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Archive for the ‘EVs’ Category

“Boutique” EV Company, Now Named Canoo, Plans to Market by Subscription Only

Former Evelozcity, wants to change the way cars are designed, built and marketed.

by on Mar.26, 2019

Canoo's leadership team is looking to change the way electric vehicles are built and bought.

In a market crowded with wannabe battery-car manufacturers, Los Angeles-based Canoo hopes to create a niche for itself with what’s its describing as a vehicle using “minimalist design that maximizes interior space.”

“Boutique” start-up Canoo is trying to to pitch itself as the alternative to conventional automotive manufacturers, as well as some of its new EV competitors, among other things by “Liberating you from the tyranny of auto ownership.” That translates into offering its planned products only through a subscription service.

Electrifying News!

Originally known as Evelozcity, Canoo has yet to show any of the vehicles it’s planning to bring to market, something that might raise questions about the start-up’s viability. But to gain at least a little credibility, the company has announced it is hiring three battery-car veterans from BMW and rival EV wannabe Faraday Future. (more…)

Tesla Fights SEC’s Claims about Musk Tweets

Company contents Musk not required to clear every tweet.

by on Mar.25, 2019

Elon Musk's lawyers contend he is not in contempt of court due to tweet that said the EV maker could build 500,000 vehicles in 2019.

The ongoing back and forth between the U.S. Securities and Exchange Commission and Tesla CEO Elon Musk and the company came to a head in court filings in Manhattan Friday and earlier today with Musk’s attorneys contending he did nothing wrong.

The SEC believes the brash leader of the California-based electric vehicle maker is in contempt of court for a tweet he published on Feb. 19 that the company could build about 500,000 vehicles in 2019. Musk did not get the tweet reviewed by the company’s legal team before posting it.

News Now!

The agency called it a “blatant” violation of the fraud settlement agreement the sides agreed to last year. In addition to getting “material” tweets cleared he and Tesla each paid $20 million fines and he gave up his title as Chairman of the company. (more…)

Deal with Mobile Gaming Company May Save Faraday Future

California-based EV maker to launch a “two-brand strategy” in China.

by on Mar.25, 2019

Faraday Future has been at death's door for several months now, but a new deal with an investor may clear the way for its return to life.

Once again, struggling battery-carmaker Faraday Future may have found a way back from the abyss, this time with the help of Chinese mobile gaming company The9 Limited.

The California-based FF is getting a $600 million lifeline from The9 as part of a new, 50/50 joint venture that will target the Chinese market with a new battery-electric vehicle based on Faraday’s FF91 concept.

News You Can Trust!

Only a handful of details have yet to be released but the long-troubled Faraday said the plan is to produce up to 300,000 vehicles in China. It also said it will have the right to produce additional vehicles in China in the future. (more…)

Oslo First City to Institute Wireless Charging for Electric Vehicles

City wants taxis to be zero-emission vehicles by 2023.

by on Mar.22, 2019

Oslo wants to install induction plates into taxi stands to allow them recharge wirelessly by 2023.

One of the issues limiting the appeal of electric vehicles is recharging, but Oslo, Norway will be the world’s first city to mitigate that problem as it will install wireless charging systems for taxi cabs.

The city is requiring all of its taxis be zero-emission vehicles by 2023 while Norway is requiring all new vehicles sold in the country be the same by 2025. The new induction-based chargers aim to make recharging quick and easy, according to Finnish utility Fortum.

The Last Word!

“The future is electric, and it is already here, right now. Wireless charging is a potential game changer,” said Sture Portvik, Oslo’s electro mobility manager, in a statement. “From 2023 onward, all taxis in Oslo will be zero emission.  (more…)

GM Investing $300M in Detroit-Area Plant for New EVs

Barra declines to reveal contents of Trump phone call.

by on Mar.22, 2019

GM Chairman and CEO Mary Barra discusses the addition of 400 new jobs at the plant in Orion, Michigan.

General Motors continues its push toward an electric future by investing $300 million in a metro Detroit assembly plant to build a new Chevrolet battery-electric vehicle. The new investment also means 400 new jobs at the site.

The project is part of a broader, $1.8 billion U.S. investment program, CEO Mary Barra revealed Friday morning. The announcement comes just two days after President Donald Trump fired the latest in a series of broadsides at the automaker over its plan to close four U.S plants, including two assembly lines.

News Now!

“We are excited to bring these jobs and this investment to the U.S.,” Barra said in prepared remarks. (more…)

Tesla Sues Former Employees for Theft of Autopilot Code, Trade Secrets

Engineer swiped info before leaving to join Chinese company.

by on Mar.21, 2019

Tesla is now fending off corporate espionage from competitors like Zoox and Xiopeng by filing suits against employees for stealing corporate secrets.

