Posts by Devon Taylor
EV Maker Lucid Motors To Go Public In SPAC Deal
Electric vehicle maker Lucid Motors is planning to go public. It will happen at an $11.75 billion (USD) valuation through a special purpose acquisition company (SPAC) deal. The deal is between the California-based Lucid and blank-check company Churchill Capital Corp IV. To date, it’s the largest in a series of such deals involving EV companies.…
Read MoreNASA Rover Successfully Lands On Mars
The NASA Perseverance rover has safely landed on Mars. After a long 292.5-million-mile journey from Earth, it’s already sent back its first images from the Red Planet. If you’re wondering why we, a site obviously all about vehicles, are posting about a NASA rover on Mars, well, we just think it’s really frickin’ cool. Or,…
Read MoreGeneral Motors Launches Autonomous Vehicle Test Track in Canada
General Motors has officially opened its autonomous vehicle test track in Oshawa, Ontario, Canada. They will start using it to develop advanced technologies for both electric and self-driving cars, trucks and SUVs. The new facility is called the CTC McLaughlin Advanced Technology Track, or CTC MATT for short. The “CTC” identifies the track as part of…
Read MoreLexus Named Most Dependable Brand In J.D. Power Survey
Lexus has regained its crown as the most dependable vehicle, according to the latest rankings from J.D. Power & Associates. Overall, long-term reliability measures posted their best result ever in the 32-year history of J.D. Power’s annual Vehicle Dependability Study. A total of 121 problems per 100 vehicles surveyed were reported in the latest study.…
Read MoreTesla Cuts Price Of Model 3 Sedan In Japan
Electric vehicle maker Tesla has slashed the price of its Model 3 in Japan. It’s part of their efforts to build a bigger presence in Asia and create demand. The Japanese market has been a bit slow to embrace electric vehicles so far. The base price of the standard Model 3 has been cut to…
Read MoreMercedes To Recall 1.3M Vehicles Over Emergency Locator Glitch
Mercedes-Benz is recalling 1.29 million vehicles in the United States over an issue with its eCall emergency location system. The system is designed to send an accurate location to emergency responders in the case of an accident. However, a recently discovered glitch in the system can cause the wrong location to be sent out. Obviously,…
Read MoreVolkswagen To Double Their Electric Vehicle Output This Year
Volkswagen plans to double its sales of fully electric vehicles this year. They also forecast to overtake market leader Tesla by 2025. The German automaker aims for EVs to be 6-to-8% of sales this in 2021. That would be up from just 3% in 2020, according to a presentation by CEO Herbert Diess recently published…
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