BERLIN — Volkswagen Group and Italy’s Enel have formed a joint venture to build 3,000 high-speed charging points across Italy for electric vehicles, investing 100 million euros ($105.38 million) each, VW said. The charging points will be accessible to drivers of cars made by all manufacturers at 500 locations by the end of 2023 and
Month: December 2022
9:17 AM ET Fred Vasseur’s move to Ferrari was the headline item from this week’s Formula One management merry-go-round. There were four moves in under 24 hours. After Jost Capito left his role at Williams on Monday, three followed on Tuesday — Vasseur’s expected move to Ferrari as Mattia Binotto’s replacement, and McLaren’s decision to
Dashcam video from inside an Arkansas State Police cruiser shows the moment when it rammed a fleeing suspects Chevrolet Camaro head-on. The suspect who appears to be getting ready to exit was nearly run over by his own car. Video of the incident indicates that the officer at the wheel of the cruiser tried to
Rivian went public a bit more than a year ago with big plans to take on Tesla and more cash to work with than Elon Musk’s car company. That the former already has gone through about a quarter of the money it debuted with helps explain why the company abruptly called off plans for a
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Corey Williams, plant manager at Ford’s Dearborn Truck Plant and Rouge electric vehicle center, outlines the automaker’s production plans for the F-150 Lightning electric pickup during a facility tour on Dec. 13, 2022. Michael Wayland | CNBC DEARBORN, Mich. — Ford Motor has added a
Self-driving yard truck developer Outrider has developed a system to robotically connect electric and pressurized brake lines to trailers and container chassis. The Golden, Colo., company’s TrailerConnect system uses robotic arms from Yaskawa Electric Corp. and reduces the need for drivers to constantly get in and out of truck cabs to manually make the connections.
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
Spain will focus on producing less-advanced semiconductors used in domestic industry after its ambitions to make cutting-edge microchips have failed to attract investment to date, according to people familiar with the government’s plan. Following losing bids for production facilities to Germany and the U.S. this year, Prime Minister Pedro Sánchez is concentrating Spain’s 12.3-billion-euro ($12.9
11:54 AM ET Williams boss Jost Capito has stepped down as team principal after two years at the helm. The team confirmed his departure on Monday. Technical director François-Xavier Demaison will also leave the team. Capito joined Williams as CEO in December 2020, becoming boss of the Formula One 1 team in July the following
In many cases, car-obsessed nuts like ourselves will often overlook the demands of home furniture but spend hours agonizing over the driver’s seat. A good snug chair in a sportscar can mean the difference between feeling like a well-harnessed racing driver and being tossed around like a loose can of soup in the trunk. Likewise,
About 270 union workers at an Autoneum plant in Bloomsburg, Pa., reached an agreement last week with the Swiss automotive insulation supplier, ending a nearly weeklong strike by Local 1700. Chief among worker complaints was Autoneum’s position that workers pay 5 percent more of their health care costs outside of usual yearly increases. In a
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images DETROIT – General Motors may be transitioning to an all-electric future, but its recent vehicle fleet ranked among the least efficient
SAN DIEGO — To bring new technologies to market faster, electric vehicle battery makers need to manage data in creative ways and consider different business models, industry executives said the Advanced Automotive Battery Conference on Dec. 6 “Companies that are able to build data infrastructure to understand what goes into their products and how they’re
Hot Wheels® comes to Denver! For this event in the mountainous West, hundreds of custom builds—from a velvet-lined 1970s van to a 1954 choptop Chevy—came out, each competing for a chance to become an official 1/64th Hot Wheels®.
