Chrysler, the 96-year-old brand owned by Stellantis that is best known today for its minivans, will become an all-electric brand by 2028. The company made the announcement as it introduced the Chrysler Airflow Concept, an all-wheel drive electric SUV concept equipped with two electric motors and a battery designed to travel 350 miles to 400… Continue reading Stellantis to transform Chrysler into an all-electric brand by 2028
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Chrysler’s first concept EV could offer up to 400 miles of range
Electrified pickups and SUVs may be all the rage but there’s apparently still plenty of room in the EV market for more battery-powered autos and crossovers. At CES 2022 on Wednesday, Chrysler revealed its first fully electric vehicle concept, the Airflow. “The Chrysler Airflow Concept represents the future direction of the Chrysler brand, providing a… Continue reading Chrysler’s first concept EV could offer up to 400 miles of range
China Evergrande to meet bondholders to delay redemption date
China Evergrande Group will seek a six-month delay in the redemption and coupon payments of a 4.5 billion yuan ($156.92 million) bond in a meeting with bond holders this weekend, underscoring the pressure on the debt-laden property developer. Evergrande is struggling to repay more than $300 billion in liabilities, including nearly $20 billion of offshore… Continue reading China Evergrande to meet bondholders to delay redemption date
Hyundai sends Boston Dynamics’ Spot robot into the metaverse
One thing’s for certain: Hyundai has some grand ambitions for its robotics development. And thus far, the automaker has been willing to put its money where its mouth is, most notably in the form of its acquisition of Boston Dynamics, which valued the robotics pioneer at north of $1 billion. Robotics are, predictably, taking center… Continue reading Hyundai sends Boston Dynamics’ Spot robot into the metaverse
Chip shortages cost GM the US vehicle sales crown it’s held since 1931
General Motors is no longer the top seller of vehicles in the US as reported Tuesday by CNBC. The Detroit powerhouse lost the crown to Toyota, which reportedly sold about 114,000 more vehicles than GM in 2021. GM reported Tuesday that total sales were down almost 13 percent last year due to semiconductor shortages. Vehicle… Continue reading Chip shortages cost GM the US vehicle sales crown it’s held since 1931
Mobileye and Geely team up to build a self-driving car you can buy
Mobileye, the autonomous vehicle company owned by Intel, and Geely, China’s largest automaker, are joining forces to develop a consumer-ready autonomous vehicle that they claim will be ready by 2024. The self-driving car, which will also be battery-electric, will be produced under Geely’s Zeekr brand, which was unveiled last year as the automaker’s “new electric… Continue reading Mobileye and Geely team up to build a self-driving car you can buy
Geely-owned Zeekr brand sets its sights on North America
You know Geely as the Chinese money behind Volvo, Polestar, and Lotus – but they’re a lot bigger than that. Geely has its own brand, is backing an electric Smart revival, and recently invested billions in Mercedes’ parent company, Daimler, to become a top shareholder. Geely means business, in other words, and the CEO of… Continue reading Geely-owned Zeekr brand sets its sights on North America
Tesla (TSLA) becomes best-selling brand in Norway as the country hits new electric vehicle records
Tesla has become the best-selling brand in Norway for the whole year of 2021 despite having only two models available on the market, which helped the country hit again new electric vehicle records. Norway has been the leading market for electric vehicles in terms of adoption per capita. As many markets are introducing plans to… Continue reading Tesla (TSLA) becomes best-selling brand in Norway as the country hits new electric vehicle records
Tesla (TSLA) announces record production and deliveries of over 305k Q4 vehicles, 936K for 2021
Tesla (TSLA) announced that it achieved both record production and deliveries during the last quarter of 2021. The automaker produced “more than 305,000 electric vehicles and delivered of over 308,000 electric vehicles during Q4 2021. Sunday morning, the automaker decided to release its production and delivery numbers for the fourth quarter of the year: “AUSTIN,… Continue reading Tesla (TSLA) announces record production and deliveries of over 305k Q4 vehicles, 936K for 2021
Tesla Forced to Recall Almost Half a Million Cars
That’s almost as many cars as it delivered in 2020! Production Reduction Electric automaker Tesla recalled almost as many cars on Thursday as it delivered in 2020, according to Bloomberg. The outlet reports that Tesla recalled as many as 475,000 cars in the US because of rear camera and trunk issues. Around 356,309 are Model… Continue reading Tesla Forced to Recall Almost Half a Million Cars