Seres EV startup postpones US launch amid downsizing

2020 Seres SF5Seres, the startup electric carmaker formerly known as SF Motors, is shelving plans to bring a new electric car to market in the U.S. The electric-car company was founded in 2017 when the Chinese industrial company Sokon bought the battery-technology company founded by former Tesla CEO and founder Martin Eberhard. At the Shanghai auto show in...

Polestar 2 performance package cues rivalry with Tesla Model 3

Tesla Model 3 vs. Polestar 2Quite a few automakers are gunning for Tesla, especially startup automakers in Silicon Valley and China. Perhaps the most direct, credible threat, however, comes from Polestar, Volvo division that plans to focus on performance-oriented electric cars. The Polestar 2, planned to debut late this year, is aimed directly at the Tesla Model 3, with a...

Polestar 2 performance package cues Tesla Model 3 rivalry

Polestar 2Quite a few automakers are gunning for Tesla, especially startup automakers in Silicon Valley and China. Perhaps the most direct, credible threat, however, comes from Polestar, Volvo division that plans to focus on performance-oriented electric cars. The Polestar 2, planned to debut late this year, is aimed directly at the Tesla Model 3, with a...

Next-generation Fiat 500e electric car arrives for Europe in 2020

Fiat Concept Centoventi conceptFiat Chrysler Automobiles has announced plans to build up to 80,000 copies of a new electric Fiat 500 at the company's Mirafiori, Italy, factory starting in 2020. The company's chief operating officer for Europe, the Middle East, and Africa, Pietro Gorlier, told Reuters earlier this month that the new 500 will be a dedicated electric car. The...

Lexus developing electric-car platform, considering in-wheel motors

2019 Lexus ES 300hElectric cars are winning over even the most skeptical of automakers. Last month, Toyota announced it was teaming up with Subaru to develop a dedicated electric platform for a new SUV. Now the company's luxury division has told Digital Trends that it is also developing a new all-electric architecture for a future model. That's not all, though...

Tesla drops base Model S and X, again, in latest model-line shakeup

2019 Tesla Model SAnother cut in federal tax credits, another shakeup in Tesla's model lineup. Tesla has cut its prices to split the difference in cost to buyers after the federal tax credit on its cars dropped from $3,750 to $1,875 on July 1. The drop is part of an ongoing phase-out of Tesla's federal tax credit after the company reached 200,000 electric cars sold...