Wednesday, 14 Nov 2018
Category: electric vehicles

China has put the automotive renaissance into hyper drive

Matt Stone Contributor Share on Twitter Matt Stone is a business development manager at Intel Capital, with a focus on automotive technology and transportation. A tri-fold automotive renaissance, led by technology, has been playing out over the past few years. Electric vehicles finally have been embraced by mainstream consumers — and elevated by Tesla with […]

Lucid Motors secures $1 billion from Saudi wealth fund to launch the Air

Saudi Arabia’s sovereign wealth fund is investing $1 billion into Lucid Motors, capital that will finance the commercial launch of the startup’s first electric vehicle. The agreement comes just six weeks after Tesla CEO Elon Musk tweeted that he was considering taking Tesla private at $420 a share and had secured the proper funding to […]

Introducing Rapide E, Aston Martin’s first electric sports car

Aston Martin is finally sharing some specs and a couple of teaser photos of the upcoming Rapide E, the British automaker’s first all-electric sports car. The upshot: It’ll be fast and rare. The company will only make 155 of the Rapide E, which will be powered by an 800-volt battery system with 65 kilowatt-hour capacity. (Pretty sure […]

Ford’s plan to turn Detroit’s oldest neighborhood into an electric, AV hub

Ford will spend the next four years transforming at least 1.2 million square feet of space in Corktown — Detroit’s oldest neighborhood — into a hub for its electric and autonomous vehicles businesses. But the automaker’s ultimate aim goes beyond just building a new campus. The goal is to create a “mobility corridor,” — Ford’s version of […]

Upstarts emerge to chase Tesla’s lead in electric vehicles

A slew of well-funded new entrants backed by massive amounts of capital are chasing Tesla’s lead in an effort to power the next generation of the electric vehicle industry. Electric vehicle startups have raised more than $2 billion in the U.S. over the first months of 2018 alone, a huge increase over the $650 million […]