1:07 PM ET Associated Press Colton Herta has signed a four-year contract extension with Andretti Autosport that ties the American racer to the IndyCar team through 2027 and indicates Herta has put a pause on his Formula One ambitions. The extension announced Tuesday is significant because it shuts out the biggest teams in IndyCar from
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Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the biggest U.S. initial public offerings of the year above its marketed range to raise $861 million. The company sold 41 million shares for $21 each, according to a statement Tuesday confirming earlier reports. Mobileye had marketed the shares for $18
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The 2023 Honda Accord debuts in November, but in the meantime Honda has released a teaser of the redesigned mid-size sedan. Honda was short on details—including the actual reveal date—in its brief press release, but confirmed a 12.3-inch touchscreen, Google built-in connectivity (a first for the brand), and “a more responsive and fun-to-drive hybrid powertrain.”
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Volvo will use colors to signal the difference between driver-assisted mode and what it calls “unsupervised autonomous driving” mode in its full-electric flagship. The EX90 driver-focused display screen visual through the steering wheel will use green to signal when the car is using assistance solutions such as lane keeping and adaptive cruise control. This color,
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ELLABELL, Ga. — Hyundai Motor Group broke ground Tuesday on a mammoth $5.54 billion manufacturing project that will produce electric vehicles and batteries for the Hyundai, Genesis and Kia brands. Jose Munoz, Hyundai’s global chief operating officer, said the dedicated EV factory, to be called the Metaplant, will build up to six models and have
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Hyundai executives and government officials break ground on the automaker’s new “Metaplant America” in Bryan County, Georgia, on Tues., Oct. 25, 2022. CNBC | Michael Wayland SAVANNAH, Ga. – South Korean officials are working closely with the U.S. government to adjust restrictive regulations on electric vehicles under the recently passed Inflation Reduction Act, according to
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