Ford Motor Company (NYSE: F) is set to release the all-electric Mustang Mach E, a fully electric vehicle set to take on Tesla Inc s (NASDAQ: TSLA) Model Y.
The car is powerful, fast and fun, and Ford is showing that in a new video. The Mach E is seen making some impressive moves in the. Read More.
The Hyperion XP-1 Supercar Is Totally Showing off in Los Angeles Traffic 18 Feb 2021, 6:03 UTC ·
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Last summer, a relative newcomer in the auto industry, Hyperion, introduced the world’s first hydrogen-powered supercar. Called the XP-1, it was a futuristic dream wrapped in lots of carbon fiber and titanium as well as mind-blowing promises and the vague suspicion of being just vaporware. 28 photos
“The hype is real,” Hyperion says. Or, better said, it has been saying that for the past three weeks, as it’s allowed the XP-1 prototype to show off in a variety of locations in the United States. The message is clear: doubters are excused for doubting, but there is nothing vaporware-ish about this supercar of the future.
After Jim Glickenhaus defied Elon Musk to pit the Cybertruck against the SCG Boot at the Baja 1000, he revealed his car will be a fuel cell pickup truck.
$50.44
GM Stock Factors
GM stock value rose this week after a small slide last week, which followed two weeks of consistent growth to break the $50 per share mark.
Much of the upward momentum seen in the weeks prior is attributed to the automaker’s latest all-electric vehicle efforts, debuts, and strategy, which includes an in-depth presentation released during the Consumer Electronics Show (CES) tech conference. Highlights from the presentation include the launch of BrightDrop, a new business venture aimed at providing last-mile electric delivery solutions, software, and services to delivery and logistics companies.
BrightDrop EP1
The first BrightDrop product to market will be the EP1, an electrically assisted pallet with a 200-pound capacity and adjustable speed up to 3 mph. Following the EP1 will be the EV600, an electrically powered light commercial van incorporating GM’s Ultium batteries and drive motors, offering a max range of 250 miles and a GVWR of just under 10,000
Four EV companies that didn’t make the cut
Starting an auto company is hard, even if you have billions of dollars. However, the popularizationof electric vehicles and the runaway success of Tesla made many believe they too have a chance. And while some did, others didn’t. Here’s are a few companies that planned to take on the auto industry, only to be swallowed by an extremely competitive environment.
Faraday Future
The rise and fall of Faraday Future were as interesting as it was spectacular. Founded by the Chinese billionaire Jia Yueting in 2014, the company s early days were filled with bold claims such as their intention to reformat the auto industry and bizarre promises such as their car s creating a third internet living space , whatever that means. The company showed off its impressive 1,050Hp FF91 EV concept in 2017 and planned to open a $1 billion factory in Nevada. However, it was also around that time things begun to go horribly wrong for them. The company s bi