Auto industry 25 results

Fiat Chrysler: Investing in the Future of American Manufacturing

Fiat Chrysler Automobiles said on Sunday it will invest $1 billion to modernize two domestic plants. This move raises the stakes for many automotive manufacturers as many are making big changes after president-elect Trump’s criticisms of key industry influencers. Although Fiat Chrysler seems to be doing this as a preemptive measure, many close to the company say this move has been in the works ...

Faraday Future Unveils The FF91: Met With Technical Issues

Faraday Future launched in 2014 and was known for their low profile. Finally they reveal to the world their first self-driving electric car, the FF91. Claiming to be faster than the Tesla Model S, zero to 60mph in 2.39 seconds, the automotive world waited with baited breath.   The Chinese-backed automotive startup is focused on making their way into the quickly expanding Electric ...

Nikola One Officially Unveiled

Nikola Motor Company, the innovative Tractor Trailer startup has debuted their electric powered semi-truck to the world. The event took place in Salt Lake City and the announcements made were exciting to say the least . The entire supply chain stands to gain from this new technology and manufacturers shipping their good across the country may see some financial benefits from a more efficient ...

Tesla Motors Inc. and SolarCity Become One: What Does This Mean For The Future?

It is official, Elon Musk’s Tesla Motors Inc. has made it past the realm of Electric Vehicles and officially becomes a clean-energy company. Thursday, shareholders voted on whether or not to approve the acquisition of SolarCity Corp and it passed with flying colors. The deal is valued at $2 billion according to Bloomberg and has greatly expanded Tesla Motors Inc.’s reach throughout the clean ...

Faraday Future Nevada Facility Put On Hold

The electric vehicle automotive industry is in its infancy, ruled by auto manufacturer Tesla Motors at the moment. However, this hasn’t stopped traditional automotive manufacturers like General Motors, Volkswagen and Nissan from going after a piece of the pie. Even technology companies like Apple and Alphabet are looking to diversify and try their hand with these green vehicles. But recently ...