Category Archives: News

Saudi Arabia Signs a Mega Contract of 100,000 EVs with Lucid

published: 2022-05-05 9:30 | editor | category: News
Lucid Motor, a new electric vehicle startup, has signed an agreement with the Kingdom of Saudi Arabia for the purchase of up to 100,000 electric cars. Saudi Arabia is one of richest countries in the world. This deal represents the biggest procurement of EVs in history. ...  more

Apple Car Rumored to be Made by Foxconn at No Less Than US$100K with iPhone as the Car Key

published: 2022-05-05 9:30 | editor | category: News
Apple may name its Apple Car project as Project Titan. According to a renowned leaker, the research team at the company plans to utilize a significant volume of titanium alloy in its design, and commission Foxconn, a long-term OEM of iPhones, to assemble and manufacture the vehicle, with the iPhone itself being used as the car key. Apple Car is expected to be priced at no less than US$100K, and will be announced in 2025 for the high-end EV market. ...  more

Rivian Receives US$1.5B Grant for New Plant

published: 2022-05-04 9:30 | editor | category: News
Electric vehicle start-up Rivian has won a US$1.5 billion grant from the Georgia state government to build a new factory with an annual capacity of 400,000 vehicles and an estimated 7,500 new jobs in what appears to be a win-win. ...  more

Rivian Receives US$1.5B Grant for New Plant

published: 2022-05-04 9:30 | editor | category: News
Electric vehicle start-up Rivian has won a US$1.5 billion grant from the Georgia state government to build a new factory with an annual capacity of 400,000 vehicles and an estimated 7,500 new jobs in what appears to be a win-win. ...  more