Autos

Porsche increases EV targets, confirms 911 hybrid sports car
Business

Porsche increases EV targets, confirms 911 hybrid sports car

The all-electric Porsche Taycan Turbo. Source: Porsche AG DETROIT – As the all-electric Porsche Taycan sedan outsells the German carmaker’s iconic 911 sports car, the company is increasing its EV sales targets. It also plans to roll out a hybrid version of the 911. Porsche on Friday announced it expects 80% of its global sales […]

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Maserati unveils all-electric plan, starting with a new 1,200-horsepower GranTurismo
Business

Maserati unveils all-electric plan, starting with a new 1,200-horsepower GranTurismo

The new GranTurismo Folgore will be the first car in Maserati history Maserati DETROIT — Luxury auto brand Maserati plans to offer electric versions of its entire lineup by 2025, starting next year with a new GranTurismo EV featuring more than 1,200 horsepower, the company said Thursday. The GranTurismo “Folgore” will be the first all-electric […]

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Audi expects ‘tremendous interference’ to global supply chain due to Russian-Ukraine war
Business

Audi expects ‘tremendous interference’ to global supply chain due to Russian-Ukraine war

DETROIT – Audi expects the war in Ukraine to cause “tremendous interference” to the global supply chain, an executive with the German luxury brand said Thursday. The comments come as automakers globally, including Audi and its Volkswagen parent company, attempt to maintain supply chains of crucial parts such as semiconductor chips and wire harnesses that […]

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Tesla fired an employee after he posted driverless tech reviews on YouTube
Technology

Tesla fired an employee after he posted driverless tech reviews on YouTube

John Bernal, the creator of AI Addict on YouTube. Courtesy: AI Addict Tesla has fired a former Autopilot employee named John Bernal after he shared candid video reviews on his YouTube channel, AI Addict, showing how the company’s Full Self Driving Beta system worked in different locations around Silicon Valley. Following Bernal’s dismissal, Tesla also […]

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Chinese EV maker XPeng leads investment in 0 million fund focused on ‘frontier technology’
Technology

Chinese EV maker XPeng leads investment in $200 million fund focused on ‘frontier technology’

A new Xpeng P7 car is shown in the Xpeng Motors flagship store in a shopping mall. Xpeng P7 is one of the two popular models of Xpeng motors. Zhang Peng | LightRocket | Getty Images China’s XPeng said Thursday it led an investment into a new $200 million fund focused on backing electric vehicles […]

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Tesla hikes China-made Model Y price again — by more than ,000
Technology

Tesla hikes China-made Model Y price again — by more than $2,000

Customers experience new energy electric vehicles at a Tesla store in Shanghai, China, On December 4, 2021. Future Publishing | Future Publishing | Getty Images Tesla raised the price for its cheapest Model Y car in China by 15,060 yuan ($2,372) on Thursday, following two consecutive price hikes for more expensive versions in just over […]

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Tesla hikes car prices in the U.S., China after CEO Elon Musk warns of inflation pressure
Technology

Tesla hikes car prices in the U.S., China after CEO Elon Musk warns of inflation pressure

Tesla CEO Elon Musk speaks at a delivery ceremony for Tesla China-made Model 3 in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images Tesla has hiked the prices of its electric vehicles in the U.S. and China after CEO Elon Musk warned of inflation pressure on the business. […]

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