German tuning firm Abt Sportsline has turned its attention to the new Cupra Formentor, boosting power from 306bhp to 365bhp and adding bespoke styling elements. The Formentor is the latest Volkswagen Group model to receive the Abt treatment, following last year’s 419bhp take on the Audi Q5 55 TFSIe and a heavily modified version of the Audi… Continue reading Abt Sportsline boosts Cupra Formentor to 365bhp
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Rivian uses one of Elon Musk’s favorite job-interview techniques to determine which candidates stand out from the pack (TSLA)
Rivian and Elon Musk note the amount of detail job seekers use to describe problems they’ve faced. To Musk, too little detail indicates you’re overstating the role you played. For Rivian, failing to give credit to coworkers suggests you’re not a team player. Visit Business Insider’s homepage for more stories. Rivian CEO RJ Scaringe and… Continue reading Rivian uses one of Elon Musk’s favorite job-interview techniques to determine which candidates stand out from the pack (TSLA)
Billionaire investor Seth Klarman lambasts the Fed for distorting markets — and says Tesla’s stock has surged ‘seemingly beyond all reason’
Seth Klarman, president and CEO of the The Baupost Group Getty Images/ Scott Olson Billionaire investor Seth Klarman warns stimulus and interest rates are masking market risks. The Baupost chief compared investors to “frogs in water that is slowly being heated to a boil.” Klarman added that Tesla stock has surged “seemingly beyond all reason.”… Continue reading Billionaire investor Seth Klarman lambasts the Fed for distorting markets — and says Tesla’s stock has surged ‘seemingly beyond all reason’
Hyundai becomes third OEM to invest in Israel’s UVeye
Israel-based UVeye, a developer of automated vehicle-inspection systems, has secured strategic investments from Hyundai Motor Company and several other investors to accelerate the company’s global expansion plans. The company counts Volvo and Toyota Motor Corporation among its early backers. The company has raised more than $40 million (Rs 296 crore) from carmakers and other strategic… Continue reading Hyundai becomes third OEM to invest in Israel’s UVeye
Construction of the Scuderia Cameron Glickenhaus SCG 007 Le Mans Hypercar continues – Professional Motorsport World
With the 2021 WEC season set to get underway in in March, Toyota has been putting testing miles on its GR010 hypercar, though both ByKolles Racing and Scuderia Cameron Glickenhaus (SCG) are also due to field cars in the class this year. Details of the ByKolles entry remain sparse, with the team having released only… Continue reading Construction of the Scuderia Cameron Glickenhaus SCG 007 Le Mans Hypercar continues – Professional Motorsport World
Bolt Acquires Assets From Last Mile
Bolt Mobility Corporation, a Miami, FL-based micromobility company, acquired the assets from Last Mile Holdings (TSXV: MILE). Last Mile Holdings (TSXV: MILE), formerly OjO Electric, is one of the largest micromobility companies in the U.S., offering a broad product suite. Last Mile has university campuses and municipal contracted shared mobility systems under the OjO and… Continue reading Bolt Acquires Assets From Last Mile
German Handelsblatt: Carbon dioxide emissions: Volkswagen just misses the EU’s CO2 target: a million-dollar fine threatens001143
Volkswagen misses emissions targets VW parking lot in Wolfsburg: The car company will only meet the EU emissions standards this year. (Photo: dpa) Düsseldorf The Volkswagen Group just missed the European fleet targets for carbon dioxide emissions. As the company announced on Thursday, the average value of all cars sold in Europe in the past… Continue reading German Handelsblatt: Carbon dioxide emissions: Volkswagen just misses the EU’s CO2 target: a million-dollar fine threatens001143
Porsche launches interactive showroom in Delhi
Porsche is strengthening its presence with the opening of a new, interactive showroom concept in Delhi, the first of its kind in India. Porsche Studio Delhi joins the line-up of exclusive locations around the world to embrace an innovative retail environment that enables the sports car manufacturer to interact with a wide spectrum of target… Continue reading Porsche launches interactive showroom in Delhi
Tata Technologies says focusing on electric mobility under turnaround plan
Pune: Engineering and product development digital services firm Tata Technologies on Monday said they were focusing on electric vehicles and a previously in-house learning platform to train students as a part of its post-pandemic turnaround plan in India. “There is a real shift in terms of firms investing in digital solutions. They are building supply… Continue reading Tata Technologies says focusing on electric mobility under turnaround plan
Volkswagen working on new high-tech electric flagship
Volkswagen is working on a new high-tech electric flagship model that will be built on an advanced bespoke platform currently under development. Referred to as Project Trinity, the EV is described as “a highly efficient flat-seat concept with an iconic design”. Shown under a cover in a preview image, it looks to take design inspiration from the… Continue reading Volkswagen working on new high-tech electric flagship