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China-based GAC to debut new SUV, hybrid crossover and EV at Detroit show; planning NA market entry in 2018

Green Car Congress

At the North American International Auto Show (NAIAS) next week, China-based GAC Motor will unveil three new vehicles: a new SUV, a hybrid crossover concept car, and an elecric vehicle developed internally. GAC is the only Chinese automaker to exhibit at the 2017 NAIAS and is also the first Chinese automaker to present on the main show floor.

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First prototype carbon fiber chassis delivered from new £50M McLaren Automotive innovation and manufacturing center

Green Car Congress

The MCTC was opened in Yorkshire last year by the Duke and Duchess of Cambridge alongside HRH Prince Salman bin Hamad Al Khalifa, the Crown Prince of Bahrain, as part of McLaren’s ambitious plans to increase the rate of innovation of its lightweight carbon fiber chassis that are at the heart of all its cars.

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New Toyota TS040 HYBRIDs take 1st and 2nd at Six Hours of Silverstone in UK; new Porsche 919 Hybrid takes 3rd

Green Car Congress

Toyota Racing scored a one-two finish (#8 taking first, #7 second) from pole position in the Six Hours of Silverstone with its new TS040 HYBRIDs ( earlier post ) in a the first race of the 2014 FIA World Endurance Championship season. Both Toyota cars pitted for new tires, the #7 taking wets and the #8 taking hybrid intermediates.

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Ford is the fastest-growing auto brand in Saudi Arabia ahead of upcoming overseas EV push

Baua Electric

The American automaker is growing in key regions, including the United Arab Emirates, Kuwait, Bahrain, Qatar, and Saudi Arabia. The sales surge is thanks to “Ford’s extensive and freshest portfolio of vehicles,” the company said. Ford said it’s currently the fastest-growing auto brand in Saudi Arabia.

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Bahrain’s Mumtalakat buys out McLaren, secures full ownership over supercar brand: Report | Autocar Professional

Baua Electric

Bahrain’s sovereign wealth fund, Mumtalakat, has assumed full control of McLaren Group, manufacturer of high-end sportscars and majority owner of the McLaren F1 team, BBC reported. The company faced financial challenges during the Covid-19 pandemic, leading to production halts and job losses.

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Could McLaren go all-electric? UAE fund agrees to purchase 100% of the auto business to accelerate its growth

Baua Electric

The company has been rooted in racing since it built the M1 back in the mid-1960s before spinning out as a standalone passenger vehicle manufacturer in 2010. However, that lineup has consisted almost entirely of combustion vehicles, apart from the hybrid V6 Artura , which debuted in 2020.

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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

Green Car Congress

The company, which began deliveries of the Fisker Karma luxury four-door extended range electric sedan in December 2011, also said that it has delivered 1,000 vehicles to customers in the US and Europe. The latest funding has lifted the overall financing beyond $1 billion since the start of the company in 2007. Click to enlarge.

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