The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images For a new venture with little revenue, Foxconn‘s nascent automotive business is off to a big start this year, inking partnerships to develop new electric cars with Chinese start-up Byton and Hong Kong-based
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By Simon Alvarez Posted on January 20, 2021 Among the old guard of the automotive industry, very few could hold a candle to Volkswagen, which has initiated a $50 billion bet on electric vehicles. The plan, it seemed, was aimed at ensuring that the veteran automaker could catch up to Tesla, a dedicated EV maker
SEOUL — Kia Corp. said on Wednesday it’s reviewing cooperation on self-driving electric vehicles with multiple foreign firms, making no mention of a report linking it to a project with tech giant Apple Inc. Kia’s comment, issued in a regulatory filing as its shares surged nearly 20 percent in Seoul, came after domestic online publication
Logo of Chinese automaker Geely Auto. Zhang Peng | Getty Images China’s Tencent has teamed up with automaker Geely on various car technologies as traditional vehicle manufacturers continue to partner technology giants. The deal will see the two work on areas “in the fields of digitalization, intelligent cockpits, autonomous drive, and low carbon development,” the
Chip-shortage ‘crisis’ halts car-company output
When it updated the F-Type, Jaguar replaced the supercharged V6 in the middle of the lineup with a V8. This, it turns out, was a good decision. Jaguar calls it the P450 and it’s the Goldilocks of the F-Type range, according to Carfection’s Henry Catchpole. It is, simply put, fun. Although Catchpole wouldn’t begrudge you
PARIS — A mix of executives from Fiat Chrysler and PSA Group have been named to lead Stellantis, the new automotive giant created from the merger of the two automakers, in four major organizational levels, with PSA veterans having the numerical edge. Under CEO Carlos Tavares, top cross-company positions announced Tuesday include Richard Palmer as
Another new Porsche Taycan variant has been announced, but it’s not the wagon-like Cross Turismo model. No, that’s been delayed due to how popular the Taycan’s proving to be. The latest U.S. Taycan model drops the price of entry to Porsche’s electric car. On Tuesday the German automaker announced the 2021 Porsche Taycan rear-wheel-drive base
What kind of SUV is the 2021 Land Rover Discovery Sport? What does it compare to? The Discovery Sport scales down the classic Land Rover look and adapts it to a five- or seven-seat crossover cabin. It’s practical, affordable, and comfortable, but it’s not as ruggedly capable as other Landies. Compare it to a Mercedes
Around 6 PM Friday night, a car traveling down Interstate 93 southbound near the Zakim Bridge in Boston went airborne, landing on the ramp that connects Route 1 traffic from the Tobin Bridge to Interstate 93. According to Massachusetts State Police, the car, which appears to be a Toyota 86, (or a Scion FR-S) struck
The world’s biggest auto market is set to resume growing after a three-year slide capped by the pandemic. China’s new-vehicle sales will grow 4 percent to more than 26 million in 2021 as the world’s No. 2 economy continues to recover from disruptions caused by the coronavirus, the China Association of Automobile Manufacturers predicted last
Aurora has made no secret its first foray into autonomous driving will come aboard big rigs. The self-driving tech company underpinned that strategy in a big way Tuesday, unveiling a partnership with truck manufacturer PACCAR. The two companies plan to collaborate on integrating Aurora’s virtual driver onto Kenworth and Peterbilt trucks. While there’s not yet
2021 Jeep Wrangler Rubicon 4xe Fiat Chrysler Stellantis – the product of a $52 billion merger between automakers Fiat Chrysler and Groupe PSA – plans to offer an array of all-electric or hybrid vehicles through 2025, including 10 new models in 2021, according to CEO Carlos Tavares. From Dodge to Maserati, every new model the
Mr Duesmann told the Financial Times carmakers had been caught by surprise.
SONDORS has just pulled up the curtain on its first-ever electric motorcycle, the SONDORS Metacycle. The new commuter electric motorcycle may just be the first truly low-cost electric motorcycle capable of both city and highway riding. Of course terms like “affordable” and “low-cost” will always be relative. But to put things in perspective, we live
Nissan Motor Co. is moving to promote all contract workers in Japan to full-time positions as the automaker’s push to cut fixed costs gives it more room to invest in its talent pool. About 800 contract employees will become full-time employees from April, Azusa Momose, a spokeswoman for the company said, confirming an earlier Bloomberg
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters Tesla has reportedly started delivering locally-produced Model Y crossovers in China, marking another milestone for the electric carmaker in the world’s largest vehicle market. Deliveries of the China-produced crossover began Monday,
After a few months since we first heard about the idea, Audi and FAW confirm a new cooperation company to produce EVs in China based on the Premium Platform Electric (PPE). The joint venture will be officially established during the first quarter of 2021. Interestingly, Audi (and Volkswagen Group China) for the very first time
BMW is supposed to build the Ultimate Driving Machine(s), but according to Matt Farah, the 2021 M440i xDrive does not live up to that slogan. A look at the specifications of the M440i xDrive would make you assume it is the next best thing to an M4. It is powered by BMW’s B58 3.0-liter turbocharged
Renault plans to strengthen its collaboration with alliance partners Nissan and Mitsubishi even as it undertakes a major overhaul itself, Chairman Jean-Dominique Senard said in interviews with Japanese media. Among the areas where the three automakers will seek more commonalities to increase profits include platform sharing, electric vehicles and the Chinese market. “In a very