On Thursday, in a joint statement, South Korea’s Hyundai Group and its sister firm Kia Motors Corp stated, they are backing a UK electric vehicle startup that plans on selling battery-powered delivery vans in 2021. They plan on investing $110 million (100 million euros) in Uk-based Arrival Ltd. Founded in 2015, London-based Arrival has developed…
The Model Y is an SUV that is 10% bigger than the Model 3, 10% more expensive than it and comes with the same battery pck configuration. In a significant development, Elon Musk, Tesla’ Inc’s CEO stated, the carmaker will unveil its Model Y on March 14 at an event in LA Design Studio. “Model…
Toyota believes hydrogen powered fuel cells technology is cleaner than its current alternative electric battery powered technology. Toyota Motor Corp has stated despite its “game changer” solid-state battery technology, currently under development, it will not give up on its hydrogen-powered fuel-cell vehicles. Toyota has invested for fuel-cell battery technology vehicles and plug-in hybrids since many…
The development marks the birth of a green, cost effective long-haul trucking industry. Next month, Tesla Inc is set to unveil a big-rig electric truck which will have a mile range of 200 to 300 miles. The development is a sign that Tesla is eyeing the commercial freight market as it aggressively ramps up the…
All luxury electric car manufacturers appear to be gunning for Tesla’s customers. When the Lucid Air was launched in 2016, all of the hype surrounding its debut was overridden by one pertinent question: would you have to sell your kidney for it or would its pricing be close to Tesla’s Model S? Thankfully you can keep your…
Volvo’s EVs will have mile range of 250 and cost at max $40,000. Even Volvo revealed its intentions of diving into the race for the next electric vehicle, the question that seem to hover on people’s mind is that will the premium charged by Volvo be in line with its regular lineup or will it…
335 miles is the latest world record for an electric vehicle on a single charge. Tesla has shown that its super luxury EVs are not only blazingly fast but they can traverse huge distances on a single as well. While earlier Tesla beat Faraday Future with a model which focuses on mile range instead of…
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