Autonomous driving is not always a relief for cities

Autonomous driving does not necessarily have to solve the traffic problem in cities. Autonomous driving will always be followed by many advantages laid in the cradle. Some studies say it would be more environmentally friendly and relieve cities. But is that really true? A study from Sweden has reviewed the benefits of autonomous driving. In… Continue reading Autonomous driving is not always a relief for cities

Lucid raises its EV prices as the company continues to struggle with production

Lucid Motors is raising the prices of its luxury electric vehicles, as the company continues to struggle with production. The company reported delivering only 360 vehicles to customers in the first quarter of 2022. As of June 1st, Lucid’s newly increased prices will be $154,000 for the Air Grand Touring (previously $139,000), $107,400 for Air… Continue reading Lucid raises its EV prices as the company continues to struggle with production

2023 Pagani C10 is Huayra replacement with dynamic remit

Small winglets in the front grille ahead of the huge radiators look to be possible aerodynamic aids, while subtle yet sizeable air intakes on the roof and across the rear buttresses will draw air into the engine bay. These spy photographs have also given us our first look at the rear of the car. The… Continue reading 2023 Pagani C10 is Huayra replacement with dynamic remit

All indicators show that India is on the growth path: Goyal

“So all indicators show that the country is on the right path, growth path, recovery path and the revival path,” Goyal said. All the key indicators such as jump in exports and high GST collection in April reflect that the country’s economy is on the growth path, commerce and industry minister Piyush Goyal said on… Continue reading All indicators show that India is on the growth path: Goyal

Hybrid vehicles increased their sales by 25.1% in the European Union in the first quarter of 2022

May 6, 2022 Posted by: Jorge Platero Category: Faconauto News The increase in the market share of electric hybrid vehicles is a reality, but they still do not surpass combustion vehicles. As reported by ACEA, sales of hybrid electric vehicles increased by 25.1% compared to battery electric vehicles that managed to increase by 12%. Although… Continue reading Hybrid vehicles increased their sales by 25.1% in the European Union in the first quarter of 2022

50 jobs threatened: in Saint-Vit near Besançon, the automotive subcontractor SV Découpage is playing for its survival

Placed in receivership, the automotive subcontractor and assembler of metal parts based in Doubs has been facing a drop in its turnover for three years. Explanations. They still have customers. This is perhaps what allows them to still keep a little faith. Employees know, however, that the days of their company are numbered. SV Découpage… Continue reading 50 jobs threatened: in Saint-Vit near Besançon, the automotive subcontractor SV Découpage is playing for its survival

‘Elon Musk to lead Twitter temporarily after $44 billion takeover’

Tesla CEO Elon Musk Elon Musk is expected to become Twitter’s temporary CEO after closing his $44 billion takeover of the social-media firm, a person familiar with the matter said on Thursday, as the billionaire inches closer to securing funds for the deal. Musk, the world’s richest man, is also the CEO at Tesla Inc… Continue reading ‘Elon Musk to lead Twitter temporarily after $44 billion takeover’

Ferrari SP48 Unica unveiled as one-off V8 berlinetta

Ferrari has uncovered its newest one-off supercar commission: the SP48 Unica. Starting with the platform and twin-turbocharged V8 from the F8 Tributo, Ferrari has given the SP48 an entirely bespoke body and an optimised aero package, alongside unique interior finishes. The new car is destined for one of Ferrari’s ‘long-standing clients’, who was closely involved… Continue reading Ferrari SP48 Unica unveiled as one-off V8 berlinetta

Vietnam-based investment app Finhay said to raise $25m funding

Singapore-based Openspace Ventures and mid-market private equity firm Vietnam Investment Group (VIG) are understood to have co-led a $25 million funding round for Vietnamese robo-advisor Finhay. Finhay’s existing backer, Thien Viet Securities (TVS), also participated in the round, sources familiar with the matter told DealStreetAsia. Go to Source