Czinger 21C hypercar builder Divergent Technologies secures access to $80M in new funding

Divergent Adaptive Production System (DAPS) developer Divergent Technologies has gained access to another $80 million worth of capital.  While Divergent Technologies raised $160 million in April 2022, it can now withdraw a further $60 million from a venture loan facility and $20 million from a revolving line of credit, should it need to. Having already… Continue reading Czinger 21C hypercar builder Divergent Technologies secures access to $80M in new funding

Toyota and SOLIZE unveil automotive spare part 3D printing project powered by HP technology

Japan-based automotive manufacturer Toyota has begun working with SOLIZE to 3D print spare car components on-demand, it has been revealed. As part of a project which started last year, Toyota now uses HP Multi Jet Fusion 3D printing to create stock parts, before selling them alongside traditionally-produced spares. In addition to providing the company with… Continue reading Toyota and SOLIZE unveil automotive spare part 3D printing project powered by HP technology

Hyundai imagines a grim future where metaverse ‘artists’ live in their cars

New car events are usually pretty cringe, full of pointless pyrotechnics, emotionless futurescapes, shameless pandering to “the youth,” or hapless CEO antics. (Remember Elon Musk’s Cybertruck window smash fail? Simpler times.) So it is with some degree of hesitation that I must point you to this video from Hyundai as the latest exhibit in this… Continue reading Hyundai imagines a grim future where metaverse ‘artists’ live in their cars

@Ford: Ford’s Thai-Tang and Toney to Retire After Stellar Careers; Dave Bozeman Joins Ford to Lead FCSD, Enthusiast Vehicles

Hau Thai-Tang, chief industrial platform officer, retiring Oct. 1, after accomplished 34+-year career, including overseeing development of multiple acclaimed vehicles and helping lead through COVID-19, supply chain challenges Frederiek Toney, vice president, global Ford Customer Service Division, retiring Dec. 1 after 22 years with Ford, where he drove record growth in FCSD Dave Bozeman joining… Continue reading @Ford: Ford’s Thai-Tang and Toney to Retire After Stellar Careers; Dave Bozeman Joins Ford to Lead FCSD, Enthusiast Vehicles

@GM: GM and Pilot Company to Build Out Coast-to-Coast EV Fast Charging Network July 14, 2022

Powered by EVgo eXtend, this network will help enable long-distance electric travel across the U.S. DETROIT and KNOXVILLE, Tenn., July 14, 2022 /PRNewswire/ — To accelerate the widespread adoption of EVs, increase access to charging and help enable long-distance electric travel of people and vehicles across the U.S., GM and Pilot Company (Pilot and Flying J)… Continue reading @GM: GM and Pilot Company to Build Out Coast-to-Coast EV Fast Charging Network July 14, 2022

Conférence téléphonique sur les résultats du deuxième trimestre 2022

AURORA, Ontario, 14 juill. 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX :MG) (NYSE :MGA) CONFÉRENCE TÉLÉPHONIQUE SUR LES RÉSULTATS DU DEUXIÈME TRIMESTRE 2022VENDREDI 29 JUILLET 20228h00 (HEURE DE L’EST)             NUMÉROS À COMPOSER     Amérique du Nord :International :Diffusion Web :   1-877-412-49461-416-620-9188www.magna.com     La présentation sera disponible sur notre site Web… Continue reading Conférence téléphonique sur les résultats du deuxième trimestre 2022

Webkonferenz zu Ergebnissen des zweiten Quartals 2022 (Q2-2022)

AURORA, Ontario, July 14, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA)  WEBKONFERENZ ZU DEN ERGEBNISSEN FÜR Q2-2022FREITAG – 29. JULI 20228:00 UHR ET             EINWAHLNUMMERN     Nordamerika:International:Webcast:   1-877-412-49461-416-620-9188www.magna.com     Die Präsentation steht vor der Webkonferenz auf unserer Website zur Verfügung.               INFORMATIONEN… Continue reading Webkonferenz zu Ergebnissen des zweiten Quartals 2022 (Q2-2022)

Electric Car Sales Climb Sharply Despite Shortages

Americans are buying electric vehicles at a record pace, undeterred by rising prices and long waits for delivery, a further indication that the twilight of the internal combustion engine is on the horizon. Vehicles that run on batteries accounted for 5.6 percent of new-car sales from April through June, still a small slice of the… Continue reading Electric Car Sales Climb Sharply Despite Shortages

Dueling $2.5 million hypercar EVs arrive this summer

It’s shaping up to be the summer of dueling seven-figure electrified hypercars. But perhaps it’s more of a sibling rivalry, as the Rimac Nevera and Pininfarina Battista share common DNA. Rimac said Tuesday that its $2.5 million 1,914-horsepower Nevera has begun rolling off the assembly line. Pininfarina announced the following day that its own $2.5… Continue reading Dueling $2.5 million hypercar EVs arrive this summer

VinFast EV factory wins North Carolina’s top incentives package

Vietnamese EV maker VinFast said Thursday it received $1.2 billion in incentives to build a factory in North Carolina. The incentive package represents the state’s largest-ever economic development project and its aspirations to build North Carolina into a hub for the clean energy economy. Construction on the 2,000-acre site at the Triangle Innovation Point in Chatham County,… Continue reading VinFast EV factory wins North Carolina’s top incentives package