Taiwanese electronics giant Foxconn, which contract-manufactures products such as the Apple iPhone, has taken a major stake in struggling EV start-up Byton in a move set to accelerate its expansion into the car industry. Chinese-owned Byton was launched in 2017 and has shown a range of concept cars since then. It had been developing its M-Byte SUV… Continue reading Apple iPhone maker Foxconn ramps up EV ambitions with Byton deal
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Foxconn to make electric SUVs with cash-strapped Chinese startup Byton, may invest $200m
Cash-strapped Chinese startup Byton, Apple assembler Foxconn and the Nanjing Economic and Technological Development Zone have agreed to start building electric sport-utility vehicles in 2022, according to a statement on Monday. Young Liu, chairman of Foxconn said in the statement that the partnership with Byton will be a key part in Foxconn’s strategy in electric vehicle (EV) industry.… Continue reading Foxconn to make electric SUVs with cash-strapped Chinese startup Byton, may invest $200m
Lidar startup Aeva raises another $200M ahead of its debut as a public company
Aeva, the lidar company started by two former Apple engineers, has raised an additional $200 million in private investment from Hong Kong hedge fund Sylebra Capital ahead of its debut as a publicly traded company. The Mountain View, California-based startup announced in fall 2020 that it was merging with special purpose acquisition company InterPrivate Acquisition… Continue reading Lidar startup Aeva raises another $200M ahead of its debut as a public company
Aeva, Inc. and InterPrivate Acquisition Corp. Announce $200 Million Investment from Sylebra Capital in Support of Business Combination
Under the terms of the agreement, Sylebra, a current holder of InterPrivate common stock, has committed to purchase an additional $200 million of InterPrivate common stock in connection with the expected closing of the business combination. Sylebra has also entered into a one-year lock-up agreement on the majority of its investment, and will vote all… Continue reading Aeva, Inc. and InterPrivate Acquisition Corp. Announce $200 Million Investment from Sylebra Capital in Support of Business Combination
2021 Chevrolet Corvette Production Start Date Pushed Back One Week
2021 Chevrolet Corvette Production Start Date Pushed Back One Week
3 Dec 2020, 21:53 UTC ·
by
Mircea Panait
Home > News > Car Profile
The 2021 Chevrolet Corvette was expected to start production on the week of December 7th, but two major dealers beg to differ. According to Kerbeck and MacMulkin, the TPW has been moved to December 14th.
7 photos
Both dealers have updated their customer order pages today, showing that 2021 orders have progressed to Status 3300. In other words, the orders are scheduled for production. Kerbeck also has a car scheduled for January 4th, a Silver Flare Metallic 3LT Convertible with a sticker price of $100,000.
While on the subject of pricing, the 2021 Corvette soldiers on at $59,995 for the coupe and $67,495 for the hard-topped convertible. Two new color options have been added to the exterior palette, starting with the $995 Red Mist Metallic Tincoat pictured in the gallery. The Silver Flare Metallic mentioned earlier replaces Blade Silver Metallic and doesn’t cost extra.
The biggest change, however, is the Z51 Performance Package. 2021 Corvette customers will have to pony up $995 more than before, which isn’t too bad when you think about it. Chevrolet has also spun off the FE2-code Magnetic Selective Ride Control suspension into a standalone option priced at $995.
Based on the order guide for the 2021 model year, the LT2 small-block V8 features the same ratings as before. 490 horsepower and 465 pound-feet (629 Nm) of torque for the Stingray are more than plentiful, and you can expect a little extra if you opt for the performance exhaust included in the Z51 package.
When it comes to customization, the golden bowtie is much obliged to sell you full-length dual racing stripes in a variety of colors for $995. Stinger two-tone stripes are also available, and they add $500 to the retail price.
Last but certainly not least, Chevrolet decided to treat all three trim levels to improved connectivity in the guise of wireless Apple CarPlay and Android Auto. Bear in mind, however, that two infotainment options are offered.
There are three differences to speak of between the IOS and IOT systems, with the latter bringing enhanced voice recognition, additional memory for in-vehicle apps, and connected navigation. Given that Android Auto and Apple CarPlay support turn-by-turn navigation, these differences are not that big of a deal.
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The inside story of how bitter rivalries and petty fights derailed Google’s self-driving supremacy and cost Uber its shot at the crown
Anthony Levandowski and Chris Urmson helped create the self-driving industry as it exists today. The two were polar opposites and fought over issues big and small, complaining about each other to Google founder Larry Page frequently. Urmson won the power struggle and Levandowski ultimately decamped for Uber. Years of infighting and indecision hampered Google’s effort… Continue reading The inside story of how bitter rivalries and petty fights derailed Google’s self-driving supremacy and cost Uber its shot at the crown
LG Electronics and Magna International to Set up $1 Billion Joint Venture to Make Electric Car Gears
LG Electronics and Magna International, a Canadian automotive parts manufacturer, have agreed to set up a joint venture that will make electric car gears. Magna International is a top six ranked automotive parts manufacturer in the world based on sales and possesses different autonomous driving technologies and platforms.According to Bloomberg on Wednesday, their joint venture… Continue reading LG Electronics and Magna International to Set up $1 Billion Joint Venture to Make Electric Car Gears
Elon Musk says Apple’s boss snubbed takeover deal
Tesla to join key share index as it defies critics Go to Source
Apple share gain dwarfs GM after car rollout news
By Reuters Staff 3 Min Read (Reuters) -Shares in Apple Inc jumped more than 3% on Tuesday, adding more than General Motors’ entire market capitalization to the value of the iPhone maker on signs it was planning to move forward swiftly with electric car production. FILE PHOTO: U.S. dollar banknotes are seen in front of… Continue reading Apple share gain dwarfs GM after car rollout news
Apple shares rise on car rollout plan, battery ambitions
By Munsif Vengattil 2 Min Read (Reuters) -Shares of Apple Inc jumped nearly 5% on Tuesday, a day after Reuters exclusively reported that the iPhone maker is aiming to produce a passenger vehicle by 2024 with its own battery technology. FILE PHOTO: U.S. dollar banknotes are seen in front of the Apple logo in this… Continue reading Apple shares rise on car rollout plan, battery ambitions