Category: News Site

Lotus Evija: 1000bhp electric hypercar named ahead of 16 July debut

As the official picture suggests, the Evija is low and wide. Lotus design director Russell Carr, who showed the model to Autocar, says it is a similar length to the existing Evora – which is 4.4 metres long – but will sit closer to the ground and be nearly two metres wide. It uses a carbonfibre… Continue reading Lotus Evija: 1000bhp electric hypercar named ahead of 16 July debut

Indonesian trucking startup Ritase raises $8.5m Series A led by Golden Gate

Indonesian trucking services platform Ritase has closed a Series A funding round of $8.5 million led by Golden Gate Ventures to propel its growth and expand into new markets. Other investors that participated in the round are Jafco Asia and ZWC Ventures, as well as existing backers including Insignia Ventures, Beenext and Skystar Capital, Ritase… Continue reading Indonesian trucking startup Ritase raises $8.5m Series A led by Golden Gate

Lister lifts the lid on new LFT-C supercar – Daily Record

RENOWNED sports car maker Lister has unveiled the fastest and most powerful open-top supercar in its 66-year history – the exclusive LFT-C. Based on the Jaguar F-Type R, just 10 LFT-C models will be built by the British firm for the worldwide market, with each car receiving a solid silver plaque on the engine cover… Continue reading Lister lifts the lid on new LFT-C supercar – Daily Record

Lotus’ first electric hypercar finally has a name

The Goodwood Festival of Speed is shaping up to be a big moment for Lotus. The company is finally taking “some” of the wraps off of its first major model launch — and its first electric hypercar — under the new ownership of Geely. And now, one day before attendees will get a glimpse, Lotus… Continue reading Lotus’ first electric hypercar finally has a name

Recent Rivian hires come from Tesla, McLaren, Ford — but especially Faraday Future

Rivian has grown to employ 750 people, with a new report detailing the startup’s recent hires from Tesla, Ford, and McLaren — but most notably, an influx of new employees from fading EV startup Faraday Future. “Hundreds” of LinkedIn profiles seen by The Verge show Rivian has gained at least a dozen employees from all… Continue reading Recent Rivian hires come from Tesla, McLaren, Ford — but especially Faraday Future

Franchised dealers play ‘key role’ in development of EVs

Franchised dealers have a pivotal role to play to boost sales of electric vehicles. That was the main theme discussed by Stephen Latham, head of operations at the National Franchised Dealers Association (NFDA), at the Renewable Energy Association’s EV Experience conference. Latham analysed current consumer attitudes towards electric cars and the challenges they face. He… Continue reading Franchised dealers play ‘key role’ in development of EVs

Pendragon sells California JLR dealership for £28.2m

Pendragon has sold its Jaguar Land Rover dealership in Mission Viejo, California for £28.2m. The deal, which was flagged up in May, is in line with the group’s strategy of selling off its dealerships in the US. Pendragon said work is ongoing on the sale of other dealerships in the US as part of the… Continue reading Pendragon sells California JLR dealership for £28.2m

A Physicist and His Son Are 3D-Printing a Full-Scale Lamborghini

Lambo 3D Fifteen years ago, the Motion Picture Association of America released an anti-piracy public service announcement — that has since turned into a meme — aimed at those who illegally downloaded media online. “You wouldn’t steal a car,” a message read during the opening credits of most commercial DVDs at the time. Now, 3D… Continue reading A Physicist and His Son Are 3D-Printing a Full-Scale Lamborghini