Workhorse Secures $41 Million Financing from Institutional Lender

CINCINNATI, Nov. 22, 2019 /PRNewswire/ — Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective electric-mobility solutions to the transportation sector, has entered into a financing agreement with a principal amount of $41.0 million with an institutional lender. The proceeds will be used for current working capital,… Continue reading Workhorse Secures $41 Million Financing from Institutional Lender

Tesla Officially Revealed Its Cybertruck Last Night: Here’s A Recap

To say it’s incredibly unique is an understatement. Last night, Elon Musk walked onto the stage at Tesla’s Design Studio dressed like The Terminator. He unveiled a wild, bold sci-fi vision — something right out of Blade Runner or Total Recall. In the real world, it looks like something akin to a DeLorean, Mars Rover, and Stealth… Continue reading Tesla Officially Revealed Its Cybertruck Last Night: Here’s A Recap

Toyota’s first plug-in hybrid RAV4 piles on the power and fuel efficiency

Toyota gave its first plug-in hybrid RAV4 more than just a plug. It piled on the power as well. The 2021 Toyota RAV4 Prime, which was unveiled this week at the LA Auto Show, will achieve two seemingly conflicting goals. The vehicle will be its most fuel efficient and one of its most powerful. This… Continue reading Toyota’s first plug-in hybrid RAV4 piles on the power and fuel efficiency

@FCA: Statement: Fuel Pump Relay

Statement: Fuel Pump Relay November 21, 2019 , Auburn Hills, Mich. – FCA US LLC is recalling an estimated 528,594 SUVs in the U.S. to help ensure the integrity of an electrical connection. Feedback from FCA dealers led to an FCA investigation that discovered silicon deposits on the contact points of certain fuel pump relays may interrupt… Continue reading @FCA: Statement: Fuel Pump Relay

@Ford: Corsair Grand Touring Arrives; Grows Lincoln’s Electrified Portfolio with Segment-First Technology

All-new Corsair Grand Touring pairs advanced hybrid technology with Lincoln-first electric all-wheel drive to deliver a powerful, confident and nimble SUV that builds on the brand’s commitment to electric propulsion Launching next summer, Corsair Grand Touring offers intuitive technologies and signature Lincoln amenities – including Phone As A Key, Lincoln Co-Pilot360™ Plus and drive modes… Continue reading @Ford: Corsair Grand Touring Arrives; Grows Lincoln’s Electrified Portfolio with Segment-First Technology

Audi reveals its second electric car, the E-Tron Sportback

Audi just pulled the wraps off of the E-Tron Sportback, the company’s second electric car, at the 2019 LA Auto Show. Coming to Europe in the first half of 2020, the top-tier version of the new premium EV will offer up to 446 kilometers of range (277 miles) and is powered by dual electric motors… Continue reading Audi reveals its second electric car, the E-Tron Sportback

CORRECTED-Nissan recalls nearly 400,000 vehicles over braking system defect (Nov. 16)

(This Nov. 16 story corrects headline to say nearly 400,000 vehicles were recalled, not 40,000) FILE PHOTO: A Nissan logo is pictured at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo By Kanishka Singh (Reuters) – Japan’s Nissan Motor Co Ltd (7201.T) has said it is recalling 394,025 cars in… Continue reading CORRECTED-Nissan recalls nearly 400,000 vehicles over braking system defect (Nov. 16)

Nissan recalls nearly 400,000 vehicles over braking system defect

(This November 16 story has been refiled to correct the number in the headline) FILE PHOTO: A Nissan logo is pictured at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo By Kanishka Singh (Reuters) – Japan’s Nissan Motor Co Ltd (7201.T) has said it is recalling 394,025 cars in the… Continue reading Nissan recalls nearly 400,000 vehicles over braking system defect

Workhorse Selects EnerDel As Battery Supplier: Orders 5,200 Packs

Bruce Silk, Director of Business development for EnerDel, said: “Our agreement with Workhorse is not just the opportunity to showcase our Vigor+ product line. EnerDel brings a lot more to the table than just supplying battery packs, including our experience in volume manufacturing, safety and performance, unbeatable warranty offerings and after-sale support that comes from… Continue reading Workhorse Selects EnerDel As Battery Supplier: Orders 5,200 Packs

Nissan recalls nearly 400,000 cars in US over potential fire hazard

Nissan Japanese car giant says brake fluid leaking on to a circuit board could ‘in rare instances’ lead to a fire Affected models in the Nissan recall of cars mainly in the US include the 2016-18 Maxima, 2017-19 QX60, 2015-18 Murano and 2017-19 Pathfinder. Photograph: Shizuo Kambayashi/AP Nissan will recall 394,025 cars in the US… Continue reading Nissan recalls nearly 400,000 cars in US over potential fire hazard