Silicon Valley billionaire Elon Musk said on Friday his Tesla Inc company will not need to raise any money this year because the electric car maker will have positive cash flow and be profitable in the third and fourth quarter.
Volvo has introduced its first all-electric commercial truck. The FL Electric is a 16-ton delivery truck, meant to handle urban distribution and waste management jobs silently and without belching exhaust fumes. As cities limit diesel vehicle usage, electric trucks will continue to have access everywhere they need to go.
In Jinan, China, there's a section of highway over which some 45,000 vehicles drive every day. A company called Qilu Transportation Development Group is converted about two-thirds of a mile of that roadway to generate solar electricity — enough to power the highway lights and 800 homes. Qilu Transportation isn't stopping there, though. Looking forward to a future of electric and autonomous driving, the goal is to make the road smart. Eventually, it will be able to provide more accurate tra
Mercedes-Benz is working on a full-size battery-electric sedan called the EQ S as part of plans to unveil 10 new electric vehicles by 2022. Bloomberg reports the sedan will be about the size of its flagship S-Class and compete with the Tesla Model S for buyers of luxury electric vehicles.
The family of a driver killed in a Tesla car crash has hired law firm Minami Tamaki LLP to explore legal options, the law firm said on Wednesday, adding that the Autopilot feature in the electric carmaker's vehicle probably caused his death.
If you haven't already picked your Chinese-backed electric vehicle startup that plans to challenge Tesla, you've got your work cut out for you. This list keeps growing. If you haven't included Xiaopeng Motors (A.K.A. Xpeng Motors) to your short list, the up-and-comer has 1.6 billion reasons you should.
Tesla Inc is targeting November 2019 as the start of production for its Model Y sport utility vehicle, with production in China to begin two years later, two sources told Reuters this week, shedding some light on the electric vehicle maker's next project that could tax its resources and capacity.
The partnership between Italy's Pininfarina design house and Hong Kong-based electric vehicle supplier Hybrid Kinetic Group will bring two new concept vehicles to the Auto China Show in Beijing April 25, including an electric sedan teased in a pair of photos.
With just two BMW i cars currently available — and aging — we've been hankering to know what new EVs are coming down the pipeline for the Bavarian automaker. We've had news of the iNext and i4, caught wind of an iX3, and as BMW is in the early stages of a large electrification push, there has been a multitude of "i"-prefaced trademarks registered. The next we can expect, if the rumors from Spanish outlet Motor.es are to be believed, will be a diminutive i1 EV, based on the same platf
As the industry continues to build out electric vehicle charging infrastructure, parallel projects are working to improve it as quickly as it's deployed. Now we're seeing some groups launching fast charging stations capable of 350-kW, and more. Meanwhile, wireless charging is making advances, which would allow drivers to simply park and charge without fussing with a cable. Kia is the latest to test inductive charging, and has announced that it has deployed a fleet of Soul EVs capable of rechargi
The chairman of the National Transportation Safety Board and Tesla Chief Executive Elon Musk had a "constructive conversation" on the agency's probe into a fatal crash involving a Tesla vehicle that was operating in semi-autonomous Autopilot mode, the agency said on Monday.
It emerged last December that McLaren had built an all-electric testbed for a future EV supercar, to go along with the English automaker's $1.4 billion investment in electrified powertrains. At the time, all the company would say was there was "still quite a journey" to making a sellable product due to battery constraints. Speaking to Wheels magazine, Jens Ludmann, COO at McLaren Automotive, put numbers to the carmaker's quest, saying, "[The] Senna has 800 PS on 1200kg, that's about the power to
For some time, Audi has teased the e-tron Vision Gran Turismo concept car's silhouette. Today, the e-tron Vision Gran Turismo was unveiled as an actual, functioning vehicle, and it will be used as a "race taxi" at Formula E events.
A couple of years ago, a team from the Czech Republic set out to create the retro-looking Luka EV, an electric car with goals for long range (186 miles), an affordable price (less than €20,000), and a light weight (less than 1,650 pounds). When we first heard of the Luka back in the summer of 2015, the team had just begun testing its first prototype. Now, MW Motors has announced that the resulting vehicle is ready to launch. Furthermore, it looks great.
In recent days and weeks, Tesla shares have seen some of their lowest prices in since they first surpassed $300 a year ago. Ahead of the announcement of the company's first-quarter production figures, amidst a Moody's downgrade, the price took a hit. The news of a fatal Autopilot crash in a Model X didn't help. Neither did the continuing and increasing tensions over a possible trade war between the U.S. and China, which has the potential to be particularly burdensome to American automakers &mdas
On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Associate Editor Reese Counts and Senior Editor of Green John Snyder. We talk about the New York Auto Show and its highlights. We also discuss some of the cars we've had in the office including the Jaguar XF S Sportbrake and BMW Alpina B7. And of course, we'll help choose a new vehicle for a listener in our "Spend My Money" segment.
This is literally our first drive of the 2019 Jaguar I-Pace electric crossover. It lasted about 2 minutes and occurred on a tiny autocross in a frigid parking lot in New Jersey, but if we're to split hairs, it is indeed the first time we've piloted this revolutionary EV SUV-ish vehicle from a company better known for barking exhausts and slinky sport coupes.
You've read the review (or maybe you haven't), and you've learned how the Tesla Model 3 is a bit of an odd duck. As we spent a couple days with the EV, we came to learn a few of its quirks. Here are five nifty features that — in addition to the electric powertrain, unique styling and loads of tech — really make the car unique.
Tesla quashed any speculation it might need to raise more capital this year on Tuesday, driving the company's battered shares higher as it announced it built 2,020 of its Model 3 sedans in the last seven days of March.