Lucid Motors taps Waymo, Intel veterans ahead of public listing

Lucid Motors is beefing up its executive and technical leadership team, hiring people from Waymo, Intel and Xperi as it prepares to become a publicly listed company. The automaker said Wednesday that Sherry House, who formerly worked at Waymo, will be its new chief financial officer. House was at Waymo for four years, most recently… Continue reading Lucid Motors taps Waymo, Intel veterans ahead of public listing

@VW Group: Bugatti International with an ambitious vision for the future002963

To establish the Bugatti brand and products in the 21st century where both are today was not an easy task. When the Bugatti Veyron 16.4. hit the market in 2005, there had been reluctance about the product as well as the revival of the French luxury brand. While the Veyron established itself quickly at the… Continue reading @VW Group: Bugatti International with an ambitious vision for the future002963

Italy’s Newest Supercar Looks Like A Dog’s Breakfast – CarBuzz

Yikes. When it comes to supercars, different metrics are important for different buyers. Some buy purely for performance. Others want to stand out in a crowd. Now, whether that standing out is for a good reason or a bad reason, we suppose, depends on the beholder. While cars like the Lamborghini Huracan have smooth, flowing… Continue reading Italy’s Newest Supercar Looks Like A Dog’s Breakfast – CarBuzz

Sports carmaker Lotus to ramp up production more than tenfold

The sports carmaker Lotus has unveiled plans to increase its output more than tenfold, in a boost to the UK’s post-Brexit automotive sector that will lead to new electric models being built in Norfolk. Lotus, majority-owned by China’s Geely since 2017, said it would ramp up production at sites including its Hethel plant, near Norwich,… Continue reading Sports carmaker Lotus to ramp up production more than tenfold

@Ferrari: Ferrari N.V.: periodic report on the buyback program000098

Maranello (Italy), April 26, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange… Continue reading @Ferrari: Ferrari N.V.: periodic report on the buyback program000098

How the luxury automobile breaks its taboo of the 100% electric car

Posted Apr 26, 2021, 7:15 Updated Apr 26, 2021, 7:32 Ferrari gave in. Having long resisted the sirens of lithium-ion, the Maranello firm has ended up announcing that it would unveil a 100% electric racing car … in 2025. The president of the prancing horse, John Elkann, confirmed this at the company’s general meeting last… Continue reading How the luxury automobile breaks its taboo of the 100% electric car

@Toyota: Toyota Gazoo Racing Hyped for Hypercar Debut

Toyota Gazoo Racing will begin a new era with its GR010 Hybrid Hypercar at the 6 Hours of Spa-Francorchamps in Belgium, the opening round of the 2021 FIA World Endurance Championship (WEC) on 1 May. A direct successor to the legendary Group C period of the 1980s and 1990s, the spectacular LMP1 era has reached… Continue reading @Toyota: Toyota Gazoo Racing Hyped for Hypercar Debut

First Ferrari electric car to launch in 2025

Ferrari will launch its first all-electric car in 2025 following confirmation by the brand’s Chairman and Chief Executive Officer, John Elkann, in a call to shareholders earlier today.  Speaking at Ferrari’s Annual General Meeting, Elkann said: “We are continuing to execute our electrification strategy in a highly disciplined way. And our interpretation and application of… Continue reading First Ferrari electric car to launch in 2025