Ineos Grenadier Might Make its Stateside Debut in 2023 – Off Road Xtreme

British automotive startup, Ineos is entering the automotive industry with its new offering- the Grenadier. The Land Rover Defender-inspired off-roader will be sold globally through agreements signed with various companies in the Asia Pacific, Europe, Africa, and the Middle East. In the British market, the deliveries of the new off-roader are expected to start in… Continue reading Ineos Grenadier Might Make its Stateside Debut in 2023 – Off Road Xtreme

Aston Martin will miss profit target by £15m after Valkyrie delivery failings

Aston Martin will miss profit target by £15m after Valkyrie delivery failings Only 10 of the £2.5m limited edition hypercars were delivered in the fourth quarter of 2021 Aston Martin says it ‘inherited a challenging project with Valkyrie but we are now producing these fabulous hypercars’. Photograph: Pierre Albouy/Reuters Aston Martin says it ‘inherited a… Continue reading Aston Martin will miss profit target by £15m after Valkyrie delivery failings

@Geely: Fri 07 Jan 2022Lotus global retail sales up 24% in best performance for a decadeLotus has revealed its best annual global retail sales performance sin…

Worldwide sales of 1,710 new cars in 2021, up from 1,378 in 2020 Increase of 24% as customers snap up final versions of Lotus Elise, Exige and Evora  (Hethel, UK – 7 January 2022) – Lotus has revealed its best annual global retail sales performance since 2011. The outstanding figures prove worldwide excitement about the… Continue reading @Geely: Fri 07 Jan 2022Lotus global retail sales up 24% in best performance for a decadeLotus has revealed its best annual global retail sales performance sin…

ENERTECH Enters the Russian Electric Vehicle Market

Continued orders from state-run automobile manufacturersSelected as battery supplier for AVTOTORLocal factory expansion for 100,000 units ENERTECH INTERNATIONAL supplies electric vehicle batteries to AVTOTOR, Russia’s largest automobile manufacturer. It is a battery volume of 100,000 electric vehicles. It will also push for the construction of additional factories in Russia due to increased orders for new… Continue reading ENERTECH Enters the Russian Electric Vehicle Market

@niche: REE Automotive introduces P7 fleet platform for mystery delivery company targeting 370-mile range001546

At CES 2022, REE Automotive announced the start of trials of its all-new EV platform specifically designed for commercial delivery vehicles and walk-in vans called the P7. According to REE, this new entirely flat platform was designed based on specifications from one of the world’s largest delivery companies. REE Automotive ($REE) is an e-mobility solutions company… Continue reading @niche: REE Automotive introduces P7 fleet platform for mystery delivery company targeting 370-mile range001546

ALD Plans to Acquire LeasePlan To Create New Global Mobility Company

The ALD-LeasePlan deal will put 3.6 million vehicles under the same management. File photo: ALD Automotive ALD Automotive and LeasePlan, two of the world’s largest fleet leasing companies, announced Jan. 6 they will combine forces to create a leading global mobility player that would further the digital transformation of the industry. ALD has signed a… Continue reading ALD Plans to Acquire LeasePlan To Create New Global Mobility Company