Month: October 2022

Demand for electric vehicles helped drive a 4.6 percent rise in Britain’s new-car registrations in September, according to industry data from the Society of Motor Manufacturers and Traders (SMMT). The SMMT said registrations during the month rose to 225,269 units from 215,312 units a year earlier, but still remained 34 percent below pre-pandemic levels. The
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11:09 AM ET The FIA will not release the findings of its audit into Formula One’s 2021 budget cap spending until Monday. Last year’s cap has become the biggest talking point in the sport, with rumours Red Bull and Aston Martin overspent the $140 million limit last year gaining traction in the build-up to the
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Renault CEO Luca de Meo said the business world was bracing for a possible recession, adding that the automaker is strong enough to be able to weather that “storm.” “The world is now very much afraid of a possible recession in the next few months and it is going to be our next challenge,” he
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Oct 4, 2022 Associated Press Ex-Formula 1 boss Bernie Ecclestone faces trial in October next year accused of failing to declare more than £400 million in a trust in Singapore to the U.K. Government. Ecclestone, 91, appeared at Southwark Crown Court on Tuesday charged with a single count of fraud by false representation between July
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By Maria Merano Posted on October 5, 2022 Tesla recently announced that it has 10,000 Superchargers serving owners in Europe.  Tesla has more than 35,000 Superchargers worldwide, offering a recharge of up to 200 miles for around 15 minutes. EV chargers are necessary for the world to transition from fossil-fuel vehicles to all-electric battery-powered cars.
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LineVision, based in Somerville, Massachusetts, provides “electric utilities with the real-time monitoring and analytics needed to accelerate the net zero grid.” Here’s why this company might play a crucial role in helping to upgrade the US grid and global grids to ensure that the electrification revolution is a success. To explain exactly what LineVision does
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PARIS — The Renault 4, a full-electric interpretation of the original iconic model, will debut at the Paris auto show on Oct. 17.  Renault released images of the car’s silhouette and front end on Tuesday. The Renault 4 is expected to be a small crossover or SUV. It will go into production by 2025 as
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A luxury vehicle dealership in the Miami area is suing Porsche for $300 million, alleging the German sports-car maker is withholding inventory because the dealership has not built a new standalone store. The Collection, a multibrand dealership in Coral Gables, Fla., alleges that Porsche is violating the state’s dealer franchise law by restricting the allocation
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BERLIN — Sixt will buy about 100,000 electric vehicles from China’s BYD under a partnership agreement signed by the two companies. Under the first stage of the agreement, Sixt will order several thousand full-electric vehicles from BYD, the first of which will be available to Sixt customers in Europe in the fourth quarter, the German
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