Sentences with phrase «electric car startup in»

Krause joined the the three - year - old electric car startup in March, having spent 30 years in executive positions at companies like BMW and Deutsche Bank.

Chinese - backed electric car startups in the U.S. — namely, Faraday Future and Lucid Motors — have struggled to get their projects up and running on the schedules they project, mostly due to fundraising delays.

Not exact matches

The founder of debt - laden tech conglomerate LeEco has defied orders from Chinese regulators to return to the country before end - 2017, saying he needed to stay in the United States as a fundraising for his electric car startup was making progress.

The company has now reportedly raised $ 1 billion in funding, making WM Motor the latest well - funded startup hoping to make or sell electric cars in China.

As Business Insider's Bryan Logan explained, «For all the attention that the electric - car startup Faraday Future has gotten in the past year, very little is still known about the company.»

This is despite the electric car startup's inability to bring their 1000 + hp FF 91 car to market after its grand debut at CES in Las Vegas.

An electric car startup based in China has revealed an ambitious smart vehicle concept that it claims outperforms Tesla in terms of «digital power.»

Both traditional automakers and the bevy of startups see potential in the government's commitment to boost yearly sales of new - energy vehicles — its term for plug - in hybrid and fully - electric cars — by 10-fold in the next decade.

These partners are Mercedes - Benz, which was recently reported to be preparing to unveil a fleet of electric vehicles based on a completely new architecture; Nvidia, which just launched the artificial intelligence - powered palm - sized Drive PX 2 computer for self - driving cars; Otto, an autonomous truck startup that was acquired by Uber last month; and Didi Chuxing, which recently bought out Uber's operations in China.

Electric car and plug - in hybrid startups, Tesla and Fisker, are hoping to enter the market with exotic green machines in the neighborhood of six figures — and then to demonstrate profitability, and slowly work toward follow - up models at $ 50,000 or below.

Default upon startup is Electric mode, in which the car operates up to 37 mph for over one mile as an EV.

The California Cars Initiative (CalCars), a non-profit startup dedicated to jump - starting the market for plug - in hybrids (PHEV), is building a prototype Prius (the Prius +) capable of functioning as a plug - in hybrid and running in full EV (electric vehicle) mode for longer distances than possible with the original Toyota equipment.

Last year, the Swedish electric vehicle startup Uniti successfully raised about $ 1.5 million in equity crowdfunding to help bring its minimalist city car, which it called «the most deliberate reinvention of the automobile in modern times,» closer to production.

The California Cars Initiative (CalCars.org) is a Palo Alto - based nonprofit startup of entrepreneurs, engineers, environmentalists and consumers promoting 100 + MPG plug - in hybrid electric vehicles (PHEVs).

But the agreement between Tesla, one of Silicon Valley's growing crop of green tech startups, and Hyatt, a global corporation with 753 hotels, shows just how much has changed in the way the world looks at electric cars.

AltaRock Energy, a geothermal energy startup, was forced to abandon its first project in 2009 due to drilling problems... Fisker Automotive, an electric car maker, has been plagued by production delays and hasn't built a car in more than six months.

Via Ireland's Department of Transport, Irish Times Photo: Irish Times More Electric Car Articles Tesla's «Model S» San Jose Factory Might be Dead The Race is On to Make Better & Cheaper Electric Car Batteries The Chevy Volt's European Cousin: The Opel Ampera CARB Delays Decision, Plug - In Hybrid Conversion Startups Dodge a Bullet The 6 Ugliest Eco-Cars: Because Green Isn't Always Pretty

Via Jalopnik More Electric Cars Stories Aptera Completes First Pre-Production 2e Model CARB Trying to Kill Plug - in Hybrid Conversion Startups in California?

A Dutch startup is planning to bring a completely solar - powered electric car to market, which could theoretically let some drivers go for months without plugging it in.

More Hybrid and Electric Car Articles CARB Delays Decision, Plug - In Hybrid Conversion Startups Dodge a Bullet Could Lithium Shortages Impede Future Electric Car Deployment?

The Chevy Volt's European Cousin: The Opel Ampera CARB Delays Decision, Plug - In Hybrid Conversion Startups Dodge a Bullet Here's What Happens to a Tesla Electric Car Battery at the End of its Life

Chinese - backed startup Faraday Future stormed into CES 2016 with a flashy concept car and plans to build a $ 1 billion electric - car factory in North Las Vegas, all without saying much about the actual cars it plans to build.

In December, amid mounting concerns about the viability of the electric - car startup Faraday Future, Nevada's governor and the mayor of the city of North Las Vegas slammed the car company's naysayers, saying taxpayers in the state are «fully - protected» from the potential ramifications a $ 335 million incentive deal for.In December, amid mounting concerns about the viability of the electric - car startup Faraday Future, Nevada's governor and the mayor of the city of North Las Vegas slammed the car company's naysayers, saying taxpayers in the state are «fully - protected» from the potential ramifications a $ 335 million incentive deal for.in the state are «fully - protected» from the potential ramifications a $ 335 million incentive deal for...

Electric car startup Faraday Future is closing out 2017 in a very precarious position, something The Verge captures in a spellbinding story today on the company's financial state.

