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Porsche to invest more than $7.4B in electromobility by 2022

Green Car Congress

Porsche will invest more than €6 billion (US$7.4 Plans for derivatives of the Mission E are also under way: last week at the Geneva show, Porsche presented a production-ready concept study of the Mission E Cross Turismo. —Oliver Blume, Chairman of the Executive Board of Porsche AG. billion) in electromobility by 2022.

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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

.& With this in mind, Porsche’s CFO was recently quoted as saying European combustion bans will probably need to be delayed and there’s good reason to believe him.& & As things currently stand, the European Union has plotted banning the sale of new combustion-engine cars by 2030. In 2022, the EU estimated that 21.6-percent

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Rivian hires former Porsche exec Kjell Gruner as gross sales eminent

Baua Electric

In the second one quarter this date, Rivian stated it produced 13,992 cars at its Customary, In poor health., The ones numbers had been much better than manufacturing of 9,395 cars and gross sales of seven,946 within the first quarter. Gruner joined Porsche in 1999 from Boston Consulting Team.

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Tesla Style S ‘Ring report, Lexus LBX: Automobile Information Headlines

Baua Electric

A Tesla Style S Plaid has lapped Germany’s Nürburgring in report date for a manufacturing electrical car, due to a minute assistance from the car’s fresh Monitor Package deal. You’ll to find those tales and extra in these days’s automobile information, proper right here at Motor Authority.

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Porsche brings the V-8 again to its ultimate gas-powered Cayenne

Baua Electric

LOS ANGELES — Porsche has put the combustion engine Cayenne at the trail to depart, however first, the automaker is giving the workhorse midsize crossover a midcycle freshening that feels extra like a redesign. To raise the riding revel in, Porsche has dialed up engine output around the Cayenne lineup. of Cayenne gross sales. .”

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2024 Hyundai Ioniq 5 N, 2024 Nissan GT-R: Nowadays’s Automobile Information

Baua Electric

The Hyundai N efficiency skunkworks is akin to revealing its first electrical automobile within the method of a tuned Ioniq 5. The wave R35-generation Nissan GT-R has been on sale because the 2009 style pace, and it presentations deny indicators of going away.

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VW ID 3 Deposits; Porsche diesel fines; best deals; Colorado EV pushback: Today's Car News

Green Car Reports

Volkswagen gathered 10,000 deposits for its new ID 3 electric car. Germany fined Porsche $600 million over diesel-emissions cheating. The Alliance of Automobile Manufacturers headed to Colorado to head off the state's effort to mandate electric vehicle sales there.