By William Johnson Posted on August 31, 2022 BYD shares (HKSE: 1211.HK) on the Hong Kong stock exchange tumbled nearly 12 percent today after Berkshire Hathaway divested 1 million shares from the company. According to Fortune, Warren Buffet’s Berkshire Hathaway has been invested in BYD since 2006 and has made roughly $7 billion in profit
Month: August 2022
BMW has started producing the fuel-cell systems for its hydrogen-powered iX5 crossover, moving forward with a climate-friendly alternative fuel that its German rivals don’t expect to be viable in passenger cars. “Hydrogen will become more relevant in individual mobility due to its advantages,” CEO Oliver Zipse said Wednesday at an opening event for the production
What kind of vehicle is the 2023 Dodge Charger? What does it compare to? The 2023 Dodge Charger is a modern muscle sedan with fire-breathing V-8 power and styling that can be over-the-top in SRT trims. It’s short on real rivals, though you might consider everything from a Nissan Maxima to a Cadillac CT5 Blackwing
A group of unhappy Norwegian Tesla owners is attempting to gain the attention of Tesla CEO Elon Musk and the world to voice its discontent with the brand’s quality control. “We are a group of dissatisfied Norwegian Tesla owners,” the group writes on its website. “We believe that if Elon Musk is made aware of
WASHINGTON — Ford Motor Co. and Rivian are urging the federal government to expedite the permitting process for U.S. critical mineral mining projects that support domestic battery production for electric vehicles. In comments submitted Tuesday to the U.S. Department of the Interior, Ford said the permitting process for mining projects that support high-capacity battery manufacturing
The Robert Bosch GmbH logo sits on the exterior of Messe Stuttgart exhibition center as automobiles pass in Stuttgart, Germany, on Monday, July 18, 2016. Michael Nagle | Bloomberg | Getty Images German auto supplier Bosch said Wednesday it will invest more than $200 million to build fuel cells for electric trucks in South Carolina.
Hypercar maker Ariel has offered a glimpse of what can be achieved with batteries and backup engines in the form of the new Hipercar. The small British firm in 2017 announced plans for a high-performance extended-range electric vehicle code-named the Hipercar, one outfitted with a gas-turbine range extender. It seemed to be the trend back
Freiburger and Finnegan meet up with Vice Grip Garage owner Derek Bieri to take a 1968 big-block Dart on a tire-smoking road trip that includes a final run down Memphis International Raceway. Stream Roadkill now on MotorTrend+ ➡️ https://motortrend.app.link/tMVx4lIvBsb #Roadkill #MotorTrend #Dodge MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive
PARIS — China’s Geely Automobile Holdings and an oil group are in talks about taking stakes in the fossil-fuel engine unit that Renault plans to separate from its electric vehicle business, two sources close to the French automaker said. But Renault’s alliance partner, Nissan, does not plan to take a stake in the combustion engine
4:06 AM ET Lewis Hamilton literally put a cap on a verbal spat with Formula One rival Fernando Alonso in a teasing social media post on Tuesday. Alonso, a former team mate and fellow world champion, had branded the Briton an idiot after a first-lap collision at last Sunday’s Belgian Grand Prix. Mercedes’ seven-times world
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Tom Pappert, a longtime Chrysler sales executive who earned a reputation as an outspoken advocate for dealers both during and after his tenure, died Monday in suburban Detroit after a three-year battle with cancer. He was 82. A native of Pittsburgh and a graduate of Duquesne University, Pappert joined Chrysler in 1962 as a trainee
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
In this article TSLA An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Tesla violated workers’ rights when it told employees they couldn’t wear shirts with pro-union insignia at the factory, The National Labor Relations Board ruled in a decision out Monday. The
The Insurance Institute for Highway Safety said many models’ automatic braking systems perform poorly in nighttime tests. The study, released Tuesday, comes amidst climbing traffic deaths in the U.S., with 2021 having the highest number killed on U.S. roads in a single year since 2005. Of the 23 models tested, only four earned a Superior
With no clear indication when the Tesla Roadster will make its market debut, designers have taken it upon themselves to push the Roadster’s formula further. And of course the Roadster’s rocket boosters were going to be key to their creations, although we didn’t expect to see designs where the rockets would be the focal point
