Another EV Startup Goes Public - Mullen Meets Net Element

Electric-vehicle startups seem to be everywhere these days. And more than a few have used a “reverse merger” with an established company that’s already listed on Nasdaq as a way to go public.

Lordstown Motors, Fisker, and Canoo have announced deals like this, and Nikola has already done this type of deal.

In this case, Mullen Technologies, which is based in Southern California, will pair with Net Element, a company that works on mobile payment tech.

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Maverick Returns? Spied Tailgate Hints at Ford Pickup to Come

It’s no secret that Ford has a compact, unibody pickup coming down the product pipeline, what with well-camouflaged prototypes seen by photographers and the admission from the company that a small trucklet is something it feels is worthwhile pursuing.

A small truck based on the same platform underpinning the Escape and Euro-market Focus might well prove a valuable addition to the company’s crowded utility lineup, but we now have a fairly solid piece of evidence that this product will resurrect a bit of the past.

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Nissan Ariya Debut Coming In July; CEO (Again) Promises to Right the Ship

I’m your man, Nissan CEO Makoto Uchida told shareholders at an annual meeting Monday, promising to take a pay cut while firming up the fiscal foundations of an automaker that was floundering even before the pandemic hit.

Nissan rolled out a very different kind of four-year plan in late May. Cost-cutting and consolidation is the name of the game going forward, but shareholders often want more assurance than a blueprint can provide.

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Nameplate From the Past Returns in Trademark Filings

Model names usually remain the property of their original owner. The trademark gets renewed again and again, long after the vehicle bearing the name shuffles into retirement, lest it fall into someone else’s hands.

In this case, three automakers have placed the name somewhere on a vehicle.

That name is Hornet, and recent U.S., Canadian, and Mexican trademark applications show that Fiat Chrysler — and especially the Dodge brand — wants to keep it secure. But why?

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Rivian: Not Quite As Expensive As First Thought

Despite offering a choice of battery sizes, Rivian’s R1T pickup, scheduled for production late this year, was not revealed under a banner of affordable green motoring. Nor was the R1S SUV that followed it. The Michigan-based startup’s first vehicles instead wowed onlookers with their tech prowess and capability — four hub motors, an innovative platform, and a maximum range of 400 miles — and prices that were fairly comparable with existing high-zoot pickups and SUVs.

Carrying a starting price of $69,000 at its debut, the R1T is now said to be in line for a price drop. Same goes for the R1S.

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Volvo's Biggest Is Due for a Green Makeover

Volvo’s XC90 midsize crossover is both a tony vehicle and a solid seller, but the push into electrification that began with the crossover’s second generation will be completed in its third.

The automaker has announced that the third-gen XC90, which arrives in 2022, will ditch gas-only powerplants for good.

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Speaking of China - Tesla's Thinking Small

While we’re on the subject of American (or somewhat American) automakers looking to beat the Chinese at their own EV game, Tesla has announced a new direction in that massive electric vehicle market.

With Model 3s now rolling into buyers’ hands from its just-opened Shanghai assembly plant, the automaker has turned its eye to the lower end of the market.

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Kia Imagine Bound for Production As EU Leaves Automaker 'No Choice'

A fairly stylish electric concept car revealed this past year by Kia will become a reality in 2021, the automaker’s European chief operating officer claims. The Kia Imagine, a high-riding, fastback C-segment offering, will be put into production on a dedicated platform not only because the company feels it’s a potentially successful vehicle, but because it has little choice in the matter.

Come 2020, the European Union plan to level punitive fines on any automaker caught breaking its increasingly stringent fleetwide emissions standards. It’s a case of go electric, or pay up.

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Rumor Mill: A Baby Ford Mustang Mach-E, With Help From Volkswagen?

Suffice it to say this rumor won’t go over well with TTAC readers, assuming we’ve gauged their interests and allegiances right.

While it’s well known that Ford has designs on alliance partner’s Volkswagen’s dedicated electric vehicle architecture, a product that may spring forth from the alliance’s R&D loins might cause Ford naysayers to double down on their criticism of the Blue Oval’s product direction.

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Distressing Photo Calls Attention to Future Bimmer's Face

A photo supposedly taken on a BMW factory floor and uploaded to BimmerPost appears to show a production-ready passenger car with a face only a mother could love.

