Author: Andy Williams

In its latest report, British electric vehicle company Arrival confirmed their previously leaked strategy of concentrating entirely on rolling out its electric transporter for now. The company puts the electric bus and electric passenger car projects on the sidelines for a moment The Financial Times reported in early August, citing insiders, that costs would be cut by a third. The company’s policy makes the electric passenger car project temporarily suspended, but can be revived later. The same thing happened to the electric bus project and tests with prospective First Bus customers have been postponed. The company is targeted to manufacture…

The 2023 Fisker Ocean Sport and Ocean Ultra models have sold out in the United States following the Ocean One special edition which sold out globally last month. The Fisker Ocean Sport starts at $37,499 while the Ocean Ultra starts at $49,999. Meanwhile Ocean One is selling for $68,999 with 5,000 customers having placed a $5,000 deposit to secure their reservation. On the other hand, the company will take orders for Ocean Extreme in select markets on November 18th. Fisker also began taking orders for Sport and Ultra trims for overseas markets in the first quarter of 2023. Regarding the…

Canoo will use contractors to build the first batch of electric vans for Walmart customers and shareholders, said Canoo CEO Tony Aquila during the Q2 financial results call The company will use an unspecified contractor for the initial output of its debut EV by the end of the year. Canoo previously said it would assemble its own electric vehicles at a production facility in Bentonville, Arkansas, where Walmart is headquartered. The company is currently working to build a dedicated factory in Pryor, Oklahoma. Previously Canoo received an unexpected order from Walmart for at least 4,500 electric vans, with the option…

Rivian has just released its financial statements for the second quarter of 2022. In the second quarter, Rivian posted revenue of $364 million with a net loss of $1.71 billion, from $580 million a year earlier. Rivian’s capital expenditures in the second quarter of this year fell to $359 million, from $431 million over the same period last year, when the company was preparing its assembly plant in Illinois to start production. Rivian spent $1.2 billion in the second quarter of the year holding $14.9 billion in cash as of June 30, of which $5 billion will be allocated to…

Acura has recently released a short teaser video that gives us a glimpse of what the EV called the Precision EV looks like. Touted as the company’s future car, the Acura brand explained that the Precision EV will have a higher aesthetic value than other EVs. Scheduled to debut on August 18 at Monterey Car Week, Acura promises to show a more detailed full look. In the clip, the Precision EV appears to use a blue body with a more futuristic grille design. Although not many parts are shown, the proportions look like an SUV or crossover. This is actually…

One of the largest public fast charging networks in the US, EVgo signs an agreement with Delta Electronics, a global provider of power and energy management solutions and a leader in EV charging solutions. Under the agreement Delta will supply the EVgo with 1,000 fast chargers with a power output of up to 350kW. The charger will be used to support the recently announced EVgo project with General Motors (GM). https://twitter.com/evgonetwork/status/1557741616827211776 “EVgo is dedicated to making EV charging convenient and reliable for everyone, which makes it imperative that our network consists of high-quality chargers backed by a track record of…

Ralph Nader, a former presidential candidate and nationally recognized consumer protection advocate, called on federal regulators to review the “Full Self-Driving” (FSD) driver assistance feature. He called its implementation “one of the most dangerous and irresponsible acts by a car company in decades.” Nader, who first rose to fame for the publication of the 1965 bestseller Unsafe at Any Speed, made a highly influential critique of the American auto industry. This time he said that the National Highway Traffic Safety Administration (NHTSA) should use its recall authority to order that Tesla’s FSD Technology be removed from every vehicle. “I call…

Motorcycle manufacturer Can-Am introduced two electric motorcycle models named Origin and Pulse which will be launched in mid-2024. The first electric motorcycle, Origin was inspired by the Can-Am dirt bike that is capable of driving on the highway and on the trail. Meanwhile, the Pulse is an electric motorcycle designed with balance and agility for driving in urban areas. Unfortunately, Can-Am has not provided further information regarding the two electric motorcycles. However, from the teaser that was released, both of them featured an LED light unit and an edgy design with yellow accents. In addition, the fender looks short and…

Kawasaki showed off and demonstrated its new product at the Suzuka 8 Hours endurance event. This motor sport style, using the battery as a propulsion. Reporting from Autoby (07/08), this EV sport bike appeared in a session. The motorcycle is named Kawasaki Z Electric, its design resembles the sport naked Z250. The headlamp, and the legs resemble the naked bike, there are two right and left lights that are slightly narrowed. The taillights are similar to the ZX-25R, making it look more sporty. The handlebars are short, but not clamped, so the rider doesn’t bend too much. The engine was…

Tesla CEO Elon Musk has hinted that his latest company project, ‘robotaxi’ will be like Uber and Airbnb combined. Musk confirmed this at the annual shareholder meeting. Musk stated that the system was not designed with launch cities in mind, the way competitors approach the concept, Fox Business reports. Elon Musk also alluded to Tesla’s Full Self-Driving (FSD) when it was fully operational. “Look at how many cars are parked. There are parking lots full of cars everywhere. Because cars need a driver, so most of the time they’re doing nothing.” said Elon Musk Elon Musk said Tesla owners could…

Tesla announced a three-for-one stock split schedule will start on August 25, 2022. This is in accordance with the results of the Annual General Meeting of Shareholders (AGM). Reporting from Reuters, the shareholders of the electric car manufacturer voted for the management’s recommendations regarding the selection of directors and approval of the share split. However, rejected proposals focused on environment and governance. Chief Executive Elon Musk owns 15.6% of Tesla, according to Refinitiv data, after selling millions of shares last year. Each shareholder registered on August 17 will receive a dividend of two additional shares for each share held, which…

The Hyundai Ioniq 5 has indeed become one of the stars of electric vehicles. Hyundai Motor America managed to sell 60,631 cars in America. Down 11 percent compared to last year. However, the Ioniq 5 could be one of the biggest sales contributors for electric vehicles. During July 2022, sales of Ioniq 5 reached 1,978 units or 3.3% of the total market share of electric cars in America. Ioniq 5 production for the American market is still carried out in South Korea. In total, more than 15,000 Hyundai Ioniq 5 have been delivered to consumers in America. Another 10,000-15,000 units…