LONDON (Financial Times) — China’s Geely has held talks with Aston Martin investors and management as it considers pumping much-needed cash into the luxury carmaker. The Chinese company is conducting due diligence as it looks at taking a stake in the UK group, which is in need of fresh finances, said four people familiar with… Continue reading Geely in talks to pump cash into Aston Martin: FT
Tag: Lotus
New Lotus Evija: full details, pricing and specs
The Lotus Evija has entered the next stage of its development programme, with these latest images showing a prototype undergoing chassis development at Hethel Test Track in Norfolk. It’s the British brand’s first new car in a decade and, when it enters series production next year, Lotus says it’ll be the world’s most powerful road… Continue reading New Lotus Evija: full details, pricing and specs
@Geely: Mon 16 Dec 2019Lotus Evija: dynamic test notes (G. Kershaw)Latest shakedown follows extensive computer simulations, plus multiple sessions in UK and I…
Latest shakedown follows extensive computer simulations, plus multiple sessions in UK and Italy Date: 6 December 2019Driver: Gavan Kershaw, Director, Attributes and Product Integrity, Lotus CarsLocation: Hethel, Norfolk, UKCar: Lotus Evija engineering prototype #2 Pre-test notes: Latest shakedown follows extensive computer simulations, plus multiple sessions in UK and Italy. Engineering prototype #2 is the… Continue reading @Geely: Mon 16 Dec 2019Lotus Evija: dynamic test notes (G. Kershaw)Latest shakedown follows extensive computer simulations, plus multiple sessions in UK and I…
BMW and Hyundai hacked by Vietnamese hackers, report claims
Image: Pablo Martinez German media is reporting that hackers suspected to have ties to the Vietnamese government have breached the networks of two car manufacturers, namely BMW and Hyundai. The report, coming from Bayerischer Rundfunk (BR) and Taggesschau (TS), claims that hackers breached the network of a BMW branch sometime this spring. The attackers allegedly… Continue reading BMW and Hyundai hacked by Vietnamese hackers, report claims
Lotus Evija: The £2.2m electric hypercar
The Lotus Evija will be the first all-British electric hypercar. The company says it will be the most powerful production car in existence with the capability of accelerating from 0-186mph (0-300km/h) in “significantly” less than nine seconds, and with a maximum speed of more than 200mph. BBC Click finds out more. See more at Click’s… Continue reading Lotus Evija: The £2.2m electric hypercar
‘The car industry is more mad and unpredictable than ever before’
Do you ever get the feeling that the car industry might be, well, having a bit of a laugh? A week ago, these pages featured a new Ford Mustang that is an electric SUV, plus the latest Aston Martin – a crossover capable of wading through half a metre of water. And now, in this… Continue reading ‘The car industry is more mad and unpredictable than ever before’
Creator of €500,000 Luxury Car Keys Teams up With Formula One legend, Mika Salo
Awain, the manufacturer of the world’s finest car keys, announces an exciting and exclusive collaboration with former Formula One and Le Mans legend Mika Salo. The new Formula One inspired Grand Prix Collection is hand-crafted from titanium and incorporates the finest racing leathers in its exclusive silhouette. The collaborative design makes for a thrilling addition… Continue reading Creator of €500,000 Luxury Car Keys Teams up With Formula One legend, Mika Salo
Geely Sets Up JV With German Air Taxis Start-Up After Leading Its $55M Series C1 Round
Chinese automotive company Zhejiang Geely Holding Group has led the first closing of a series C round of financing worth €50 million (US$55.16 million) in German aircraft manufacturer Volocopter, which will help the start-up realize commercial launch within the next three years. The investment took the total capital raised by Volocopter to €85 million (US$93.77… Continue reading Geely Sets Up JV With German Air Taxis Start-Up After Leading Its $55M Series C1 Round
Tesla unveils electric pickup truck, futuristic design ignites controversy
(Reuters) – Tesla Inc (TSLA.O) on Thursday unveiled its first electric pickup truck that looked like a futuristic angular armored vehicle in gunmetal gray, as the California company took aim at the heart of Detroit automakers’ profits. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the automobile awards… Continue reading Tesla unveils electric pickup truck, futuristic design ignites controversy
Lotus Engineering set to expand with new leadership
Lotus Engineering, the division that acts as an engineering consultant for third-party clients, is set to be expanded under new leadership. Boss Miguel Fragoso has begun reinvigorating the division, with a new commercial director appointed. Fragoso has kept a team “working on the areas instrumental in maintaining our capability”, such as advanced structures, dynamics, propulsion… Continue reading Lotus Engineering set to expand with new leadership