Auto Technology news

Mercedes-Benz says it will go all-electric in 2030, but with a major caveat

Mercedes-Benz says it will go all-electric by 2030, but with conditions. The German automaker says it will only sell electric vehicles “where market conditions allow,” implying that Mercedes may still sell gas-powered vehicles after 2030 in countries that lack consumer demand for EVs. The company made the announcement during an EV strategy update Thursday morning, …

Mercedes-Benz says it will go all-electric in 2030, but with a major caveat Read More »

Lucid Motors goes public, collects $4.5 billion

Electric vehicle startup Lucid Motors is now a publicly traded company, following the completion of a merger where it fetched an eye-watering $4.5 billion in fresh capital. Shares of the Saudi-owned, California-based startup began trading on the Nasdaq stock exchange Monday morning. Lucid Motors will now turn its full attention back to an even taller …

Lucid Motors goes public, collects $4.5 billion Read More »

Tesla Cybertruck production delayed to 2022

Production on Tesla’s Cybertruck, the automaker’s first electric pickup truck, has been delayed until 2022 according to its order page on the company’s website. First reported by Electrek, under the “due today” section of the Cybertruck’s order page it now reads “you will be able to complete your configuration as production nears in 2022.” This …

Tesla Cybertruck production delayed to 2022 Read More »

Ford chip shortage means your Mustang Mach-E delivery may be at least six weeks late

Ford’s F-150 was hit by the global semiconductor shortage, and now its flagship Mustang Mach-E electric vehicle is seeing a serious delay too — by a minimum of six weeks for prospective owners who were scheduled to get their vehicle between July 5th and October 1st. That’s according to emails Ford sent to buyers today …

Ford chip shortage means your Mustang Mach-E delivery may be at least six weeks late Read More »

Nissan cuts starting price of its electric Leaf to under $30,000

Nissan’s Leaf 2022 range starts at just $27,400, making it the cheapest mass market electric car currently available in the US, according to Electrek. That starting price drops to as little as $19,900 if you include the full $7,500 federal tax credit, for which Nissan vehicles are still eligible. These prices don’t include other charges …

Nissan cuts starting price of its electric Leaf to under $30,000 Read More »

Rivian raises another $2.5 billion as it looks to build a second factory

Electric vehicle startup Rivian has raised another massive round of funding, this time to the tune of $2.5 billion, bringing its total raised to date over the $10 billion mark. The funding round comes as Rivian recently confirmed it’s looking for a location to build a second factory — one that will also produce batteries …

Rivian raises another $2.5 billion as it looks to build a second factory Read More »

Lucid Motors’ $4.5 billion merger is being held up by spam filters

Lucid Motors is on the precipice of completing a merger that will give the Saudi-owned electric vehicle startup $4.5 billion in fresh capital. But the deal is being held up, in part, by spam filters. The California-based startup is merging with a special purpose acquisition company, or SPAC, called Churchill Capital IV that is already …

Lucid Motors’ $4.5 billion merger is being held up by spam filters Read More »

GM, Cruise suing to stop Ford from using the name ‘BlueCruise’

General Motors has filed a lawsuit to try to prevent Ford from using the name “BlueCruise” for the hands-free driving feature it announced earlier this year. First reported by the Detroit Free Press, GM claims the name is too close Super Cruise, the name of is own hands-free driving technology introduced in 2017, and to …

GM, Cruise suing to stop Ford from using the name ‘BlueCruise’ Read More »

What’s a SPAC?

Electric vehicle startup Faraday future is a publicly traded company. It’s okay, I’ll give you a moment. I’ve been reporting on Faraday Future for four years and it has even stunned me a few times in recent weeks. But it’s true: today, the startup’s shares began trading on the Nasdaq stock exchange, and a fresh …

What’s a SPAC? Read More »

Proposed federal standard would require cars to ‘prevent or limit operation’ by impaired drivers

On Sunday, a bipartisan group of Senators published draft text of a massive new bipartisan infrastructure bill, proposing more than a trillion dollars in spending and a vast array of far-reaching provisions. But a little-noticed section in the bill could have significant implications in the fight against drunk driving, eventually mandating a new in-car safety …

Proposed federal standard would require cars to ‘prevent or limit operation’ by impaired drivers Read More »