Month: August 2023

The last NIO model to convert to the automaker’s second-generation platform, the EC6, was spotted ahead of its official debut in September. NIO’s CEO, William Li, believes the new EC6 “will be dominating the major market share” in its segment after launching. NIO unveiled the first-gen EC6, a five-seat premium electric coupe SUV, in December
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The Dodge Charger SRT Hellcat is most stolen-vehicle in the U.S. for model years 2020-2022, according to the Insurance Institute for Highway Safety (IIHS). The IIHS’ Highway Loss Data Institute (HLDI) on Thursday released its its latest most-stolen vehicle list, based on insurance claims for whole vehicle theft. Claims for the Charger Hellcat sedan were
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A Tesla plan to purchase hard-to-get construction materials is being investigated by U.S. prosecutors, who are looking at whether the project was an appropriate use of company funds, Bloomberg reported. Federal prosecutors also are looking into Tesla performance claims after Reuters reported the EV maker exaggerated the potential driving distance of its vehicles, The Wall
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What automakers are learning about electric vehicles, veterans of Weight Watchers already know: It’s hard to keep the pounds off once you’ve lost them. EVs are posting eye-popping curb weights, wiping out the lightweighting progress automakers have made in the past decade. The heavy batteries required to provide hundreds of miles of range are the
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Korean carmaker Kia is something of a Cinderella story. When the automaker arrived in the U.S. in 1994, its cars were poorly reviewed, and it was seen mostly as a low-cost value brand.  Now, Kia is winning awards and commanding higher markups than its peers. U.S. sales have gone from about 12,000 units in 1994
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MILAN — Alfa Romeo has revealed the 33 Stradale, a limited-edition “halo” sports car inspired by the 1967 33 Stradale that was derived from the Tipo 33 sports-racing model. The 33 Stradale was unveiled Wednesday at an event at the Stellantis brand’s museum in the Milan suburb of Arese. Alfa Romeo will build 33 examples of
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Kumar Galhotra, president of Ford Blue, will be a keynote speaker at the Automotive News Congress in Detroit on Sept. 12. Galhotra, who leads Ford Motor Co.‘s gasoline-powered vehicle business, will join a keynote lineup of General Motors President Mark Reuss and Hyundai Motor Co. President Jose Muñoz. The event’s theme is “Investing in Innovation,”
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Electric vehicle charging network companies know that this is crunch time. Low utilization rates and high operating costs are hamstringing profits. Money is tight. Charging satisfaction is at an all-time low. And after waiting years for networks to get it together, automakers are joining with Tesla Inc. in an unexpected alliance. Two of the largest
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