Posts with «automotive industry» label

Ford reveals an F-150 Lightning built for police work

Don't be surprised if you see an electric pickup truck assisting cops in the near future. Ford has introduced a version of the 2023 F-150 Lighting built for police, the Lightning Pro SSV (Special Service Vehicle). The new model is designed for tasks that don't involve pursuit, such as assisting at crime scenes or towing boats, and includes modifications to match. You'll find optional police lights for the roof, an instrument panel tray with easier equipment mounting, and toughened seating with steel intrusion plates in the front seatbacks. While this truck probably won't cart suspects to the station, it could in a pinch.

The Lighting Pro SSV is otherwise similar to other pro F-150 EVs, although that's not a bad thing. You can outfit the police version with the same regular or extended-range battery packs, with motors providing a respective 452HP and 580HP. You'll likewise get driver assists such as Co-Pilot360 and automatic emergency braking, and Ford Pro promises telematics and support you don't get with ordinary models. To no one's surprise, Ford is pitching the Lighting's design as officer-friendly — the slew of power outlets will help illuminate crash scenes, while the large frunk provides extra gear storage.

Ford doesn't expect to share full details of the 2023 F-150 Lightning until later this summer, so you'll have to wait a while for range estimates and other details. Still, this could be an important launch. The Lightning Pro SSV is the first US electric pickup designed for police, as Ford is keen to point out. While it's not a cruiser, it could still play a significant role in electrifying departments.

'Grand Theft Auto VI' reportedly has a female lead

Grand Theft Auto VI might reflect evolving social attitudes as much as it does gameplay. Bloombergsources claim Rockstar's future open-world title will include the franchise's first playable female lead character. The Latina woman will reportedly be part of a Bonnie and Clyde-inspired duo at the heart of the story. Developers are also trying to shake a past reputation for transphobia and won't make jokes about marginalized groups, the tipsters said.

Rockstar's attempt to avoid crunch time is also affecting both the scope and release date for the game, according to the sources. GTA VI was supposedly meant to cover large portions of North and South America, but was whittled back to a fictional version of the Miami area (presumably Vice City). And while financial analysts are predicting a release sometime between April 2023 and March 2024, Bloomberg's contacts believe the game is "at least" two years away.

The company has apparently overhauled its design and management structures to reduce the need for excessive work hours. It reportedly added team members, created more opportunities for time off and fired leaders who were allegedly abusive or difficult. While the insiders described problems with bureaucratic overhead and some frustration over a lack of progress, many employees were said to be happy with the reduced pressure.

There's enough financial breathing room, at least. GTA V and GTA Online have enjoyed success for years. GTA V only left The NPD Group's top 20 yearly bestsellers in 2020, and that was because NPD stopped tracking digital sales from Rockstar parent company Take-Two. GTAO, meanwhile, has been popular enough that Rockstar launched a GTA+ subscription service this year to profit from the game's biggest fans. GTA VI may arrive more than a decade after its predecessor, but its creators won't suffer much from the long wait.

Volkswagen begins ID.4 electric vehicle production in the US

Volkswagen has begun producing its all-electric ID.4 crossover SUV in the United States. The automaker announced on Tuesday that it plans to scale production of the ID.4 at its Chattanooga, Tennessee factory to 7,000 vehicles per month by the end of 2022 before further increasing output throughout 2023.

According to Volkswagen, customers can expect deliveries to begin by October, starting with both rear- and all-wheel-drive variants of the 82kWh model. Later this year, the facility will begin manufacturing the more affordable 62kWh variant as well. To date, the automaker says it has delivered more than 190,000 ID.4 units globally since it launched the crossover last year.

Volkswagen credits this week’s milestone to an $800 million investment the company made to electrify its Chattanooga factory. With today’s announcement, the facility is now one of six sites worldwide where Volkswagen is producing electric vehicles. In March, the automaker said it would spend $7.1 billion over the next five years to increase its North American EV production capacity. By 2030, Volkswagen plans for electric vehicles to account for about 55 percent of its sales in the US.

Mercedes EQXX first drive: Driving the future of Mercedes

Mercedes had a singular goal: Build a one-off concept vehicle that could travel 1000 kilometers (621 miles) on one charge from a battery pack slightly smaller than 100kWh. The result was the EQXX, a coupe that looks as good as the technology that powers it. Typically these vehicles are off limits to anyone outside of a chosen few within an automaker. But Mercedes decided to let us behind the wheel for a test drive.

Designed to slip through the air with as little drag as possible, the EQXX doesn’t wow with off-the-line performance. Instead, the power really comes after you’ve gotten to highway speed. But even then, the concept vehicle is an efficiency machine that feels like the future. Mercedes has no plans to put the EQXX into production, but what it's learning now will at some point land in its vehicles. Watch the video below for the full story.

Ford is reportedly planning to cut 8,000 jobs to help fund its EV plans

Ford is reportedly planning to cut up to 8,000 jobs over the coming weeks in an effort to fund its plans to build EVs, according to Bloomberg. The layoffs would occur at its Ford Blue unit, recently created to develop vehicles with internal combustion engines (ICE), and would affect other salaried positions in the company. The bulk of cuts are expected to occur in the US.

