McLaren has been on increasingly rocky ground in recent years as it struggled to find funding to secure its future. The British supercar maker previously put its headquarters up for sale and turned to the sovereign wealth fund of Bahrain for a cash injection. Now, the Middle Eastern country has taken full ownership of McLaren … Read more
Automakers across America have plowed millions of dollars into their electric vehicle strategies in recent years. Whether it’s new product development, engineering to create lighter, more powerful motors or investment in new factories, they’ve all spent a small fortune. Now, it turns out that cost may not be paying off as EV makers across America … Read more
Thanks to the phenomenal depreciation that’s hitting almost every EV on the market, today’s Nice Price or No Dice Taycan asks almost half what a new model would cost. Let’s see if that makes it worth plugging in. Reggie Watts Is A Big Porsche Fan | Jalopnik Chats “Large and in charge” is the best … Read more
Good morning! It’s Thursday, February 22, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Rivian Recalls Nearly Every Car It Has Built 1st Gear: Rivian, Lucid 2024 Production Falls On Weakening Demand … Read more
Lucid is dropping the price on its flagship and sole vehicle (for now), the Air sedan, because demand just isn’t where the nascent automaker needs it to be. Three trims of the Air — the Pure, Touring and Grand Touring — will all see varying degrees of price cuts. Tesla’s Cybertruck Has Finally Arrived The base model … Read more
Direct sales are still a big threat to dealerships. God forbid customers actually get a great sales experience without having to deal with some salesperson or haggle over add-ons and markups. But powerful dealer lobbies have kept bigger automakers from going through with it. Startups like Tesla, Lucid and Rivian have been successful so far, … Read more
Last month American startup Lucid debuted the Gravity, its first entry in the hotly contested three-row SUV segment and an important model for the brand that currently only builds the Air luxury sedan. Speaking with Autocar in a new interview, Lucid CEO Peter Rawlinson says the company’s next focus is on two mainstream models that will … Read more
Image: Volkswagen Volkswagen Group, owner of the U.S.-based EV charging infrastructure operator Electrify America, has finally announced its commitment to the North American Charging Standard (NACS, also known as the Tesla charger) beginning in 2025 for many of its brands. The company said it will also explore adapter options so preexisting electrified vehicles can charge … Read more
