In the electric hypercar segment this year, all the shouting and jumping up and down has been done by Rimac, Lotus, and Pininfarina. While they were having a fight in the corner, Aspark just quietly slipped through the cracks. Now, however, they have revealed with a hammer blow to the rest of the hypercar EV… Continue reading Aspark Owl EV Completes Testing, Ready For Customer Deliveries – Wade Thiel
Category: News Site
Ford joins Copper Mark, assures environmental commitment in supply chain
Copper cathodes. Ford uses significant quantities of copper in instrument panel wiring, engine wiring, cables and converters. Ford has become the first corporate partner to The Copper Mark, the only comprehensive social and environmental assurance program for the copper industry. The partnership, finalized earlier this year, aligns with Ford’s sustainability goal to responsibly source all… Continue reading Ford joins Copper Mark, assures environmental commitment in supply chain
Tesla cancels its ballsy ‘no questions asked’ 7-day return policy
Tesla has removed its ballsy ‘no questions asked’ 7-day return policy that Elon Musk has been pushing as a show of confidence for the automaker. Over the last few years, Tesla has updated its return policy to enable buyers to return their vehicles within 7 days of taking delivery virtually “with no questions asked”. This… Continue reading Tesla cancels its ballsy ‘no questions asked’ 7-day return policy
Nikola shares plunge after CEO says startup can go it alone
Nikola Corp. shares fell as much as 10% in early trading Friday after the electric-truck startup’s chief executive officer said he sees a path for his company even if it can’t come to terms with General Motors Co. on a proposed strategic partnership. Talks between the two companies are ongoing, but if a tentative technology-sharing… Continue reading Nikola shares plunge after CEO says startup can go it alone
Ford, BMW plug-in hybrid fires are a ‘black eye’ for electrified vehicles
Recalls over plug-in hybrid vehicles mostly in Europe from Ford Motor Co. and BMW are a bad look for the new technology, but are unlikely to affect the auto industry’s moves to sell more electrified models, experts said. Ford this week said it is delaying the launch of its plug-in hybrid Escape crossover to 2021 after 20,500… Continue reading Ford, BMW plug-in hybrid fires are a ‘black eye’ for electrified vehicles
Audi India launches Q2 at Rs 35 lakh
German luxury carmaker Audi today introduced its brand-new entry-level SUV – the Audi Q2 – in India priced at Rs 35 lakh, ex-showroom. The range-topping Technology variant, however, gets a sticker price as high as Rs 48.90 lakh, ex-showroom, as it is a CBU import and makes it all the more expensive for the equipment… Continue reading Audi India launches Q2 at Rs 35 lakh
Hertz Obtains $1.65B in Debtor-In-Possession Financing
The financing will be provided by some of Hertz’s pre-petition first-lien lenders. Photo via Enjosmith/Flickr. Hertz Global Holdings Inc. today announced that it has secured commitments for debtor-in-possession (DIP) financing totaling $1.65 billion and has filed a motion for approval of the financing by the U.S. Bankruptcy Court for the District of Delaware. According to an 8-K SEC filing, Hertz… Continue reading Hertz Obtains $1.65B in Debtor-In-Possession Financing
SM Auto partners Gotech Energy to make battery packs, BMS for India’s EV market
Pune-based SM Auto Engineering Pvt Ltd (SMA), a leading automotive component system manufacturer, has announced a technical collaboration with Taiwan-based Gotech Energy Co Ltd (GTE). The two companies will design, develop and manufacture advanced battery packs and battery management systems for the Indian two-, three- and four- wheeler electric vehicle (EV) market along with use for… Continue reading SM Auto partners Gotech Energy to make battery packs, BMS for India’s EV market
Ford and Verisk collaborate to offer telematics data to insurers
Verisk, a data analytics provider, announced that Ford Motor Company has joined the Verisk Data Exchange™. Owners of eligible Ford and Lincoln vehicles will soon have easy access to usage-based insurance programs from the many U.S. auto insurers that connect to the Exchange—including three of the ten largest U.S. carriers. Usage-based insurance (UBI) can give… Continue reading Ford and Verisk collaborate to offer telematics data to insurers
German Handelsblatt: Mercedes manufacturer: Stack low, surprise positively: How Daimler suddenly scores with investors000558
Munich Daimler has always had a dubious reputation among investors. Some major shareholders even recommended that the carmaker simply no longer provide any forecast on business development in the future. Too often, the Dax group has given its investors hope in recent years with grandiose promises of returns and shocked them a little later with… Continue reading German Handelsblatt: Mercedes manufacturer: Stack low, surprise positively: How Daimler suddenly scores with investors000558