Tag Archives: Electric Cars

Nio will look to raise $1.8B on NYSE

Chinese electric car startup Nio on Monday filed for a $1.8 billion initial public offering with the Securities and Exchange Commission. The company plans to list its shares on the New York Stock Exchange under the ticker symbol NIO, and at $1.8B it would make the listing the biggest for a Chinese automaker in the United States. Nio has just introduced its...

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Elon Musk says talks with Saudis led him to tweet "funding secured"

Tesla [NYSE: TSLA] CEO Elon Musk provided insight Monday behind his "funding secured" comment made last week when he floated the idea of taking the automaker private. Musk released a statement on Tesla's blog and wrote the sovereign wealth fund of Saudi Arabia approached him multiple times in the last two years to discuss taking Tesla private. The Saudis...

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Audi locks in some specs for the 2018 e-tron electric SUV

Audi's first volume electric car, the e-tron, is almost here. The mid-size SUV will be unveiled on September 17 in San Francisco and start deliveries in early 2019. If you want to be among the first customers, make sure to put in a reservation when order books open alongside the September reveal. With the reveal so close, Audi has finally locked in some of...

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Mercedes’ halo concept for EQ sub-brand debuts August 24

Mercedes-Benz is preparing a striking concept that blends the past and future. It's called the Aesthetics Progressive Luxury and the covers will come off on August 24 as part of Monterey Car Week. The annual Californian car extravaganza this year runs from August 18-26. In the new video released on Thursday, we see a Mercedes designer doing a rough sketch...

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Report: SEC inquired about Elon Musk’s tweet regarding taking TSLA private

The Internet and financial industry weren't the only ones to take notice Tuesday when Tesla CEO [NYSE: TSLA] Elon Musk took to Twitter floating the idea of taking the automaker private. The Wall Street Journal reported Wednesday that SEC investigators could be looking into a variety of violations such as artificially raising the automaker's value via the...

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2019 Audi e-tron first ride: pulling all the brakes

Ignore the flashy, high-tech vehicle wrap, a cross between pixelated camouflage and hunting orange. The 2019 Audi e-tron is a non-event from inside, and that's just what its maker intended. When it goes on sale next year, the e-tron electric crossover SUV will be the anti-Tesla. Its conservative crossover SUV shape will draw no more and no less...

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Nissan sells EV battery business

Nissan confirmed Friday that its electric car battery manufacturing division will be sold to Envision Group, a Chinese energy company specializing in renewables and energy management systems. The confirmation comes following the cancellation of an earlier deal to sell the division to another firm. Nissan's battery manufacturing division includes the...

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Member of VW’s ID electric car family could receive R treatment

Volkswagen is working on a family of electric cars, members of which have been previewed by the ID series of concept cars. The good news is that electrification and performance aren't mutually exclusive at VW, as was demonstrated recently by the automaker's ID R electric time attack special, which in June set a new Pikes Peak International Hill Climb...

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Tesla Model S, X to receive spartan Model 3 interior design

Tesla's Model S and Model X haven't been put on the back burner as the electric car brand focuses on the Model 3. According to images published by Electrek on Monday, both the larger sedan and SUV models are in for interior refreshes. (Current Model S interior shown.) Hopefully fans and buyers believe the spartan interior found in the Model 3 is an...

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2021 Mercedes-Benz EQS spy shots

Mercedes-Benz is committed to launching 10 electric cars by 2022. Some we already know, like the EQA compact hatchback and EQC small SUV, as well as electric commercials like the eVito and eSprinter vans. We now have the first spy shots of a large electric sedan to sit alongside the S-Class. Mercedes execs have previously hinted at the car starting...

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