Rivian, a maker of electric trucks, said on Tuesday that it lost $1.7 billion in the final three months of last year as it struggled with production difficulties. The loss brings the company’s total losses for 2022 to $6.8 billion and highlights the troubles that once-promising start-ups are having gaining ground on Tesla, which dominates… Continue reading Rivian Lost $6.8 Billion Last Year as Production Fell Short
Category: Automotive
U.S. Eyes Trade Deals With Allies to Ease Clash Over Electric Car Subsidies
BENGALURU, India — The Biden administration hopes to reach limited free trade agreements with countries in Europe and Asia that would not require congressional approval as it looks to ease allies’ concerns about legislation that President Biden signed into law last year, Treasury Secretary Janet L. Yellen said on Friday. The law, known as the… Continue reading U.S. Eyes Trade Deals With Allies to Ease Clash Over Electric Car Subsidies
Lucid Motors Steps Up Production as Supply Chain Problems Ease
Lucid Motors said on Wednesday that it increased production of its luxury electric sedans by more than 50 percent in the fourth quarter, as better supplies of parts and materials allowed the company to slightly exceed its manufacturing target for the full year. The carmaker said it produced 7,200 vehicles in 2022, its first year… Continue reading Lucid Motors Steps Up Production as Supply Chain Problems Ease
Tesla to Recall 362,000 Cars With Its ‘Full Self Driving’ System
Tesla is recalling more than 362,000 cars equipped with its Full Self Driving driver-assistance system after government regulators found it increased the risk of accidents. The company’s technology, which can steer, accelerate, brake and change lanes on its own, allows vehicles to travel above legal speed limits and through intersections in “an unlawful or unpredictable… Continue reading Tesla to Recall 362,000 Cars With Its ‘Full Self Driving’ System
Shoichiro Toyoda, Who Helped Make Toyota a Global Force, Dies at 97
TOKYO — Shoichiro Toyoda, the chief of the automotive giant Toyota, who led the company as it expanded production into North America in the 1980s and helped transform it into a global brand, died on Tuesday. The son of the company’s founder, he was 97. Toyota said in a statement that the cause was heart… Continue reading Shoichiro Toyoda, Who Helped Make Toyota a Global Force, Dies at 97
Lucid Air Touring review: Some reservations
The battle for market share in the luxury EV sector is heating up, leaving customers with more choice than ever before. That’s great news for consumers and a pressure cooker for EV makers hoping to carve out market share. The latest entry to this competitive luxury EV landscape is the Lucid Air Touring sedan, a… Continue reading Lucid Air Touring review: Some reservations
Internet abuzz over suspected redesigned Tesla Model 3
Did someone just leak the front half of Tesla’s long-awaited Model 3 refresh? Car internet is abuzz over a photo that — some Redditors suspect — could show an update to the automaker’s sedan, with a revised face that has inspired some comparisons to the Roadster. Here’s the photo that’s now making the rounds: Image… Continue reading Internet abuzz over suspected redesigned Tesla Model 3
STOREDOT’S SILICON BATTERIES WILL ENABLE SMALLER BATTERY PACKS CAPABLE OF EXTREME FAST CHARGING, LEADING TO MORE ACCESSIBLE ELECTRIC VEHICLES
StoreDot’s Extreme Fast Charging (XFC) technology will enable EV car manufacturers to design lighter EVs with smaller battery packs XFC also means drivers needn’t worry about distance between charges or charging times allowing OEMs to rethink EV range and corresponding specifications The result will be improved car efficiency, increased utilization of regenerative braking, reduced carbon… Continue reading STOREDOT’S SILICON BATTERIES WILL ENABLE SMALLER BATTERY PACKS CAPABLE OF EXTREME FAST CHARGING, LEADING TO MORE ACCESSIBLE ELECTRIC VEHICLES
A High-Flying Start to 2023 for GO7
First-quarter accomplishments include a new brand launch, partnering with several global airlines and solidifying the leadership team LONDON and MIAMI and TEL AVIV, Israel, April 13, 2023 /PRNewswire/ — GO7, a travel technology company committed to helping travel brands transform their… Go to Source
TUMI AND McLAREN COLLABORATE TO CELEBRATE SIX DECADES OF McLAREN WITH THE LAUNCH OF THE 60TH ANNIVERSARY COLLECTION ALONGSIDE LANDO NORRIS
“As two brands rooted in the creation of world-class, performance luxury products with a true understanding of how technology and functionality coincide, the synergies between TUMI and McLaren are undeniable,” said TUMI’s Creative Director, Victor Sanz. “We are thrilled to have collaborated on this collection with McLaren, utilizing their famous papaya color and combining modern,… Continue reading TUMI AND McLAREN COLLABORATE TO CELEBRATE SIX DECADES OF McLAREN WITH THE LAUNCH OF THE 60TH ANNIVERSARY COLLECTION ALONGSIDE LANDO NORRIS