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Posts Tagged ‘electric vehicle’

Faraday Future “Effectively Insolvent,” Says Co-Founder

Battery-carmaker confirms second round of job cuts.

by Paul A. Eisenstein on Oct.31, 2018

Nick Sampson, (r), one of the Faraday Future founders, is shown with investor Jia Yueting, (l) at the debut of the FF91 concept in January 2016.

The California-based battery-car company Faraday Future is “effectively insolvent,” according to co-founder Nick Sampson who resigned on Tuesday.

His departure comes as the once-promising company prepares for a second round of mass layoffs, a Faraday spokesman advised TheDetroitBureau.com late Tuesday evening. Faraday had already laid off a sizable number of its approximately 1,300 employees last week as it struggled to find enough cash to continue operating.

Breaking News!

“There is a furlough pending,” said spokesman Jacob Brown, adding that Faraday needs to take “drastic measures, but the executive team wants to keep the company running.”

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BMW’s iNext Offers a Glimpse at Automaker’s Autonomous, Electrified Future

Show car offers broad hints about BMW's next all-electric model.

by Paul A. Eisenstein on Sep.15, 2018

BMW offered a handful of journalists a sneak peek at the iNext concept during an around-the-world tour.

BMW was one of the first of the traditional automakers to enter the plug-in vehicle market, well ahead of luxury rivals like Mercedes-Benz, Audi and Lexus. But it has been slow to follow up on its original i3 and i8 models, especially when it comes to all-electric offerings, even as those competitors have laid out aggressive plans to launch literally dozens of their own new products in the coming years.

BMW has been dropping hints about where it might go next for several years. And the Bavarian automaker is looking to get back in the game with the appropriately named iNext, an all-electric and autonomous crossover set to make its debut in 2021.

Tech Talk!

A handful of select media outlets, including TheDetroitBureau.com, got a chance to check out a prototype version of the iNext during an otherwise top-secret, around-the-world series that took the concept vehicles from Germany to New York, then Los Angeles and, finally, Beijing.

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16 Miles of Smart, Safe and Sustainable Highway Being Built in Rural Georgia

The Ray envisioned as a testbed for tomorrow’s sustainable roadways.

by Paul A. Eisenstein on Aug.08, 2018

A car drives over a stretch of solar pavement installed along "The Ray," on Georgia's I-85.

Just north of the Alabama border, a 16-mile stretch of Interstate 85 has become an infrastructural experiment that could transform the way highways across the country are designed, engineered and built in the years ahead.

Known as “The Ray,” and named after Ray C. Anderson, an environmentally minded Georgia industrialist, the experimental roadway introduces a variety of services and features designed to encourage both safer and greener driving. That include solar panels built right into the roadway. The project also uses recycled materials, including ground-up tires, to make the pavement itself more durable.

Innovative!

“On 16 miles of interstate in Georgia, we’re innovating the highway corridor from the ground up, creating a living lab that tests and proves what’s possible for roadway ecosystems across the globe,” organizers said when the project was first dedicated two years ago.

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Production Version of Kia Niro EV Breaks Cover

Timing of U.S. launch unclear.

by Paul A. Eisenstein on May.04, 2018

The long-range version of the Kia Niro EV will get 236 miles out of a 64 kWh battery pack.

We got a first look at the concept version of Kia’s all-electric Niro model during the Consumer Electronics Show earlier this year. The Korean carmaker has now pulled the wraps off the production model during the Fifth International Electric Vehicle Expo in Seoul.

A quick glance suggests the version that will be rolling into showrooms is a bit more conservative than the CES show car, with relatively conventional lights and bumpers. Perhaps the biggest difference between the Niro EV and earlier versions of the crossover can be seen in the textured, albeit solid, grille – which actually bears more than a passing likeness to the snout on the all-electric Hyundai Kona that debuted at the New York International Auto Show barely a month ago.

Product News!

Kia is being sparse when it comes to offering details about the Niro EV, though it did indicate the battery-electric vehicle will be offered with a choice of two different batteries – at least in some markets – the more powerful, 64 kWh pack will provide enough energy to travel an estimated 236 miles between charges, the 39.2 kWh pack reducing range to around 149 miles.

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Nissan Aims to Add 8 New EVs, Boost Electrified Vehicle Sales to 1 Mil Annually

Japanese maker also planning 20 autonomous models.

by Paul A. Eisenstein on Mar.23, 2018

One of the new EVs will be based on the Nissan IMx concept that debuted at the 2017 Tokyo Motor Show.

Already the world’s largest seller of battery-electric vehicles, Nissan is targeting sales of 1 million electrified models by 2022, a five-year, six-fold increase, officials said Friday at the company’s headquarters in Yokohama.

The second-largest of Japan’s automakers also plans to add 20 new autonomous models by 2022, while having all of its vehicles, both under the Nissan and Infiniti brands, equipped with connected car technology.

Plug In - For Free!

“The heart of our strategy in terms of electrification is battery EVs and e-Power technology,” Nissan Chief Planning Officer Philippe Klein told reporters during a media briefing. E-Power is the company’s term for vehicles using gasoline engines to extend range.

