As it works toward moving past its diesel-emissions scandal, the Volkswagen Group is making ambitious plans for electric cars. By 2025, the company hopes to be selling 1 million electric cars per year, and it has said it will launch 30 different electric models across multiple brands in the coming years. Now VW says some of those cars may be built...
Lucid Motors has become the latest startup automaker proposing to build electric cars in the U.S. The company—formerly known as Atieva—says it plans to break ground next year on a new factory in Casa Grande, Arizona. Lucid will begin production of its first electric car by 2018, it said in a statement, and expects to employ more than...
Tesla Motors is facing a huge increase its production output in order to meet the ambitious goals set by CEO Elon Musk. He says he expects the company produce 500,000 electric cars per year by 2018. Much of that volume will come from the Model 3, the 215-mile, $35,000 sedan Tesla unveiled earlier this year, and plans to put into production by the...
Faraday Future's ambitious plans to launch a production electric car in less than two years appear to have hit a snag. Before the Chinese-backed startup can begin production, it needs to complete a new factory in North Las Vegas, Nevada, which has a stated cost of $1 billion. Last month, lead contractor AECOM warned Faraday that it was late on a...
As it works to pull itself out of the quagmire of the ongoing diesel-emissions scandal, VW Group has ambitious plans to add more electric cars to its lineup. Right now, the only electric car Volkswagen sells in multiple regions under its own brand its the e-Golf, an all-electric variant of the popular hatchback. But the company plans to launch 30...
The Faraday Future company has said it aims to put its first electric car into production within two years. To achieve that goal, the company is building a new factory in North Las Vegas, Nevada, at a stated cost of $1 billion. Faraday broke ground on the factory in April, although significant work did not begin until July. Now, it may have halted...
Plug-in electric cars are going to be a bigger part of the vehicle mix in future than they have been to date. That much is abundantly clear. Electric cars are one of four significant forces that will likely change what we think of as an "automobile" forever, the others being autonomy, connectivity, and sharing. DON'T MISS: Tesla and China: why an...
Mercedes-Benz parent Daimler is pushing for more electric cars, and that has the company's labor leaders thinking about how such a shift might affect its workers. Electric motors and drivetrains require far fewer components than internal-combustion engines, meaning fewer workers are needed to assemble them. The technical knowledge needed to design...
They may be known as the "Detroit Three," but the biggest U.S. automakers are exporting production of small cars elsewhere. Ford confirmed yesterday that it will move small-car production to Mexico, joining Fiat Chrysler Automobiles (FCA) in eliminating small passenger cars from its U.S. factories. Two years hence, only General Motors will still...
In a recent shareholder letter, CEO Elon Musk described a factory that would build battery packs for a future mass-market electric car.