BMW Vets Raise A Stunning $1 Billion For Stealth EV Startup

EVelozcity EVelozcity founders are CEO Stefan Krause, left, design chief Richard Kim, center, and technology chief Ulrich Kranz. The BMW veterans plan to create a series of all-electric vehicles built off a common “skateboard” platform that are to hit the market by 2021. In the decade since Tesla survived the startup valley of death on its mission… Continue reading BMW Vets Raise A Stunning $1 Billion For Stealth EV Startup

Lyft is teaming up with automotive industry giant Magna to develop self-driving cars — and getting a $200 million investment (MGA, GM, GOOGL)

Lyft CEO Logan Green announced a deal Wednesday with Magna to develop self-driving car technology. Laura Buckman/Reuters Lyft on Wednesday announced a partnership with automotive components supplier Magna to develop self-driving car technology. As part of the deal, Magna is investing $200 million in Lyft. Magna is just one of several companies with which Lyft… Continue reading Lyft is teaming up with automotive industry giant Magna to develop self-driving cars — and getting a $200 million investment (MGA, GM, GOOGL)

Battery giant buys stake in lithium firm

A technician checks equipment on an assembly line of Contemporary Amperex Technology in Ningde, Fujian province.[Photo/Xinhua] Move to help secure supplies of key raw material, increase production capacity Contemporary Amperex Technology Co Ltd, China’s leading automotive battery maker, has purchased a more than 90 percent stake in a lithium company based in Canada, in a… Continue reading Battery giant buys stake in lithium firm

Chrysler Loses Bid to Dismiss Diesel Emission Cheating Claims

Fiat Chrysler Automobile NV’s U.S. unit was denied a quick escape from a lawsuit accusing the carmaker of rigging diesel engines with emissions control defeat devices similar to those installed in 11 million Volkswagens. A federal judge in San Francisco ruled Thursday that owners of 150,000 Dodge Ram and Jeep Grand Cherokee models across eight… Continue reading Chrysler Loses Bid to Dismiss Diesel Emission Cheating Claims

Lyft Will Test All-Access Monthly Subscriptions

The ride-hailing company is testing a subscription service that would remove the need to pay every time you travel. March 16, 2018 2 min read This story originally appeared on PCMag Regular users of on-demand ride hailing service Lyft will be happy to hear they may be able to save some money in the not-too-distant… Continue reading Lyft Will Test All-Access Monthly Subscriptions

Case alleging Fiat Chrysler cheated on emissions tests can proceed

Buy Photo A case alleging Fiat Chrysler cheated on emissions tests is allowed to proceed in California. (Photo: Eric Seals, Detroit Free Press)Buy Photo A federal judge in California will allow litigation to proceed against Fiat Chrysler Automobiles and auto supplier Bosch related to alleged diesel emissions cheating. Judge Edward Chen of the U.S. District… Continue reading Case alleging Fiat Chrysler cheated on emissions tests can proceed

Scuderia Cameron Glickenhaus SCG004S to use 690bhp Nissan V6

Scuderia Cameron Glickenhaus (SCG) boss Jim Glickenhaus has confirmed that the American company’s new SCG004S supercar will use a twin-turbocharged V6 from the Nissan GT-R. The 3.8-litre unit, which replaces the blown 5.0-litre V8 that the car was announced with, will produce 690bhp in the entry-level variant, with more power offered via a high-performance package. Power in the supercar is sent rearwards through… Continue reading Scuderia Cameron Glickenhaus SCG004S to use 690bhp Nissan V6

New Lagonda SUV to spearhead Aston Martin’s new EV brand

Aston Martin used te 2018 Geneva Motor Show to launch its new Lagonda  luxury brand, and Auto Express can reveal the first model will be an SUV, rather than the saloon car unveiled at the Swiss expo. Hidden away at the back of the Lagonda show stand were 40 per cent scale models of an… Continue reading New Lagonda SUV to spearhead Aston Martin’s new EV brand

The 100,000th ZOE produced at the Renault Flins factory

The only Renault industrial site in the world to manufacture Renault’s electric ZOE, the Renault Flins factory in Aubergenville (Yvelines) produced, on Thursday, March 15, the 100,000th copy of this leading model of the electric vehicle segment in Europe since 2015. It was 3:20 pm, when the ZOE numbered 100,000 came out of Renault Flins’… Continue reading The 100,000th ZOE produced at the Renault Flins factory

Aston Martin Varekai name likely for Aston’s new DBX SUV

The Aston Martin DBX looks set to be called Varekai when it reaches production in 2019, after the British brand applied to trademark the name. The DBX is gearing up for production, over two years after the concept made its debut at the Geneva Motor Show. But the final car is widely tipped to adopt a… Continue reading Aston Martin Varekai name likely for Aston’s new DBX SUV