Starting a car company is not only very, very hard—as Tesla, Fisker, and many others testify—but requires breathtaking sums of money. Now struggling Faraday Future, the electric-car startup firm whose entrepreneurial Chinese backer is facing legal action in his home country, appears to have found a well-heeled savior. The new investor... Faraday Future promised $1.5 billion, says FF 91 will arrive by end of this year
Starting a car company is not only very, very hard—as Tesla, Fisker, and many others testify—but requires breathtaking sums of money. Now struggling Faraday Future, the electric-car startup firm whose entrepreneurial Chinese backer is facing legal action in his home country, appears to have found a well-heeled savior. The new investor... ![Chevrolet Bolt EV being charged outside Go Forth electric-car showroom, Portland [photo: Forth]](https://images.hgmsites.net/tmb/chevrolet-bolt-ev-being-charged-outside-go-forth-electric-car-showroom-portland-photo-forth_100606247_t.gif)
It hasn't emerged much into the public eye, but some advocates and auto-industry sources have had quiet discussions on whether the U.S. will continue to lead the world in electric-car technology in a new decade. California remains the epicenter of plug-in car adoption, with roughly half the country's electric-car sales over seven years recorded... 
Just a handful of companies today make the bulk of battery cells used in plug-in electric cars worldwide. Now the largest single maker of electric-vehicle cells in China has expanded its focus, from the home market to global markets and specifically the U.S. The name, CATL, may not be familiar to North American electric-car advocates, but the... 
Countries around the world—especially China, France, the U.K., and Norway—are aiming to phase out the sale of new fossil-fuel vehicles entirely between 2025 and 2040. So it's in automakers' best interests to begin planning and investing now in vehicle lineups that will comply with that regulatory environment when it comes. But the... 
It's rare that automakers let journalists or potential buyers drive or even ride in development prototypes. It's not unknown: Chevrolet did it with development versions of both its 2011 Volt range-extended electric car and the more recent 2017 Bolt EV battery-electric model. But it's a good way for a relatively unknown startup company to attract... 
For a century, the U.S. auto industry was the world's largest. That ended in 2009, when China's sales of 13.5 million new vehicles surpassed a recession-slammed U.S. total of 10.4 million. Last year, U.S. drivers bought 17.5 million new vehicles—against more than 30 million sales in China. DON'T MISS: Why China will beat U.S. in electric-car... 
Compared to previous years, overall car-sales growth in the U.S. has all but plateaued at around 17.5 million. China is doing little better, with growth reaching just 3 percent for 2017. But the Chinese new-vehicle market is undergoing a seismic shift in which types of cars are sold. Want proof? China sold 777,000 new-energy... ![Bus in Shenzhen, China, By GEei Ginhee wins (Own work) [CC BY-SA 4.0]](https://images.hgmsites.net/tmb/bus-in-shenzhen-china-by-geei-ginhee-wins-own-work-cc-by-sa-4-0_100638544_t.gif)
Over the last few years, the Chinese government has begun to push electric vehicles with all its might. In addition to incentivizing the purchase of electric vehicles, the central government has recently banned the sale of some 553 fossil-fuel passenger cars in the country. But when it comes to local concerns, a collection of municipalities... 
China has taken a major step toward cleaning up the new cars sold in the country beginning January 1. As numerous countries debate plans to end sales of fossil-fuel vehicles completely at points in the future, China has now forced the end of production for some 553 models, starting Monday. The vehicles, from a wide range of automakers, can no...