Daily drivers and eco-commuters are no longer the only ones benefiting from the electric revolution. Audi, BMW, Mercedes-Benz, and Porsche have already begun to add electric vehicles to their portfolios, while Lamborghini and Ferrari expect their first electric vehicles to arrive in the next several years. Lotus, a British automaker, said on Tuesday that it,…
Ford Motor and Rivian confirmed on Friday that they will no longer collaborate on an electric vehicle. When Ford invested $500 million in Rivian in 2019, the two firms said they were working on a combined vehicle. They then stated that it would be for Ford’s high-end Lincoln brand, but those plans were scrapped last…
Electric vehicle fire up Rivian Automotive is targeting on a market valuation of as much as $54.6 billion in its forthcoming initial public offering, as indicated by its corrected plan recorded Monday. The California-based organization will price shares among $57 and $62, raising up to $9.1 billion at the midpoint cost and all organization stock…
Chinese electric vehicle start-up Nio said Friday it is closing an industrial facility for five days because of the global shortage in semiconductors. The production stop starting March 29 will decrease Nio’s first-quarter deliveries by at least 500 vehicles, the organization said. That puts anticipated deliveries for the initial three months of the year at…
Lucid Motors is preparing for the arrival of its first electric vehicle, the Lucid Air car, and at SXSW, the organization uncovered an exceptional detail of the upcoming automobile: it’ll be the first car to offer Dolby Atmos sound, because of its 21 speaker “Surreal Sound” system. In a four minute-plus video specifying the new…
The electric vehicle creator and the famous cryptographic money have conveyed solid additions to financial specialists. The previous year has been a decent time to possess Bitcoin. However it’s been far better to be a Tesla (NASDAQ:TSLA) financial specialist. Bitcoin’s cost has flooded by over 165% in the course of recent months. The famous digital…
Elon Musk, the CEO of electric car organization Tesla, has said he anticipates that the firm should make self-drive “robotaxis” out and about by 2020. The entrepreneur made the vow as he declared an improved microchip for its driverless vehicles. Mr Musk told investors he anticipated that regulators should affirm ride-hailing in certain territories for…