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Kia EV9 wins, Fisker franchises, Tesla tops BYD, leather in EVs: The Week in Reverse

Baua Electric

Which company faced a $1.7 Fourth-quarter sales results released this past week showed that while Tesla led in 2023 global EV sales , the Chinese automaker BYD pulled ahead of Tesla toward the end of the year. Which EVs made the tax-credit shortlist in 2024? billion fine for diesel emissions cheating?

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Faraday Future promised $1.5 billion, says FF 91 will arrive by end of this year

Green Car Reports

Starting a car company is not only very, very hard—as Tesla, Fisker, and many others testify—but requires breathtaking sums of money. Now struggling Faraday Future, the electric-car startup firm whose entrepreneurial Chinese backer is facing legal action in his home country, appears to have found a well-heeled savior.

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Fisker Bid By Geely Deemed 'Too Risky' Due To U.S. Government Loans

Green Car Reports

While Henrik Fisker's departure from the company he founded has dominated the headlines of late, Fisker Automotive itself still has other problems to deal with. Top of the list is finding a buyer to help fund its future, and up until now, two Chinese companies--Dongfeng Motor Group Co.

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Honda and Nissan are Teaming Up to Accelerate EV Development

The Truth About Cars

Nissan and Honda are Japan’s third and second largest automakers after Toyota, and the partnership will involve EV parts sharing and the potential for battery design work in the future. Both see the agreement as a way to remain competitive and manage costs as they work to stave off intense competition from Chinese and South Korean automakers.

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Foxconn about to start Electric Vehicles.

Electric Vehicles India

Taiwan tech company Foxconn about to start Electric Vehicles. The company also clarified the plan to build for automotive customers rather than selling to customers under its brand.” The company also brought a manufacturing facility in the US, which was earlier owned by Tesla rival Lords town Motors, to make electric cars.

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A123 Systems to develop battery pack for new EV from SAIC

Green Car Congress

The announcement accentuates the A123/SAIC joint venture—the first to be established between a non-Chinese battery manufacturer and a leading Chinese automaker, according to A123 Systems—and its focus on developing, manufacturing and selling complete vehicle traction battery systems in China. for production. Earlier post.).

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These StartUps are going to Challenge Tesla

MyEVOnline

With a market capitalization of $107 billion in January 2020, it stands second behind Toyota, among the most valuable auto companies globally. However, alongside fast Tesla growth, new companies have also entered the EV market, intending to become “The Next Tesla” Start-Ups Planning to Compete Tesla. Fisker Inc.