of a science-fiction movie, which has us wondering what exactly will make it to commercial vehicles from this concept.

Vineeth Joel Patel2019-10-21 11:45 PT

Mercedes-Benz Vision EQS Concept Is a Take on Modern Luxury

The new EQS Concept that was unveiled at the Frankfurt Motor Show joins the “EQ” family of electric cars and showcases the possibility of a modular electric platform.

Vineeth Joel Patel2019-10-21 06:00 PT

Audi Close to Solidifying EV Battery Deal With China’s BYD, Report

BYD Co. is looking for lithium-ion batteries for its electric vehicles and the Chinese company is currently negotiating a deal with Audi.

Vineeth Joel Patel2019-10-15 06:00 PT

Ford’s Electric Vehicle Plan Relies on Electrifying Well-Known Models

Ford’s finally getting serious about having an electric strategy, which includes coming out with four electric vehicles by 2022.

Vineeth Joel Patel2019-10-14 08:30 PT

Electric Vehicle Sales Fall After China Scales Back Subsidies

China, the world’s largest automotive market, cut back subsidies for electric vehicles. The small act resulted in the first time electric car sales fell by 14 percent.

Vineeth Joel Patel2019-10-13 13:45 PT

First Electric Lexus Reported to Be City-Oriented Hatchback

Instead of targeting Tesla with a long-range machine, Lexus is interested in carving out a niche for city dwellers with its first EV.

Vineeth Joel Patel2019-10-08 07:00 PT