Volkswagen cuts electric car production due to ‘customer reluctance’
Volkswagen has cut production of electric vehicles at its Emden plant in northwestern Germany, and the adjustment has been linked to "customer reluctance", with sales of electric vehicles falling short of expectations. "Demand for electric vehicles is about 30% below Volkswagen's forecast," Emden plant manager Manfred Wolff said in a statement, EV news site Teslati reported.“We are seeing strong...
Lowrider cars: discover the art of driving low and slow
Lowrider History: The Beginning of the Rebellion Like all forms of self-expression, Lowrider's roots are in rebellion, a raw fist against the established status quo.According to one obscure explanation, this phenomenon is tracked as follows. Arrival of Mexican immigrants In...
Lamborghini joins Goodwood Festival of Speed 2023: Global premiere of LMDh prototype racing car
Automobili Lamborghini celebrates its 60th anniversary with the new Lamborghini Rebuerto and Huracán Stellato 'up the hill'Automobili Lamborghini will unveil its new LMDh racing prototype at this year's Goodwood Festival of Speed. The new car will compete in some of the world's most important endurance races, including the Hypercar class of the 2024 FIA World Endurance Championship, including the...
2023 Ford Maverick Hybrid Pickup Just Got More Expensive
of ford maverick The standard hybrid powertrain is no longer included. Ford announced Wednesday that the 2.0-liter EcoBoost will replace the base engine, with the hybrid now carrying a $1,500 premium. ford authority. That's a big loss on paper, but in the real world, it would be impossible to find a basic Maverick hybrid without at least a $1500...
Construction resumes at Stellantis EV battery factory
Built at $3.7 billion Electric car battery factory jointly owned by Stellantis and LG Energy Solution The automaker announced on July 5 that it had resumed NextStar Energy, the name of the Windsor, Ontario joint venture, entered into a binding agreement with the federal government to guarantee the production of battery cells and modules at the facility. In a statement, Sterantis...
Toyota could share next-gen EV tech with partners to battle Tesla
TOKYO -- Toyota's overhaul of its electric vehicles will have many ripple effects beyond society. Next-generation Toyota to battle Tesla Full-scale operation will begin in 2026. The groundbreaking manufacturing process will also be applied to factories that build more conventional vehicles. on the other hand, New all-electric platform Designed from the ground up, it could also be shared with partner...
Maruti Invict Launch: Maruti Suzuki Enters Rs 2 Million+ Segment with Premium MPV, Price and Features Checked
New Delhi, 5th July: Maruti Suzuki India (MSI) on Wednesday launched the new Invict with an introductory price of Rs. The company has launched the Invicto in three variants of his and expects the model...
Podcast: Fifth Third Rebound, ‘Weekly Wrap’ on EV Funding
Market turmoil continued last week, with Fifth Third pulling out of the indirect car business in western states, falling EV prices and rising negative capital on used-car loans. Fifth Third is retreating Indirect Lending in Western States When trading volumes are low, a company spokesperson confirmed: auto finance news. Local banks are reviewing their indirect auto strategies, Citizen Financial exits...
NASCAR executives praise ‘remarkable’ success of Chicago street race
The second division, the Xfinity Series and the Cup Series, were both raced on a 3.2-mile, 12-turn course through Grant Park in downtown Chicago, but the biggest hurdle NASCAR faced was ultimately battling the weather. became. New to NASCAR Shane van Gisbergen takes dramatic win in Cup debut at Sunday's race. The participation of the...
BYD Launches Most Direct Tesla Competitor To Date
BYD Vice President Yang Dongsheng speaks at the Denza N7 electric SUV launch event in Beijing on July 3, 2023.Bloomberg | Bloomberg | Getty ImagesBeijing — China's electric car giant BYD launches its most direct competitor to date, a new electric SUV. Tesla■ Model Y.BYD's Denza brand announced on Monday night that it has received more...
