FutureCar Staff
Articles
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Global Automakers Seek Electric Vehicle Insights from China
Nov 27, 2023 3:17 PM WSTVolkswagen is turning to China's electric vehicle industry to learn how to accelerate manufacturing and compete with local rivals. As China's auto market shifts to electric vehicles, Volkswagen aims to keep its position as the top manufacturer by understanding how Chinese companies can produce affordable and technologically advanced electric cars in less time.
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Toyota's Latest Concept EVs Offer Enhanced Comfort and Enjoyment
Nov 27, 2023 3:17 PM WSTToyota has unveiled two concept EVs, Comfortable Space and Enjoyable Space, at the Guangzhou Auto Show in China. These electric vehicles, developed in partnership with Guangzhou Automobile Group Co (GAC), will be exclusive to China. The Comfortable Space is a sedan with a sleek design and features such as slim LED lights and frameless doors. The Enjoyable Space is an SUV with pop-out door handles and regular wing mirrors. The exact launch date and pricing for these EVs are yet to be announced.
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Brexit Britain's Surprise Victory: Nissan's £2billion Investment
Nov 27, 2023 3:16 PM WSTNissan's £2 billion investment in its Sunderland electric car plant has been praised for its Brexit benefits, with the company stating that the impact of leaving the EU has been "negligible". The investment will triple Nissan's investment in the UK and includes plans to produce two new electric vehicle models. The move has been welcomed by Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt, who believe it will safeguard the future of the British car industry.
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Mitsubishi Minivan EV: Extended Range, Japan Launch
Nov 27, 2023 3:16 PM WSTMitsubishi is launching a new Minivan EV in Japan in December. The electric vehicle offers a range of 112 miles per charge, an increase of 35% compared to the previous model. It features a compact design suitable for urban areas and is equipped with safety features such as automatic high beam and collision mitigation. The Minivan EV also has improved front and rear shocks for a smoother ride.
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Former Ford fleet director passes away
Nov 27, 2023 3:16 PM WSTFormer Ford fleet director and fleet industry stalwart, Mike Wear, has passed away after battling cancer. Wear had a long and successful career at Ford, starting as a graduate trainee and eventually becoming the director of Ford of Britain fleet operations. He was instrumental in setting up Ford Direct and played a significant role in the company car market. After retiring from Ford, Wear worked for Motability Operations and was awarded an OBE for his public service.
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BMW Reintroduces XM Label as High-Powered Safety Car
Nov 27, 2023 3:15 PM WSTThe BMW XM Label Red, the most powerful road-going M car, will be the safety car for MotoGP 2024. It features a grey livery, Recaro racing seats, and an electric drive system. With 550 kW and 1,000 N.m of power, it is an upgraded version of the regular XM. The safety car also includes BMW's M Active Professional system and high-performance brakes. It will debut in March 2024 in Qatar.
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Stainless Steel Hinders Tesla's Cybertruck Launch
Nov 27, 2023 3:15 PM WSTTesla's Cybertruck has faced delays in its rollout due to the use of "ultra-hard" stainless steel for its outer shell. The metal, which is dent-resistant, has proven difficult to mold properly for Tesla. Combined with supply chain issues and design flaws, this has caused delays in production. Tesla has just started displaying the Cybertruck in showrooms, three days before its latest self-imposed shipping deadline.
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Creditor in talks to acquire Volta Trucks
Nov 27, 2023 3:14 PM WSTLuxor Capital Group is in advanced discussions to acquire Volta Trucks, an electric truck manufacturer that filed for bankruptcy last month. The collapse of its battery supplier and the impact of Proterra's Chapter 11 bankruptcy significantly affected Volta's manufacturing plans and ability to raise capital. Luxor Capital, a shareholder and lender to Volta, is reportedly close to finalizing a deal to buy the business, potentially saving 850 jobs.
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Forecaster reduces 2027 electric vehicle sales forecast
Nov 27, 2023 8:18 AM WSTThe Office for Budget Responsibility (OBR) has lowered its projections for electric vehicle (EV) sales in the UK due to factors such as higher interest rates and falling fuel prices. The OBR now expects EVs to represent 18% of sales in 2023 (down from 25%) and 38% in 2027 (down from 67%). The absence of low-cost EVs, concerns about public charging points, and the delayed ban on new internal combustion engine vehicle sales are seen as obstacles to adoption.
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Global Automakers Seek Electric Vehicle Insights from China
Nov 27, 2023 8:18 AM WSTVolkswagen is turning to China's electric vehicle industry to learn how to speed up manufacturing and compete with local rivals. The German automaker, which has been losing market share in China's growing electric car market, is trying to catch up to Chinese manufacturers that can produce affordable and digital electric cars in less time.
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