Nio expects Q1 deliveries between 20,000 and 20,500 vehicles
As of January, Nio had delivered 82,866 electric cars in China since its first model came to market in June 2018. Its high-end utility vehicles have proven a hit with wealthy consumers, helping to push Nio’s gross margin to 17.2 percent in the Dec.....»»
Bernstein says buy Apple while stock price is low
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone.Apple is dealing with regulatory pressures and other unknownsBernstein'.....»»
iPad at war: How the iPad is crucial to the Ukraine war effort
The iPad is being used for an unusual purpose in the Ukraine-Russia conflict — they're helping the Ukraine Air Force use modern weapons on older fighter jets.An iPad in a jet [X/OSINTtechnical]One of the problems of using older vehicles in war is t.....»»
Too many vehicles, slow reactions and reckless merging: New math model explains how traffic and bacteria move
What do the flow of cars on a highway and the movement of bacteria towards a food source have in common? In both cases, annoying traffic jams can form. Especially for cars, we might want to understand how to avoid them, but perhaps we've never though.....»»
U.S. imposes emergency-braking rule in 2029 for cars to cut roadway deaths, injuries
U.S. authorities have issued a new mandate that will require carmakers to install automatic emergency braking systems on new vehicles beginning in 2029. Regulators expect the rule to save 360 lives a year......»»
Porsche dealership sales manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a Porsche dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
Manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a luxury dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
NHTSA opens preliminary probe into Ford"s hands-free driving tech BlueCruise after 2 crashes
NHTSA said it confirmed BlueCruise was engaged in both vehicles immediately prior to the collisions......»»
Tesla"s recall of 2 million vehicles for Autopilot issues being probed by NHTSA
The agency wants to know if Tesla's December recall of more than 2 million vehicles to install new Autopilot safeguards is adequate......»»
In Beijing, automakers are all-in on EVs
The Beijing show comes as green vehicles reached a milestone in China, accounting for over half of passenger vehicles sold......»»
Tesla"s recall of 2 million vehicles for Autopilot issues now being probed by NHTSA
The agency wants to know if Tesla's December recall of more than 2 million vehicles to install new Autopilot safeguards is adequate......»»
Mercedes warms to ICE vehicles as EV growth cools in the U.S.
Mercedes expects to sell about 50,000 more coupes, sedans, crossovers and SUVs in the U.S. in 2024 compared with last year......»»
Nissan EVs go bold with diagonal front lighting at Beijing auto show
Nissan has shown a creative and bold front lighting design in a clutch of electrified concept vehicles that were unveiled at the Beijing auto show, which point toward a future design language......»»
Lithia Q1 net income down 28% as "normalization" returns to profit per vehicle
Lithia Motors said it sold 188,119 new and used vehicles, with gross profit per vehicle dropping 22% to $4,346 in the first quarter......»»
Updating California’s grid for EVs may cost up to $20 billion
Charging electric vehicles at home will exceed most power lines' capacity. Enlarge (credit: boonchai wedmakawand) California's electric grid, with its massive solar production and booming battery installations, is alread.....»»
Honda"s new Ye Series EVs for China foreshadow U.S.-bound next-gen 0 Series
Honda's new family of all-electric vehicles, called the Ye Series, goes on sale in China this year and advances the Japanese carmaker toward a next-generation of software-powered EVs that are bound for the U.S. and other markets......»»
Vroom CEO: ‘Gut-wrenching" decision to end online used-car business
When a search to secure more capital was unsuccessful, Vroom's senior leadership called it: The company would stop buying and selling used vehicles online as soon as possible......»»
Lithia Q1 net income down 28% as margins slip
Lithia Motors said it sold 188,119 new and used vehicles with a gross profit of $4,346 in the first quarter......»»
Tesla says it will accelerate new products after Q1 net income drops 55% to $1.1B
"These new vehicles, including more affordable models, will utilize aspects of the next generation platform as well as aspects of our current platforms," Tesla said in its first-quarter report......»»
The 2024 Porsche Macan EV has character, pace, and the right badge
The new electric Porsche Macan starts at $78,800, deliveries begin later this year. Enlarge / The third-generation Porsche Macan drops the internal combustion engine—this one is only available as a battery electric vehicle. (cr.....»»
Kia gives $7,500 incentive for EV9 sales until production moves to U.S.
Kia America is giving buyers of its EV9 $7,500 to match the amount buyers recoup from a federal tax credit on electric vehicles that are not imported......»»