California electric-vehicle startup Karma Automotive is in the process of expanding its lineup beyond a single sedan. This is the company born out of the remains of the original Fisker Automotive, and whose first model, the 2017 Revero, was an…
Tag: startup
After unveiling own platform, Foxconn invests in troubled EV startup Byton
Taiwanese company Foxconn has entered a deal with Chinese electric-vehicle startup Byton and the Chinese government’s Nanjing Economic and Technological Development Zone, which could see it to take a more direct role in car manufacturing. The parties will attempt to…
EV startup Canoo goes public with Nasdaq listing
Canoo is the latest electric vehicle startup in the United States to go public, with its shares starting to trade on the Nasdaq on Tuesday under ticker symbol “GOEV.” The shares opened at a price of $ 22.82 and at…
Startup unveils 1,048-hp super coupe that looks like a GT3 race car
British startup Naran Automotive on Wednesday revealed a 2+2 “hyper coupe” inspired by GT3 race cars. It’s scheduled to launch next year, with a production run limited to 49 units. GT3 cars are generally based on existing production models, but…
Former CEO of VW Group, Porsche named chairman of EV startup Piech
It’s been a while since we last heard from Swiss EV startup Piech. The company co-founded by a son of Ferdinand Piëch first made headlines in 2019 when it presented the striking Mark Zero sports car concept at the Geneva…
Tesla sues EV startup Rivian over alleged trade secrets theft
Tesla last week filed a lawsuit against Rivian over allegations the EV startup made efforts to gather confidential information from Tesla by recruiting former Tesla staff and encouraging them to take such information prior to leaving their job. In its…