BMW just took the wraps off its first purely electric premium mid-size sedan. Appropriately called the i4, the vehicle is powered by the company’s fifth-generation eDrive platform and is just part of the company’s upcoming onslaught of EVs. But put down the credit card. This car isn’t coming until late 2021, at the earliest. Right… Continue reading BMW unveils the powerful i4 electric sedan with 530 hp, 373 miles of range
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Juno shuts down its operations in NYC as owner Gett signs strategic partnership with Lyft
Gett, the ridesharing company backed by Volkswagen and valued at around $1.5 billion, is putting the brakes on a major part of its growth strategy. Today, the company announced that it is closing its operations in New York, which run under the Juno brand, effective today. The company has a substantial business serving enterprise customers… Continue reading Juno shuts down its operations in NYC as owner Gett signs strategic partnership with Lyft
China EV startup Byton receives California distributor license
(Reuters) – Chinese electric vehicle startup Byton said on Monday it has received a distributor license from California, paving the way for the company to launch its first electric SUV vehicle, Byton M-Byte, in the United States. The license will facilitate Byton to sell and service vehicles through its own infrastructure as well as via… Continue reading China EV startup Byton receives California distributor license
Underdog Launches With $4M to Target “Toxic” Form of Cholesterol
November 18th, 2019 Xconomy San Francisco — Underdog Pharmaceuticals has launched with nearly $4 million in seed funding to develop treatments for atherosclerosis, a progressive condition in which arteries become clogged with substances such as fats and cholesterol, which restricts blood flow. Based in Mountain View, CA, Underdog is a spinout of the nonprofit SENS… Continue reading Underdog Launches With $4M to Target “Toxic” Form of Cholesterol
Tesla Supercharger station caught on fire while ~13 gas stations had fires
A Tesla Supercharger station located at a Wawa convenience store in New Jersey caught on fire yesterday. The cause of the fire is currently unknown and Tesla is reportedly investigating the situation. Wawa is a chain of convenience stores and fuel stations that has partnered with Tesla to provide Supercharger locations. Earlier this year, we… Continue reading Tesla Supercharger station caught on fire while ~13 gas stations had fires
Tesla’s efficiency is improving 3% a year – increasing already impressive lead
Tesla’s latest updates show that it is improving its efficiency by 3% a year, which is increasing its already impressive lead over the rest of the automotive industry. Electric vehicles are always significantly more efficient than gasoline and diesel-powered cars, but the efficiency between electric cars remains important because it determines how much range you… Continue reading Tesla’s efficiency is improving 3% a year – increasing already impressive lead
Auto parts supplier Prevent Group sues Volkswagen for suppressing competition
FILE PHOTO: The revised logo of German carmaker Volkswagen AG is pictured during a preview of the world’s biggest automaker at the international Frankfurt Motor Show IAA in Frankfurt, Germany September 9, 2019. REUTERS/Wolfgang Rattay (Reuters) – Volkswagen parts supplier Prevent Group on Monday filed a lawsuit alleging the German automaker (VOWG_p.DE) used anticompetitive tactics… Continue reading Auto parts supplier Prevent Group sues Volkswagen for suppressing competition
World premiere of the production version of Owl
The fastest accelerating car makes its debut Summary The Owl is the fastest accelerating car in the world: 0-60 mph in 1.69 seconds The Owl is the first Japanese full-electric hypercar The Owl is the world most powerful electric hypercar: 4 PMSM produce 2012 horsepower (1480 kW) Great performaces but never shouty: design based on… Continue reading World premiere of the production version of Owl
California to stop buying GM, Toyota and Fiat Chrysler vehicles over emissions fight
WASHINGTON (Reuters) – California said on Monday it will halt all purchases of new vehicles for state government fleets from GM, Toyota and Fiat Chrysler and other automakers backing President Donald Trump in a battle to strip the state of authority to regulate tailpipe emissions. FILE PHOTO: Engines assembled as they make their way through… Continue reading California to stop buying GM, Toyota and Fiat Chrysler vehicles over emissions fight
Renault needs to break pay taboo to get right boss
Chairman Jean-Dominique Senard is compiling a shortlist following the ouster of Thierry Bollore, an acolyte of ex-boss Carlos Ghosn. It will be a difficult job. London: French carmaker Renault is challenged on numerous fronts and still smarting from a nasty spat with its largest owner, the French government. Even in good times, remuneration restraint at… Continue reading Renault needs to break pay taboo to get right boss