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VW Confirms New I.D. Vizzion Concept Will Reach Showrooms “By 2022 at the Latest”

Electric sedan will eventually add full autonomy.

by Paul A. Eisenstein on Mar.05, 2018

The Vizzion Concept is set to become the fourth model in the new Volkswagen I.D. sub-brand.

Volkswagen has rolled out the fourth in a series of concept vehicles meant to preview the all-electric I.D. family it will launch by the end of this decade and, as with earlier models like the Crozz and Buzz, you can expect to see the big I.D. Vizzion sedan roll into showrooms “by 2022 at the latest,” the automaker said, at the big sedan’s official Geneva Motor Show debut.

Something of a battery-electric replacement for the VW brand’s old flagship, the Phaeton, the I.D. Vizzion concept offers a range of cutting-edge technologies, as well as an interior that can be transformed into a mobile living room when operating in fully autonomous mode.

Product News!

“The I.D. VIZZION shows what our brand is capable of in terms of technology, design and quality,” said VW brand boss Herbert Diess, during a showcase of new products by the various marques operated by the parent Volkswagen Group. “ It is the most personal, most emotional and most individual Volkswagen of all times. And it also shows that, even in the electric, self-driving future, we will be using desirable, expressive and individual automobiles – and not just uniform tin boxes.”

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Opinion: Mid-Engine Corvette: Too Little, Too Late?

Our veteran spy photographer says electric drive is the way to go.

by Jim Dunne on Mar.02, 2018

Off to a rocky start? Our spy photographer thinks GM is on the wrong path with its mid-engine Vette.

Drop the mid-engine Corvette. Now.

It’s time for GM to stop its development of an icon vehicle, the 20?? mid-engine Corvette. Yes, the long, long overdeveloped car that has diverted GM’s innovational (?) attention for over 25 years. The car could be way behind what is happening in the 2-seat racing-type model of today.

Automotive Insight!

Huge changes are ongoing in the automobile business. We all see that. Car companies are formed and reformed, replaced, absorbed. New technologies are in huge development – autonomous cars and trucks are surely on the way. Electrics are moving – in some instances, shoved – on the scene, replacing the internal combustion engine.

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Study Sees California Hitting 1.5 Mil ZEV Target by 2025

EVs could be “as ubiquitous as smartphones” by 2040.

by Paul A. Eisenstein on Jan.30, 2018

Lower costs, longer range and improved charging should all boost EV demand, says study.

Despite a slow start, California should be able to hit its ambitious goal of putting 1.5 million zero-emissions vehicles, or ZEVs, on the road by 2025, according to a new study.

Governor Jerry Brown last week announced plans to step that up a notch, with a goal of having 5 million ZEVs in use in California by 2025. That would likely cement the state’s position as the greenest in the U.S., though the study also noted that the country is losing ground to China which it predicted will be adding as many as 7 million so-called New Energy Vehicles to its national fleet by the middle of the coming decade.

Stay Plugged In!

“2017 marked a turning point for electric vehicles,” said F. Noel Perry, businessman and founder of California-based think tank Next 10, pointing to decline costs and increasing range, among other factors. “The growth we’re seeing in California’s ZEV market shows that the state is standing alongside leading countries in the transition to a cleaner transportation future.”

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Henrik Fisker Officially Reveals Autonomous EMotion EV

Danish designer reveals plans for a “menu of mobility” that will later include affordable electrics and driverless shuttles.

by Paul A. Eisenstein on Jan.12, 2018

The gull-winged Fisker EMotion makes its official debut at the Consumer Electronics Show.

After months of teasers, Henrik has finally pulled the wraps off his latest project, the autonomous EMotion battery-eletric vehicle making its debut at the Consumer Electronics Show in Las Vegas.

The second attempt by the Danish designer to launch his own battery-car company, the EMotion is a stunning, gull-winged sports sedan that reportedly will offer a range of up to 400 miles, even while delivering blistering performance – top speed 161 mph – thanks to a new generation of solid-state batteries.

The Last Word!

The EMotion isn’t due to market until sometime late in 2019. But in an interview with TheDetroitBureau.com, Fisker revealed that he is already working on future products as part of a “menu of mobility” that will include a much more affordable Tesla Model 3 fighter and even a driverless shuttle along the lines of the Toyota e-Palette concept that also debuted at CES.

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Renault-Nissan-Mitsubishi Alliance Creates $1 Bil Venture Fund

“We can’t everything ourselves,” says Ghosn.

by Paul A. Eisenstein on Jan.10, 2018

The new fund is expected to invest about $200 million annually in new technology and services.

The Renault-Nissan- Mitsubishi Alliance will invest around $1 billion over the next five years to help it fund start-ups and other small tech companies that can help it bring to market electrified, connected and autonomous vehicle technologies, Alliance CEO Carlos Ghosn announced Tuesday.

The corporate venture capital, or CVC, fund is intended not only to give the Franco-Japanese alliance access to potentially breakthrough technology but to help it make decisions more quickly than is normally the case for a big corporation, Ghosn said during a news conference at the Consumer Electronics Show in Las Vegas.

Tech News!

“We can do everything ourselves,” explained the Brazilian-born executive. “We have to get access to people who think about things in different ways.”

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