Electric-vehicle startup Arrival SA‘s shares surged after it said it’s in talks to raise capital to build and sell its products in the U.S. The company, which is primarily UK-based, also said it’s a step closer to operating so-called microfactories to produce battery-powered vans. The shares rose more than 15 percent in premarket U.S. trading
Month: September 2022
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless vehicle at the Nasdaq Market site in New York, July 20, 2021. Jeenah Moon | Reuters Mobileye, an Intel-owned company that makes chips, maps, and software for self-driving cars, has filed for an IPO, according to
Tesla is teasing the hands of its humanoid Optimus robot that is going to be fully unveiled at its AI Day event later today. Tesla is expected to hold its AI Day 2 in Palo Alto starting at 5 p.m. PT (8 p.m. ET) today. The automaker is going to give an update on all
New York will follow California’s lead in moving to phase out the sale of new cars, SUVs, and light trucks powered purely by internal-combustion engines by 2035. In a statement issued on Thursday, Governor Kathy Hochul said she directed New York’s State Department of Environmental Conservation to propose and finalize rules for the adoption of
Zhejiang Geely Holding Group said it had taken a 7.6 percent stake in Aston Martin. The purchase is another move by Li Shufu, Geely’s billionaire owner, to expand his automobile empire. Geely also owns Volvo and Lotus Cars and has a stake in Daimler. “We look forward to exploring potential opportunities to engage and collaborate
5:19 PM ET Associated Press Alex Bowman will miss Sunday’s NASCAR Cup Series race at Talladega Superspeedway with a concussion that the Hendrick Motorsports driver apparently suffered last week at Texas. HMS said Bowman was evaluated Thursday in Charlotte, North Carolina, and ruled out of this weekend’s playoff race. Noah Gragson will drive the No.
Hurricane Ian has been wreaking havoc on the southeast United States and especially Florida, with the extreme rain and winds causing large amounts of property damage to those in heavily affected areas. Unfortunately, part of that property damage now includes a McLaren P1, which was purchased by its new owner just a week prior. The
Four dealership groups, including two of the largest in the country, expanded their holdings with acquisitions in the second and third quarters. Here’s a look at the deals involving import and domestic stores and dealerships in California, Tennessee, Texas and Wyoming. Two deals involved groups ranked on Automotive News‘ list of the top 150 dealership
Traffic moves across the Brooklyn Bridge, August 2, 2018 in New York City. On Thursday, the Trump administration announced a proposal to weaken fuel-efficiency requirements for the nation’s cars and trucks. The rollback is likely to spark legal challenges from California and other states. Drew Angerer | Getty Images News | Getty Images New York
We open in an unlikely place for an opulent SUV designed for rich suburbanite:; a rough, steep Colorado trail. The 2023 Mercedes-Benz EQS SUV balances with its left front wheel 18-inches off the ground. The opposite front corner is at full jounce, while the passenger rear wheel is also hanging free with its suspension at
There’s something timeless about the appeal of Jeeps. So, on Roadkill Garage, Freiburger and Dulich rehabilitate an old Jeep Scrambler rockcrawler and a 1967 Jeep J100. Then they take them out for some brutal offroad tests! #RoadkillGarage #Jeep #MotorTrend Get a fast, simple and free car quote ➡️ https://quotes.motortrend.com/ MotorTrend is the ultimate streaming destination for gearheads coupled
Mercedes-Benz and Volvo Cars are suspending operations at U.S. plants in South Carolina ahead of the arrival of a storm that has already caused massive destruction as well as least seven deaths in Florida. Volvo’s plant, which employs 1,500 people, stopped building the S60 at about 11 a.m. local time (5 p.m. CEST) on Thursday.
4:14 PM ET Jimmie Johnson announced on Monday that he was stepping away from full-time racing. Adam Lacy/Icon Sportswire via Getty Images A man walks into an airport, walks up to the giant board titled “Departures,” and with a packed bag at his side, looks upon the dozens of cities listed, knowing that he can board
Cleveland Browns’ defensive end Myles Garrett has been fortunate to walk away without serious injuries after crashing his 2021 Porsche 911 Turbo S in Sharon Township, Ohio. Garrett was driving the Porsche on Monday afternoon with a female passenger onboard when the sports car left the road and came to a rest on a grass
Mercedes-Benz and Volvo, heeding Hurricane Ian’s potential impact, are idling their South Carolina plants ahead of the deadly storm’s predicted return to landfall. The Mercedes plant, near Charleston, S.C., has about 1,600 employees who build the Mercedes Sprinter and Metris vans. It will idle operations on Friday, Reuters reported. Volvo’s plant near Charleston in Ridgeville,
Automatic emergency braking has a lot of room for improvement. That’s the conclusion of a study released Thursday by AAA, which crash-tested four models with the feature from four automakers: the 2022 Chevrolet Equinox LT, 2022 Ford Explorer XLT, 2022 Honda CR-V and 2022 Toyota RAV4 LE. Rear-end crash performance, a test in which vehicles
In this article TM Follow your favorite stocksCREATE FREE ACCOUNT A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC LAS VEGAS – Toyota Motor is standing by its electric vehicle strategy, including hybrids like the Prius, following criticism by some investors and environmentalist groups that the
By Simon Alvarez Posted on September 28, 2022 GM’s Cruise driverless robotaxi service has been rolled out to San Francisco successfully, but the cars themselves have caused some headaches for motorists in the city. This is represented by several incidents involving Cruise’s driverless robotaxis causing issues in traffic due to technical difficulties. Just last week,
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