By Joey Klender Posted on November 5, 2022 Tesla recently displayed the power and prowess of the Tesla Bot’s primary leg actuators in a video as it lifted a half-ton grand piano without any issues. The display is both fascinating and frightening as the Tesla Bot project continues to move forward. Tesla shared the video
Month: November 2022
Renault is aiming for a roughly 10 billion euro ($10 billion) valuation for the electric-vehicle business the French automaker is carving out as a stand-alone entity, according to a person familiar with the matter. The company is preparing the EV and software entity for a potential initial public offering on the Euronext Paris exchange sometime
There’s no doubt that the all-new Honda Civic Type R is a hot commodity. With that in mind, it’s no shock that some dealers are charging greedy markups on the supposedly attainable hot hatch. One Honda dealer in Florida just got caught offering a payment plan on one that would result in the prospective owner
The father and son sentenced to serve time in a Japanese prison for smuggling Carlos Ghosn out of the country in a large musical-equipment case were transferred to the U.S. a week ago, ending another chapter of the corporate saga involving the former chairman of Renault and Nissan. Michael Taylor, the father and a former
LOS ALAMOS, New Mexico — Hailed as a “magical” solution. Derided as a perennial fantasy. Embraced as an “earthshot.” Many have eyed hydrogen’s tantalizing potential as an abundant and pollution-free energy source for transportation and beyond. Jules Verne described a method in which “water will one day be employed as fuel,” and wrote hydrogen and
In this article NKLA NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola Motor Company Source: Nikola Motor Company Electric heavy truck maker Nikola said that it produced 75 trucks in the third quarter, and delivered 63 to dealers before quarter-end, generating enough revenue to beat Wall Street’s expectations. But the company trimmed its production guidance
Icon founder Jonathan Ward loves to hide modern technology beneath a layer of patina. He calls his blends of old and new Derelicts, and recently he brought what might be the most extreme car in the series to Jay Leno’s Garage. It may look like a worn out 1949 Mercury Coupe on the surface, but
TOKYO — Nissan’s talks with alliance partner Renault are focused on optimizing their investment in electric vehicles and strengthening their competitiveness as equal partners, Makoto Uchida, the Japanese automaker’s CEO, said. Negotiations with Renault, also Nissan’s top shareholder, have less than two weeks remaining to meet a Nov. 15 target the automakers had set to
Australian police have impounded the car and license of a 27-year-old for driving around in a Nissan that just looks like a disaster waiting to happen. The man was spotted by Victoria Police in the small country town of Lara just after 3:30 a.m. on October 31. When asked where he had come from, the
Three dealership groups added single stores in separate third-quarter transactions. Here’s a look at the deals involving domestic and import dealerships in Maine, New Hampshire and New York. Key Auto adds another Ford dealership Key Auto Group on Aug. 9 added its third Ford store, purchasing Rockland Ford in Thomaston, Maine, from Tony Esposito. The
Tesla CEO Elon Musk is staying the course with his promise of self-driving robotaxis within a few years, even as the auto industry is pulling back on autonomous-vehicle investments. But Tesla’s newest competitors — electric vehicle startups Rivian Automotive and Lucid Motors — are focusing their efforts on advanced driver-assistance systems that still require driver
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In this article STLA-IT Follow your favorite stocksCREATE FREE ACCOUNT Engines undergo a final inspection at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Automaker Stellantis expects inflation costs on raw materials to subside next year following significant increases during the coronavirus pandemic, CFO Richard Palmer
Kia America reports 58,276 car sales in October, which is not only 11.9% more than a year ago, but also the best-ever result in October. Nonetheless, the total year-to-date result of 576,424 is 5.1% lower than a year ago. According to Kia, its EV electrified (HEVs, PHEVs and BEVs) more than doubled last month: “Led
Stellantis has joined BMW in warning that Europe is struggling to cope with surging costs. As a result, consumers in the region are starting to dial back car purchases. The comments come as German factory orders continued to decline in September, adding to concerns that Europe’s largest economy is slipping into recession as it struggles
Motorists awoke Friday morning to multiple inches of snowfall in the Denver Metro area. The icy conditions lead to multiple crashes across the city including one involving approximately 100 cars. As of this writing, none of the injuries sustained in the pile-up appear to be life-threatening. Around 6:20 local time this morning, Denver Police Department
A demand problem taking root in the used-vehicle industry is forcing Carvana Co. further into cost-cutting territory. The Tempe, Ariz.-based online used-vehicle retailer said last week that a multitude of economic factors — including rising interest rates — are converging to disrupt consumer demand and hinder the sales volume growth the company had anticipated for
The collapse of Argo AI, the consistent traffic problems created by Cruise’s hesitant self-driving test vehicles in San Francisco and the unfulfilled promise from Elon Musk to turn Teslas into robotaxis illustrate the difficulties facing the autonomous highway. Investors have poured $160 billion into the dream of autonomous transport over the last dozen years, according
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