As Tesla stock soars, electric-car startup Fisker Inc. announced Monday that it plans to become a publicly-listed company. In order to go public, Fisker will merge with Spartan Energy Acquisition Corp., a special purpose acquisition firm backed by private equity firm Apollo Global Management. The deal values the combined companies at $2.9 million... As Tesla stock soars, Fisker intends to go public
As Tesla stock soars, electric-car startup Fisker Inc. announced Monday that it plans to become a publicly-listed company. In order to go public, Fisker will merge with Spartan Energy Acquisition Corp., a special purpose acquisition firm backed by private equity firm Apollo Global Management. The deal values the combined companies at $2.9 million... 
Honda and Chinese battery maker CATL have inked a long-term partnership, including use of CATL batteries in Honda electric cars, as well as joint development of battery technology. The first Honda model with CATL batteries is scheduled to launch in the Chinese market in 2022, Honda said in a press release Friday. The partnership also encompasses... 
Ford is bringing back the Bronco, which to many Americans has meant an iconic “tough truck” SUV counterpoint to the Mustang coupe and convertible for several decades. The two- and four-door Bronco and the smaller four-door Bronco Sport revealed Monday embrace the heritage of the brand to a T. They’re both boxy vehicles with retro... 
Tesla lowered prices on the Model Y, and boosted charge rates on some of its other models. The Volkswagen ID.3 will tread lightly with range-extending rubber. Rivian is now flush with a new round of funding. And we rounded up all we know on the upcoming GMC Hummer EV models. This and more, here at Green Car Reports. With a fresh round of funding... 
Tesla lowered the price of the Model Y Long Range AWD by $3,000 on Saturday. The other current version offered, the Model Y Performance, received a $1,000 price drop. That brings the effective price to $51,190 for the Long Range and $61,190 for the Performance, including the $1,200 destination fee. Over the past couple of years, Tesla has... 
The Volkswagen ID.3 electric car sports special tires to help extend its range. The Turanza Eco tires were specially engineered for the hatchback, and feature lower rolling resistance and lower weight than previous rubber, according to manufacturer Bridgestone. Their rolling resistance is 30% lower than standard premium summer tires, a Bridgestone... 
EV firm Rivian hasn't delivered a single vehicle yet, but the company has raised roughly $5.3 billion since early 2019. Rivian said Friday that it had just closed a $2.5 billion funding round, its first of 2020. The financing was led by funds and accounts advised by T. Rowe Price Associates, Inc., a Rivian press release said. The latest funding... 
In fall 2021, GM will bring back Hummer—a brand once maligned by environmentalists—with a set of zero-tailpipe-emissions electric vehicles aimed at weekend adventurers. With that timing, 2022 GMC Hummer EV models will likely arrive after the Rivian R1T and R1S but before the Tesla Cybertruck—as well as a long list of other... 
An automaker bearing what familiar design-savvy name garnered renewed attention this week? Which automaker referred to the “diminishing returns” of heavy batteries to power big electric SUVs? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending July 10, 2020. Far and away, our... 
You’ve got to be kidding. That was my reaction when I first heard that the fastest Porsche SUV ever was also a plug-in hybrid with what Porsche claimed to be meaningful all-electric range. To skeptics, this 670-horsepower machine with a 0-60 mph time of 3.6 seconds and a top speed of 183 mph might read as a grudge-match move—a... 
Another report emphasizes the importance of making ride-hailing all-electric. Fisker is moving ahead with development. And we plugged in the fastest Porsche SUV ever. This and more, here at Green Car Reports. Fisker announced that it’s getting new funding to push ahead with development of its Ocean electric vehicle—and that it’s... 
Electric cars could deliver even greater environmental benefits if they were to be used by ride-hailing services like Uber and Lyft than if they were to go to private use, according to a new study from the University of California, Davis. Replacing a gasoline ride-hailing vehicle with an EV can deliver three times the carbon reduction of a... 
Electric-car startup Fisker Inc. announced Thursday that it had hired several new executives, and secured $50 million in funding for development of its Ocean SUV, due in 2022. The financing came through a Series C funding round led by Moore Strategic Ventures LLC, the private investment vehicle of Louis M. Bacon, according to a Fisker press... 
Supplies are already pinched for the RAV4 Prime. London’s black cab tries on plug-in delivery-van duty. And another plug-in hybrid Audi is U.S.-bound. This and more, here at Green Car Reports. Audi has confirmed that the A7 plug-in hybrid fastback is arriving to U.S. showrooms this fall. With a heat pump for the climate control and... 
Toyota confirmed Wednesday that “unforeseen battery supply constraints” may keep its RAV4 Prime plug-in hybrid in short supply through at least the end of this year. The automaker had stated last month that it would be targeting 20,000 RAV4 Prime sales per year in the U.S., with an initial 5,000 deliveries anticipated through the end... 
The company that made London's iconic black cab greener is now doing the same with delivery vans. London Electric Vehicle Company (LEVC) is using its extended-range electric taxi as the basis for a new van. Called the VN5, it's currently available to order, with deliveries of right-hand drive vehicles for the United Kingdom scheduled to begin... 
Audi is adding a third plug-in hybrid model to its United States lineup. The 2021 Audi A7 55 TFSI e will join the Q5 55 TFSI e crossover and A8 60 TFSI e sedan in U.S. showrooms this fall, the automaker announced Wednesday. The A7 plug-in hybrid uses a 2.0-liter turbocharged inline-4 gasoline engine and 7-speed dual-clutch transmission, with an... 
Lucid says more about how it plans to sell and support the Air electric car. The former Smart factory, a hub for electric-car expertise, might be put to task building thirsty SUVs. Audi pulls the wraps off a more dynamic-looking version of the Q4 E-Tron, and its specialized EV team is reportedly working on an electric flagship for the brand. This... 
Here's a textbook case of taking two steps forward, and one step back. The former Smart factory in Hambach, France, became all-electric when the brand dropped its gasoline models, and was initially planned to continue making electric cars for fellow Daimler division Mercedes-Benz. Instead, the factory may build gasoline and diesel SUVs. That's... 
The "highly efficient electric car" Audi said was being developed by its new Artemis team for 2024 won't be a compact vehicle as originally expected, but a large flagship sedan, Autocar reported Monday. The new model has the internal codename E6, but could take on the A9 E-Tron name for production, the magazine reported, citing anonymous sources...