Search Results Found For: "Formula E"

LeEco pulls out, but Aston Martin will still produce electric RapidE

In February 2016, Aston Martin announced that it would work with Chinese tech company LeEco on the RapidE, an electric version of the Rapide four-door sports sedan. LeEco, facing a cash crunch, has pulled out of the project, but Aston Martin Chief Executive Andy Palmer told Reuters that his company will still produce the EV…. Read more »

Schaeffler acquires motor manufacturer Compact Dynamics

Automotive supplier Schaeffler has acquired 51% of the shares of electric motor manufacturer Compact Dynamics from SEMIKRON International. Schaeffler and SEMIKRON have also agreed to cooperate on the development of power electronics systems and the integration of power electronics components. Compact Dynamics, based in Starnberg, Germany, specializes in lightweight electric drive concepts in small volume… Read more »

NextEV testing electric supercar in Germany, autonomous vehicles in California

Startup automaker NextEV has Chinese financial backing, Tesla alumni on staff, a few years of experience on the Formula E racing circuit, and a 1 MW electric supercar in development. Electrek recently got a glimpse of the next EV going through its paces on the famous Nürburgring racetrack in Germany. The million-dollar supercar is expected… Read more »

Rimac Automobili invents the Croatian auto industry

Detroit is gradually losing its position as the epicenter of the auto industry. Nowadays, news of cutting-edge developments is more likely to come from Silicon Valley, Europe or China. The Eastern European nation of Croatia is pretty far from the centers of automotive power, but it’s here that a highly innovative firm called Rimac Automobili… Read more »

Beyond Tesla: NextEV aims to produce Automobile 3.0

Chinese-backed startup NextEV has produced a Formula E race car, and plans to reveal an electric supercar later this year. “When we launch the car it will not be a concept,” Co-president Martin Leach told the International Business Times. “It will be engineered and validated and you will see it driving at some point shortly… Read more »

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 »

From racing cars to street sweepers: Williams collaborates with Wille on electric platforms

Williams Advanced Engineering is famous for its high-performance powertrains – it’s involved in building the Jaguar C-X75 hybrid supercar and an Aston Martin electric concept, as well as supplying batteries for the Formula E electric racing series. The company’s expertise about combining energy efficiency and performance can be applied to more prosaic vehicles as well…. Read more »

James Bond’s Jag may become production EV

No one expects Jaguar’s first EV to be a practical hatchback – on the contrary, it may be a futuristic super-sportscar to rival the likes of the Tesla Model S and BMW i8. The South Africa news outlet Independent Online reports that unnamed insiders are talking about putting the Jaguar C-X75 prototype featured in the… Read more »

Another Chinese-backed startup announces plans for an electric supercar

New EV companies are cropping up like dendrites on a lithium metal anode. The latest startup to emerge from stealth mode is called NextEV. Like many of the current crop (see Faraday Future, Atieva, Fisker, Leshi), NextEV is backed by Chinese investors, and is not affiliated with a traditional automaker, although it has recruited execs… Read more »

Tajima to race Rimac-powered one-megawatt EV in 2015 Pikes Peak Hill Climb

Croatian startup Rimac Automobili, located just a few hours’ drive from the birthplace of Nikola Tesla, has ambitions of becoming a major carmaker. Its first-generation vehicle, and the first step in its master plan, a powerful beast called the Rimac Concept_One, may be familiar to EV cognoscenti as one of the pace cars for the… Read more »