Kandi America, the U.S. subsidiary of Chinese electric vehicle manufacturer Kandi Technologies Group, Inc., announced that it’s entering the U.S. market with the most affordable EVs. The live virtual launch event at drivekandi.com is scheduled for August 18 to kick-off pre-sales. The two first models – K27 and K23 will be available for pre-order with a… Continue reading Kandi Reveals America’s Most Affordable Electric Cars: Pre-Sales Start in August
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In India, a diminished Nissan bets big on a small SUV
NEW DELHI (Reuters) – By any measure, Nissan Motor Co Ltd (7201.T) has had a dreadful run in India. A push to revive its lower-end Datsun brand flopped, sales have slumped 60% over the past five years and its sole plant in the country is operating way below capacity. The Nissan Magnite Concept SUV is… Continue reading In India, a diminished Nissan bets big on a small SUV
Ford’s surprise: $1.9 billion earnings loss is good news
CLOSE A look at the very first year of the Ford Bronco in this 1966 commercial ‘A Breed Apart.’ Detroit Free Press Ford Motor Co. executives have warned for weeks that their second-quarter earnings report would be an epic disappointment for a company that emerged from 2019 weaker than expected financially, despite a healthy year for the industry. Then the… Continue reading Ford’s surprise: $1.9 billion earnings loss is good news
Let’s not get righteous over preventing child deaths in hot cars
CLOSE When I began writing about the disturbing rise in pedestrian fatalities a couple of years ago, I was struck by the reaction the stories generated. Many readers, seeing a worsening crisis of loss and despair in fatality numbers that are hard to comprehend, were pleased that the issue was getting attention. Others? Not so… Continue reading Let’s not get righteous over preventing child deaths in hot cars
Experts: These are the safest, most reliable used cars for under $20K
CLOSE Popular sedan’s looks, materials improve; voice recognition, controls don’t. Jennifer Stockburger, a mother of two children, worries about the safety of her 16-year-old son who just started driving with a learner’s permit. “Yikes,” she said. “When you’ve got a young driver, it’s worrisome enough because you’ve got this struggle. They have a higher propensity… Continue reading Experts: These are the safest, most reliable used cars for under $20K
Porsche partners with MAHLE and TRUMPF to 3D print pistons for its 911 supercar
Performance sports car manufacturer Porsche has worked with machine tool producer TRUMPF and automotive parts company MAHLE to 3D print pistons for the engine of its flagship 911 supercar. Utilizing Laser Metal Fusion (LMF) 3D printing, the carmaker’s engineers have been able to optimize the structure of the automotive part for when it’s under load.… Continue reading Porsche partners with MAHLE and TRUMPF to 3D print pistons for its 911 supercar
Lyft is expanding car rentals across the US as the coronavirus hobbles its core rides business (LYFT)
Lyft is expanding its car-rental option to the entire US, the company said Thursday. The coronavirus pandemic hobbled Lyft’s core taxi business, and its losses are expected to triple in the second quarter. The expansion is possible via a partnership with Sixt, a German rental company that’s aggressively expanding in the US despite a recession. … Continue reading Lyft is expanding car rentals across the US as the coronavirus hobbles its core rides business (LYFT)
Lyft expands its rental business with Sixt partnership
Lyft continues to expand beyond its core ride-hailing business into bikes, scooters, transit and now rental cars. The company said Thursday that it’s taking Lyft Rentals, a pilot program that launched in December, and expanding it through a partnership with Sixt. Lyft Rentals initially gave folks in Los Angeles and San Francisco the ability to… Continue reading Lyft expands its rental business with Sixt partnership
AlloVir’s IPO Raises $276M to Test Cell Therapies in Transplant Patients
July 30th, 2020 Xconomy Boston — AlloVir is the latest biotech company to go public, raising about $276.3 million to pull its cell therapies off the shelf and run multiple clinical trials testing them in stem cell and organ transplant patients. On Thursday, Cambridge, MA-based AlloVir (NASDAQ: ALVR) priced its offering of 16.25 million shares at… Continue reading AlloVir’s IPO Raises $276M to Test Cell Therapies in Transplant Patients
VW asks U.S. appeals court to reconsider ruling on diesel emissions updates
(Reuters) – Volkswagen AG (VOWG_p.DE) on Thursday asked the Ninth Circuit U.S. Court of Appeals to reconsider a ruling that said two counties could seek financial penalties over excess diesel emissions that might cost the German automaker billions of dollars. FILE PHOTO: A logo of German carmaker Volkswagen is seen on a car parked on… Continue reading VW asks U.S. appeals court to reconsider ruling on diesel emissions updates