Month: March 2023

Tesla’s Cybertruck will have limited appeal and most likely be a “enthusiast/cult car” rather than serious competition to the Ford F-150 and other legacy pickups, concludes a Morgan Stanley analyst who is generally bullish on Tesla. “We regularly speak with clients who believe Tesla may sell hundreds of thousands of Cybertrucks annually,” said analyst Adam
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Lion Electric ($LEV) has officially crossed 10 million miles driven, according to the commercial EV manufacturer’s fourth-quarter earnings released Friday. The electric bus, truck, and school bus maker doubled revenue in a record quarter as its total EVs on the road approached 1,000. Lion surpasses 10 million electric miles driven The Quebec-based medium and heavy-duty
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A consortium of some of the world’s biggest automakers is investing in a holographic head-up display technology startup. Hyundai Mobis, the parts and service affiilate of South Korean automaker Hyundai Motor Co., led a $50 million series C funding round valuing the United Kingdom’s Envisics at $500 million. Envisics develops augmented reality head-up displays or
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BMW Group has appointed a new chief financial officer as the German premium automaker spends billions of euros on the shift toward electric cars. Walter Mertl, 49, will succeed Nicolas Peter, 60, who is stepping down after reaching the company’s usual age limit for executive board members. The change takes affect in May. Mertl has
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6:43 PM ET Associated Press Jenson Button will make his NASCAR debut later this month at Circuit of the Americas, the first of three Cup Series races scheduled for the former Formula One world champion. Button puts two former F1 champions in the field for the March 26 race on the permanent road course in
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Tesla Inc. didn’t put on a splashy product show at its highly anticipated Investor Day earlier this month. There were no fresh details about its upcoming Cybertruck, no news on updates to the Model 3 sedan or Model Y crossover and no sneak peek at a coming mainstream model that’s expected to kick off a
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Two analytics companies are joining forces to try to provide a real-time look into electric vehicle battery behavior and increase production speed. The partnership announced Thursday is between PDF Solutions and Voltaiq. PDF Solutions is based in Santa Clara, Calif., and collects data during manufacturing, performs analytics and employs machine learning for semiconductor companies. Voltaiq
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In this article RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT 1962 Ferrari 250 GT SWB California Spider Courtesy of Gooding & Company, Images by Mathieu Heurtault. Wealthy car collectors spent a record amount at the classic-car auctions at Amelia Island over the weekend, suggesting the market remains strong despite recession fears and falling stocks. Total
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9:02 AM ET Chase Elliott broke his leg snowboarding last week, keeping him out of Sunday’s Pennzoil 400 in Las Vegas. Sean Gardner/Getty Images People are going to be people. Racers are going to be racers. Chase Elliott? He was doing nothing more than being Chase Elliott. That’s how the 2020 NASCAR Cup Series champ broke
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Mercedes-Benz has unveiled a digital-focused store redesign aimed at dialing down the high-pressure, transactional experience that has defined auto retail. The luxury automaker is also experimenting with alternative formats, including small-footprint showrooms in retail centers and service-only sites. Automakers are giving their retail strategies a rethink in response to the emergence of online car-shopping and
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Bill and team go big with an antique ’53 tanker and bring it into the modern age! MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive research and news. #motortrend #texasmetal Get a fast, simple, and free car quote today ➡️ https://quotes.motortrend.com Start your MotorTrend Streaming Free Trial today! https://www.motortrendondemand.com/freetrial Follow
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3:30 PM ET Associated Press Meyer Shank Racing has fired the technical director for its sports car team after IMSA ruled Wednesday the team manipulated tire pressure data while winning the season-opening Rolex 24 at Daytona. IMSA said that Honda Performance Development self-reported the manipulation after the results of the January race were official. IMSA
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Mock Ford Explorer ‘Men’s Only’ Edition Reminds Us How Many Innovations Came From Women | Carscoops Ford creates imaginary SUV without navigation, turns signals, heater and brake lights to celebrate International Women’s Day and Women’s History Month by Chris Chilton 11 hours ago by Chris Chilton From Henry Ford to Elon Musk, it’s always men
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YOKOHAMA, Japan — In a push to sell less-costly, better-performing electrified vehicles, Nissan is planning a next-generation electric powertrain lineup that will debut in 2026. The new technology will enable Nissan to achieve price parity between its internal-combustion offerings and its e-Power hybrid offerings in 2026 and its full-electric and gasoline-burning vehicles in 2030, executives
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ZF Group is rolling out its first pure software product, as the world’s third-largest parts supplier looks to establish itself as a major player in the fast-growing market for automotive software. The product, called CubiX, controls all of a vehicle’s chassis functions, including braking, front- and rear-axle steering, active roll stabilization and electric drive. By
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