With the EV market cooling, hybrids are the hot ticket – and even hypercar brand Bugatti is getting into the game. For just $4 million you can drive off with the new, 1,800-horsepower Bugatti Tourbillion, the first new product from the French automaker since it was taken over by Croatia’s Rimac.
The auto industry is in the midst of the most unsettling shake-up its seen in more than a century and that’s likely force radical change in not only what products manufacturers bring to market but how and where they sell them. For one thing, Detroit automakers should consider pulling out of China, said Bank of America analyst John Murphy as part of his annual “Car Wars” study.
Today’s cars are designed to pair up with personal devices, such as smartphones, typically through Apple CarPlay and Android Auto. But some automakers, notably General Motors, are dropping those features in favor of “native,” or built-in, systems. They do so at their own peril, according to a new survey showing a third of new vehicle buyers won’t buy such vehicles.
For the second time in less than a dozen years, entrepreneur Henrik Fisker’s effort at launching an automotive start-up has plunged into bankruptcy. Start-up Fisker Inc. filed for Chapter 11 protection late Monday. While the one-time auto designer said the filing leaves a “viable path forward,” the options for saving the company appear increasingly sparse.
Tesla’s Cybertruck has gotten off to a rocky start since it finally started deliveries last November, two years late. And now, a new problem with its huge windshield wipers has forced the automaker to put deliveries of the all-electric truck on hold until it can figure out a solution.
With gas prices averaging just under $3.50 a gallon, Americans are frustrated. They believe prices are too high and while that might lead you to believe they’re going to turn to electric vehicles in larger numbers, you’d be wrong. Find out more at Headlight.News.
Jeep will introduce a $25,000 EV in 2027, officials from parent Stellantis confirmed on Thursday. CEO Carlos Tavares – who first dropped hints about the affordable offering last month – added a number of other details during a meeting with investors.
Stellantis faces challenges and has lost ground in the U.S. CEO Carlos Tavares acknowledged during Thursday’s “Investors Day” conference, putting some of the blame on his own shoulders. But the carmaker’s flexible strategy and new products offer hope for the future and protect the company’s profitability, he promised analysts and shareholders.
A little-known Japanese hypercar company has set a new world record for fastest EV, its Aspark SP600 topping 270 mph during a run down a special track in Germany. It handily topped the prior record set by the Rimac Nevera.
Volvo is recalling nearly 72,000 EX30 SUVs because of a software problem that can glitch the EV’s speedometer. It’s the second software problem that has plagued the new battery-electric vehicle. But motorists may not even know there’s a problem unless they read the mandatory recall notice sent under federal guidelines.
In years past, Donald Trump has declared he is “all for” EVs, but you’d have a hard time believing it based on the claims made during a weekend campaign rally. Declaring battery power a “hoax,” the presumptive GOP nominee for president insisted there are “no chargers,” and that EVs are so heavy they’d destroy every bridge in the country. He also warned during a stop in Las Vegas that electric boats can’t float, among other problems.
A growing number of investors have announced they will vote against the $56 billion pay package Tesla’s board of directors wants to give CEO Elon Musk – though the South African-born executive insists he has lined up enough support for the proposals approval during a shareholder’s meeting this week. What happens if the plan is rejected? Musk already has fired a warning shot.