In the midst of the latest round of financial turmoil at the company, Faraday Future has lost a key executive, according to a report in the Verge. Peter Savagian was senior vice president at Faraday Future. And he was the chief engineer of General Motors' EV1, arguably the first mass-produced modern electric car. One anonymous source inside...
Less than a week after speaking out in favor of a national electric vehicle mandate, and in the shadow of Tesla reporting a profitable quarter, General Motors might be on the verge of announcing a radical change to its plans for future electric vehicles and plug-in hybrids in the U.S. The automaker is anticipated to make a major business...
The backlash builds over the EPA fuel-economy freeze; Hyundai’s subscription plan for the Ioniq Electric is gone; and Caterpillar shovels some money into Fisker for solid-state battery technology. All this and more on Green Car Reports. Honda has joined General Motors in calling for a comprehensive national fuel-economy program that would...
Henrik 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...
After a frenetic summer, Tesla reported some good results last week. But many more will have to follow.
Hyundai’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...
Honda joined General Motors on Friday and called on the EPA to abandon its proposed fuel-economy rollback, asking federal officials to negotiate with states like California to offer a single, comprehensive update to federal fuel-economy standards. Honda filed its comment Friday, the last day for public comments, on the Trump administration's plan...
It’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...
Which automaker managed to turn a profit, without ever making a model with an internal-combustion engine? And which automaker asked specifically for a national electric-vehicle mandate? This is Green Car Reports’ look back at the Week in Reverse, for the week ending October 26, 2018. We ended the week with an unexpected policy push from a...
Federal investigators may be looking into whether Tesla CEO Elon Musk knowingly lied to investors when he said that the automaker could build tens of thousands of Model 3 sedans by the end of 2017, the Wall Street Journal reported Friday. The newspaper reported that the FBI is looking closer at Musk's statements last year, including one in July...
