2:13 AM ET Oscar Piastri’s motorsport rise continues with confirmation the young Australian will be a reserve driver for the Alpine Formula One team in 2022. The 2020 Formula 3 world champion is on course to back up that success in the Formula 2 championship this year, leading the series with three wins and seven
News
In this article TSLA Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. year. Patrick Pleul | picture alliance | picture alliance | Getty Images Tesla will spend over $1 billion on a new vehicle factory in Austin, Texas, and aims to complete construction of several major elements
7:23 AM ET Associated Press MANDALIKA, Indonesia — The final Superbike World Championship round on the Indonesian tourist island of Lombok drew tens of thousands of fans Sunday, the biggest crowd for any event in the country since the start of the coronavirus pandemic, as Toprak Razgatlioglu became the first-ever Turkish rider to win the
Many people expect electric vehicles to be fixtures in a future world that relies on renewable energy. But not many EV companies started out as renewable energy companies. One company trying to pull off that feat is Bangkok-based Energy Absolute. The biodiesel producer and renewable energy company branched into the commercial EV business in 2019.
5:08 AM ET LUSAIL, Qatar – Momentum is a fickle force at this stage of a Formula One world championship. Rewind two weeks to the Monday after the Mexican Grand Prix and momentum promised to carry Max Verstappen to his first F1 title. Return to the present day, and it has swung behind Lewis Hamilton
In this article TSLA The logo marks the showroom and service center for the US automotive and energy company Tesla in Amsterdam on October 23, 2019. John Thys | AFP | Getty Images Tesla has hired David Misler as a new managing counsel, according to his LinkedIn profile. Misler is a former trial attorney for the
8:11 AM ET Back-to-back victories for Lewis Hamilton have completely changed the feel around his championship battle with Max Verstappen. Just two races ago after a dominant win at the Mexican Grand Prix, Verstappen looked like he was cruising to the championship., so much so it seemed like he might even have a chance to
In this article TSLA Tesla Motors CEO Elon Musk speaks to the media next to its Model S. Nora Tam | South China Morning Post | Getty Images Tesla CEO Elon Musk has said the company’s Model S Plaid vehicle may be launched in China early next spring. Responding to a question on Twitter late
2:20 PM ET Max Verstappen said he was not surprised to be handed a grid penalty at the Qatar Grand Prix as he “never gets presents” from F1’s race stewards. Verstappen qualified second in Qatar but dropped five places down the grid for failing to slow for yellow flags at the end of qualifying. Verstappen
President Joe Biden speaks during a visit to the General Motors Factory ZERO electric vehicle assembly plant, Wednesday, Nov. 17, 2021, in Detroit. Evan Vucci | AP DETROIT – Now that President Joe Biden‘s $1 trillion infrastructure bill is law, Democrats are setting their sights on his Build Back Better Act to further advance the
8:21 AM ET Seven-times Formula One world champion Lewis Hamilton has said he will wear his rainbow-coloured Progress Pride helmet at next month’s Saudi Arabian Grand Prix as well as in Qatar this weekend to draw attention to LGBTQ+ intolerance. The sport’s most successful driver explained his stance after taking pole position for Mercedes in
The sign is seen outside of the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis on January 19, 2021 in Auburn Hills, Michigan. – Newly-created European carmaker Stellantis motored its way January 18, 2021 onto the Paris and Milan stock exchanges. Stellantis — created by the merger of France’s PSA
2:37 PM ET LUSAIL, Qatar — Toto Wolff says Red Bull is seeing “ghosts” after rival team principal Christian Horner claimed scuff marks on the rear wing of the Mercedes were linked to flexing bodywork. On Friday, Red Bull circulated images to TV broadcasters of scuff marks on the rear wing endplate under the main
Transportation is usually one of the bigger budget items for every household. Which state you live in will play a big part in how much you are paying to get around, according to a study by Bankrate. The worst states for drivers are places that are expensive and have long commutes, said Sarah Foster, an
8:22 AM ET Associated Press CHARLOTTE, N.C. — Seven-time NASCAR champion Jimmie Johnson will represent the United States in the upcoming international Race of Champions, an event he won with Jeff Gordon in 2002. Johnson will compete in the event scheduled Feb. 4-6 in Pite Havsbad, Sweden for the “Champion of Champions” title in the
