In this article RIVN F RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian. Source: Ford Motor Co. DETROIT – Ford Motor and Rivian no longer plan to co-develop an electric vehicle, the companies confirmed Friday. The two companies initially announced development of a
Month: November 2021
By Joey Klender Posted on November 19, 2021 Ford made several leaps forward in its push toward electric vehicles today. Ford CEO Jim Farley stated that the automaker has now doubled its electric vehicle production goals to 600,000 units by 2023. Ford also signed a non-binding contract with GlobalFoundries, a global leader in feature-rich semiconductor
Ford’s plans to build an electric vehicle with startup EV maker Rivian are off, according to a Friday report from Automotive News (subscription required). Ford CEO Jim Farley told AN in an interview that the two companies have scrapped plans to jointly develop an EV. Farley said the company no longer needs Rivian’s help to
10:42 AM ET LUSAIL, Qatar — Formula One’s title battle spilled off the track and into the news conference room on Friday at the Qatar Grand Prix, as rival team principals Toto Wolff (Mercedes) and Christian Horner (Red Bull) were pitched against each other in a war of words ahead of this weekend’s race. The
If things had gone to plan, Maserati would have unwrapped its crucial Grecale SUV at an event in Milan at the beginning of this week. But they didn’t go to plan. Maserati instead decided to can the reveal in October, pushing the global unveiling back to early 2022 due to chip shortages, though the famous
In this article TSLA SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Tesla CEO Elon Musk is known for his spontaneous mass communication, from rants on Twitter to “everybody” e-mails he sends to
Watch the full episode for FREE on MotorTrend! https://bit.ly/2NzwX4B On this prievew of Dirt Every Day Episode 86 presented by Tire Rack, it’s time to get Fred’s 1986 Toyota rockcrawler Clampy out of California and into some rugged terrain. Will it crawl, bounce and roll?
7:33 AM ET The FIA has denied Mercedes’ request for a review of the incident between Max Verstappen and Lewis Hamilton at the Brazilian Grand Prix last week. While defending the lead from Hamilton late in the race, Verstappen appeared to force the Mercedes driver wide. The stewards did not investigate the incident and Hamilton
For most people, fitting their vehicle with bulletproof glass sounds unnecessary – and it probably is. However, for the elites that live among us, it is simply par for the course and to show just how resilient strengthened glass can be to gunfire, a YouTuber decided to put some to the test with the help
In this article 9868-HK GUANGZHOU, China — Xpeng unveiled a new electric sports utility vehicle Friday as competition in China’s new energy vehicle market continues to intensify. The G9 is Xpeng’s fourth production model. The company plans to launch the car in China in the third quarter of 2022, a person familiar with the matter
Vinfast may not be an EV name you recognize yet, but there should be an emphasis on the “fast” part of its moniker. At a private event following the first day of the LA Auto Show, Vinfast’s Global CEO Michael Lohscheller spoke to a crowded room about the Vietnamese automotive startup’s progress in just four
Before its scheduled destruction in various crash tests, Rimac CEO Mate Rimac took a prototype of the company’s Nevera electric hypercar for an off-road spin. The car is one of several pre-series models Rimac has used for demonstrations and public events since the Nevera’s unveiling earlier this year. However, this particular car has also been
The 300-series Toyota Land Cruiser was only revealed a few months ago but it has already proven to be exceptionally popular. Sadly, it will not be sold in the United States. For whatever reason, Toyota has decided to kill the Land Cruiser in the U.S., despite consumers in the States absolutely loving SUVs of this
10:02 AM ET LOSAIL, Qatar — Max Verstappen is convinced he did nothing wrong in defending the lead of the Sao Paulo Grand Prix against title rival Lewis Hamilton last weekend, saying he would pull the same move again in a similar situation. The incident, which saw both drivers end up in the run-off area
Street racing is a problem in many major cities and one such incident was recently caught on surveillance video in Clearwater, Florida. As you can see in the clip, the driver of the Nissan Altima Coupe passes an Infiniti G sedan and hits a dip in the road. While this wouldn’t have been a problem
In this article F TSLA Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters Ford Motor plans to increase its production capacity of electric vehicles to 600,000 units globally by 2023, which CEO Jim Farley expects would make the company the second-largest
