Category: News Site

Ford focuses on middle mile in autonomous transportation

The manufacturer Ford and its startup Argo AI want to take on the middle mile. Cargo shipments are divided into three sections: the first, middle and last mile. The last mile means delivery to customers, the middle mile to the distribution center before and the first mile is from production to the distribution center for… Continue reading Ford focuses on middle mile in autonomous transportation

Stellantis expands its car-sharing offering by acquiring Share Now from BMW and Mercedes-Benz

Stellantis continues to bet on car sharing. The French automotive group announces, this Tuesday, having reached an agreement with BMW and Mercedes-Benz for the acquisition of their Share Now service. If the three manufacturers have “agreed not to disclose the details of the transaction”, for analyst Jürgen Pieper of the private bank Bankhaus Metzler quoted… Continue reading Stellantis expands its car-sharing offering by acquiring Share Now from BMW and Mercedes-Benz

Tesla, new profit champion among automakers

Who would’ve believed that ? Barely a year ago, Tesla’s meager profits came largely from sale of CO2 credits . Today, against all odds, the champion of the electric car has also become the champion of profitability in the automotive industry. According to the ranking established by the firm EY based on the 2021 accounts… Continue reading Tesla, new profit champion among automakers

Wiesmann is back with a 500kW electric roadster – Stuff.co.nz

Wiesmann is back with a two-seater electric roadster producing 500kW. Funky German custom builder Wiesmann is back after being bought out and restarted in 2016, with a new all-electric two-seater roadster. Called Project Thunderball, it does away with the previous Wiesmann tradition of using BMW engines in favour of two electric motors, both mounted on… Continue reading Wiesmann is back with a 500kW electric roadster – Stuff.co.nz

The Drako GTE Was The World’s First Four-Seat Hypercar – HotCars

There’s something beguiling about this car. It reminds us of the Estoque: the four-seater Lamborghini that wasn’t meant to be. The Drako GTE EV is genuinely the first four-seater hypercar in the world, but the Koenigsegg Gemera stakes that claim rather embarrassingly – and if we ever stood the chance, we’d like to punch someone… Continue reading The Drako GTE Was The World’s First Four-Seat Hypercar – HotCars

Rivian lands $1.5B incentives package to build massive EV factory in Georgia

Rivian will receive a $1.5 billion incentives package to build its massive factory in Georgia, according to documents posted Monday by the state’s Department of Economic Development. That sizable carrot — the biggest in the state’s history — comes with several commitments from Rivian, including that it will hire 7,500 people who will earn an… Continue reading Rivian lands $1.5B incentives package to build massive EV factory in Georgia

Stellantis’ $2.8 billion investment secures future for Brampton, Windsor plants

The maker of Chrysler, Dodge, Jeep and Ram vehicles on Monday said it will invest $2.8 billion (3.6 billion Canadian dollars) into its Canadian operations for its electric transition, preserving the futures of both Windsor and Brampton assembly plants and creating its first battery lab in North America. The amount is more than double the commitment Fiat… Continue reading Stellantis’ $2.8 billion investment secures future for Brampton, Windsor plants