In this article F STLA Follow your favorite stocksCREATE FREE ACCOUNT Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid DETROIT — The auto industry has an addiction. It’s a “capital junkie” that’s been on a yearslong
Month: November 2024
By Zachary Visconti Posted on November 24, 2024 Executives from both Tesla and Rivian have commented on the decades-long fight to overturn direct vehicle sales bans across many U.S. states, reigniting a long-held conversation in the electric vehicle (EV) community about dealership policy lobbying groups and online sales models. Tesla has managed to side-step direct
(Source: Tesla) Tesla and Rivian have been embroiled in a lawsuit in which the former accused the latter of having stolen battery technology by poaching Tesla employees. It sounds like the two automakers are finally about to settle the lawsuit, which has been going on for 4 years. In 2020, Tesla filed a lawsuit against Rivian
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT EV cars are pictured inside BYD’s first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. Chalinee Thirasupa | Reuters BEIJING — Time is running out for traditional foreign
By Simon Alvarez Posted on November 22, 2024 Tesla CEO Elon Musk’s net worth reached an all-time high of $347.8 billion, as per estimates in the Bloomberg Billionaires Index. The feat was achieved on Friday, as TSLA shares saw a 3.8% rise amid optimism that U.S. president-elect Donald Trump’s plans for autonomous cars and EVs
Workers walk at the site of the Northvolt Ett factory in Skelleftea, north Sweden on February 23, 2022. Jonathan Nackstrand | Afp | Getty Images Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the U.S., delivering a blow to Europe’s electrification ambitions. Once one of Europe’s most valuable privately held tech firms,
Photo: Ørsted The Mockingbird Solar Center, Ørsted’s largest solar project globally, is now online, next to protected prairie donated by the renewable energy giant. This massive 468-megawatt (MW) solar farm is set to power 80,000 homes and businesses, providing a major boost to the Texas grid. But the launch of Mockingbird Solar isn’t just about
In this article 7267.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Honda is the world’s largest engine manufacturer, powering about 27 million cars, motorcycles, generators, yard tools, airplanes, and other items. The vast majority of those are powered by internal combustion engines. The company is a supplier of engines to successful Formula 1 teams, maker of
Nov 22, 2024, 05:56 AM ET Open Extended Reactions McLaren are on the verge of winning the team’s first Formula 1 constructors’ championship since 1998 but CEO Zak Brown said on Thursday he is keeping the champagne on ice knowing full well how quickly fortunes can change in the sport. McLaren lead the standing with
Kum & Go Pulls Out, Maverik Slides Into Gas Stations Nationwide | Carscoops The new owners, out of Salt Lake City, is a company named Maverik, so Top Gun jokes may pop up November 15, 2024 at 18:30 The fuel station’s new national owner plans to rebrand every Kum & Go location. Maverik will replace
Jaguar new logo Courtesy: Jaguar Luxury carmaker Jaguar has defended a rebrand that drew widespread criticism on social media this week. The company, part of Tata Motors-owned group Jaguar Land Rover, released a new logo that saw it ditch its iconic “leaper” big cat branding, and unveiled promotional videos featuring brightly dressed models — but
By Maria Merano Posted on November 21, 2024 Northvolt AB, a Swedish battery maker, filed for Chapter 11 bankruptcy protection in the United States on Thursday, November 21, 2024. The Swedish company hasn’t given up yet. According to its press release, Northvolt hopes its Chapter 11 reorganization filing will enable it to restructure its debt,
Kia unveiled the EV9 GT at the 2024 Los Angeles auto show The high-performance electric SUV is the second GT model from Kia Performance figures for the EV9 GT include 501 hp and 0-60 mph acceleration in 4.3 seconds Pricing will be announced closer to the market launch in the second half of 2025 Kia’s
Hyundai will present the Ioniq 9 at the 2024 Los Angeles auto show The electric three-row SUV features a standard 110.3-kwh battery, which Hyundai said is good for a 335-mile range estimate Pricing for the Ioniq 9 will be announced closer to the start of sales in early 2025 Buyers looking for an electric vehicle
Nov 21, 2024, 05:05 AM ET Open Extended Reactions Lando Norris said he knew what to expect in his battle with Max Verstappen. Clive Mason/Getty Images Seven-time Formula 1 world champion Lewis Hamilton said on Wednesday he had felt like walking away from Mercedes after a tough race in Brazil this month. The 39-year-old Briton, the
Nov 21, 2024, 07:56 AM ET Open Extended Reactions Yuki Tsunoda was questioned at the U.S. border on arrival in Las Vegas. Clive Mason/Getty Images Japanese Formula 1 driver Yuki Tsunoda said he was interrogated in his pyjamas for several hours by U.S. border control officials before being let into the country for Saturday’s Las Vegas
Nov 21, 2024, 08:05 AM ET Open Extended Reactions Sergio Perez said he doesn’t agree with his father’s comments. Kym Illman/Getty Images Mexican Formula 1 driver Sergio Perez has distanced himself from anti-gay comments made by his father Antonio about former driver Ralf Schumacher. Perez senior, who is a Mexican politician, had made disparaging remarks to
Field Level Media Nov 21, 2024, 10:08 PM ET Open Extended Reactions McLaren no longer will have its drivers adhere to a pecking order as the Las Vegas Grand Prix approaches Saturday. McLaren driver Oscar Piastri said he does not have to operate in a support role for teammate Lando Norris, now that Norris’ hopes
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