At Palazzo Barberini in the heart of Rome earlier this month, a handful of billionaires, multimillionaires and, tagging along some distance behind, representatives of the world’s automotive press had their first look at a new £1.7 million hypercar. In the imposingly grand surroundings of the 17th-century palace, now repurposed as a fine art gallery, those… Continue reading Pininfarina: why the design house is making an electric supercar
Tag: Manufacturing
Ferrari has already sold all its 2018 models and even a part of 2019
On the road as in sales, Ferrari goes fast, very fast. The year is barely begun the brand with the prancing horse has already sold almost all of its production in 2018 and even a portion of that of 2019. He only has a few copies of the GTC4 Lusso, his family car, explained the… Continue reading Ferrari has already sold all its 2018 models and even a part of 2019
Tesla teases a potential giant new record-breaking 1 GWh energy storage project to be announced soon
Tesla has recently deployed several very large energy storage projects, but a new one could apparently dwarf them all. There was an important detail that came out of Tesla’s Q1 conference call but was mostly overlooked: Elon Musk teased a potential giant 1 GWh energy storage project, which would make it the biggest in the world by… Continue reading Tesla teases a potential giant new record-breaking 1 GWh energy storage project to be announced soon
McLaren Automotive confirms Leeds as new UK retail location
McLaren Leeds appointed as eighth retailer in the brand’s home market Phase I of the development to open this month Phase II and the new purpose-built facility expected to complete by year end McLaren Automotive, the British creator of luxury sportscars and supercars, continues to expand its UK network of retailers with the appointment of… Continue reading McLaren Automotive confirms Leeds as new UK retail location
Michael Gove leading plan to ban sale of new hybrid cars by 2040
Electric, hybrid and low-emission cars Environment secretary favours the move but it is hotly contested within government Toyota’s Prius production line in Aichi, Japan. Photograph: Bloomberg/Getty Images Michael Gove is spearheading plans to halt the sale of new hybrid cars by 2040 to help tackle UK air pollution, Whitehall sources have said. Ministers have been… Continue reading Michael Gove leading plan to ban sale of new hybrid cars by 2040
Didi Chuxing, Auto Partners Form Global Carsharing Alliance
Photo: Didi Chuxing Didi Chuxing has joined 31 of its auto industry partners to launch the Didi Auto Alliance (D-Alliance or the Alliance). For the first time, the Alliance will bring together resources and the strengths of the new mobility sector with those of key links in the automotive industry chain, with the aim to develop… Continue reading Didi Chuxing, Auto Partners Form Global Carsharing Alliance
Tesla’s Musk defends comments made in conference call
Associated Press Published 11:28 a.m. ET May 4, 2018 Tesla CEO Elon Musk (Photo: Evan Vucci / AP) Tesla CEO Elon Musk is going on the defensive in a series of tweets, saying the people he shut down during a contentious conference call were “sell-side analysts who represent a short seller thesis, not investors.” Musk,… Continue reading Tesla’s Musk defends comments made in conference call
Toyota Plans $1.1 Billion Expansion at Canadian Plant
Toyota Motor Corp. is set to announce a C$1.4 billion ($1.1 billion) expansion of its Canadian operations to build the RAV4 sport utility vehicle, a bet on the nation’s manufacturing amid a cloud of uncertainty from ongoing Nafta talks. The Japanese automaker is slated to make an announcement Friday afternoon at its facility in Cambridge,… Continue reading Toyota Plans $1.1 Billion Expansion at Canadian Plant
UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets. In a post-earnings call on Wednesday, Musk refused to answer questions from analysts on… Continue reading UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior
UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets. In a post-earnings call on Wednesday, Musk refused to answer questions from analysts on… Continue reading UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior