Chinese EV startup NIO has sold the majority stake in its Formula E all-electric racing series team, according to longtime motorsports journalist Sam Smith. The company will remain a sponsor, a person familiar with the sale tells The Verge, but Chinese motorsports promotion company Lisheng Racing bought the stake and will run the team’s operations… Continue reading EV startup NIO sold its Formula E racing team
Tag: Possible_Motorsport
H1 2019 results confirm 2019 guidance with improved cash flow
UNVEILING OF FIRST HYBRID SERIES-PRODUCTION SUPERCAR, SF90 STRADALE Total shipments of 2,671 units, up +8.4% Net revenues of Euro 984 million, up +8.6% or +6.8% at constant currency Adj. EBITDAof Euro 314 million, up +8.7% with an EBITDA margin of 32.0% Adj. diluted EPS of Euro 0.96 (+13.9%) Industrial free cash flowgeneration of Euro 139 million,… Continue reading H1 2019 results confirm 2019 guidance with improved cash flow
VW ID R Nurburgring lap sets efficiency record too
As the Volkswagen ID R electric race car blistered around Germany's famous Nurburgring-Nordschliefe race course in June, it broke another record too: for the lowest fuel consumption driving around the course.
Volkswagen announced Friday that the ID R set a new fuel-efficiency record of the equivalent of 17 mpg on the lap. If that sounds like something you could pull off in a 1991 Ford Explorer, try it at full throttle while covering a 16.12-mile course in 6 minutes, 5.33 seconds at an average speed of more than 127 mph.
Charging the ID R's 43-kilowatt-hour battery pack using its exclusive glycerin-powered generators (that Volkswagen says non-toxic and “virtually” emissions free), VW says it used just 24.7 kwh of energy to complete the loop, the lowest of any car recorded.
Volkswagen ID R electric race car sets Nurburgring lap records
Volkswagen says that's about a quarter of the energy that a GT3 car would use. The fastest GT3 cars are more than a minute and a half slower around the track.
Before the run, ID R team members said they hoped to use the record lap to record all kinds of data from the car. Among the revelations is that the car generated 9.2 percent of the energy it used on the lap through regenerative braking.
On its way to the lap record, driver Romain Dumas loaded up to 3.49 Gs of lateral acceleration in cornering, at which point his neck had to hold up to 44 pounds of force from his head and helmet.
The ID R's top recorded speed 169.6 mph.
Making the point that electric cars can be both clean and fast seems worth that amount of energy.
Volkswagen I.D. R At The Nürburgring Used More Than 1 kWh/km
The 24.7 kWh of energy used during the record-breaking run was actually the most efficient record ever. Volkswagen I.D. R‘s EV record at the Nürburgring Nordschleife set on June 3, 2019, turns out to be the most efficient lap at the famous track, according to the German manufacturer. Total energy consumption by the car was 24.7… Continue reading Volkswagen I.D. R At The Nürburgring Used More Than 1 kWh/km
Groupe Renault and BP deepen their strategic partnership
• BP, Castrol and Renault F1 Team extend their Formula 1 partnership for a further two years until the end of 2024 • Groupe Renault appoints Castrol as its aftersales’ global service fill engine oil lubricants partner from 1 January 2020 Boulogne-Billancourt and London, 07/24/2019 – Groupe Renault and BP with its global lubricant business… Continue reading Groupe Renault and BP deepen their strategic partnership
ASTON MARTIN ACCELERATES TOWARDS GOODWOOD FESTIVAL OF SPEED
Pre-production DBX SUV, stops at Festival of Speed as part of global testing plan
Global dynamic debut of Vantage AMR and DBS Superleggera Volante
Festival of Speed will be UK dynamic debut of Rapide E
01 July 2019, Gaydon: 70 years since Aston Martin first raced at the Goodwood Motor Circuit, the luxury British manufacturer returns to Goodwood Festival of Speed as this year’s featured marque. There have been many significant moments in Aston Martin’s long-standing relationship with Goodwood and this year will be no different with Aston Martin showcasing its bold new future and highlights from its past.
Included in this year’s event will be the global dynamic debut of the DBS Superleggera Volante and the limited edition, Vantage AMR. Unveiled earlier this year, Aston Martin has introduced a 7-speed manual transmission to its true sports car, Vantage. Also featuring dynamic tweaks inspired by motorsport, Vantage AMR delivers a heightened driving experience while commemorating Asto..
McLaren Automotive shows continued growth in North American Market
Appointment of two new executives: Vice President of Sales and Vice President of Finance Opening of newest retailer: McLaren Walnut Creek in Northern California Year-to-date sales through June up 20 percent from 2018 record high Poised for further growth with arrival of the new McLaren GT in Q4 McLaren North America, the largest market for… Continue reading McLaren Automotive shows continued growth in North American Market
Groupe Renault and Coscharis Group start partnership to produce and distribute Renault vehicles in Nigeria
The Coscharis Group plant will start assembling Renault Logan and Renault Duster and will distribute the cars through their sales network throughout the country starting October 2019. Groupe Renault is leader in Africa with 18% market share. Boulogne-Billancourt and Lagos – July 18, 2019 – Groupe Renault and Coscharis Group mark today the start… Continue reading Groupe Renault and Coscharis Group start partnership to produce and distribute Renault vehicles in Nigeria
SEAT will roll out a corporate carsharing service and presents its vision for urban mobility in Madrid
SEAT is going to begin offering corporate carsharing services through Respiro, as was announced at ‘Madrid on the move by SEAT’, an event in the capital where the company presented its urban mobility strategy for the first time and vehicles such as the new Mii electric, the SEAT Minimó concept vehicle and the SEAT eXS kickscooter… Continue reading SEAT will roll out a corporate carsharing service and presents its vision for urban mobility in Madrid
GROUPE RENAULT AND JMCG OFFICIALLY ESTABLISH A JOINT VENTURE FOR ELECTRIC VEHICLES IN CHINA
• Groupe Renault will increase its share capital by RMB 1 billion to become a major shareholder of JMEV with a 50% stake. Boulogne-Billancourt, July 17, 2019 – Groupe Renault and Jiangling Motors Corporation Group (JMCG) announced the official establishment of their joint venture to further promote the development of the EV industry in… Continue reading GROUPE RENAULT AND JMCG OFFICIALLY ESTABLISH A JOINT VENTURE FOR ELECTRIC VEHICLES IN CHINA