MILAN — Stellantis has signed a framework agreement with Algeria to develop activities of its Fiat brand in the county, including for local production of vehicles. The deal covers a project for the development in Algeria of industrial, after-sales and spare parts activities for Fiat, as well as the development of the automotive sector in
Toyota Motor Corp. is forgoing a traditional product pitch in a new marketing campaign designed to connect with consumers on a more personal level. The “Never Settle” campaign will comprise seven broadcast commercials touching on various themes. One spot called “A New World” explores the possibilities that await a newborn baby just leaving the hospital.
The Boring Company has just started selling a fragrance in what appears to be Elon Musk’s latest cash grab. The fragrance is dubbed Burnt Hair and according to Musk, is an “omnigender product.” It comes in a flashy red glass bottle but given that deliveries won’t start until the first quarter of 2023, it is
State EV Investments and Incentives Financial disclosures vary by state, and some withhold data at the behest of a company or to stay competitive against other states. This makes the full picture of corporate incentives incomplete, but below are estimates compiled by Bloomberg. Some subsidies and incentives may still be subject to state or local
The US offshore wind industry has hit the ground running: Coastal states increased their long-term offshore wind targets by 58% in the third quarter of 2022. That sets a record for quarterly growth, according to the Business Network for Offshore Wind’s inaugural “US Offshore Wind Quarterly Market Report.” US offshore wind growth Groundbreaking federal policy,
The redesigned 2023 Porsche 911 GT3 RS managed to lap the full 12.9 miles of the Nürburgring Nordschleife in a time of 6:49.328, making it around 10 seconds faster than the 911 GT3 and seven seconds faster than the predecessor model. Impressively, the time is not far off the 6:43.616 record for production cars at
In this article NKLA RMO Follow your favorite stocksCREATE FREE ACCOUNT Nikola Motor Company Source: Nikola Motor Company Electric heavy truck maker Nikola said Thursday that its planned acquisition of battery-pack maker Romeo Power will now proceed, after Romeo Power shareholders agreed to tender just over half of the company’s outstanding shares. In August, Nikola
BERLIN – Volkswagen Group will invest 2.4 billion euros ($2.33 billion) and take a 60 percent stake in a new joint venture with Chinese technology company Horizon Robotics for autonomous driving software and hardware, the automaker said. The companies will work together to develop technology that can integrate numerous functions for autonomous driving onto a
BMW Group and AirConsole, a gaming platform, said they formed a partnership to bring gaming inside BMW vehicles. The partnership, announced earlier this week, aims to make games playable directly through the legacy automaker’s infotainment displays, with smartphones acting as controllers. Games will be delivered over-the-air, BMW said a statement. AirConsole is available on Internet
BERLIN — Mercedes-Benz and Microsoft announced a partnership using Microsoft Cloud for a data platform intended to improve production efficiency at over 30 passenger car plants globally. The data platform, called MO360, is already available in Europe, the Middle East and Africa and will also be launched in the United States and China, Mercedes said
Chinese EV startup NIO wants to be one of the top five automakers in the world by sales by 2030, the company’s co-founder, chairman and CEO William Li said. The outspoken executive made this comment and several other interesting statements in an interview with Germany’s Heise Autos (via CnEVPost). In order to meet its ambitious
2024 Chevrolet Trax ACTIV GM DETROIT — General Motors on Wednesday revealed a new version of its Chevrolet Trax — the brand’s entry-level crossover — with new technologies and a more aggressive design, and at a lower price than the current vehicle. The compact is key to attracting and retaining cost-conscious buyers for the Detroit
COPENHAGEN, Denmark — Polestar is poised to shake up Europe’s key premium large SUV segment amid strong demand for full-electric cars. When it arrives next year, the battery-electric Polestar 3, the Volvo Cars subsidiary’s first SUV, which made its global debut here Wednesday, will join models such as the segment-leading BMW X5 and the German
6:43 PM ET Associated Press CHARLOTTE, N.C. — Alex Bowman said Wednesday he will miss the next three NASCAR races with a concussion he suffered last month in a crash in NASCAR’s new Next Gen car. Bowman, who sat out the past two races, will miss this weekend at Las Vegas, then sit out at
West Coast charging network operator EVCS is looking to simplify powering electric vehicles by offering a choice of monthly subscription plans. The move marks a departure from the way such networks typically operate. Most require a low monthly fee and charge an additional amount per kWh used. “It really is a minefield across the various
This much is clear: Tesla says it is going to start delivering Semi trucks Dec. 1, a full five years after Elon Musk started taking orders for them. The first ones are going to PepsiCo, which will put them to work at a Frito-Lay facility in Modesto, California, and a beverages plant in Sacramento. From
By Eric Ralph Posted on October 11, 2022 For the first time in more than six months, SpaceX has stacked both stages of its next-generation Starship rocket, creating the largest and most powerful launch vehicle ever fully assembled. It’s not the first time. SpaceX has conducted three other ‘full-stack’ Starship demonstrations: once in August 2021
Ford is embracing #vanlife with an adventure-ready version of the Transit arriving for the 2023 model year. The 2023 Ford Transit Trail was teased Wednesday on Twitter by Ted Cannis, CEO of the automaker’s Ford Pro commercial vehicle division, one of three business units created during the automaker’s restructuring earlier this year. 2023 Ford Transit