In March, Ford CEO Jim Farley restructured the company, dividing it into the Ford Blue and Model E divisions, with the latter dedicated to electric cars and pickups like the Mach E and F150 Lightning. As part of that, he announced plans to cut $3 billion in costs by 2026, with the aim of transforming Ford Blue into "the profit and cash engine" for the entire company.

"As part of this, we have laid out clear targets to lower our cost structure to ensure we are lean and fully competitive with the best in the industry," Ford's CCO Mark Truby told Bloomberg in a statement, without revealing more details about the cuts. Ford currently employees around 31,000 salaried US workers. 

In March, the automaker announced plans to boost electric vehicle spending to $50 billion and plan to build two million EVs by 2026. The company sold just 27,140 EVs stateside last year, but got a significant 76.6 percent boost last month as shipping commenced for the F-150 Lightning. 

250,000 car deliveries in one quarter can't save Tesla from dwindling revenue

The supply chain issues that have wracked the rest of the automotive industry for more than a year appear to have finally caught up with Tesla. The EV automaker announced on Wednesday's Q2 investors report that its automotive revenue has declined by more than 13 percent following last quarter's record-breaking mark despite ending the quarter with "the highest vehicle production month" in company history. 

Per the company, Tesla produced 258,580 vehicles last quarter and delivered 201,304 of them. During last quarter's investor call, CEO Elon Musk estimated that the company could increase its annual deliveries by 60 percent in 2022. To date, the company has delivered 564,743 vehicles and would need to sell another 935,257 of them by year's end to meet that goal. 

This could prove challenging given that the company produced nearly 18 percent fewer vehicles this quarter than last (though still up 27 percent year over year). COVID-related lockdowns shuttered the Shanghai Gigafactory for most of Q2, though ramping production at the newer Austin and Berlin-Brandenburg plants have helped offset the closure. Austin has begun producing vehicles with the company's new 4680 battery cells and the Berlin Gigafactory notched a production rate of more than a thousand vehicles in a single week during the last three months. 

Tesla had generally managed to avoid the supply chain woes that have hamstrung the automotive industry since the start of the pandemic — until now. The MSRP of a Model Y long-range currently sits just under $66,000, that's 30 percent higher than it cost in 2021. 

The company was sure to point out that its total revenue grew 42 percent year over year to $16.9 billion, operating income had improved year over year to $2.5 billion (with an impressive 14.6 percent operating margin) and is currently sitting atop a $18.9 billion pile of cash.

This is thanks in large part to Tesla's liquidating 75 percent of its Bitcoin holdings (worth $936 million) over the past three months. The company invested $1.5 billion in the digital pseudo-currency in February 2021 and sold off a 10 percent stake a couple months later. Tesla's backing of Bitcoin, much as with Musk's pet Dogecoin currency, helped to further mainstream the crypto schemes. Musk reportedly had "a super bad feeling about the economy" in June. 

Tesla executives are scheduled to hop on an investor teleconference after markets close this afternoon at 5:30 pm ET / 2:30 pm PT so stay tuned for updates live from the call. 

Developing...

Jury finds Tesla just '1%' responsible for a Florida teen's crash

Tesla is receiving minimal blame for a fiery 2018 crash in South Florida, which killed two teenagers and injured another. A jury today found Tesla just one percent responsible for the crash, reports the AP, which means it's only responsible for paying $105,00 of the $10.5 million awarded to the teen's family. 90 percent of the blame was placed on the teen driver, Barrett Riley, while his father James Riley received nine percent of the blame.

According to an NTSB investigation, Barrett Riley was driving at 116 mph in a 30 mph zone near Fort Lauderdale Beach. The agency concluded he most likely lost control of the vehicle. James Riley initially sued Tesla over the crash, claiming that it would have been survivable if the electric car's lithium ion batteries hadn't “burst into an uncontrollable and fatal fire." He also noted that the company removed a speed limiter that was meant to keep the vehicle under 85 mph. An investigation later found that his son had asked a Tesla dealership to remove that limiter.

Tesla lawyers argued that Riley's parents were negligent by allowing him to drive the car, despite his record of reckless driving and speeding. They denied negligence on the company's part. After the crash in 2018, Tesla released an update allowing drivers to set their own speed limits, a feature initially dedicated to Barrett Riley.

GM previews the 2024 Chevrolet Blazer EV and SS model

GM previewed its 2024 Chevrolet Blazer EV today, adding the two-row mid-size crossover [in a variety of trims, including the SS performance model,] to its growing lineup of all-electric cars. As far as SUVs go, the Chevy Blazer hasn’t ever been the most eye-catching or highest rated. But the new Blazer EV could stand out as a solid, reasonably priced electric mid-sized SUV in a market filled with (way too many) options. The vehicles include a 11.5 kW AC charging module for at-home charging and charging capability of up to 190 kilowatts. Roughly 10 minutes of charging will add up to 78 miles of range. 

