In this aerial view, cars line up to refuel before the price rises at a Shell gas station in Wuhan, the capital of the Hubei province in China, June 14, 2022. Getty Images | Getty Images News | Getty Images British energy giant Shell is boosting its oil and gas production to book profits in the near… Continue reading Shell CEO says EV charging stations in China are hot, predicts ‘robust’ oil and gas demand
Category: US Motoring Press
Toyota shares hit 16-month high as shareholders endorse board, new EV strategy
People arrive to attend an annual shareholders’ meeting for Toyota Motor in the city of Toyota, Aichi Prefecture on June 14, 2023. Toyota is under pressure from large institutional investors for chairman Akio Toyoda to step down over his lukewarm embrace of electric vehicles. Str | Afp | Getty Images Stock Chart Icon Stock chart… Continue reading Toyota shares hit 16-month high as shareholders endorse board, new EV strategy
Chinese EV giant BYD overtakes Tesla, but can it crack the American market?
This content is only available to subscribers. Get unlimited digital access. $1 a week for the first 52 weeks. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan… Continue reading Chinese EV giant BYD overtakes Tesla, but can it crack the American market?
FedEx Express Canada launches its first 50 all-electric vehicles with BrightDrop
BrightDrop, the General Motors Co. startup focused on offering electric delivery options, delivered 50 of its Zevo 600 electric delivery vans to FedEx Express Canada, the companies said Wednesday at an event in Toronto. FedEx, which has a goal to transition its entire fleet to all-electric, zero-tailpipe emissions vehicles by 2040, said the initial fleet of… Continue reading FedEx Express Canada launches its first 50 all-electric vehicles
with BrightDrop
Used-car prices may cool off in months ahead, according to industry indicators
The jump in used-car costs that propped up U.S. inflation last month is widely expected to swing into reverse in June, finally delivering a slowdown in one of the most-watched price gauges. Core inflation, which typically strips out food and energy prices, has proved sticky this year even as the headline rate has plunged. In… Continue reading Used-car prices may cool off in months ahead, according to industry indicators
Hero MotoCorp launches 2023 Xtreme 160R 4V at a price range of 1.27 lakh to 1.36 lakh
Hero has launched the Xtreme 160R 4V in India, with prices beginning at Rs 1.27 lakh and going up to Rs 1.36 lakh (ex-showroom, Delhi), depending on the variant. Most notably, this update brings a 37mm KYB USD fork and Showa monoshock, a more powerful 4-valve engine and a couple other cosmetic changes. 2023 Hero… Continue reading Hero MotoCorp launches 2023 Xtreme 160R 4V at a price range of 1.27 lakh to 1.36 lakh
New Lotus Evija X spotted on the Nurburgring
The Lotus Evija is already one of the most extreme all-electric hypercars we’ve seen, but a new track-focused variant called the Evija X has just been spotted taking on the famous Nurburgring. Auto Express understands that the Evija X wasn’t at the ‘Green Hell’ for purely development purposes but to set a new record around… Continue reading New Lotus Evija X spotted on the Nurburgring
Radical Lotus Evija X goes after Nurburgring EV record
Lotus looks to be going after the electric-car lap record at the Nürburgring with an outlandish, track-ready version of its 1972bhp Evija hypercar. Understood to have been developed in partnership with race engineering firm Multimatic (known for its work on the Ford GT and Mercedes-AMG One), the heavily reworked prototype looks to be an almost… Continue reading Radical Lotus Evija X goes after Nurburgring EV record
2023 Goodwood Festival of Speed preview
The Goodwood Festival of Speed will return in 2023 from Thursday 13 July to Sunday 16 July – and it’s to be a big year for car unveilings and international public debuts. This year’s theme, Goodwood 75, celebrates 75 years of the Goodwood estate and 30 years of the Festival of Speed. Tribute will be paid to the estate… Continue reading 2023 Goodwood Festival of Speed preview
Software Republique H1st Vision promises technology revolution
A consortium comprising some of France’s most recognisable industrial giants has revealed a concept car promising to launch a “revolution in mobility” with 20 “concrete, operational” new technologies. Established in 2021, Software République was founded by computing firms Atos and Dassault Systèmes, equipment supplier Thales, semiconductor maker ST Microelectronics, telecommunications giant Orange and the Renault Group. Its… Continue reading Software Republique H1st Vision promises technology revolution