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Forget Tesla , the real competition in electric vehicles is low-cost Chinese automakers. That’s what Ford CEO Jim Farley recently told Wall Street. He said he has a plan as one such EV maker looks to break into America. BYD — short for Build Your Dreams — could pose a threat to Ford and other

Open Extended Reactions Preseason testing? It’s over. The all-too-brief offseason? A distant memory. The 2023 season? Ancient history. The 2024 Formula One campaign is upon us, with the opening round of the season beginning with Practice 1 on Thursday (6:30 a.m. ET, watch live on ESPNU). Before the cars roll out of pit lane, though,

In this article F TSLA 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Toyota hybrid vehicles for sale at a dealership in Chicago, Feb. 6, 2024. Scott Olson | Getty Images Hybrid vehicles led the 2024 top vehicle rankings released Tuesday by influential product testing organization Consumer Reports. Such “electrified” vehicles, including plug-in hybrid models, represented

Open Extended Reactions Christian Horner should discover the outcome of the Red Bull investigation into allegations of inappropriate behaviour by the end of Wednesday, sources told ESPN. Horner has strenuously denied claims of controlling and inappropriate behaviour made by an employee of his F1 team. – Unlapped: How to listen or watch ESPN’s new F1

Laurence Edmondson, F1 EditorFeb 26, 2024, 10:27 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Max Verstappen and Red Bull appear to be the class of the F1 field again in 2024. Mark Thompson/Getty Images Ferrari may have finished Formula One‘s preseason testing with the fastest time, but

Honor demonstrated how its smartphone eye-tracking technology could be used to control a car. Honor BARCELONA — Chinese firm Honor on Sunday showed off technology that allows a user to control a car just by using their eyes. The company’s Magic 6 Pro device launched internationally on Sunday at the Mobile World Congress in Barcelona,

Laurence Edmondson, F1 EditorFeb 22, 2024, 08:22 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Red Bull team principal Christian Horner said on Thursday he is hopeful an investigation into his conduct by his team’s parent company, Red Bull GmbH, is resolved quickly. Horner has been accused by a member

Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date. CNBC | Evelyn Cheng BEIJING – Chinese smartphone company Xiaomi believes it’s identified a consumer niche that will pay up for its upcoming electric car in a fiercely competitive market. “We

Feb 23, 2024, 04:49 AM ET Open Extended Reactions Formula One’s preseason testing was halted for a second successive day on Friday by a loose drain cover at Bahrain’s Sakhir circuit. The track action resumed after repairs at Turn 11 with the usual lunch break dropped and the session scheduled to run until 7 p.m.

Open Extended Reactions BAHRAIN — Max Verstappen stopped short of predicting a fourth straight Formula One world championship but said Red Bull’s new car has made a step forward from the team’s record breaking 2023 model. Verstappen won a record 18 times last year as Red Bull claimed victory in all but one grand prix.

Open Extended Reactions BAHRAIN — Max Verstappen and his Red Bull team will leave Formula One’s preseason test feeling confident they can sweep all challengers again in 2024. At the end of running on Friday’s final day it was Ferrari’s Charles Leclerc, not Verstappen, top of the order, but all the chatter this week has

In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT Vehicles are seen on a display at a Carvana dealership on February 20, 2023 in Austin, Texas. Brandon Bell | Getty Images Carvana shares surged 30% Friday morning after posting its first-ever annual profit and receiving a pair of upgrades by Wall Street analysts. The

Austin Lindberg, Senior EditorFeb 23, 2024, 12:08 PM ET Open Extended Reactions The Circuit of the Americas’ first sector features an esses section that challenges racers and rewards precision. Brian Cleary/Getty Images Monaco. Indianapolis. Le Mans. Spa. Daytona. There are certain racetracks that are so intertwined with the history of racing that they become as legendary

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) As we gear up for the

Open Extended Reactions BAHRAIN — Max Verstappen’s rivals already know he will be world champion in 2024 according to Fernando Alonso, who said Red Bull’s current superiority perfectly sums up the “brutal” nature of Formula One. Verstappen won a record 18 grand prix victories in 2023 to claim a third straight championship. – Unlapped: How

