Desktop Metal Closes $160M Series E Funding Round

Desktop Metal, a Burlington, MA-based metal 3D printing technology company, closed a $160m Series E funding round. The round was led by Koch Disruptive Technologies (KDT), with participation from GV (formerly Google Ventures), Panasonic, and Techtronic Industries, as well as previous venture capital investors Lux Capital, New Enterprise Associates (NEA) and Kleiner Perkins. The company,… Continue reading Desktop Metal Closes $160M Series E Funding Round

Dodge Challenger electric boost, Karma styling, limited autobahns: Today’s Car News

Uber-owned Jump electric bike-share
Plug-in luxury-car maker Karma brought in a new design house to carry it into the future. Germany revealed a plan to impose a national speed limit on its famously unlimited autobahns. And our latest Twitter poll asks readers how soon they expect Ford to come through with an electric F-Series pickup. All this and more on Green Car Reports.

The performance community looks to be getting the electrification message. Chrysler CEO Mike Manly announced that the next version of the Dodge Challenger muscle car will ditch is signature big V-8 for a smaller engine with boost from an electric motor.

After four years under Chinese ownership, Karma, which builds the car famously developed by ex-BMW and Tesla designer Henrik Fisker, plans to take styling in a new direction in a new partnership with Italian design house Pininfarina.

In an effort to combat climate change, a German government agency has proposed limiting speeds on the country's autobahns.

After a senior Ford executive announced last week that the company will build an all-electric version of the bestselling Ford F-Series—with no mention of when—we decided to ask our readers to fill in a date in our latest Twitter poll, in a gauge of how serious electric car fans think the company is.

BMW and its rival Daimler are reportedly in talks about joining forces to develop self-driving cars.

Finally, Uber plans to start a new division to develop self-riding shared bikes and scooters.

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Schwäbisch-Bavarian development aid

They are bitter rivals in the luxury segment – nevertheless, Daimler and BMW want to make robotic cars together according to a report. What is behind the planned cooperation? Electric cars from Mercedes and BMW Monday, 21.01.2019 17:27 clock Until recently, such partnerships were almost unimaginable: a BMW engineer needed no help, least of all… Continue reading Schwäbisch-Bavarian development aid

All the $100,000 Lincoln Continental sedans with ‘suicide doors’ sold out in two days

Source: Lincoln
The 80th Anniversary Lincoln Continental Limited Edition with coach doors

Every one of the 80 special edition Lincoln Continentals with “suicide doors” have already sold out, the company said Monday.

Ford's premium brand debuted the formally named 80th Anniversary Lincoln Continental Coach Door Edition in mid-December. Within 48 hours of the car's debut, they were all gone.

The car was sold on a first-come, first-serve basis, in contrast with the more involved buying process for the Ford GT supercar, which required prospective buyers to fill out an application. But the prices were still high — north of $110,000 for each.

Lincoln said it will do another limited run next year, but the vehicles will be slightly different.

The coach doors, also known as “suicide doors,” are a highlight of the car. The design, where the rear doors open toward the rear of the car, was once a common feature on Lincoln Continentals primarily in the 1960s.

The limited edition's wheelbase is longer than on the standard model by about 6 inches. Every car comes with Lincoln's Black Label trim, the highest trim level available across Lincoln's lineup.

Selling sedans is tough these days, to be sure. Customers tend to prefer SUVs, crossovers, and pickups. The Continental is one of only two sedans Lincoln still sells. The other is the mid-size MKZ, which comes in both standard internal combustion and hybrid versions. Lincoln sells four crossover and SUV models now, and will begin rolling out a fifth, the resurrected Aviator, later this year.

But you can sell a car to send a message. “Cars can still be effective to help represent where a brand is and where it is going. It be a kind of spiritual guide for the brand, even if it is not a sales leader,” said Karl Brauer, executive publisher for Cox Automotive.

The Continental has been a powerful symbol of Lincoln's resurgence since the latest generation of the long-running nameplate debuted for the 2017 model year. The vehicle garnered many popular reviews when it first debuted and was widely considered as a sign the brand was returning to its roots in large, plush, American luxury vehicles.

“The Continental signaled that Lincoln was going back to its roots, both in terms of naming and in terms of the expressive styling it had been known for, for so many decades,” Brauer said.

BMW & Mercedes-Benz go together?

The two luxury car manufacturers, BMW and Mercedes-Benz, want to merge for autonomous driving. The development of the Autonomous driving has already started several cooperations. So have yourself cooperation blocks formed across the industries. Not only suppliers and manufacturers, but also IT companies belong to the partners of these cooperations. Mercedes-Benz Vision URBANETIC people mover… Continue reading BMW & Mercedes-Benz go together?

European power firms aim to harness electric car batteries

FRANKFURT/LONDON/PARIS (Reuters) – Ever wanted to run your electric car for free? If you’re open to a bit of give and take, then stay plugged in and your wishes might come true. At least that’s what some European power companies and Japanese carmakers believe. FILE PHOTO: A charging port is shown on the front of… Continue reading European power firms aim to harness electric car batteries

Development Alliance: The BMW-Daimler-Plan for autonomous driving

iNext from BMW More than 1,000 engineers are developing the new vehicle on a campus north of Munich. (Photo: BMW Group / Enes Kucevic) MunichThe rivalry between Daimler and BMW is considered legendary. Decades of competition ultimately made both brands global global market leaders for luxury sedans. But soon competition could be slowed down, at… Continue reading Development Alliance: The BMW-Daimler-Plan for autonomous driving

Fight for standards: The BMW-Daimler-Plan: Car engines test close cooperation in autonomous driving

iNext from BMW More than 1,000 engineers are developing the new vehicle on a campus north of Munich. (Photo: BMW Group / Enes Kucevic) MunichThe rivalry between Daimler and BMW is considered legendary. Decades of competition ultimately made both brands global global market leaders for luxury sedans. But soon competition could be slowed down, at… Continue reading Fight for standards: The BMW-Daimler-Plan: Car engines test close cooperation in autonomous driving

Toyota, Panasonic setting up EV battery JV amid rising China competition: source

TOKYO (Reuters) – Toyota Motor Corp (7203.T) and Panasonic Corp (6752.T) are set to launch a joint venture next year to produce batteries for electric vehicles (EV) in an effort to compete with Chinese rivals, a source familiar with the matter said. Toyota Motor Corp President Akio Toyoda (L) and Panasonic Corp President Kazuhiro Tsuga… Continue reading Toyota, Panasonic setting up EV battery JV amid rising China competition: source