The company said the department requested documents after its chief executive, Elon Musk, said he had “funding secured” to take its stock off public markets.
The company said the department requested documents after its chief executive, Elon Musk, said he had “funding secured” to take its stock off public markets.
The Audi e-tron makes its formal debut as the brand's first mass-market electric car. Lucid Motors secures funding to build a factory for its car. Electric-car car-sharing programs are poised to expand in the U.S. And we ask if readers would sign up for VW's electric-car subscription plan in a new Twitter poll. All of this and more on Green Car...
Volkswagen announced in July that it will launch an all-electric car sharing plan in the U.S. in 2020. Called "WE," the program is likely to serve as a marketing program for the company's new line of electric cars, the hatchback ID, and the ID Crozz crossover SUV. The ID is slated to go into production at the end of 2019, followed by the ID Crozz...
Electric cars and car sharing go naturally together. Both aim to clean up the environment by reducing gasoline consumption. With lower maintenance, electric cars are also easier to maintain for fleets than gas cars. Combined with gas cars, car-sharing fleets can also provide a backup for electric-car owners who want occasional access to a larger...
Lucid Motors announced yesterday that it will receive a $1 billion investment from the Saudi Arabian public investment fund. Lucid is a Silicon Valley-based electric car builder working on a direct competitor to the Tesla Model S. In August, Tesla chief executive Elon Musk suggested that he had held talks with the same Saudi investment fund about...
And finally, there is Audi. Late Monday night, the German luxury maker debuted took to the stage in San Francisco with its long-awaited, first volume battery-electric vehicle, a five-seat midsize crossover utility to be known simply as e-tron. It also opened reservations and will allow customers to configure the car, requiring a refundable $1,000...
The BMW Vision iNext previews a future self-driving luxury electric crossover SUV. Tesla opens its first in-house body shops. A British engineering firm wants to bring lightweight racing platform methods to production cars. And Nissan reveals pricing for the 2019 Leaf. All of this and more on Green Car Reports. The BMW Vision iNext made its global...
British race car design company Gordon Murray Design showed off its new lightweight race car body last week at the Low Carbon Vehicle Show in England. The company calls its body-in-white—an industry term for a car body with no components attached—iStream, and it says it's the result of a new process it patented to make lightweight...
Facing reports of long wait times at Tesla-authorized collision repair centers, Tesla is bringing collision repairs in-house. The company has been opening in-house body shops at a Tesla service centers in the past month, and Tesla chief executive Elon Musk tweeted on Sunday that the company plans to bring "most collision repairs" in-house, because...