A lot has changed since Mercedes’ C-Class debuted nearly three decades ago and the 2022 model year proves that. No longer is this smallish sedan the base model in its brand’s lineup. Now, it’s aimed upmarket with more of a ‘baby S-Class‘ attitude than ever before. We’re driving one for a week. What do you
PRAGUE — Skoda’s Vision 7S concept previews the biggest of three all-electric cars the brand plans to launch by 2026. The seven-seat crossover features a fresh design language and a new brand identity that Skoda said will better help differentiate it from rivals and other Volkswagen Group brands. Unveiling the Vision 7S here on Tuesday, Skoda
What kind of vehicle is the 2023 Genesis G90? What does it compare to? The 2023 Genesis G90 four-door takes the top spot in the South Korean luxury brand’s lineup. The flagship sedan competes with full-size luxury cars such as the Mercedes-Benz S-Class, BMW 7-Series, Lexus LS, and Audi A8. Is the 2023 Genesis G90
A Florida Chevrolet dealer’s repair estimate has gone viral after a Volt owner was quoted almost $30,000 to replace the battery on their ageing hybrid car. A print-out from Roger Dean Chevrolet in Florida listed the price of a new battery on the 70,000-mile 2012 Volt as $26,853.99, to which the dealer wanted to add
Lucid Group Inc. on Monday filed for a new offering of up to $8 billion as the luxury electric-vehicle maker looks to beef up working capital at a time when supply snarls have crimped its production. The company, which has a market capitalization of about $27 billion, halved its production forecast for EVs earlier this
In this article NKLA NKLA LCID 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 Electric vehicle makers Lucid Group and Nikola are moving to raise additional funds, as both companies aim to boost production amid sharply
In a test of real-world usability, Jonny drives the brand new Lucid Air clear across California, from Beverly Hills to San Francisco’s Mission district. Plus — Driving the dynamic, near-1000 horsepower EV on the switchbacks of Angeles Crest Highway. Check out our first drive impressions right here. ➡️ https://bit.ly/3lzGbPJ #Lucid #LucidAir #MotorTrend MotorTrend is the
They say you never forget your first. In this case, my first is a hypercar and it’s a doozy. It boasts an 8.0-liter engine with 16 cylinders and four turbochargers, a price tag of more than four million dollars, and a top speed of 273 mph. Yep, my first hypercar drive is in the 2022
Seven years after Volkswagen’s effort to evade vehicle requirements with rigged software came to light, the automaker has paid an enormous price for landing on the wrong side of the green line — the tally of costs, penalties and fines incurred by the company is well into the tens of billions of dollars. And that’s
By Joey Klender Posted on August 29, 2022 A Tesla Model S Plaid driven by professional electric vehicle driver Blake Fuller recently dismantled the previous EV hot lap record at Sebring Raceway in Highlands County, Florida, which was not close. The all-electric Model S Plaid broke the record by nearly five seconds in one of
Talga Group has waited for more than a decade to go ahead with a graphite mine in Sweden that could supply enough battery material to power two million electric cars a year and reduce the continent’s dependence on China. Yet after some signs of progress, the Australian company is back in administrative limbo on its
Honda Motor Co. is plugging its range of products — from motorcycles to jets — in a major new campaign that points to its future, including investments in electric vehicles and a longer-term vision for reusable space rockets and avatar robots. A new “Forever Determined” ad, which comes from agency-of-record RPA, is the second spot
If you can tell the difference between a house and a store selling gourmet cookies, pat yourself on the back as you’re apparently smarter than some New Jersey drivers. In yet another case of common sense being not so common, KYW News Radio is reporting that a new Crumbl Cookies recently opened in Cherry Hill,
WILMINGTON, Del./SAN FRANCISCO — A California owner of a Tesla Model 3 sued the electric vehicle maker in a proposed class action over cars suddenly stopping for non-existent obstacles, calling it a “frightening and dangerous nightmare,” according to the lawsuit. Tesla has rushed its autonomous driving cars to market with unsafe technology, including its driver
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