Vroom Inc. said Monday it recorded a smaller net loss and took in record profit per used car and truck it sold in the third quarter as it cut costs, though revenue and volume of vehicles sold fell sharply year-over-year. The online used-vehicle retailer reported a net loss of $51.1 million for the quarter ended […]
Vroom trims losses as revenue, volume decline in Q3 Read More »
There is something intriguing about discovering precious objects that were abandoned for decades. This is the feeling that Italian 3D artist Dizzy Viper evokes with a new series of renderings depicting all sorts of modern-era hypercars left to rot, presumably in a post-apocalyptic EV-occupied future. Seeing a Bugatti Chiron Pur Sport with a broken front
Artist Imagines Exotic Hypercars Left To Rot In An EV Future Read More »
DALLAS — As traffic trundled by on nearby Interstate 45, Kendra Phillips stood on a gravel parking lot and sketched a practical piece of the autonomous trucking future. Over here, the gates through which Aurora Innovation Inc.’s self-driving trucks might arrive after completing trips to Houston. Over there, scales for weighing trucks before they depart.
Aurora inks deal with Ryder to keep its self-driving truck fleet ready for road Read More »
Lamborghini will join the ranks of top-level motorsports come 2024 when it enters both the FIA World Endurance Championship and IMSA SportsCar Championship with a new LMDh race car. LMDh is a new race car category which will have its first season in 2023. It is eligible for both the Hypercar class of the WEC
Lamborghini partners with Iron Lynx for 2024 LMDh campaign Read More »
As automakers call on the U.S. government to rethink a plan to limit tax credits for electric vehicles, they’re facing opposition from an unexpected source: their own suppliers. Car giants such as Ford Motor Co. and Toyota Motor Corp. say the government should loosen the terms of the $430 billion Inflation Reduction Act to allow
Ford and Toyota are opposing their suppliers over EV tax credit Read More »
Lidar companies Ouster and Velodyne said Monday they plan to merge. The two companies signed a merger agreement Friday. Existing Velodyne and Ouster shareholders would each own about 50 percent of the combined company under terms of the “merger of equals” agreement, which is expected to close in the first half of 2023. Ouster CEO
Lidar suppliers Velodyne, Ouster reach merger deal Read More »
Lucid Group Inc. filed a federal lawsuit in Texas accusing the state’s rules on auto dealerships of “economic protectionism” that hurt the company’s ability to sell its electric vehicles there. In a suit filed in Austin, Lucid said the state is acting anti-competitively in forcing companies to sell their products through established dealerships. The Newark,
Lucid sues Texas in attempt to overturn franchise laws Read More »
Hiding from the police is quite hard these days with all the fancy tech on cars and helicopters. A car theft suspect learned it firsthand when officers found him in the rear bed of a Ford F-150 Raptor and put him into custody. It all started on Thursday, October 27, when a Lincoln Aviator was
LOS ALAMOS, New Mexico — Hailed as a “magical” solution. Derided as a perennial fantasy. Embraced as an “earthshot.” Many have eyed hydrogen’s tantalizing potential as an abundant and pollution-free energy source for transportation and beyond. Jules Verne described a method in which “water will one day be employed as fuel,” and wrote hydrogen and
Can hydrogen deliver a new way to decarbonize? Read More »
Wisconsin hot rod builders Ringbrothers brought four new builds to the 2022 SEMA show, including this 1972 Chevrolet K5 Blazer. Dubbed Bully, the Blazer boasts 1,200 hp courtesy of a GM-sourced LS3 6.8-liter V-8 topped with a 2.9-liter Whipple supercharger. That power is sent to all four wheels through a GM 4L80E 4-speed automatic transmission
Ringbrothers’ 1972 Chevrolet K5 Blazer “Bully” brawls with 1,200 hp Read More »