In December, amid mounting concerns about the viability of the electric - car startup Faraday Future, Nevada's governor and the mayor of the city of North Las Vegas slammed the car company's naysayers, saying taxpayers in the state are «fully - protected» from the potential ramifications a $ 335 million incentive deal for FF if it failed to spend $ 1 billion to construct a factory in North Las VegaIn December, amid mounting concerns about the viability of the electric - car startup Faraday Future, Nevada's governor and the mayor of the city of North Las Vegas slammed the car company's naysayers, saying taxpayers in the state are «fully - protected» from the potential ramifications a $ 335 million incentive deal for FF if it failed to spend $ 1 billion to construct a factory in North Las Vegain the state are «fully - protected» from the potential ramifications a $ 335 million incentive deal for FF if it failed to spend $ 1 billion to construct a factory in North Las Vegain North Las Vegas.

But according to several former Faraday employees, the electric car startup — incorporated in Gardena, California — operates in practice as a branch of Jia's Chinese company LeEco, sharing resources.

If recent reports are accurate, electric car startup Faraday Future recently netted a $ 1 billion investment and, in turn, named Chinese tech entrepreneur Jia Yueting its CEO.

LOS ANGELES — A construction firm working on Faraday Future's $ 1 billion Nevada factory has warned the electric - car startup that it could face a work stoppage over millions of dollars in unpaid bills, raising questions about Faraday's financial condition.

But LeEco, whose owner Jia Yuentig is behind the Silicon Valley car startup, reportedly received $ 1.44 billion from an unidentified investor on the same day it broke ground on a new electric car factory in China.

He invested in an electric car startup known as Atieva (now called Lucid Motors), and pushed LeEco to develop an EV of its own.

At this month's Consumer Electronics Show in Las Vegas, Chinese - funded electric car startup Byton debuted its first vehicle.

On Sunday at CES, new Chinese - backed car startup Byton unveiled its first drivable prototype — an electric crossover with a screen for a dashboard that's set to launch in late 2019.

The startup abandoned a plan this summer for a proposed $ 1 billion factory in Nevada, but Faraday says it still aims to launch production of its electric autonomous car, the FF 91, in 2018.

If true, though, it would mean Faraday — which has had notable struggles to even finish the design of its first car, despite having spent hundreds of millions of dollars so far — managed to raise nearly as much as electric car startup NIO reportedly netted in a recent round of fundraising.

Speaking with Mattiacci, Jia said he intended for Faraday to use the forthcoming 2017 CES conference in January to launch the startup's own electric car.

SAN FRANCISCO — Faraday Future, the California startup that set out to dethrone Tesla in the electric - car business with ambitious plans to build a self - driving, 1,000 - horsepower entertainment hub on wheels, is officially in trouble.

The Chinese - backed electric vehicle startup NIO raised more than $ 1 billion in its latest fundraising round, Reuters reported on Wednesday, breaking away from a crowded field of young Chinese - funded car firms who've notably struggled to raise money for their own ambitious endeavors.

Struggling electric car startup Faraday Future entered one of the fastest - growing world championships in racing — Formula E — through a partnership with Dragon Racing last season.

The utility company, Chubu Electric Power Co Inc (TYO: 9502), in partnership with an Internet of Things (IoT) startup, Nayuta, carried out a dummy transaction using Bitcoin running LN to pay for an electric car at a charging Electric Power Co Inc (TYO: 9502), in partnership with an Internet of Things (IoT) startup, Nayuta, carried out a dummy transaction using Bitcoin running LN to pay for an electric car at a charging electric car at a charging station.

In addition to Tesla, the traditional automakers will face competition from newcomers, such as Faraday Future, the buzzy electric car startup that is debuting at CES.

Electric car startup Fisker Automotive has filed a lawsuit charging insurance company XL Insurance America with breach of contract for denying coverage of its claim after 338 of its Karma cars were destroyed due to flooding in Superstorm Sandy.

We first learned about Faraday Future in the summer of 2015 when Motor Trend reported that the startup was poaching talent from Tesla to build its own electric car.

It looks like Tesla is going to face a new competitor in the luxury electric car market soon: an upcoming startup called Faraday Future.

At this year's CES, troubled electric car startup Faraday Future presented itself as the company that would usher in «the next generation of sustainable luxury mobility.»

Separately, Jia is also the main investor in the US electric car startup Faraday Future.

In January, the startup revealed what it said was the world's fastest electric car, showing footage of its 1,050 - horsepower FF91 outracing Tesla Inc.'s Model S during a showpiece event in Las VegaIn January, the startup revealed what it said was the world's fastest electric car, showing footage of its 1,050 - horsepower FF91 outracing Tesla Inc.'s Model S during a showpiece event in Las Vegain Las Vegas.

A startup carmaker, Faraday Future, is promising again to have electric cars roll off a new $ 1 billion assembly line in southern Nevada in 2018.

In an interesting twist, LeEco is also bankrolling Faraday Future, the California - based electric car startup that has poached hundreds of auto industry staff in recent years and is currently building a $ 1 billion factory in NevadIn an interesting twist, LeEco is also bankrolling Faraday Future, the California - based electric car startup that has poached hundreds of auto industry staff in recent years and is currently building a $ 1 billion factory in Nevadin recent years and is currently building a $ 1 billion factory in Nevadin Nevada.

The prototypes that have garnered the most attention, from startups like Lilium, Volocopter, Ehang, and Vahana, have more in common with drones than cars, with autonomous features and multiple rotors powered by electric batteries.