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Super Duty trucks are seen at the Kentucky Truck assembly plant in Louisville, Kentucky, U.S., April 27, 2023. Joe White | Reuters Ford and a United Auto Workers local union reached a tentative deal on Wednesday to avert a strike at the automaker’s most

Open Extended Reactions BAHRAIN — Carlos Sainz put Ferrari on top of the second day of Formula One testing but there is still a consensus in the paddock that world champions Red Bull are a step ahead of everyone else. The key question is by how much and Thursday did not provide a clear answer,

In this article RIVN LCID Follow your favorite stocksCREATE FREE ACCOUNT A Rivian electric truck sits parked in front of a Rivian service center on August 08, 2023 in South San Francisco, California. Justin Sullivan | Getty Images Shares of electric vehicle makers Rivian and Lucid plummeted Thursday after the companies reported disappointing results and

Laurence Edmondson, F1 EditorFeb 22, 2024, 09:18 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Mercedes driver George Russell has said the opening days of preseason testing suggest rivals Red Bull remain a step ahead of the rest of the Formula One field. Reigning champion Max Verstappen

Mercedes-AMG GT 43 4MATIC+ on display at Brussels Expo on January 9, 2020 in Brussels, Belgium.  Sjoerd Van Der Wal | Getty Images News | Getty Images Mercedes-Benz shares gained around 5% on Thursday morning after the German carmaker beat fourth-quarter earnings expectations and announced a new share buyback program, despite warning of “exceptional” risks

Laurence Edmondson, F1 EditorFeb 21, 2024, 11:21 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions SAKHIR, Bahrain — Max Verstappen finished the opening day of Formula One’s pre-season testing in the same place that he finished last year’s championship — comfortably clear of the rest of the

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Employees of the Tesla Gigafactory Berlin-Brandenburg work on a production line of a Model Y electric vehicle on March 20, 2023. Patrick Pleuil | Picture Alliance | Getty Images Electric vehicle maker Tesla failed to secure a vote among locals in favor of authorizing a

Feb 21, 2024, 09:36 AM ET Open Extended Reactions Formula E boss Jeff Dodds has promised to pay $250,000 to charity if Red Bull’s Max Verstappen fails to win a fourth successive Formula One title this season. Red Bull won 21 of 22 races last year in the most dominant of campaigns, while 26-year-old Dutch

Arc Boat Company’s fully electric Arc Sport model gets four to six hours of typical use on a single charge. Arc Boat Company Arc Boat Company began sales of its second electric boat model in just three years this week. The new $258,000 Arc Sport was designed for wake sports enthusiasts and follows the company’s

Laurence Edmondson, F1 EditorFeb 20, 2024, 09:15 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Imagine if a football team had just three days to do all of its physical and tactical training ahead of a new season. Or if a tennis player was given a new

Ryan McGee, ESPN Senior WriterFeb 19, 2024, 11:19 PM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year Open Extended Reactions DAYTONA BEACH, Florida — They don’t call it the Fair American Race. They do not call it the Satisfying American Race, the

Feb 16, 2024, 09:05 AM ET Open Extended Reactions After Red Bull’s launch on Thursday, all 10 Formula One teams have revealed their new-for-2024 looks. Who will top our livery Power Rankings? Thompson/Getty Images for Red Bull Racing It’s been a whirlwind month of February in Formula One. There was the announcement that Madrid would be

In this article XPEV 9868-HK Follow your favorite stocksCREATE FREE ACCOUNT The Xpeng G9 SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center in Shanghai, April 18, 2023. VCG | Visual China Group | Getty Images Xpeng plans to hire 4,000 new people and invest

Open Extended Reactions Formula One has urged reigning world champions Red Bull to resolve its investigation into team boss Christian Horner as quickly as possible. Horner faces allegations from a Red Bull employee of controlling behaviour and inappropriate text messages. – Unlapped: How to listen or watch ESPN’s new F1 show, episode archive, and more

Laurence Edmondson, F1 EditorFeb 14, 2024, 08:32 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Lewis Hamilton said it was an “emotional” and “surreal” experience to attend his last car launch as a Mercedes driver before moving to Ferrari in 2025. The seven-time champion shocked the racing