automobiles3.84 min read
Ferrari's Luce hits a $40m sale at Monterey, redefining new-car auctions
8 days ago•Source: ft.com
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4.935 min•1 month ago
Ford and Geely form Valencia JV to reboot Europe’s car production
Ford and Geely will form a Valencia, Spain manufacturing joint venture (Ford 66%, Geely 34%) to produce two EVs and jointly develop Ford’s next crossover due in 2028, aiming to lift Valencia’s utilisation toward full capacity and cut European production costs as Ford seeks to revive its European business amid competition from Chinese brands; government support details were not disclosed.
5.915 min•2 months ago
Ferrari’s Luce electrifies Italy’s debate over the Agnelli dynasty
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"Honda Explores $14 Billion EV Production Plant in Canada"
Honda is considering investing $14 billion in building an electric vehicle plant in Canada, which would be one of its largest investments. The project may involve in-house production of batteries and would be Honda's second EV factory in North America as it aims to compete with U.S. and European rivals in EV production.
Toyota's Solid-State Battery EVs with Up to 932 Miles of Range Coming Soon.
Toyota plans to release an electric vehicle powered by an all-solid-state battery as early as 2027, with the technology expected to more than double the car's range from a single charge. The Japanese automaker revealed the plans in a recent briefing and expects the technology to be commercialized in 2027 or 2028. Toyota aims to sell 3.5 million electric vehicles a year by 2030.