Just days after bragging about the company’s plans in China, Tesla CEO Elon Musk is suing former employees for stealing from the EV maker as they left to join Chinese automakers Zoox and Xiopeng Motors.

The company filed two suits against separate sets of former employees in California. In the case of Zoox, automaker claims that four former employees stole “proprietary information and trade secrets to help Zoox leapfrog past years of work needed to develop and run its own warehousing, logistics, and inventory control operations.”

News Now!

Scott Turner, Sydney Cooper, Christian Dement, and Craigh Emigh “absconded with select proprietary Tesla documents useful to their new employer,” according to the filing. Additionally, one of the four used the info to recruit other Tesla employees.  (more…)

Ford Investing $900M in Second EV Plant, AV Facility in Michigan

New operation set to open in 2023, add 900 workers.

by on Mar.20, 2019

Ford is planning to use its underutilized plant in Flat Rock, Michigan, to build electric vehicles starting in 2023.

Ford Motor Co. will invest $900 million in two Detroit-area facilities meant to focus on the cars of the future.

The bulk of the investment, about $850 million, will go to Ford’s now under-utilized Flat Rock facility that will become the automaker’s second source for pure battery-electric vehicles, or BEVs, in the process creating 900 new jobs. The rest will fund what the automaker is describing as an “Autonomous Vehicle center,” where conventional vehicles will be modified to operate hands-free and even entirely without a driver.

Product News!

Ford was one of the earliest of the automakers to focus on battery-based powertrain technology, though it won’t bring out its first long-range all-electric model until next year, a “Mustang-inspired” SUV expected to take aim at the new Tesla Model Y. It will be produced at Ford’s first battery-electric vehicle plant in Cuautitlan, Mexico. (more…)

SEC Says Musk’s Response to Lawsuit “Borders on the Ridiculous”

Regulators tell court Tesla CEO failed to clear a single tweet with automaker per settlement.

by on Mar.19, 2019

Tesla CEO Elon Musk shown during last week's unveiling of the new Model Y.

Federal regulators have shot back at Tesla CEO Elon Musk in their battle over a contempt-of-court lawsuit, claiming the 47-year-old executive’s legal argument “borders on the ridiculous.”

The case stems from a tweet Musk filed last month declaring that Tesla would produce 500,000 vehicles this year. The Securities and Exchange Commission considered that “material” guidance which, under terms of a separate case last year, required the CEO to first get the approval of the company. But, the SEC said in a new filing, Musk has not cleared a single tweet with Tesla as he had agreed to.

Breaking News!

The lawsuit is being heard by U.S. Judge Alison Nathan who could hold Musk in contempt and levy fine or other forms of punishment. The Tesla executive was already forced to relinquish his post as chairman and could now be removed as the automaker’s chief executive officer.

(more…)

Aiming to Launch Tesla Model Y Challenger in 2021, Fisker Searching for Plant Site

Electric SUV planned at "below $40,000."

by on Mar.18, 2019

The Fisker SUV will adopt an SUV style and offer more interior space than the typical ute by placing key components under the floorboard.

Long-time automotive designer and entrepreneur Henrik Fisker is readying a challenger to the upcoming Tesla Model Y that will be ready for production during the second half of 2021 at a price of “below $40,000.”

With a range estimated at “around” 300 miles, Fisker Inc. plans to produce it at a factory in the U.S. and is currently searching for a plant site in one of eight states, the Danish-born executive told TheDetroitBureau.com in an exclusive interview. The company is putting an emphasis on acquiring an existing factory, preferably one of the many abandoned auto plants around the U.S.

Beyond the Headlines!

“We hope to pick a site within the next eight to 10 weeks,” Fisker said, noting that a Midwest site with ready access to existing suppliers is high on the priority list, though the final choice would also be impacted by available incentives.

(more…)

Cadillac’s New CT5 Revealed Through a “Sensory Symphony”

“We’re very much committed to sedans,” says brand boss Carlisle.

by on Mar.18, 2019

The Sport edition of the 2020 Cadillac CT5.

Hoping to rebuild momentum for its struggling turnaround strategy, Cadillac has been putting a premium on SUVs, rolling out new models like the XT4 and XT6 this past year and preparing to upgrade the older XT5 and Escalade models, as well.

That’s a logical move, considering utility vehicles now dominate the luxury car market. But General Motors’ flagship brand isn’t abandoning its more traditional product family. The CT5, the new midsize sedan that will be replacing the old CTS, is making its debut today through a broad social media campaign it is calling a “Sensory Symphony,” ahead of its more formal appearance at the New York International Auto Show next month.

Product News!

“We’re very much committed to sedans. Let me clear the air about that,” said Caddy President Steve Carlisle said during a media background briefing.

(more…)