Tag: Aston Martin

F1 Teams Are Already Working on the Power Units Coming in 2026

Formula 1’s 2023 season isn’t even half over, but manufacturers are already working on 2026. That is when revised power-unit regulations, running through 2030, will take effect. It will be the biggest overhaul to the rules since the introduction of 1.6-liter V6 turbocharged engines in 2014. There will be more manufacturers and a step toward… Continue reading F1 Teams Are Already Working on the Power Units Coming in 2026

Bugatti Chiron successor will be revealed in 2024

Bugatti has confirmed the successor to the Chiron will be revealed next year ahead of a launch in 2026. It will use a hybrid-assisted petrol V8 powertrain after the firm retired the iconic W16 powertrain with the Bugatti Mistral. Speaking with Autocar, Achim Anscheidt, who oversaw the new hypercar’s design, said: “The car is finished. We delivered the prototype… Continue reading Bugatti Chiron successor will be revealed in 2024

India’s Tata chooses U.K. for $5bn Jaguar Land Rover gigafactory

LONDON (Reuters) — India’s Tata Group will build an electric vehicle battery plant in Britain to supply its Jaguar Land Rover factories, delivering a major boost for a U.K. car industry in need of domestic battery production to help secure its future. The announcement marks Britain’s biggest move in the car gigafactory space as it seeks to keep up… Continue reading India’s Tata chooses U.K. for $5bn Jaguar Land Rover gigafactory

F1 Teams Are Already Working on the Power Units Coming in 2026

Formula 1’s 2023 season isn’t even half over, but manufacturers are already working on 2026. That is when revised power-unit regulations, running through 2030, will take effect. It will be the biggest overhaul to the rules since the introduction of 1.6-liter V6 turbocharged engines in 2014. There will be more manufacturers and a step toward… Continue reading F1 Teams Are Already Working on the Power Units Coming in 2026

Lucid’s second quarter deliveries fell short of estimates amid demand concerns

Visitors walk at the Lucid Air during the Mobile World Congress 2023 (MWC), the telecom industry’s biggest annual gathering on February 28, 2023 in Barcelona, Spain.  Chris Jung | Nurphoto | Getty Images Luxury electric vehicle maker Lucid Group said Wednesday that it delivered 1,404 of its Air sedans to customers in the second quarter,… Continue reading Lucid’s second quarter deliveries fell short of estimates amid demand concerns

Lucid shares drop as deliveries take hit from Tesla’s price war

The company had trimmed its 2023 production forecast and reported a lower-than-expected first-quarter revenue in May as it took a hit from Tesla’s price war and rising interest rates. Lucid Group said its second-quarter production dropped from the previous three months while deliveries stayed flat, sending the shares of the luxury electric-vehicle maker down about… Continue reading Lucid shares drop as deliveries take hit from Tesla’s price war

Lucid shares drop as deliveries take hit from Tesla’s price war

July 12 (Reuters) – Lucid Group (LCID.O) said its second-quarter production dropped from the previous three months while deliveries stayed flat, sending the shares of the luxury electric-vehicle maker down about 6% on Wednesday. The Saudi Arabia-backed startup has been struggling to ramp up production in the face of supply chain issues, while a price… Continue reading Lucid shares drop as deliveries take hit from Tesla’s price war

Autocar magazine 12 July: on sale now

This week in Autocar, we offer details on Britain’s baby Porsche 911, drive the ultimate Prodrive-reworked Subaru Impreza and dive behind the scenes at the Goodwood Festival of Speed News The stunning Caterham Project V headlines the Goodwood Festival of Speed as the British firm’s vision of an electric sports coupe that the marque could put… Continue reading Autocar magazine 12 July: on sale now