The Williams Formula 1 team announced on Monday the departure of its CEO and Team Principal, Jost Capito. The motorsports veteran and brains behind Ford’s original Focus RS and F-150 Raptor only joined Williams at the end of 2020, having postponed retirement plans to join the squad following its sale to U.S. investment firm Dorilton
Swedish freight technology company Einride announced it has secured $500 million in financing, which should help it bring its updated self-driving electric truck to market as part of its freight mobility ecosystem. The financing, which includes a debt facility of $300 million and a Series C equity contribution of $200 million, is the largest asset-backed facility
Mercedes-Benz and Rivian are putting on hold a planned collaboration to build electric vans in Europe that was signed just three months ago, the two companies said, as the U.S.-based electric-vehicle maker focuses on its domestic business. Mercedes-Benz Vans and Rivian in September signed a memorandum of understanding for a joint venture to produce two
9:24 AM ET Associated Press Tony Stewart‘s Superstar Racing Experience is moving to ESPN and a new night as the network plans to use the all-star summer racing series to revitalize its “Thursday Night Thunder.” ESPN said Monday it signed a multiyear agreement with Superstar Racing Experience that begins in July. SRX will air on
First responders have been lucky to escape injury after a large truck crashed and fell from a highway onto the scene of a previous accident. Dramatic footage shared to social media shows an SUV and a rolled semi-truck blocking the road near the Highway 14 / 5 Freeway interchange in Santa Clarita, California. This first
Stellantis is looking to solar power to help cut its carbon footprint. The automaker said it has made a clean energy commitment to add 400 megawatts of new solar projects in Michigan through DTE Energy’s MIGreenPower voluntary renewable energy program. DTE is a Detroit-based energy company. The move by Stellantis is the second-largest renewable energy
In this article RIVN MBG-DE MBG-FF Follow your favorite stocksCREATE FREE ACCOUNT An Amazon Rivian electric delivery van at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Rivian said Monday it was pausing plans to manufacture electric commercial vans in Europe and
By Johnna Crider Posted on December 11, 2022 Tesla has begun providing free transportation to and from Gigafactory, Texas, for workers living in Killeen, Texas. This saves employees from having to spend a fortune on gas for the long commute. Killeen is 150 miles away from the factory. The buses will either be air-conditioned or
The 2022 Lexus GX 460 is a unique SUV among its peers. That’s mostly due to the fact that this second generation was introduced all the way back in 2009, first in China, and the following year in North America, being closely related to the Toyota 4Runner as well as the global-market Toyota Land Cruiser
PRAGUE — Volkswagen Group is postponing its decision on where to locate a planned gigafactory for electric car batteries in eastern Europe beyond 2022. VW pointed to the current economic environment in announcing the decision on Thursday. “Volkswagen AG and its battery company PowerCo are continuously evaluating suitable sites for their next gigafactory in Europe,”
If you ever have the opportunity to travel to Richland, Washington, you may stumble across a Ford Fiesta that is truly unlike any other. This bizarre Ford Fiesta appears to have been roaming the streets of Washington for over 8 years when images of it first surfaced on Reddit. More recently, it was also snapped
The 2022 Ferrari F8 Spider reaches 60 mph from a stop in just 2.9 seconds — no surprise for a storied sports car. Still, the more than $300,000 Ferrari would barely beat the 9,000-pound GMC Hummer EV pickup in a drag race. The massive electric truck hits the same speed only a couple tenths of
Despite widespread electric vehicle buzz, studies show most Americans have never been EV passengers, let alone drivers. Their most likely first experience? A rental car, said Gregory Scott, spokesperson for the American Car Rental Association. Car rental companies are committing to sustainable mobility, Scott said. It’s an important statement, as the American Car Rental Association’s
Ultimate Adventure is back with Full Length Episodes. Will the 2 IFS Toyota’s make it to the end? How long until our full-bodied trucks have battle scars? What show will Tiger put on in the Quigley van? Follow along as we take 26 rigs through some of the best trails, roads and landmarks the South
A water-cooled Porsche 911 was once unimaginable, but the automaker has now been making them for 25 years. Porsche started introducing water-cooled road cars in the 1980s in the form of the 924, 944, and 928. Yet the automaker’s flagship 911 continued with water cooling, which was considered an important part of its identity. Porsche
Skoda may exit China amid intense competition from local brands in the world’s biggest market. “We will look together with our Chinese joint venture partner at how we want to continue there,” Skoda CEO Klaus Zellmer told Automotive News Europe sister publication Automobilwoche. Skoda’s withdrawal from China would allow parent Volkswagen Group to concentrate its
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