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Ferrari CEO Benedetto Vigna used a round table in Modena on Thursday to defend the €550,000 ($640,000) price tag for the Luce, the company’s first fully electric vehicle. The car was unveiled on Monday. By Tuesday, Ferrari’s Milan-listed stock had fallen 8%. Vigna said the price was fair for innovation and that the Luce has […]
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ChargePoint and Powers Parts, a national distributor of electric vehicle components and fleet replacement parts, have announced a partnership to sell ChargePoint charging hardware, software, and fleet management services directly to transit agencies across North America. The deal targets operators running E2 and ZX5 electric buses built by PhoenixEV, the company that acquired Proterra’s transit bus […]
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BYD has unveiled the Xuanji A3, which it calls China’s first automotive-grade 4-nanometre chip for self-driving vehicles. CEO Wang Chuanfu announced the chip at an event at BYD’s Shenzhen headquarters on 28 May, saying it delivers the lowest power consumption per unit of compute in its class, drawing roughly 20% less than comparable semiconductors. The chip has […]
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BYD has built China’s first 4nm driving chip, and it’s putting LiDAR on a $10,000 car Read More »
Waymo has started offering rides to select passengers in its new Ojai robotaxi, the first vehicle purpose-built for autonomous ride-hailing rather than retrofitted from an existing car. The Ojai runs on Waymo’s sixth-generation Driver system and is built on a platform manufactured by Zeekr, the electric vehicle brand owned by China’s Geely, the same conglomerate that […]
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Waymo’s new Ojai robotaxi is cheaper to build, harder to break, and made in China Read More »
Kia’s flagship EV has a battery problem Read More »
All the news about Ferrari’s polarizing Luce EV Read More »
This Ferrari should have been a Volkswagen Read More »
Ferrari shares fell as much as 7 per cent in Milan trading on Monday, dropping to €290.55 and wiping roughly £3 billion from the company’s market cap. The sell-off came one day after the Italian carmaker unveiled the Luce, its first fully electric vehicle, at the Città dello Sport in Rome. The Luce is a four-door, […]
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Ferrari stock drops 7% after Luce EV reveal as investors question design and strategy Read More »
Stellantis CEO Antonio Filosa said on Thursday that the company sees opportunity to produce and sell Chinese-branded vehicles in Mexico and potentially Canada. In the United States, the answer is different. “Now there is no space in the United States. We don’t see that,” Filosa said at a news conference following the company’s investor day […]
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Stellantis wants to build Chinese EVs in Canada and Mexico. Just not in the US. Read More »
Waymo suspended robotaxi service across five US cities on 21 May after a software patch it pushed to its entire 3,791-vehicle fleet less than two weeks earlier failed to prevent another autonomous vehicle from driving into standing water. An unoccupied Waymo robotaxi got stuck on a flooded street in Midtown Atlanta on Wednesday evening during […]
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