Ford Steps Back From EVs—and Says Hybrids Are the Future

Ford Steps Back From EVs—and Says Hybrids Are the Future

Even early adopters and those seeking to reduce their CO2 emissions wilt at some EVs’ first-year depreciation of 50 percent. Automakers, too, are feeling the heat. In a press release Ford said it was to broaden choices for customers as it “adjusts its rollout of pure electric vehicles to deliver a capital-efficient, profitable electric vehicle … Read more

EVs Are Losing Up to 50 Percent of Their Value in One Year

EVs Are Losing Up to 50 Percent of Their Value in One Year

Electric vehicle depreciation is something of a hot topic right now, and for good reason. On one hand, there are some fantastic deals to be had on the secondhand market, but on the other of course, there’s the thorny issue of some EVs losing half of their value in a single year. Cars losing you … Read more

You Won’t Believe What Car Headlights Have in Store

You Won’t Believe What Car Headlights Have in Store

Sure, duh: Vehicle lights serve the important and vital safety function of allowing drivers to see where they’re going, and everyone else to see when they’re coming. But for decades, car designers have clocked headlamps and tail lights as an opportunity for creativity, to build a distinctive brand that says, “Here comes that car.” Think … Read more

Cars Are Now Rolling Computers, So How Long Will They Get Updates? Automakers Can’t Say

Cars Are Now Rolling Computers, So How Long Will They Get Updates? Automakers Can’t Say

This is a new issue for the automotive industry. “One of the beautiful things about automotive has been that it tends to move much more slowly than consumer electronics,” says Phil Amsrud, an associate director of automotive at the market research firm S&P Global Mobility. That gives auto manufacturers and suppliers plenty of time to … Read more

Toyota Pulls Off a Fast and Furious Demo With Dual Drifting AI-Powered Race Cars

Toyota Pulls Off a Fast and Furious Demo With Dual Drifting AI-Powered Race Cars

Losing traction while driving at high speed is generally very bad news. Scientists from the Toyota Research Institute and Stanford University have developed a pair of self-driving cars that use artificial intelligence to do it in a controlled fashion—a trick better known as “drifting”—to push the limits of autonomous driving. The two autonomous vehicles performed … Read more

corporate earnings: On this season of corporate earnings, Nifty50 companies likely to give solid show

corporate earnings: On this season of corporate earnings, Nifty50 companies likely to give solid show

ET Intelligence Group: Nifty 50 companies are expected to report double-digit growth in aggregate revenue and profit for the June quarter, driven by select companies from the automobile, banking and finance, and pharmaceutical sectors. According to ETIG estimates, the sample’s net profit is expected to grow 26.4% in the quarter. Cautiously Optimistic Outlook This growth … Read more

Company working on technology to prevent drunk driving

Company working on technology to prevent drunk driving

(NewsNation) —  Drunk driving continues to take thousands of lives every year. To combat it, some in the auto industry are working on making safety improvements to vehicles that would prevent those who’ve had too much alcohol from getting on the road. Bud Zaouk is the program and technical manager of the Driver Alcohol Detection … Read more

Indian market: Markets optimistic but ‘mistakenly euphoric’, says Kotak Institutional Equities

Indian market: Markets optimistic but ‘mistakenly euphoric’, says Kotak Institutional Equities

Mumbai: Kotak Institutional Equities said the Indian market continues to be a mix of being “rightfully optimistic and mistakenly euphoric”. The brokerage said parts of the market rightfully reflect the strength of the Indian economy and its long-term growth prospects, while the other parts reflect “extreme euphoria linked to baseless narratives.” Kotak said the market … Read more

An Innovative EV Motor Used by Lamborghini, McLaren, and Ferrari Is Being Mass-Produced by Mercedes

An Innovative EV Motor Used by Lamborghini, McLaren, and Ferrari Is Being Mass-Produced by Mercedes

Car enthusiasts mourn the commoditization of propulsion. Once petrolheads would have chosen a BMW for its sonorous straight-six or a Mercedes-AMG for its thunderous V8. Now many believe that distinctiveness is rapidly diminishing. Electric cars might provide mad, silent thrust, but a common complaint is they are mostly indistinguishable for the character of their drivetrains. … Read more

We Tried the World’s Most Expensive Racing Simulator

We Tried the World’s Most Expensive Racing Simulator

But to convince F1 teams to abandon their own super-expensive bespoke in-house simulators and also persuade car manufacturers to use Dynisma’s tech to hone potential road cars, Warne and his team had to develop a sophisticated driving simulator that could drastically reduce latency to a point where the brain cannot distinguish any lag at all. … Read more