Autos & Transportation recent news

Ford CEO Jim Farley Predicts Rise In Consolidation Of the Electric Vehicles Sector

In the coming years, Jim Farley, CEO of Ford Motor Company, anticipates the automotive industry's continuous shift to electric cars to compel considerable consolidation...

The DeLorean Alpha5 is the start of an exciting future for the reincarnated brand. It will excite even pertolheads, promises

The DeLorean Motor Company will have a new electric vehicle, the Alpha 5, which should reach a top speed of 250 km/h and have...

Egypt Signs Contract with Siemens Mobility to Construct High-Speed Railway Line

Egypt has entered a contract to build a 2000 kilometers high-speed railway with Siemens Mobility’s traffic and rail unit and a consortium of partners....

Stellantis and Samsung Plans Building $2.5Billion EV Battery Plant in Indiana,USA

Global automaker Stellantis and tech giant Samsung recently announced entering into a joint venture to establish a $2.25 billion electric-vehicle battery manufacturing facility in...

Hyundai Motors To Establish $5.54-B Battery, E-Vehicle Plant in the U.S.

Hyundai Motors on Friday announced that it has entered into an agreement with the State of Georgia to create its first dedicated full electrical...

World’s most expensive car: Mercedes persuaded to sell its 300 SLR Uhlenhaut for 135 mil EUR

An extremely rare example of the 1955 Mercedes-Benz 300 SLR Uhlenhaut racing car has sold for 135 million euros (~143 million USD) at a...

Elon Musk Responds To Tesla Being Dropped From S&P 500 ESG Index

Tesla Inc.’s (NASDAQ: TSLA) CEO Elon Musk has replied harshly to reports that the electric car manufacturer had been removed from the broadly followed...

Toyota Forecasts 20% Profit Slump Due to Parts Shortages, Covid Lockdowns

Toyota Motors cautioned that "extraordinary" increases in raw material costs might shave a fifth off full-year earnings, a clear warning that the world's largest...

Rivian Automotive Tanks 21% After Ford Motor Sells Part Of Its Stake In The Start-Up

Rivian Automotive's stock hit rock bottom on Monday after CNBC reported that Ford Motor Company is selling 8 million shares of the electric car...

Ford Motors To Sell 8 Million Shares in Electric Car start-up Rivian

According to CNBC's David Faber, Ford Motor is selling 8 million Rivian Automotive stock, with an insider hold for the formerly high-flying electric car...

Unwrapping The Top 10 Trends That Will Disrupt The Automobile Industry

The “car” has improved tremendously over the years. As the earliest successful attempt at automobile mass production, the Ford Model T was a massive...

Ford Starts Production of Bestselling F-150 Lightning Electric Pickup

The bestselling Ford vehicle in the U.S. for 45 years, the F-150, now comes in an electric model which marks a milestone moment in...

Tesla Goes Big on Lithium Iron Phosphate (LFP) Cells

Last week, as Tesla's prices and profits dominated the news, a potentially significant milestone for the global automobile industry went mostly unnoticed. Approximately 50% of...

The Lucid Air electric sedan will enter the European market in June. It will offer over 1,000 horsepower and a long range

Lucid Motors is profiling itself as a serious competitor to the established Tesla or Porsche with its Taycan model. Looking into its range, it...

The Mercedes has travelled 1,000 km on a single charge. In real traffic, over the Alps

That’s over 626 miles. One of the longest distances traveled by an EV on a single charge. Most electric vehicles on the market today...

Robotaxi based on the ID.Buzz bus should be running in three years. No word yet on whether it will get a steering wheel

Volkswagen's driverless cars are expected to be on the road in 50 cities around the world by 2030. The Group has really big plans...

GM and Honda To Produce Millions of Affordable Electric Vehicles by 2027

Starting in 2027, General Motors and Honda Motor Co will be selling a range of affordable electric vehicles under $30,000 based on a new...

Tesla Delivers 310,048 Electric Cars in First Quarter 2022

Tesla manufactured and delivered fewer electric vehicles than projected due to supply chain challenges and a slow ramp-up at new operations in Texas and...

Lotus Eletre is here! The electric SUV has over 600 horsepower, but keeps weight under wraps

Lotus wants to introduce a rival to the Porsche Taycan and a successor to the Elise within the next couple of years. I'm sure many...

Porsche wants to sell 80% only electric cars by 2030

A few days ago, Porsche presented its annual report, according to which it recorded a leap in sales despite the ongoing pandemic and high...