electric vehicles

Fisker reverses course on making Ocean owners pay for recall repairs

Bankrupt EV startup Fisker is reversing course just a few days after telling owners that they would have to pay labor costs for recall repairs. The company edited the FAQ page on its website to say “Fisker will provide the necessary parts (including the labor) at no cost to you.” Fisker originally broke the bad […]

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EV warranty startup Amber launches a remote diagnostic service for Teslas

EV warranty startup Amber is expanding nationwide, bringing on new vehicles and offering a new remote diagnostic scan — all signs that the one-year-old company is putting its recent $3.18 million seed round to good use. The startup launched an aftermarket warranty product for Tesla vehicles called AmberCare — which is a suite of warranty

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Lucid Motors’ Gravity SUV will have Tesla charging built in

Lucid Motors is just a few months away from finally launching its electric SUV, and the company now says the upcoming vehicle — dubbed Gravity — will have Tesla’s North American Charging Standard (NACS) built right in, making an adapter unnecessary. Lucid announced the news ahead of a planned “Technology and Manufacturing Day” event at

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Public EV startup with an indicted CEO is looking to raise an additional $100 million

It’s tempting to think the trend of EV startups merging with special purpose acquisition companies (SPACs) to go public has ended, seeing how many of them are struggling or defunct. But that’s not quite true. A startup called Thunder Power Holdings went public on the Nasdaq exchange in June through a SPAC, and is now

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Ford says a pickup truck will be the first EV built on its low-cost platform

The first vehicle that will be built on the low-cost EV platform Ford’s been developing in secret will be a mid-size pickup due out in 2027, the automaker announced Wednesday morning. The news comes as part of a much larger rewriting of Ford’s electrification plans. The company is abandoning a plan to make an all-electric

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Rimac squeezes more power into its new all-electric hypercar Nevera R. And it only starts at $2.5 million

Rimac, the Croatian EV upstart that ascended from a garage to become a supercar and technology powerhouse merged with Bugatti, has upgraded its Nevera hypercar. And along the way, Rimac managed to squeeze more power into it.  Rimac revealed Friday during The Quail, a Motorsports Gathering at Monterey Car Week the Nevera R, an all-electric

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Lucid pumps $1.5B from Saudi wealth fund after CEO warned relying on its ‘bottomless wealth’ was ‘dangerous’

Saudi Arabia is committing even more money to Lucid Motors as the EV startup struggles to erase its losses. Lucid announced Monday as part of its second-quarter earnings report that an affiliate of the Saudi sovereign wealth fund is committing another $1.5 billion, with half coming in the form of a private placement and the

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GM-backed Addionics aims to make lithium-ion batteries cheaper with wavy foil

In the lithium-ion battery world, the race to the bottom isn’t as ominous as it sounds. Battery manufacturers are under pressure from automakers to lower prices while maintaining or improving performance. They’ve largely delivered, with battery pack costs dropping from $780 to $139 per kilowatt-hour over the last decade, according to BNEF. That’s allowed electric

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