Electric-car startup Byton understands that the road to success is littered with plenty of broken-down dreams. The new EV company's executives, though, figure things are different now, to the point that arriving a bit late to the party is actually a good thing. Whether you're looking at Faraday Future or Lucid or Nio or Tesla, the co-founders of... Startup Byton: electric cars aren’t the innovation; connectivity, personal tech features are
Electric-car startup Byton understands that the road to success is littered with plenty of broken-down dreams. The new EV company's executives, though, figure things are different now, to the point that arriving a bit late to the party is actually a good thing. Whether you're looking at Faraday Future or Lucid or Nio or Tesla, the co-founders of...
It's only fitting that the country making a monumental push for more electric vehicles is getting the world's biggest Tesla Supercharger stations. Tesla's website shows more than 150 Supercharger locations are now operating in China. But its two new locations in Shanghai and Beijing are the largest Supercharger sites in the world: Each is big...
How, where, when, and to what degree electric cars will increase their share of the world's billion-plus vehicle fleet is a topic of much debate these days. Combined with autonomy, connectivity, and sharing, the growing electrification of personal vehicles is a major transition for carmakers old and new. Now, with governments increasingly focused...
Although Elon Musk is the name now associated with Tesla, the current CEO was not a founding figure in the electric-car startup. That honor goes to two men, Martin Eberhard and Marc Tarpenning. Eberhard subsequently sparred with Musk in and outside of court. Following his time at Tesla, Eberhard moved on to consult for Volkswagen and eventually...
Toyota made its future battery-electric car project public this past April after an "agonizing" decision to depart from its sole focus on a future powered by hydrogen fuel cells as its sole zero-emission vehicle technology. Mostly, that shift is due to China and India—two major auto markets that call for phasing out the internal-combustion...
The first automobile was invented in Germany in 1885 by Karl Benz, but it was the U.S. that led the building of the global 20th-century automobile industry. Through the turn of the current century, the U.S. new-vehicle market was the world's largest, and General Motors was for decades the world's largest car company. Neither of those is still the...
Nio, the electric-car maker formerly known as NextEV, has raised a substantial amount of money in its latest round of fundraising. The Chinese startup reportedly received a stunning $1 billion in funding, with Chinese investment powerhouse Tencent leading the charge. Notably, Tencent also holds a stake in Silicon Valley automaker Tesla. DON'T...
Most reports on startup electric-car maker Faraday Future tend to describe it as "struggling," and that may be an understatement. It halted work at its Nevada-based production facility in 2016; the startup company's main backer, China's LeEco, acknowledged this past May it was experiencing financial problems; and Faraday Future has been clamoring...
Presuming China sticks to its statement that it will ban sales of new vehicles with combustion engines in some future year, the auto industry is facing a very different future than it was a year ago. Similar bans from Norway, The Netherlands, France, and the U.K. all represented smaller markets, but China is by far the world's largest single...
General Motors CEO Mary Barra appeared Tuesday to walk back from earlier statements that China would be artificially creating demand by mandating electric cars in the future. “Clearly we believe that the Chinese market will have the highest electric vehicles most quickly because of the regulatory environment,” she said, according to...
For years, renewable energy has been cast as the most expensive option to reduce emissions and the world's reliance on fossil fuels. But 2016 may have marked a turn for the renewable energy sector, with solar energy in particular rising significantly in output. For the first time in history, renewable energy sources accounted for fully two-thirds...
In the coming years, the world's auto industry will continue to shift its product mix to electric and electrified vehicles to meet growing concerns over carbon emissions and stringent fuel-economy regulations across the globe. However, the passenger-car segment isn't the only area that will see electric powertrains implemented. A new study...
Many automakers have announced they will electrify entire vehicle portfolios in the years to come. With more electrified cars on the road, battery production will become increasingly more important. Adding to the positive outlook for lithium-ion cell makers is Volkswagen's potential partnership with CATL (Contemporary Amperex Technology Company...
You may not have heard it happen, but the global automotive industry changed forever on Thursday. China released its plan to require substantial sales of plug-in electric cars by all makers who want to sell in the world's largest car market, and they start in little more than a year. The levels far exceed those required by California, whose...
With China mulling an eventual ban on sales of cars with gasoline or diesel engines, the world's largest car market made it clear earlier this month that it intends to force a conversion to zero-emission vehicles. Now California, which has led the U.S. in environmental awareness and emission reduction for decades, is doing the same. Governor Jerry...
While the United States federal government threatens to backslide on renewable energy, California and China continue to move at an aggressive pace to lead the world in zero-emission vehicles. However, there's another piece to the electric-car puzzle that China seems poised to lead as well: battery production. As the global market for electric and...
China's announcement 10 days ago that it was assessing a timetable for ending sales of new cars with gasoline or diesel engines continues to reverberate. The country intends to dominate global production of lithium-ion battery cells and electric vehicles, for a host of reasons from industrial power through air pollution to energy security. A new...