Month: May 2020

Electric scooters are a familiar sight, thanks in part to companies such as Bird and Lime that make it easy to ride around town. But what if you had a scooter you could fold like a sweater and stuff into your backpack? Say hello to Poimo, a clever inflatable scooter developed at the University of Tokyo.
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By Joey Klender Posted on May 26, 2020 When news broke that Tesla had announced the finalists for its next Gigafactory, which actually could be called a Terafactory based on the expected cell production output from the facility, comparisons between Austin, Texas, and Tulsa, Oklahoma was rampant across social media. Each location has its own
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Toyota’s legacy as an engine designer and producer is inextricably intertwined with the inline-six. After all, four of the power plants on this list fall into that configuration, including the desirable 2JZ-GTE from the A80 Supra. But Toyota’s talents go beyond six-cylinder engines. Think about the high-revving V-10 from the Lexus LFA or the flat-four
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John Lewis plans phased reopening of stores John Lewis is planning a phased reopening of its stores, using lessons it has learned on social distancing from the partnership’s Waitrose shops. Changes will include having a customer service host to monitor numbers inside and answer queries, and fewer entrances. John Lewis and other non-essential shops in
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Automotive auction giant KAR Global said it plans to offer $550 million in new convertible preferred stock. The company said funds raised from the transaction will go toward general operations and sustaining its technology platforms amid the wholesale sector’s recovery from the coronavirus pandemic. The preferred stock has a 7.0 percent dividend that will be
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TOKYO – Renault and Nissan will try to jump start their struggling alliance this week through a three-day rollout of revised midterm business plans expected to involve plant closures, layoffs and billions of dollars in cost cutting that will usher in a new era of smaller, sustainable operations. The announcements begin Wednesday when the heads
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Volkswagen Group last week withdrew a German social media ad for the redesigned Golf and apologized after it was criticized as racist. The 10-second video posted on its Instagram page showed a man with dark skin being moved around by a large white hand and flicked into a cafe. The name of the cafe is
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Packed with standard and optional equipment and available in a variety of models, the 2021 Audi A8 wears its flagship status well. The feature sets teamed with the high-tech infotainment system and advanced driver-assist technologies qualifies the A8 as a 9 out of 10 for features on our scale.  Audi offers the A8 in only
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In the midst of the COVID-19 pandemic, many automotive manufacturers and suppliers are scrambling to develop risk management policies and procedures. While there are many critical unknowns, and circumstances change by the hour, it’s becoming increasingly clear that risk management isn’t just tied to business productivity or ticking regulatory boxes anymore. As we’ve learned, it
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Few places outside Silicon Valley have seen the explosion in mobility startup activity that Israel has. EcoMotion Week is a signature event held in Tel Aviv that brings people throughout the mobility ecosystem together to share ideas and promote innovation. Because of the coronavirus pandemic, EcoMotion went virtual this year. Automotive News assisted in hosting
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. https://electrek.co/wp-content/uploads/sites/3/2020/05/Quick-Charge-5.25.20.mp3 New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast
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Germany’s highest civil court has ruled that Volkswagen must pay compensation to a motorist who had bought one of its diesel minivans fitted with emissions-cheating software. The ruling sets a benchmark for about 60,000 other cases in Germany. The plaintiff, Herbert Gilbert, will be partially reimbursed for his vehicle, with depreciation taken into account VW
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MILAN — Fiat Chrysler Automobiles is close to securing a 6.3 billion-euro ($6.9 billion) credit facility as Italy’s biggest retail bank, Intesa Sanpaolo, is expected to give conditional approval at a board meeting on Tuesday to a state-guaranteed loan, according to people familiar with the matter. The loan would be Europe’s biggest government-backed financing to
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Abeach party for Jeep enthusiasts in Texas this month resulted in two men being shot, nearly 200 arrests and viral video of carefree partying during a pandemic. The annual “Go Topless Jeep Weekend” event attracted thousands of people to a peninsula along the Gulf of Mexico near Galveston. “We’ve been in quarantine and, like, I
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Consumers have been more hesitant to engage with some shared services since health concerns emerged about COVID-19 infections. But while some short-term car rental services such as Maven and Penske Dash have shuttered because of the pandemic, others — such as Zipcar and Free2Move — are exploring options for profitability. General Motors said April 21
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It’s no secret that wagons, alongside other traditional body styles, are rapidly losing ground to SUVs, but let’s face it, it’s not like all of them were or are good. Look at Buick, for instance, which thought that they could sell enough Regal TourXs to make it viable, but they were wrong, and their crossover-flavored
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