SEC sues Tesla CEO Elon Musk over going-private tweet

Elon Musk at Tesla Model 3 revealThe Securities and Exchange Commission sued Tesla CEO Elon Musk for securities fraud Thursday over his Aug. 7 tweet when he announced he had “funding secured” to take Tesla private. In the complaint, filed in federal court in Manhattan, the SEC said Musk made “‘false and misleading public statements and omissions” that harmed investors. The suit…
Source: Hybrid and Electric Car News and Reviews

2019 Jaguar I-Pace, California electric-car rebates, and latest Elio Motors plans: Today's Car News

2019 Jaguar I-Pace, 3-day test driveWe spend three days with the 2019 Jaguar I-Pace for a real-world review. California considers upping its electric-car rebate. Elio Motors ditches plans to build its own engines. And electric cars may not be so innocent when it comes to parking in designated charging spots. All of this and more on Green Car Reports. GCR spent three days in the real…
Source: Hybrid and Electric Car News and Reviews

Want an Audi e-tron quattro electric? Expect to wait

2019 Audi e-tron quattro, in European trim, at San Francisco launch eventWith its first electric car, Audi plans to change more than what powers the car. Ripping another page from Tesla’s playbook, the traditional car company plans to reserve its new electric 2019 Audi e-tron SUV for special orders. Instead of selecting among a wide variety of cars on a local dealer’s lot, customers will have to put down a deposit and…
Source: Hybrid and Electric Car News and Reviews

Lucid's power grows, Audi e-tron reservations, and Renault battery storage network: Today's Car News

Lucid AirLucid Motors will give owners access to Electrify America’s fast-charging network. Expect to wait for an Audi e-tron electric car. Renault plans for Europe’s largest battery storage network. And the results are in from our latest Twitter poll. All of this and more on Green Car Reports. Electric-car startup Lucid Motors has signed a preliminary…
Source: Hybrid and Electric Car News and Reviews

Lucid owners will get access to Electrify America's chargers, another jab at Tesla

Lucid Air prototype during high-speed test at Transportation Research Center, OhioLucid owners will get prepaid access to Electrify America’s growing number of fast-charging stations when their cars arrive sometime after 2020, both companies announced Tuesday. Electrify America didn’t provide details about the program for Lucid owners, including how much charging owners would have access to, whether it would be available via…
Source: Hybrid and Electric Car News and Reviews

Here's the battery pack behind VW's global electric-vehicle push

VW Battery PacksNo single core component in an electric vehicle costs more—or probably matters more for the acceptance of EVs—than the battery pack. Many would argue that one of the best decisions Tesla ever made was going with the Panasonic 18650 cells in the Model S (and later, Model X). Thanks in part to good power management and thermal planning…
Source: Hybrid and Electric Car News and Reviews

Old electric car batteries, VW battery pack, and Volvo XC60 T8 plug-in: Today's Car News

2019 Volvo XC60Take a closer look at what happens to older electric car batteries. VW shares the first details about the battery pack behind its global electric-car strategy. Volvo recalls the XC60 T8 plug-in’s charging cable. And we provide an answer to the question: What happens when electric cars are flooded? All of this and more on Green Car Reports. What…
Source: Hybrid and Electric Car News and Reviews

Porsche kills diesels, BMW iX3 electric car orders, and Kia Soul EV: Today's Car News

BMW iX3 Concept rear 3/4Porsche declares it’s done building diesel-powered cars. The BMW iX3 electric car tallies 1,000 reservations in Norway. Kia drops the most affordable Soul EV variant. We ask which electric SUV has readers most interested in a new Twitter poll. And will VW build any of its electric cars in the United States? All of this and more on Green Car…
Source: Hybrid and Electric Car News and Reviews

Orders in: 1,000 buyers in Norway reserve coming all-electric BMW iX3 crossover SUV

BMW Concept iX3BMW opened order books for its upcoming electric iX3 in Europe at the beginning of September, and the company already has deposits for 1,000 in Norway. In a page out of the Tesla playbook, the Norwegian buyers each put down deposits of almost $1,900 (1,600 Euros.) News of the deposits was first reported by the Express in Britain. DON’T MISS: BMW…
Source: Hybrid and Electric Car News and Reviews

2019 Kia Soul EV drops most affordable trim

2018 Kia Soul EVThe effective price of a Kia Soul EV has gone up dramatically for 2019, in what is likely to be the model’s last year of production. The company dropped the bottom Soul EVe trim from the lineup. The EVe listed for $1,700 less than the version officially called “base,” according to our partners at CarsDirect.com The Soul EVe was only sold in…
Source: Hybrid and Electric Car News and Reviews