Month: October 2022

LEIPZIG — BMW production chief Milan Nedeljkovic expects stabilizing supply chains to lead to a clear improvement in profitability next year. From a production perspective, Nedeljkovic said he did not expect margins to fall. “Repeated undersupply and needing to re-plan production brought a certain turmoil. A clear improvement in our margins should result purely from
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4:03 PM ET Associated Press HOMESTEAD, Fla. — Chandler Smith, Zane Smith and Ben Rhodes became the final drivers to punch their tickets to the NASCAR Truck Series finale next month when Ty Majeski, already in the title race, won after Saturday’s race at Homestead-Miami Speedway. The drivers rounded out the championship-deciding final four on
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Hyundai Ioniq 6 Hyundai DETROIT – The Biden administration’s elimination of tax credits for imported electric vehicles deals a massive blow to Hyundai Motor’s business, an executive for the automaker said Wednesday. Jose Munoz, global president and chief operating officer, declined to disclose a specific financial impact associated with the requirements of the Inflation Reduction
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Stellantis has partnered with Norwegian startup Casi to launch a car subscription service called Drivenjoy, initially in the Netherlands. The service will offer about 200 vehicles in the coming months. The Drivenjoy fleet is not entirely electric, although more hybrid and full-electric vehicles will be added in the coming months. Stellantis is touting the partnership
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12:45 PM ET Associated Press HOMESTEAD, Fla. — William Byron‘s playoff push will start from the ideal spot Sunday. He won the pole in Saturday’s qualifying laps at Homestead-Miami Speedway, turning in a lap of 32.454 seconds. That was 0.049 seconds ahead of fellow playoff entrant Bell. Another driver still in the playoff, Chase Elliott,
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The second generation of Kia’s Niro EV, which tops off the automaker’s trio of electrified compact crossovers that also includes plug-in hybrid and gasoline-electric hybrid powertrains, goes on sale this month in all 50 states. The Korean automaker slashed $200 off the price for buyers that opt into the higher of two trims, called the
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This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time that includes an electric bike that apparently breaks in half, new e-bikes from Trek and Specialized, MOKE International entering the US market, fun new electric quadricycles and lots more. The Wheel-E
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TeraWatt site Courtesy: TeraWatt San Francisco startup TeraWatt Infrastructure on Thursday announced it’s developing the first network of electric vehicle-charging centers for heavy-duty and medium-duty trucks along the Interstate 10 highway, stretching from Long Beach, California, to the El Paso, Texas, area. The company, which raised more than $1 billion this year to build charging infrastructure,
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GMC unveiled another electric pickup truck, Jeep debuted its first all-electric production-bound vehicle, and Cadillac revealed its Celestiq flagship. It’s the Week in Reverse, right here at Motor Authority. The 2024 GMC Sierra EV became the automaker’s third electric truck. Revealed in $108,695 Denali Edition 1 form, the electric pickup will have an estimated 400
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