In this article EVGO Follow your favorite stocksCREATE FREE ACCOUNT A view of an EVgo EV charging station on July 28, 2023 in Corte Madera, California. Justin Sullivan | Getty Images EV charging network operator EVgo on Wednesday reported second-quarter revenue that beat Wall Street’s expectations and posted a narrower-than-expected loss, as more EV drivers used its
Month: August 2023
The Fremantle Highway, the car carrier ship that caught fire off the Dutch coast last week, could generate a cargo loss of more than $330 million, said Patrick Anderson, an economist with Anderson Economic Group. “It does appear after multiple days of fire that it is likely that all of the cars are a total
Tesla and Rivian are heading to court over the former claiming the latter stole “trade secrets” through former Tesla employees it hired. They weren’t able to resolve this out of court; now it looks like it will be heading to trial. In 2020, Tesla filed a lawsuit against Rivian over allegedly stealing trade secrets by hiring former
An off-roading icon is returning for a new era. On Tuesday, the 2024 Toyota Land Cruiser debuted with a turbocharged hybrid powertrain, a smaller footprint, a lower price, and a retro design. When it arrives in the U.S. in the spring of 2024, it will start from the mid-$50,000 range, according to Toyota. The last
Lithia Motors Inc. continued its summer acquisition spree with the purchase of a Honda store in Texas. The auto retail giant on Monday bought Hill Country Honda in San Antonio from Rene Isip, Lithia Vice President of Strategic Operations Tom Dobry confirmed to Automotive News in an email. It marks Lithia’s first dealership in San
In this article RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT Ferrari Original Factory Entrance Courtesy: Ferrari Ferrari on Wednesday said that its second-quarter profit jumped 33% from a year ago as more of its customers chose costly “personalization” options for their new sports cars. Ferrari also raised its guidance for the full year following the
China’s top electric-vehicle makers posted better-than-expected July sales as the government attempts to boost auto demand to help revive a flagging economic recovery. Way out front was BYD, China’s top-selling automaker, which delivered 262,161 new-energy vehicles last month, up 61 percent from a year earlier. Xpeng, which last week signed a deal to produce EVs
Cadillac CT5-V Blackwing Gets T-Boned Because Valet Can’t Resist A Joyride | Carscoops Blackwing’s cameras recorded the valet’s illegal U-turn that led to some major door and rear quarter panel damage https://www.carscoops.com/author/chris-chilton-cc/ by Chris Chilton August 1, 2023 at 19:08 It doesn’t matter whether your car is a $500 beater or a brand new $500,000
Automobili Pininfarina has unveiled a brand-new design concept called Pura Vision, which is said to introduce a “pioneering new era of electric luxury.” Described as a so-called electric Luxury Utility Vehicle (e-LUV), the Pura Vision will inspire the next generation of pure electric luxury vehicles from Automobili Pininfarina. The new design study will make its
Those of us of a certain age may think we’re important to consumer-facing businesses. It’s not as much as you might assume. We matter, of course, and spend money that advertisers want. The reality is, however, that younger adults are often the preferred target because they have far more spending power ahead of them than
DETROIT — The UAW plans to demand from the Detroit 3 what union President Shawn Fain called the “most audacious and ambitious” set of proposals in decades, including double-digit wage gains, restoration of pensions and better benefits for retirees. In a Facebook Live stream Tuesday evening, Fain shared with viewers what he called “the members’
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla car dealership in Austin, Texas, May 31, 2023. Brandon Bell | Getty Images The National Highway Traffic Safety Administration has opened a new investigation into Tesla over steering control problems and loss of power steering in 2023 Model 3 sedan and Model Y
Stellantis plans to start producing its first flex-hybrid vehicles powered by ethanol and electricity in Brazil by 2024, in an effort to come out ahead in the competition for the EV market in Latin America’s largest economy. Stellantis has three prototypes combining electric with ethanol engines and one purely electric, according to Antonio Filosa, the
Ryan McGee, ESPN Senior WriterAug 1, 2023, 08:34 AM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year To celebrate NASCAR’s 75th anniversary, we’re detailing our 75 favorite things about the pinnacle of stock car racing. Illustration by ESPN We are closing in on
Louisiana Police Remind Drivers That The Carolina Squat Is Illegal | Carscoops Multiple states across the nation have banned the practice and the Pelican state’s police officers are reminding drivers to avoid it too 2 hours ago The ‘Carolina Squat’ modification where the front half of a car is much higher than the rear half
Hydrogen is poised to become the next-generation energy source for hard-to-decarbonize industries. But first it will have to come clean. In theory, it is energy dense and free of greenhouse gas emissions when used as fuel, but the most common production methods are carbon-intensive. And while the federal government is trying to boost cleaner hydrogen
By Simon Alvarez Posted on July 31, 2023 Customers in Canada who have ordered a Tesla may soon get their vehicles delivered soon. As per a recently shared video online, a massive fleet of imported Teslas has been sighted at a port in Vancouver, Canada. The footage of the Tesla fleet was initially shared on
Mercedes-Benz launched its EQE SUV for 2023 and for 2024 the electric mid-size SUV gains an AMG performance flagship model. Mercedes on Tuesday said the 2024 AMG EQE SUV is currently available at dealerships with a starting price of $110,450. That’s for the standard model. A better equipped Pinnacle model starts at $113,750. Both figures
TOKYO — Toyota Motor Corp. nearly doubled its operating profit in the latest quarter, as the world’s biggest automaker ramped up supply on free-flowing semiconductor shipments and shifted sales into high gear in major markets, led by Japan. In the latest three-month period, from April to June, Toyota’s operating profit soared to 1.12 trillion yen
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Stocks rise on growth Stick with Meta Watch Ford earnings 1. Stocks rise on economic growth U.S. stocks climbed higher Thursday on the back of solid economic data and upbeat
Aston Martin plans to raise £210 million ($270 million) by selling new shares as the British luxury-car maker looks to pay back high-interest debt and raise funds for its electrification strategy. Major shareholders including Chairman Lawrence Stroll’s Yew Tree consortium, Saudi Arabia’s Public Investment Fund, Geely International and Mercedes-Benz Group have agreed to subscribe to
Electric Toyota Land Cruiser Sets World Record For Longest Underwater Drive | Carscoops A 1978 Toyota Land Cruiser dubbed the Mudcrab has driven 4.3 miles across Darwin Harbor in Australia, breaking distance and depth records for underwater driving, the team behind the feat claims July 31, 2023 at 20:21 A team of Australians driving an
Thirty miles north of General Motors’ headquarters in Detroit, hundreds of engineers are developing a zero-emission alternative to battery-electric vehicles: hydrogen fuel cells. They coat ink onto carbon paper and produce miles of seals that separate air, water and coolant. They build small-scale electrodes to test chemistries designed to create electricity from hydrogen with water
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