Tesla founder, Chinese company launch SF Motors electric cars

SF Motors SF5In 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...

Three Dyson electric cars on the drawing board: report

James Dyson with digital motors  [image: Dyson]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...

Faraday Future, primary investor crushed by mounting debt, lawsuits

Faraday Future FF 91Struggling 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...

Chinese electric-car startup Nio gets $1 billion in funding: report

2018 Nio ES8Nio, 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...

Odds for auto startups are incredibly high; can Tesla beat them?

Tesla Motors, Palo Alto, CaliforniaMuch 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...

BMW, Mercedes invest in ‘flexible car ownership’ startup Fair

2018 BMW i3, 2017 Frankfurt Motor ShowHow 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 electric car for 2020 draws executives from Aston Martin, Tesla

James DysonDyson, 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...

Why better-battery startups fail in the US and how to fix it: report

Flat lithium-ion battery back for next-generation Mercedes-Benz electric carsOver 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...

Why better-battery startups fail in the US and how to fix it: report

Flat lithium-ion battery back for next-generation Mercedes-Benz electric carsOver the past decade, advances 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...

Autonomous electric truck prototype can be controlled remotely

Einride T-pod, autonomous electric truck prototypeSwedish 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...

Bollinger B1 electric utility truck: 6,000 signups in two weeks

Bollinger B1It 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...

Startup Amber’s self-driving cars to hit Dutch streets in 2018?

Amber OneWhile 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...

Bollinger B1 all-electric utility truck revealed

Bollinger B1It'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...