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The Cadillac Elevated Velocity Concept showed up at Monterey Car Week and immediately sparked a new round of speculation about what luxury performance is supposed to look like in the EV era. Cadillac, of all brands, is going full sci-fi, and the result is a head-turning, conversation-starting, sometimes polarizing vision of electric performance. The Elevated…
Battery materials startup Group14 announced Wednesday it has closed a $463 million funding round to expand its manufacturing footprint, a sign that investors remain confident in the future of electric vehicles. The startup manufactures silicon anode materials, which significantly boost the storage capacity of lithium-ion batteries. Group14 currently operates three factories, two in the U.S….
Foxconn will no longer build electric tractors for California startup Monarch Tractor after the Taiwanese tech giant recently sold its Ohio factory to SoftBank. Monarch CEO Praveen Penmetsa confirmed the news in a LinkedIn comment Tuesday. He also said his company worked with Foxconn to “build up inventory” before the sale of the factory, noting…
Faraday Future has not had a smooth run in its over a decade of existence, owing to production delays and, likely, an underperforming core management team. A good example of this is the 20 luxury FF 91 EVs sold in just two years since its debut. The Los Angeles-based EV startup wants to resurrect that…
GAC’s Hyptec Earth concept landed at Auto Shanghai 2025 with the kind of visual punch that makes you forget every other EV on the show floor. The Chinese automaker’s luxury division has crafted something that feels less like automotive design and more like biomimicry taken to its logical extreme. Every surface, every detail, every lighting…
GM is sending new and old EV batteries to recycler Redwood Materials, which then repurposes the packs for stationary energy storage, the two companies announced today. Second-life batteries from GM have already made their way through Redwood’s process and into a 12 megawatt microgrid at the company’s Sparks, Nevada, headquarters. Electricity from that installation then…
GM said Monday it is working with joint venture partner LG Energy Solution to upgrade its Ultium battery factory to make lithium-iron-phosphate cells for the automaker’s low-cost EVs. The factory’s overhaul will give LFP production in the United States a significant boost. Despite being invented and commercialized in the U.S., today the vast majority of…
Tesla is nearly ready to start selling its electric vehicles in India, according to Bloomberg News, after years of flirting with the idea. The company is about to open its first showroom in Mumbai and could start deliveries as early as August, according to the report. A few hours after Bloomberg published its report, Tesla…
Also Inc., the micromobility startup spun out of Rivian earlier this year, has raised $200 million from Greenoaks Capital, according to a new report from Bloomberg News. The funding round brings Also’s post-money valuation to $1 billion. The startup raised $105 million from Eclipse Ventures earlier this year when it was cleaved from Rivian. Also…
As Rivian starts accepting orders for its 2026 Quad-Motor pickup truck and SUV, customers may initially be enticed by the power and tricks the four motors in these rebooted EVs can unleash. After all, four motors delivering a combined 1,025 horsepower and 1,198 pound-feet of torque — and the ability to accelerate from a standstill…