Chinese EV startup NIO wants to be one of the top five automakers in the world by sales by 2030, the company’s co-founder, chairman and CEO William Li said. The outspoken executive made this comment and several other interesting statements in an interview with Germany’s Heise Autos (via CnEVPost). In order to meet its ambitious
Month: October 2022
2024 Chevrolet Trax ACTIV GM DETROIT — General Motors on Wednesday revealed a new version of its Chevrolet Trax — the brand’s entry-level crossover — with new technologies and a more aggressive design, and at a lower price than the current vehicle. The compact is key to attracting and retaining cost-conscious buyers for the Detroit
COPENHAGEN, Denmark — Polestar is poised to shake up Europe’s key premium large SUV segment amid strong demand for full-electric cars. When it arrives next year, the battery-electric Polestar 3, the Volvo Cars subsidiary’s first SUV, which made its global debut here Wednesday, will join models such as the segment-leading BMW X5 and the German
6:43 PM ET Associated Press CHARLOTTE, N.C. — Alex Bowman said Wednesday he will miss the next three NASCAR races with a concussion he suffered last month in a crash in NASCAR’s new Next Gen car. Bowman, who sat out the past two races, will miss this weekend at Las Vegas, then sit out at
West Coast charging network operator EVCS is looking to simplify powering electric vehicles by offering a choice of monthly subscription plans. The move marks a departure from the way such networks typically operate. Most require a low monthly fee and charge an additional amount per kWh used. “It really is a minefield across the various
This much is clear: Tesla says it is going to start delivering Semi trucks Dec. 1, a full five years after Elon Musk started taking orders for them. The first ones are going to PepsiCo, which will put them to work at a Frito-Lay facility in Modesto, California, and a beverages plant in Sacramento. From
By Eric Ralph Posted on October 11, 2022 For the first time in more than six months, SpaceX has stacked both stages of its next-generation Starship rocket, creating the largest and most powerful launch vehicle ever fully assembled. It’s not the first time. SpaceX has conducted three other ‘full-stack’ Starship demonstrations: once in August 2021
Ford is embracing #vanlife with an adventure-ready version of the Transit arriving for the 2023 model year. The 2023 Ford Transit Trail was teased Wednesday on Twitter by Ted Cannis, CEO of the automaker’s Ford Pro commercial vehicle division, one of three business units created during the automaker’s restructuring earlier this year. 2023 Ford Transit
In this article A4N1-FF Follow your favorite stocksCREATE FREE ACCOUNT Polestar 3 Courtesy: Polestar Swedish EV maker Polestar on Wednesday unveiled a new electric SUV that it’s counting on to expand its sales and presence in the United States. The new model, called the Polestar 3, is a five-passenger EV that the company describes as
Renault is considering a partnership with Korean battery makers as the French automaker seeks to increase production capacity in Europe, CEO Luca de Meo said. “We are looking to reinforce long-term relations with some players here,” de Meo said at a news conference in Seoul on Tuesday, when asked whether Renault is considering a joint
A recently-posted video on Instagram demonstrates why learning to drive is such an important skill. One driver in a bright red Ferrari 458 Italia is still honing their skills after a recent incident. After spinning out in front of a crowd of people recording their actions it seems that the driver forgot about the brake
WASHINGTON — General Motors said on Tuesday it will invest up to $69 million and take an equity stake in Queensland Pacific Metals to secure a new source of nickel and cobalt for battery cells for use in the U.S. automaker’s vehicles. GM said the investment will help support EV eligibility for consumer incentives under
TOKYO — Fast-moving Hyundai Motor Group says it will plow billions of dollars into developing software in a move to speed product development and boost revenue, including the creation of a new operating system for over-the-air updates in all Hyundai, Kia and Genesis vehicles by 2025. The sweeping initiative will usher in a wave of
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Vehicles float in the water on Sept. 29 in Bonita Springs, Florida, after Hurricane Ian. Sean Rayford | Getty Images If you’re planning to shop for a used car in the next few months, be sure to check for flood damage before signing on the dotted line. In the wake of widespread flooding across Florida,
MILAN — Stellantis will look to upgrade its medium-term target for the minimum percentage of recycled material in its vehicles from 35 percent, the carmaker’s Senior Vice President Global Circular Economy Alison Jones said. In its business plan, Stellantis has set a goal to boost revenues of its recycling business ten-fold to over 2 billion
Oct 10, 2022 Formula One’s governing body, the FIA, has confirmed Red Bull breached the sport’s cost cap in 2021 but has yet to decide on the team’s punishment. After delaying the announcement last week, the FIA confirmed Monday that Red Bull had committed a “procedural breach” and a “minor overspend” in 2021, meaning a
Dashcam footage has captured the moment that the driver of a BMW sedan crashed into the side of a Toyota Highlander in the Bronx, New York. The video starts off by showing the driver of the Highlander making a left-turn onto a highway entry ramp and at the same time, a silver BMW 3-Series can
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