In this article RIVN F RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian. Source: Ford Motor Co. DETROIT – Ford Motor and Rivian no longer plan to co-develop an electric vehicle, the companies confirmed Friday. The two companies initially announced development of a
10:42 AM ET LUSAIL, Qatar — Formula One’s title battle spilled off the track and into the news conference room on Friday at the Qatar Grand Prix, as rival team principals Toto Wolff (Mercedes) and Christian Horner (Red Bull) were pitched against each other in a war of words ahead of this weekend’s race. The
In this article TSLA SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Tesla CEO Elon Musk is known for his spontaneous mass communication, from rants on Twitter to “everybody” e-mails he sends to
7:33 AM ET The FIA has denied Mercedes’ request for a review of the incident between Max Verstappen and Lewis Hamilton at the Brazilian Grand Prix last week. While defending the lead from Hamilton late in the race, Verstappen appeared to force the Mercedes driver wide. The stewards did not investigate the incident and Hamilton
In this article 9868-HK GUANGZHOU, China — Xpeng unveiled a new electric sports utility vehicle Friday as competition in China’s new energy vehicle market continues to intensify. The G9 is Xpeng’s fourth production model. The company plans to launch the car in China in the third quarter of 2022, a person familiar with the matter
10:02 AM ET LOSAIL, Qatar — Max Verstappen is convinced he did nothing wrong in defending the lead of the Sao Paulo Grand Prix against title rival Lewis Hamilton last weekend, saying he would pull the same move again in a similar situation. The incident, which saw both drivers end up in the run-off area
In this article F TSLA Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters Ford Motor plans to increase its production capacity of electric vehicles to 600,000 units globally by 2023, which CEO Jim Farley expects would make the company the second-largest
9:32 AM ET Saudi Arabian Formula One Grand Prix organisers have said they can be proud of their record on construction safety and worker rights as they prepare for the new Jeddah street circuit for a looming December debut. Neighbouring Qatar, which hosts F1 for the first time this weekend, has been accused of exploiting
In this article 1238-SZ WeRide has partnered with Guangzhou Automobile Group (GAC Group) to launch robotaxis on the Ontime ride-hailing app. The companies plan to make the driverless taxis available to the public by 2022. WeRide GUANGZHOU, China — Chinese autonomous driving start-up WeRide has partnered with major automaker Guangzhou Automobile Group (GAC Group) to
1:25 PM ET Formula One stewards will hear Mercedes’ representatives on Thursday to decide whether to grant their request for a review of the Sao Paulo Grand Prix incident between title contenders Lewis Hamilton and Max Verstappen. Mercedes asked for a review on Tuesday on grounds that significant new evidence had emerged since last Sunday’s
DETROIT – General Motors is steadily approaching a $100 billion market valuation after shares of the automaker reached a record high on Wednesday. GM’s gains come as shares of newly public electric vehicle start-ups Rivian and Lucid Group, which briefly surpassed GM in market cap Wednesday, lost steam following extraordinary double-digit runups in the past
7:12 AM ET Following the Sao Paulo Grand Prix, Mercedes team principal Toto Wolff likened his team’s race weekend to being punched multiple times in the face. He said he was “angry” that decisions by the FIA stewards had consistently swung against his team and went on to say that, from his perspective, the time
In this article LCID Lucid Motors CEO Peter Rawlinson told CNBC’s Jim Cramer on Tuesday that the start-up has plans to build factories outside the U.S. The California-based electric vehicle maker’s flagship facility is in Casa Grande, Arizona, where the company started commercial production in September. Initial deliveries of the “Dream Edition” of Lucid’s Air
11:19 AM ET Mercedes has written to motorsport’s governing body, the FIA, to request a review of the incident between Max Verstappen and Lewis Hamilton on lap 48 of the Sao Paulo Grand Prix, which was not investigated by the stewards at the time. Verstappen and Hamilton ended up off the track while fighting for
Ty Wright | Bloomberg | Getty Images If you’re nearing the end of your car lease, don’t assume another one is your best option this time around. While many consumers go from lease to lease — which puts them in a new vehicle every few years — the pandemic has upended the auto industry. This