Month: February 2023

12:45 PM ET Mercedes have started contract extension talks with seven-times Formula One world champion Lewis Hamilton and age will not be a factor in the negotiations, team boss Toto Wolff said on Wednesday. Hamilton, winner of a record 103 grands prix, turned 38 in January and will be starting his 11th season at Mercedes
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Legacy automakers launched exciting new electric vehicles last year, including the Ford F-150 Lightning and Kia EV6, but they barely dented Tesla’s outsized market share as battery-electric vehicles surged to 5.6 percent of U.S. light-vehicle registrations from 3.1 percent a year earlier. New EV registrations numbered 756,534 in 2022, for a 57 percent increase, Experian
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9:43 AM ET Associated Press INDIANAPOLIS — Tony Kanaan, the 2013 Indianapolis 500 champ, said Wednesday he will compete in IndyCar’s biggest race this May before retiring again. The 48-year-old from Brazil made the announcement on Twitter. 🇧🇷Tem sido uma jornada maravilhosa, mas ainda não acabou. Espero vcs para a última em Maio.•🇺🇸 Let’s do
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DETROIT — Cadillac will reveal three more electric vehicles this year that should enter production in 2024, the luxury brand’s top executive said Wednesday. Rory Harvey, vice president of global Cadillac, declined to share specific details about the vehicles or their segments during a briefing with reporters. He said they would be manufactured in “multiple
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In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley pats a Ford F-150 Lightning truck before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan,
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A patent filing hints that Stellantis may be the next automaker to adopt a rear-wheel-steering system. Several automakers already offer rear-wheel steering on a variety of vehicles, but Stellantis’ patent application, published in April 2022 by the United States Patent and Trademark Office (USPTO), claims improvements over current systems. Stellantis rear-wheel steering system patent image
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8:12 AM ET Associated Press DAYTONA BEACH, Fla. — Alex Bowman has a new contract as he chases his first Daytona 500 victory. Bowman received a three-year extension from Hendrick Motorsports on Wednesday that will keep the driver – who missed five races last season with a concussion – with the team through the 2026
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Commenting on his competitors’ slower move to electric vehicles, Volvo Cars’ new chief Jim Rowan said it’s a bad idea to tiptoe toward an electric future while continuing to develop combustion engine models. Hedging bets by investing in internal combustion engine and battery-electric vehicles “risks missing the market,” Rowan said on an earnings call last
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Ford Motor Co. temporarily halted production and shipments of its F-150 Lightning electric pickup over a potential battery issue, the company confirmed Tuesday. The automaker did not disclose the details of the potential issue, although spokeswoman Emma Bergg said an investigation is underway after a vehicle displayed a possible problem as part of the company’s
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