The Ford Mustang Mach-E is getting an upgrade in specs, according to the latest updates on the company’s dealership sites. There will be an increase in horsepower, torque, and kW output specs for all Mach-E models.
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Ford has started production on a new powered air-purifying respirator (PAPR) designed and developed in collaboration with 3M. The equipment will be manufactured in the factories of Ford that have halted automobile productions due to the coronavirus pandemic that has led to lockdowns across nations.
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The auto industry is staring at a crisis, with most manufacturers shutting down production and factories in the face of the coronacrisis. Sales are expected to fall 15 percent to less than 80 million vehicles, according to S&P global ratings. The long-term shutdown will not be kind on the balance sheets of the carmakers, which is a cash incentive industry. The pre-virus sales were already down, and no one is sure how long the pandemic will affect closures.Tesla is looking for a site to break ground for a factory to build its Cybertruck, announced CEO Elon Musk on twitter. They are looking at central USA to build the factory said Elon Musk in the tweet. Musk followed up this revelation with another tweet about their search for a location for its Model Y production, which would be on the East Coast.
It is reported that Tesla is in talks with Nashville officials to find a suitable site for its plans to build a gigafactory for its all-electric Cybetruck.
In an email missive to the Wall Street Journal about his search Elon Musk wrote:
Incentives play a role, but so do logistics costs, access to a large workforce with a wide range of talents, and quality of life.
Tennessee is a popular destination for electric vehicle productions. It houses Volkswagen’s factory in Chattanooga, which the company is planning to expand with an infusion of $800 million. Volkswagen plans to make it the company’s North American base for manufacturing electric vehicles. The factory will start EV production in 2022. Nissan already manufactures its model Nissan Leaf at its factory in Smyrna, Tennessee.Giorgio Armani has collaborated with Fiat to design an all-electric car made of all sustainable material as part of a charity project, Earth Alliance.
The limited-edition Fiat model 500 bears the designers’ signature embedded at the front. This edition will be auctioned off with two other designer made 500s—by Bulgari and Kartell.
The car was unveiled on March 4 in front of the Duomo Cathedral in Milan, which was reopened to the public after some precautions against the Coronavirus. Italy is under a complete lockdown now to prevent any further spread of the contagion.
The electric car will be made in Turin, Italy. The EV Fiat 500 car will run up to 320 kilometres or 199 miles on a single charge. It gets 85 kW fast-charge at a time. The fast charger can power the battery to 85 percent capacity in 35 minutes. It takes only five minutes for the 500 to get the charge to run 30 miles on fast-charging system. It comes with a combo socket able to accept both AC and DC charging.Hyundai Motor Company unveiled a new concept car called the Prophecy, heralding an "Optimistic Futurism" to forge an emotional connection between humans and automobiles. It is an EV with autonomous features. The car was to be unveiled at the now-canceled Geneva Motor Show.
The car has a streamlined, minimalistic look which the company dubs as Sensuous Sportiness. It is supposed to be expanding on last year’s “45” concept car from Hyundai that stripped away complexity in favor of clean lines and minimalistic structures, says the press statement from Hyundai.Ron Baron, 76, the investor and founder of Baron Capital, 76 believes in finding the right company to invest in with a lot of due diligence and hanging on to it for a long time and reaping the benefits. Baron also co-manages Baron Growth (BGRFX), Baron Focused Growth (BFGFX), and Baron Partners (BPTRX).
Baron was an early investor in Tesla and SpaceX both and is of the opinion that Tesla will be among the largest and most valuable companies of the world in a decade. He predicts that by 2030, Tesla would be worth $1.5 trillion with a revenue of $750 billion to $1 trillion, and an operating profit of $150 billion to $200 billion.
In an interview with a financial magazine Barron, he said that Tesla beat the market in the last year in almost all its assets.General Motors Corp. unveiled its electric crossover Cadillac Lyriq at the GM electric vehicles event, recently. The carmaker called the Lyriq “not a concept car but a precursor.” The vehicle will make its full debut in April this year. The crossover luxury EV is primarily on display to showcase the proprietary Ultium batteries that the company has developed. It will probably go on sale in mid-2021.
“Our team accepted the challenge to transform product development at GM and position our company for an all-electric future,” said Mary Barra, GM chairman and CEO. “What we have done is build a multi-brand, multi-segment EV. Strategy with economies of scale that rival our full-size truck business with much less complexity and even more flexibility.”Autonomous driving, long a feature of sci-fi and tech flicks, has become a reality with scientists and researchers working hard to make it more intuitive and technically sound to take care of all aspects of driving.
Tesla's Autopilot and super cruise features of some other self-driven vehicles carry the most advanced driving systems, but there are times when unforeseen circumstances like inclement weather stump the most technically sound systems.Bentley’s unveiled their latest bespoke roofless stunner, the Bacalar, in a digital reveal following the cancellation of the Geneva Motor Show due to coronavirus fears.
The exclusive luxury car with only 12 iterations, is being built by the oldest coachbuilders in the world, the Mulliner's, now car designers by profession. The cars will cost around $ 2 million each and have already been spoken for. Described as the “rarest two-door Bentley of the modern era,” the new Bacalar is roofless and a two-seater. It does not come with any kind of cloth cover for emergencies, which means that you keep the car garaged in inclement weather.The latest Aston Martin Vantage has everything that the carmaker has been delivering from its stable for the past decades. It is a convertible with all the bells and whistles of a model renowned for delivering performance, utility and driving thrills.