electric

Lucid’s upcoming electric car will be the first to feature Dolby Atmos

Lucid Motors is gearing up for the release of its first electric vehicle, the Lucid Air sedan, and at SXSW, the company revealed a unique detail of the upcoming automobile: it’ll be the first car to offer Dolby Atmos sound, thanks to its 21 speaker “Surreal Sound” system.

In a four minute-plus video detailing the new sound setup, the company highlights its ability to not only merely adjust the placement of sound in the vehicle on a horizontal plane (i.e., shifting between left and right sides of the car or from the front to the back) but also vertically — allowing for music or ambient car signals to be targeted higher or lower inside the car.

“It was very obvious to us that Lucid was trying to do something different and trying to do something that was unique to the automotive experience,” said Tim Pryde, Dolby’s director of music.

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BMW has no plans to produce its own electric vehicle batteries

The BMW Tower photographed in Munich, Germany, on March 6, 2021.

Anne Czichos | iStock Editorial | Getty Images

The BMW Group has no plans to manufacture in-house electric car batteries, with the German automotive giant’s CEO telling CNBC that his firm had a robust network of suppliers to meet its demands.

“We have strong contracts with various battery manufacturers from China, from Korea, also from Europe, and that is a very strong network,” Oliver Zipse said.

“They will supply us with enough batteries for our ramp up for the next couple of years,” he added. “And for us, there’s no necessity to go into our own production.”

Zipse’s comments come shortly after German rival Volkswagen Group said it was aiming to establish several “gigafactories” in Europe by the end of the decade.

“Together with partners, we want to have a total of six cell factories up and running in

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Volvo says it will be ‘fully electric’ by 2030, move car sales online

Volvo Cars said Tuesday it planned to become a “fully electric car company” by the year 2030, with all sales of the firm’s pure electric models set to move online.

In order to meet its target, the company will look to remove cars with internal combustion engines — including hybrids — from its global offering by the end of the decade.

The Chinese-owned automotive giant launched its first all-electric car last year. In the mid-term, it wants half of global sales to be fully electric by 2025, with hybrids accounting for the other half.

“There is no long-term future for cars with an internal combustion engine,” Henrik Green, Volvo Cars’ chief technology officer, said in a statement.

“We are firmly committed to becoming an electric-only car maker and the transition should happen by 2030,” Green added.

Speaking to CNBC’s “Squawk Box Europe” on Tuesday morning, CEO Håkan Samuelsson sought to

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Apple Supplier Foxconn Teams up With Fisker to Make Electric Vehicles | Technology News

By Akanksha Rana and Ben Klayman

(Reuters) – Electric-car maker Fisker Inc said it will work with Apple Inc supplier Foxconn to produce more than 250,000 vehicles a year beginning in late 2023, sending its shares up 18%.

The deal, codenamed “Project PEAR” (Personal Electric Automotive Revolution), is looking at markets globally, including North America, Europe, China and India, Fisker said.

Foxconn, Apple’s main iPhone maker, has ramped up its interest in electric vehicles (EVs) over the past year or so, announcing deals with Chinese electric-car maker Byton and automakers Zhejiang Geely Holding Group and Stellantis NV’s Fiat Chrysler unit.

Sources have said Apple is targeting 2024 to produce a passenger vehicle.

Foxconn aims to provide components or services to 10% of the world’s EVs by 2025 to 2027, Chairman Liu Young-way said in October.

The Taiwan-based company’s approach poses a major threat to established automakers that technology companies

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