Fisker gets Caterpillar investment for solid-state battery tech

Fisker EMotionHenrik Fisker has been sketching out big plans—well beyond cars—for the solid-state battery technology being developed by a Fisker Inc. team. And now it appears that the heavy-equipment maker Caterpillar has given it some vote of confidence. On Oct. 22, both companies announced that a Caterpillar-owned venture group invested in the...

Hyundai unplugs its electric-car subscription plan

2019 Hyundai Ioniq ElectricHyundai’s “Unlimited+” electric-car subscription plan, which was only offered in Southern California but originally destined for wider rollout, won’t be coming back at all on the 2019 Hyundai Ioniq Electric, the automaker confirmed last week. When the program was first offered on initial 2017 Ioniq Electric models it...

Volkswagen XL1 eco halo already a sound investment?

2015 Volkswagen XL1  -  Silverstone Auctions sale, November 10, 2018It’s been less than five years since Volkswagen produced its limited run of just 250 XL1 plug-in diesel hybrid coupes, of which only 200 were sold to retail buyers. The Volkswagen XL1 has all the makings of an instant collectible, with its combination of low production volume (just 200 sold), advanced materials, futuristic design, exotic-car...