When driving cars at the limit, there’s one thing that can be as frustrating as an overprotective mother. Too much understeer! On this episode of BFGoodrich’s The Racing Line presented by Tire Rack, you’ll learn the tools for coping with a car that won’t turn. The Racing Line is the new performance driving series hosted
BMW Motorsport’s latest teaser for its new XM electrified SUV concept reminds us about all those jokes and memes generated by the facelifted 7 Series, whose grille is just too big to look good. This new concept’s grille is not only similarly sized – if not even bigger – but its outline is also illuminated,
9:32 AM ET Saudi Arabian Formula One Grand Prix organisers have said they can be proud of their record on construction safety and worker rights as they prepare for the new Jeddah street circuit for a looming December debut. Neighbouring Qatar, which hosts F1 for the first time this weekend, has been accused of exploiting
A bizarre Mercedes-Benz SLK, modified to somewhat resemble a Lamborghini, has started to gain traction online after hitting the used car market in Vietnam. The badge on the rear of the car reveals that this is a Mercedes-Benz SLK 230 although it seems the owner has modified it to be almost unrecognizable and more reminiscent
In this article 1238-SZ WeRide has partnered with Guangzhou Automobile Group (GAC Group) to launch robotaxis on the Ontime ride-hailing app. The companies plan to make the driverless taxis available to the public by 2022. WeRide GUANGZHOU, China — Chinese autonomous driving start-up WeRide has partnered with major automaker Guangzhou Automobile Group (GAC Group) to
By Joey Klender Posted on November 17, 2021 Volkswagen’s lineup of ID. electric vehicles has hit a week-long production speed bump due to the global semiconductor crisis. Volkswagen will temporarily halt ID. family production lines at its Zwickau and Dresden, Germany vehicle manufacturing facilities due to the global semiconductor shortage. It is the first time
Fisker Inc. on Wednesday unveiled a production-ready prototype of its 2023 Ocean electric crossover. The 2021 Los Angeles auto show introduction comes exactly one year prior to the targeted start of production on Nov. 17, 2022 at the Magna-Steyr plant in Graz, Austria. The Ocean will be offered in Sport, Ultra, and Extreme versions. The
1:25 PM ET Formula One stewards will hear Mercedes’ representatives on Thursday to decide whether to grant their request for a review of the Sao Paulo Grand Prix incident between title contenders Lewis Hamilton and Max Verstappen. Mercedes asked for a review on Tuesday on grounds that significant new evidence had emerged since last Sunday’s
The basement display area a floor below the OEM circus at the L.A. Auto Show is always home to some weird and wild tuner creations. But we doubt even the lifted trucks and modified Rolls Royces hiding down in the dungeon come close to this life-size Barbie car when it comes to imagination. What appears to
DETROIT – General Motors is steadily approaching a $100 billion market valuation after shares of the automaker reached a record high on Wednesday. GM’s gains come as shares of newly public electric vehicle start-ups Rivian and Lucid Group, which briefly surpassed GM in market cap Wednesday, lost steam following extraordinary double-digit runups in the past
We head out to the test track in Audi’s race track ready R8 GT to see if it has what it takes to battle the world’s top supercars. Read the full story here: http://www.motortrend.com/roadtests/exotic/1106_2012_audi_r8_gt_test/index.html Also find Motor Trend on: Tweets by MotorTrend http://facebook.com/MotorTrendMag Shot by: Jim Gleason, Gordon Green & Corey Denomy Edited by: Jim
7:12 AM ET Following the Sao Paulo Grand Prix, Mercedes team principal Toto Wolff likened his team’s race weekend to being punched multiple times in the face. He said he was “angry” that decisions by the FIA stewards had consistently swung against his team and went on to say that, from his perspective, the time
In their pursuit of endless possibilities, luxury automakers have to offer countless colors and options, most of which can be accessed through the configurator. Not every combination is a winner, though, as we shall prove today. The Lamborghini Huracan STO‘s configurator is a prime example of that, offering customers seven paint genres, each with its
In this article LCID Lucid Motors CEO Peter Rawlinson told CNBC’s Jim Cramer on Tuesday that the start-up has plans to build factories outside the U.S. The California-based electric vehicle maker’s flagship facility is in Casa Grande, Arizona, where the company started commercial production in September. Initial deliveries of the “Dream Edition” of Lucid’s Air
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