The 2024 Blazer EVs take things in a dramatically different direction than older models of the Blazer, at least design-wise. The exterior is a tad more aggressive and futuristic than older models of the Blazer. The RS model features 21-inch wheels and a black grille and accents and the SS features a black roof, ultra-thin 22-inch wheels. Depending on the size of the battery pack, the RS has a maximum range of 320 miles, while the SS can run for 290 miles. The SS model can produce up to 557 horsepower and has a high-performance mode known WOW (Wide Open Watts) mode that can enable 0-60 mph times of less than 4 seconds. Both the RS and SS models feature heated front and rear outboard seating (though on the RS it’s an additional charge) and a flat-bottom steering wheel and sculpted vents.

The most bare-bones option of the bunch, the LT (with two different trim levels), comes with 18-inch wheels and a monochromatic coat. The 2LT delivers an estimated range of 293 miles, while the 1LT can go for 247 miles on a single charge.  

The vehicles are all equipped with a 17.7-inch-diagonal screen and Chevy's infotainment system. To top it off, the Blazer EV is built on GM’s Ultium EV platform, which kind of serves as a unified battery system for all of GM’s electric vehicles. The automaker believes that using just one battery — the Ultium — for all of its EVs will cut down production costs and allow it to easily convert to an all-electric lineup by 2035.

The new cars will arrive next year: The 2LT and RS will debut in the summer of 2023, and are priced starting around $47,595 and $51,995, respectively. The SS will arrive later next year, and starts at $65,995. Finally, the 1LT will debut sometime in the first quarter of 2024 and start at $44,995.

Polestar’s electric SUV will start at €75,000

Polestar won’t officially debut its next EV until this fall, but the company has shared initial pricing information. Earlier this week, Polestar CEO Thomas Ingenlath said the Polestar 3 would start at €75,000 and top out at around €110,000, reports Automotive News Europe (via Autoblog). With the current parity between the euro and dollar, the automaker’s first electric SUV could cost between $75,700 and $111,000 when it arrives in the US.

Of course, with Polestar 3 production not slated to start until early 2023, the exchange rate could tip back in favor of the euro, but Ingenlath’s comments give us an idea of where the automaker plans to position the EV. A $75,000 price tag would put the base model Polestar 3 in about the same category as the Tesla Model Y and Rivian R1S, which before incentives cost $69,990 and $72,500 in their respective Performance and Explore trims. Meanwhile, you’re looking at a car in Model X territory with the top-end model.

There’s still a lot we don’t know about the Polestar 3’s specs, but the company has said the SUV would feature the same dual-motor powertrain as the Polestar 2 and a 372-mile range. Polestar also shared that it plans to produce the vehicle in the US partially. We’ll likely learn more about the SUV before its October debut.

Take a look at Hyundai's electic and hydrogen N concepts

Hyundai's Ioniq lineup of EVs launched just a couple years ago but the wild and varied styling quickly caught the public's imagination. Now for "N-Day," the company has unveiled two new concept vehicles under the Ioniq N performance brand ("N" for "Never Just Drive"), that take that design theme even farther.

Hyundai

The RN22e is an electric performance car with the RN signifying "rolling lab" and N concept, according to Hyundai. It clearly uses the Ioniq 6's body, but also has the same E-GMP battery and motor platform common to the Ioniq series. As a performance concept, though, it uses the maximum spec available, similar to the Kia's EV6 GT — dual motors that put out a combined 577 horsepower and 546 pound-feet of torque, powered by a 77.4 kWh battery. It also has racing upgrades like four-piston brake calipers and 15.75-inch rotors. 

Hyundai

The "rolling lab" moniker means there's some experimental stuff going on, too. Hyundai is testing out ways to use regenerative braking to change the car's handling, much as you would use torque steering in an all-wheel-drive vehicle. And since one complaint about EVs is that they lack the powerful sounds and feel of ICE cars, Hyundai is using something called N Sound+ to apply artificial noises and even vibrations through the chassis. 

Hyundai

The Hyundai N Vision 74 electric/hydrogen concept, meanwhile, could not be more different. As the name suggests, it's based on the 1974 Hyundai Pony Coupe concept designed by Giorgetto Giugiario. It also borrows from the more recent Pony 45 concept with similar pixelated lights and other features. 

As the huge wing and racy looks suggest, the N Vision 74 has an even badder spec sheet. Two rear electric motors output 670 horsepower and 664 pound-feet of torque, while also allowing for torque vectoring. Along with the 62.4-kWh battery pack, it carries a 4.2-kg (10 pound) hydrogen fuel tank with an 85-kWh fuel-cell stack. That would offer a total range of around 373 miles, Hyundai said. 

Hyundai

The N Vision 74 looks more like a way to test concepts and styling rather than anything Hyundai will ever produce. However, the RN22e certainly looks like a feasible performance version of the Ioniq 6 for those who dig the egg-like styling. Concepts aside, though, Hyundai is planning to release its first performance N-brand production vehicle next year with the Ioniq 5 N, spied earlier this year in camouflage