Stellantis, which manufactures cars under no less than 14 separate brands, will be showing off several new plug-in models at CES 2022 in Las Vegas, on January 5-8. “Electrification, with our 30 electrified models available including fuel cell vans, connectivity and autonomy are all important facets of [the] future, but each cannot stand alone,” said… Read more »
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NextEV founder: Chinese Tesla wannabes have no idea what they’re up against
The lure of China’s EV market, with its vast potential size and a government committed to promoting new energy vehicles, is an enticing one for established automakers and startups alike. Shenzhen-based BYD (in which Warren Buffett’s Berkshire Hathaway owns a 9% stake) currently dominates China’s new energy vehicle market, with an 18% share. Tesla is… Read more »
What does Elon Musk think of the Apple iCar?
There’s no longer any doubt that Apple is doing some electric vehicle R&D. Whether an actual iCar will eventually disrupt the dinosaurs of Detroit remains to be seen, but a Greek chorus of auto industry insiders is already warning the champions of Cupertino not to do battle with this dragon. A recent Fortune article ridiculed… Read more »
Chinese automaker BAIC opens EV R&D center in Silicon Valley
The Chinese are coming. Joining most of the American automakers, BAIC has opened an R&D facility in Silicon Valley. The BAIC EV R&D Center will be dedicated to the research and development of four to six models per year, and will become an important part of BJEV’s globalization plans, the company said. The BAIC subsidiary… Read more »
WiTricity scores $25 Million in Series E funding
Wireless charging pioneer WiTricity has secured $25 million in Series E financing from new and existing investors, including Intel Capital and Hon Hai/Foxconn, bringing the company’s total funding to $45 million. The new cash will support the company’s growth strategy as it develops products for wireless charging in the consumer electronics, EV, defense and medical… Read more »