Honda Prologue EV was designed virtually, won’t look like related GM EVs

Honda Prologue design sketchThe Honda Prologue electric SUV will be based on a General Motors platform, but Honda says it will get its own unique styling. The automaker on Wednesday released a video on the design process for the Prologue, which is scheduled to launch in 2024. The SUV will have a design theme called "Neo-Rugged," Honda said in an accompanying press release...

Faraday Future says it needs more funding to put FF91 into production

Production-intent Faraday Future FF91Faraday Future is pushing back the production launch of its FF91 electric SUV somewhat, to the "third or fourth quarter of 2022," and claiming it needs more cash, the company stated Monday in a filing. First reported by Bloomberg, the filing claims Faraday is in need of more cash to fund its operations through the end of the year. Faraday also...

With US assembly of ID.4, VW aims for higher EV sales

Volkswagen ID.4 built at ChattanoogaVolkswagen on Tuesday confirmed that production of customer-bound ID.4 models has started at its Chattanooga, Tennessee, plant. The occasion marks the first electric model the automaker has produced in the U.S. Volkswagen says that 190,000 units of the ID.4 have been delivered globally, but only a small fraction of that has been to the U.S., and...

Porsche claims it can be more profitable making EVs than gasoline vehicles

2023 Porsche TaycanSome automakers have expressed concern about EV costs, but not Porsche. The German automakers claims EVs can be more profitable than its current gasoline models, according to Automotive News. Ahead of a planned stock market listing later this year, Porsche is telling investors that exactly that, according to the report. But is there any substance...