Jaguar Land Rover has revealed that it will further accelerate its push into zero-emissions motoring by abandoning plans to make combustion-engined versions of its next-gen Evoque, Velar and Discovery Sport. As part of a £15billion investment over the next five years, JLR (as Jaguar Land Rover is rebranding itself) has announced that it is reconfiguring… Continue reading Jaguar Land Rover to go pure-electric with next Velar, Evoque, and Discovery Sport
Category: US Motoring Press
Automaker Stellantis hires ex-Adidas, grocery executive as CFO
The logo of Stellantis, the world’s fourth-largest automaker which starts trading in Milan and Paris after Fiat Chrysler and Peugeot maker PSA finalised their merger, is seen at the main entrance of FCA Mirafiori plant in Turin, Italy, January 18, 2021. Massimo Pinca | Reuters Stellantis on Wednesday said it has hired the chief financial… Continue reading Automaker Stellantis hires ex-Adidas, grocery executive as CFO
Tesla net income and earnings drop more than 20% from last year
Employees of the Tesla Gigafactory Berlin Brandenburg work on the final inspection of the finished Model Y electric vehicles. The Tesla plant was opened and put into operation on March 22, 2022. Patrick Pleuil | Picture Alliance | Getty Images Shares in electric vehicle makers Tesla dropped 4% after the company reported first-quarter earnings after… Continue reading Tesla net income and earnings drop more than 20% from last year
Chinese EV giant BYD says self-driving tech is more valuable for factories than cars
BYD’s new luxury brand Yangwang is selling its first model, the U8, for more than 1 million yuan ($160,000). CNBC | Evelyn Cheng SHANGHAI — Fully autonomous driving is “basically impossible” and the technology would be better applied to manufacturing, according to Chinese battery and electric car company BYD. Many electric car and tech companies… Continue reading Chinese EV giant BYD says self-driving tech is more valuable for factories than cars
The Swedish rival to Tesla’s Semi scores a deal with PepsiCo to deliver snacks in the UK
Swedish electric vehicle maker Einride will supply two of its heavy-duty trucks to PepsiCo as part of an expansion into the U.K. Einride Swedish electric vehicle manufacturer Einride has signed a deal with PepsiCo to supply electric trucks that would transport Walkers chips in the U.K. It marks Einride’s first move into the U.K. market,… Continue reading The Swedish rival to Tesla’s Semi scores a deal with PepsiCo to deliver snacks in the UK
Ford Mustang celebrates its 59th birthday with new toys
This content is only available to subscribers. Get unlimited digital access. $1 for the first 6 months. 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 politics from… Continue reading Ford Mustang celebrates its 59th birthday with new toys
Stellantis names new chief financial officer: Natalie Knight to replace Richard Palmer
The chief financial officer of a global food retailer will replace Richard Palmer for the same role at the maker of Jeep SUVs, Ram pickup trucks and other vehicles, Stellantis NV said Wednesday. Natalie Knight is the top financial controller at Koninklijke Ahold Delhaize NV, the Dutch parent of supermarket chains Food Lion, Giant and… Continue reading Stellantis names new chief financial officer: Natalie Knight to replace Richard Palmer
Biden’s IRA costs these EV makers some customers — at least for now
This content is only available to subscribers. Get unlimited digital access. $1 for the first 6 months. 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 politics from… Continue reading Biden’s IRA costs these EV makers some customers — at least for now
Tesla cuts U.S. prices again ahead of 1Q earnings release
Detroit – Tesla dropped the starting prices for its two top-selling models overnight, the company’s fourth price cut in the U.S. this year. The company lopped $3,000, or about 6%, off the starting prices for all three versions of the Model Y small SUV, Tesla’s top-seller. It also cut $2,000, or about 5%, from the… Continue reading Tesla cuts U.S. prices again ahead of 1Q earnings release
Jaguar to relaunch with new electric four-door GT
Jaguar will be led into its all-electric future by a £100,000 four-door GT – and prototypes of the new model will be testing on the road by the end of the year, the company has confirmed. The British brand is being fully rebooted as part of JLR’s Reimagine strategy, with no replacements planned for any… Continue reading Jaguar to relaunch with new electric four-door GT