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Audi wants an electric supercar, and the company would like to have it sooner rather than later. The information comes from Peter Mertens, new to Audi and its head of technical development. Mertens told Car and Driver that “it is part of our plans.” He added that he wants to have that supercar in a […]

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Chinese search engine giant Baidu is jumping into the electric hypercar race after investing about $600 million in NextEV. Shanghai-based NextEV has been seeking capital to roll out its Tesla-competitive NIO brand. The startup hosted a splashy launch event at Saatchi Gallery in London in November, dazzling attendees with the NIO EP9. NextEV is calling […]

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The odds of Faraday Future facing imminent collapse might have gone up as the company’s chief executive left on the eve of the product launch in Las Vegas. Ding Lei, a LeEco executive who’d been serving as acting “global” CEO, has left that role with FF, according to The Verge and reported by Autoblog. Earlier […]

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Faraday Future has been building intrigue over its electric production car reveal planned next month at CES, but questions are coming up over the future of the company. The startup electric carmaker appears to be getting hit by financial crises and internal conflict with owner-company, and electric car competitor, LeEco. More is being revealed, including […]

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Porsche’s chief has predicted the upcoming Mission E electric supercar will make up 10 percent of the company’s sales. After it launches in 2019, the 600-horsepower Mission E will make for one out 10 of its cars sold globally, said CEO Oliver Blume. “We have calculated a quantity in the order of about 20,000 for […]

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LeEco’s co-founder has admitted to turbulent financial conditions that may pull back the Chinese technology conglomerate’s plans to compete in electric “supercars” through its LeEco and Faraday Future ventures. In a letter to employees obtained by Bloomberg News, company co-founder Jia Yueting admitted that the company is running out of cash through its rapid expansion. […]

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LG Chem may be the leading supplier of lithium ion cells to Faraday Future. According to a Korea Herald article reported by Inside EVs, LG Chem signed a deal with Faraday Future for a supply worth about 2.7 trillion won ($2.4 billion) in August. The announcement had been delayed by the South Korean government’s “recent […]

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Faraday Future may follow rival Tesla Motors’ lead by building an auto factory in the San Francisco Bay Area. The electric car startup has been in discussions with Vallejo officials to build a factory on the former Mare Island naval base near the coast of San Francisco. The Vallejo City Council will vote on whether […]

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Customized supercar maker Pininfarina is reportedly working on an electric sports car. In doing so, the Mahindra & Mahindra-owned Italian car design firm and coachbuilder is taking lessons learned from the FIA Formula E electric racing circuit. Pininfarina has been providing a factory team in the FIA racing series that uses only electric-powered cars. The […]

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The BMW i8 will be following planned changes to the i3 in the next year, with more horsepower and longer battery range. While details are yet to be officially released, BMW sources reportedly say the new i8 will be getting a more powerful electric motor than its current 129 horsepower unit. Combined with the 1.5 […]

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