Tag Archives: Industry

Iconic BMW Isetta returns as a Chinese knockoff

Chinese companies have a track record for copying other automakers. Porsches, Hondas, and even tires often have knockoff alter egos in the country. The latest digs deeper into the past, however. Eagle, a Chinese carmaker, has blatantly copied the iconic BMW Isetta, Cars News China reported Tuesday. The Isetta was built between 1956 and 1962, and its design...

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Xpeng gets $350M in funding, including from iPhone maker Foxconn

Chinese electric car startup Xpeng only revealed its G3 SUV to the world at last month's 2018 Consumer Electronics Show in Las Vegas, but the vehicle, a potential rival to the Tesla Model X, has been testing in prototype form since 2016. That's why Xpeng is confident of getting the G3 into showrooms, in China only initially, as early as this year. Xpeng on...

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Nikola selects Arizona to manufacture electric semi-trucks

Nikola has taken a major step toward bringing its extended-range electric semi-trailer truck to market. The company announced on Tuesday that Buckeye, Arizona will be home to its future manufacturing facility. The American startup debuted its One electric semi in December 2016. At that time, Nikola said production would start in 2020. The latest update from...

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VW Group holds onto title of world’s biggest automaker

The Volkswagen Group was the biggest automaker by volume in 2017 after its various brands delivered a combined 10.74 million vehicles, representing a substantial rise of 4.3 percent on 2016's total. It means the VW Group has now been the biggest automaker for two consecutive years. In second place was the Renault Nissan Mitsubishi Alliance, which delivered...

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Genesis to establish dedicated dealerships

Genesis is working hard to distinguish itself as more than just the luxury arm of Hyundai. It wants to be seen as a standalone brand. Genesis started out life as a luxurious mid-size sedan sold by Hyundai, but was spun off in 2016 to become its own brand. Genesis is now looking to further distance itself from the Hyundai equation by launching its own dealer...

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Volvo Trucks plans electric semi for 2019

Not to be left out of the push for electric and electrified commercial vehicles, Volvo Trucks announced Tuesday that it will begin selling electric semi-trailer trucks in 2019. The company sees its electric semis as a way to not only reduce pollution but also alleviate traffic congestion and improve logistics. Volvo Trucks, a separate entity to the Volvo...

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Elon Musk to stay another decade at Tesla, has strange compensation scheme

Tesla's face and shining star won't be leaving any time soon. Elon Musk, the carmaker's chief executive officer, has agreed to remain CEO for another 10 years. With the announcement, The New York Times reported on Tuesday on Musk's somewhat bewildering new compensation plan. Long story short, it's all or nothing for Musk. Tesla has set a dozen targets for...

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Yamaha buys patent for tilting 3-wheeler

Yamaha clearly sees the market for 3-wheeled vehicles gaining traction. Last month Norwegian company Brudeli announced Yamaha had purchased patents for its 3-wheel tilting vehicle suspension. Brudeli, a lesser known company, actually invented a novel setup for 3-wheeled vehicles. Instead of two sets of twin USD forks like Yamaha has used in the past with...

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