Cross the ubiquity of ordering a pizza with the form factor (and weight) of a backup “jerry can” of fuel and you’re close to what it seems the startup SparkCharge is attempting to produce with its new modular charging system. SparkCharge is a startup that won the top $1 million prize at the 43North pitch competition in 2018. It... With portable EV fast chargers, could backup juice be as easy as pizza delivery?
Cross the ubiquity of ordering a pizza with the form factor (and weight) of a backup “jerry can” of fuel and you’re close to what it seems the startup SparkCharge is attempting to produce with its new modular charging system. SparkCharge is a startup that won the top $1 million prize at the 43North pitch competition in 2018. It...
In the beginning, there was Tesla, although it wasn't started by current CEO Elon Musk. While Musk has now become synonymous with the electric-car brand, Tesla was actually founded by Martin Eberhard and Marc Tarpenning, who had previously founded and sold a eBook reader company. While both left the company in 2008, they have kept their hands in...
While Dyson may be best known worldwide for high-tech vacuum cleaners, the company has a strong affinity for what the British call "boffins," which roughly translates to "eccentric genius inventors." With a slight resemblance to Doc Brown of "Back to the Future" (as played by Christopher Lloyd), company founder James Dyson epitomizes the type. Now...
When a mysterious company called Rivian issued a mysterious video in January 2017, it promised to "reshape mobility." As is often the case, that has turned out to involve electric cars. A year later, the company has released a few more details about its plans and its team. DON'T MISS: Chinese electric-car startup Nio gets $1 billion in funding...
Starting a car company is not only very, very hard—as Tesla, Fisker, and many others testify—but requires breathtaking sums of money. Now struggling Faraday Future, the electric-car startup firm whose entrepreneurial Chinese backer is facing legal action in his home country, appears to have found a well-heeled savior. The new investor...
Struggling Faraday Future and its founding investor Jia Yueting are facing financial and legal woes that threaten the company's existence. Jia specifically has been placed on an official list of debt defaulters on a website run by the Chinese government after the LeEco founder failed to follow a court order stipulating he pay a debt of more than...
Electric-car startup Byton understands that the road to success is littered with plenty of broken-down dreams. The new EV company's executives, though, figure things are different now, to the point that arriving a bit late to the party is actually a good thing. Whether you're looking at Faraday Future or Lucid or Nio or Tesla, the co-founders of...
Nio, the electric-car maker formerly known as NextEV, has raised a substantial amount of money in its latest round of fundraising. The Chinese startup reportedly received a stunning $1 billion in funding, with Chinese investment powerhouse Tencent leading the charge. Notably, Tencent also holds a stake in Silicon Valley automaker Tesla. DON'T...
Most reports on startup electric-car maker Faraday Future tend to describe it as "struggling," and that may be an understatement. It halted work at its Nevada-based production facility in 2016; the startup company's main backer, China's LeEco, acknowledged this past May it was experiencing financial problems; and Faraday Future has been clamoring...
Much of the energy and growth in the U.S. economy comes not from large corporations but from small startup companies, as economic data shows. By now, the model of a young, energetic entrepreneur with a bright idea who turns it into a world-changing business is well established. Think Facebook or Google, or before them Microsoft or IBM or Kodak, or...
How would you know that the standard model for individuals buying new cars is dying? Sure, you could point to car sharing services like Car2go or Zipcar. Or you might point to ride hailing companies like Lyft or Uber. Maybe you think the subscription model for the Hyundai Ioniq Electric subscription service is the hot new thing. DON'T MISS: GM's...
Dyson, the British appliance company best known for its bagless vacuum cleaners, has cleared up speculation that has persisted for nearly 10 years. Founder and chief engineer James Dyson officially confirmed his company is developing an electric car and is planning for a 2020 launch. Not only has Dyson had 400 employees working on an electric car...
Over the past decade, advances in battery technology have progressed steadily, but not quite as quickly as impatient electric-car advocates might like. With electric cars and plug-in hybrids fast becoming part of every carmaker's lineup, durable, less expensive, and higher-capacity batteries are more important than ever. Yet despite growing...
Swedish company Einride has officially unveiled the first full-scale prototype of its futuristic autonomous electric truck. First announced back in April, the T-pod is touted as being more than a simple self-driving electric truck—it’s pitched as an entirely “new transportation system,” with plans to have an active fleet of...
Entrepreneur Paul Elio's concept for a simple three-wheeled car that would cost only $6,800 has now been with us for eight years. During that time, he has shown the car hundreds of times to diverse groups of people, taken tens of thousands of reservations, sold stock in the company, and suggested an EPA fuel-economy rating of 84 mpg highway. Elio...
Faraday Future may abandon its Formula E racing efforts to save precious funds as the electric-car startup company scales back many of its ambitious plans. The FIA Formula E series, which will receive an influx of new competitors in 2019, has become a de facto arena for automakers to test battery technology and gain valuable experience in...
It seems as though online signups are all becoming all the rage among electric-car makers. The practice probably started with Tesla, but it really accelerated in April 2016 when the company revealed the Tesla Model 3 electric sedan in a hugely publicized event watched around the world. The company's first lower-priced model was unveiled in front...
While Uber, Tesla, and Google are fighting over who will be first to deploy self-driving cars on a large scale, the Dutch underdogs at mobility startup Amber are planning a surprise move to overtake them all. If all goes according to plan, Amber’s self-driving cars will hit the streets of Dutch cities by mid-2018. Amber CEO Steven Nelemans...
It's square-edged, with flat body panels, large knobbly tires, and a simple interior that can easily be hosed out when dirty. The Bollinger B1 electric utility truck revealed tonight at the Classic Car Club on New York City's Hudson River was designed out in the country, where trucks have to be functional above all else. And functional it is, with...