It’s no secret that BMW’s signature kidney grille has expanded in recent years, first touching in the middle before heading downward for extra acreage. It’s part of the automaker’s attempt at simple yet bold vehicle design, and it seems to be working. For better or worse, they’re getting noticed. And it will certainly be difficult not to notice this Bimmer’s snout when it rolls into a dealer or driveway near you.

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Mazda MX-30: Down With Gasoline (and B-pillars)

Mazda put the future on display at the Tokyo Motor Show on Wednesday, unwrapping a battery-electric crossover that thankfully gives us something a little avant-garde to look at.

The brand’s compact EV makes things interesting not by offering a 130-mile range and relatively small battery pack (35.5 kWh), but by employing a team of designers to boost visual appeal in an otherwise bland segment. Kodo design language is front and center here, as is a cabin designed to instill a sense of openness. Materials that only Mazda could get excited about abound. Yet that’s not the MX-30’s most striking feature.

It’s about time another automaker returned to clamshell doors.

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Dyson's Electric Automobile Bites the Dust

Despite Dyson’s promise of delivering multiple versions of an electric car that would surpass everything we’ve seen before and confirmation that it had functional prototypes already in testing, the company has axed its EV program entirely.

The firm announced its decision on Thursday, quoting founder James Dyson directly. “The Dyson Automotive team have developed a fantastic car; they have been ingenious in their approach while remaining faithful to our philosophies,” he explained. “However, though we have tried very hard throughout the development process, we simply cannot make it commercially viable.”

Dyson stated that the company was unable to find a buyer for the project, leading the board to suggest the £2.5 billion ($3.11 billion) automotive project be abandoned. While the corporation did not indicate how much of the capital was leftover, it said the funds would be used improve the Dyson Institute of Engineering and Technology or funneled into other tech programs. Any advancements stemming from its EV research will be utilized wherever possible — including commercial licensing agreements.

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Volvo Readies Its First EV for October Debut

Volvo, the brand TTAC commenters can’t get enough of (when they’re not talking Infiniti), will soon enter a fledgling segment no automaker seems capable of steering clear of: electric vehicles.

The new model, due for an October unveiling, won’t be an unfamiliar, futuristic blob that leaves viewers feeling cold and scared. Like many of its rivals, Volvo has opted to fully electrify an existing model. And what model has a longer-term viability than a compact crossover?

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Following Big Cash Dump, Amazon Taps Rivian for 100,000 EVs

Isn’t Rivian the popular thing these days? Courted by Amazon and Ford with investments of $700 million and $500 million, respectively, the Michigan-based EV startup recently gained a cash infusion from Cox Automotive.

Now, that very first investment is bearing fruit — 100,000 pieces of it, promised for a three-year delivery window.

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Bill Ford Envisions a Trunk in the Front, a Bed in the Back

Despite the amount of electric vehicle hype soaking today’s society, Ford’s upcoming electric F-150 pickup remains shrouded with mystery. What kind of power can customers expect? Range? Payload? Towing capacity? There’s few details of this looming creature, and even fewer details of General Motors’ EV pickup.

What’s left is enthusiasm from the Glass House and come-down-to-earth predictions from auto analysts.

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  • MaintenanceCosts Poorly packaged, oddly proportioned small CUV with an unrefined hybrid powertrain and a luxury-market price? Who wouldn't want it?
  • MaintenanceCosts Who knows whether it rides or handles acceptably or whether it chews up a set of tires in 5000 miles, but we definitely know it has a "mature stance."Sounds like JUST the kind of previous owner you'd want…
  • 28-Cars-Later Nissan will be very fortunate to not be in the Japanese equivalent of Chapter 11 reorganization over the next 36 months, "getting rolling" is a luxury (also, I see what you did there).
  • MaintenanceCosts RAM! RAM! RAM! ...... the child in the crosswalk that you can't see over the hood of this factory-lifted beast.
  • 3-On-The-Tree Yes all the Older Land Cruiser’s and samurai’s have gone up here as well. I’ve taken both vehicle ps on some pretty rough roads exploring old mine shafts etc. I bought mine right before I deployed back in 08 and got it for $4000 and also bought another that is non running for parts, got a complete engine, drive train. The mice love it unfortunately.