Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. Andrew Kelly | Reuters DETROIT — Investors misinterpreted a public offering on Wednesday by… Continue reading Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
Category: US Motoring Press
Vauxhall upgrades Mokka interior as part of light update
Vauxhall has upgraded the interior of its Mokka as part of a light update to keep it competitive against a host of new rivals in the segment. The crossover – sold in ICE and EV forms – is the British brand’s second-best-seller behind the stalwart Corsa, but sales have dropped by nearly a third over the… Continue reading Vauxhall upgrades Mokka interior as part of light update
Volkswagen Polo
The styling of the Polo’s cabin is sufficiently reserved to rob it of much in the way of wow factor, but it is unquestionably a very solidly built, well-equipped and pleasant small car in which to spend time. As you’d expect from a VW Group product, everything feels solidly integrated, assiduously finished and fitted, and thoroughly well… Continue reading Volkswagen Polo
Volkswagen Financial Services fined £5.4m over vulnerable customer treatment
Volkswagen Financial Services (VWFS) has been fined £5.4 million by the UK’s Financial Conduct Authority (FCA) for failures over its treatment of customers in financial difficulty. VWFS, which manages vehicle finance agreements (such as hire purchase and PCP deals) across the whole Volkswagen Group, has also agreed to pay more than £21.5m to some 110,000 customers… Continue reading Volkswagen Financial Services fined £5.4m over vulnerable customer treatment
Autocar Drivers of Change: More time to nominate your colleagues
Autocar has extended the nominations window for the 2025 Drivers of Change awards, a new initiative held in association with Ennis & Co and the Society of Motor Manufacturers and Traders (SMMT) to champion diverse talent in the automotive industry. A returning name with a completely new format and approach, Drivers of Change is a sibling event to… Continue reading Autocar Drivers of Change: More time to nominate your colleagues
Audi A2 E-tron revealed as EV reworking of hypermiling hatchback
Audi has reinvented the cult-classic A2 hatchback with electric power and a futuristic new look to celebrate its 25th anniversary. The one-off Audi A2 E-tron is the latest creation to emerge from Audi’s apprenticeship programme, which in recent years has given us the outlandish RS6 GTO concept and a 240bhp, race-inspired reworking of the NSU… Continue reading Audi A2 E-tron revealed as EV reworking of hypermiling hatchback
New Mercedes plant can recycle 96% of a battery’s raw materials
Mercedes-Benz has opened a new plant capable of reclaiming 96% of the raw materials used in its electric car batteries. The new facility in Küppenheim, southern Germany, will recover materials such as lithium, cobalt and nickel from existing electric car batteries so that they can be used in the production of brand-new cells. Mercedes’ process mechanically… Continue reading New Mercedes plant can recycle 96% of a battery’s raw materials
India showcases green hydrogen bus to Bhutan’s Prime Minister
Hardeep Singh Puri, Minister of Petroleum & Natural Gas showcased a hydrogen-fuelled bus to Bhutan’s Prime Minister, Tshering Tobgay, and his delegation today as part of a demonstration of India’s growing advancements in green hydrogen mobility. The bus, developed by IndianOil, highlights India’s efforts to promote sustainable transportation solutions, according to the Press Information Bureau.… Continue reading India showcases green hydrogen bus to Bhutan’s Prime Minister
Allcargo Gati to launch 1,700 rebranded vehicles with alternate fuel solutions
Logistics company Allcargo Gati Ltd. will introduce over 1,700 rebranded vehicles powered by alternate fuel solutions (AFVs) for first and last-mile deliveries. This rollout is part of the company’s broader sustainability initiative aimed at achieving carbon neutrality by 2040. The rebranded fleet, which includes vehicles designed for enhanced fuel efficiency, is a step towards reducing… Continue reading Allcargo Gati to launch 1,700 rebranded vehicles with alternate fuel solutions
TVS Motor company supports Indian Navy on 2,500 km North East expedition
The Indian Navy has partnered with TVS Motor Company for a 2,500 km expedition across North East India, aimed at inspiring youth to consider careers in the armed forces. Over the course of 15 days, 40 Navy personnel will ride TVS Apache motorcycles through Meghalaya, Arunachal Pradesh, and Assam. This initiative seeks to highlight career… Continue reading TVS Motor company supports Indian Navy on 2,500 km North East expedition