Apple's IPhone Maker Foxconn's Latest EV Is A Minivan Designed By Pininfarina
Foxconn's third concept is an electric minivan that other automakers hope to put into production
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The Longest Car In History Revealed
In the automotive world, some people believe that “bigger is better,” and some of these massive vehicles truly embody that mantra. Car manufacturers like to brag about the size of their cars, but it must be hard to put into words just how big some of them are… Source: www.thisismoney.co.uk
The EV Maker Is Writing Checks To Leasing Companies To Compensate, As Tesla’s Price Cuts Have Reduced The Value Of Its Cars So Much.
ibensTim Alversen, CEO of the largest multi-brand leasing company, said he has already received checks in recent weeks to help offset the weak prices. Leasing companies are demanding concessions from EV manufacturers, including buyback agreements. Source: fortune.com
EV Maker Fisker Reports Gloomy Outlook At 2023 Financial Results Conference
Emerging electric vehicle manufacturer Fisker announced a bleak outlook during its earnings conference, saying, “Fisker’s ability to continue as a going concern is in serious doubt.” The company said it delivered 4,929 Fisker Ocean EVs (pictured above) to customers in 2023 and confirmed it is in talks with major automakers. company… Source: Car and Driver
How Kia Evolved From A “used Car Alternative” To A Maker Of The Best SUVs
Kia SUVs and cars are some of the best cars you can buy today, but that wasn’t always the case. release date February 11, 2022 7:51am If you paid attention to cars in the 1990s, you probably didn’t think of Kia as one of them. Source: www.motorbiscuit.com
Volvo To Acquire Battery Maker Proterra
Volvo Group has been selected as the successful bidder to acquire the electric business unit of electric vehicle and parts manufacturer Proterra. The $210 million transaction is expected to close in early 2024, pending U.S. Bankruptcy Court approval. The assets to be acquired include a battery module and battery pack development center. Source: www.equipmentworld.com