Tag

Electric Car

All articles tagged with #electric car

automotive1 year ago

Bugatti Unveils $4M Tourbillon Hypercar with 1,800 HP Hybrid V16

Bugatti has unveiled the Tourbillon, a $4 million hybrid supercar featuring a unique steering wheel with a fixed instrument cluster. The car combines an 8.3-liter V16 engine with three electric motors, producing a total of 1,800 horsepower. It boasts a top speed of 277 mph and accelerates from 0-62 mph in under two seconds. The interior is lavish, with materials like titanium, sapphire, and ruby. Only 250 units will be made, with deliveries starting in 2026.

business1 year ago

"Tech Giant Apple and Snap Announce Major Layoffs in California and Globally"

Apple is laying off over 600 employees in California, with 614 employees in Santa Clara County and 121 in San Diego County being affected. This comes after the cancellation of its electric car plans, with employees from the Special Projects Group being moved to an artificial intelligence team. The company declined to comment on the layoffs, which coincide with its ongoing antitrust challenge from the Department of Justice regarding its control of the smartphone market.

technology1 year ago

"Apple Cuts 600 California Jobs Amid Electric Car Project Closure"

Apple is laying off 614 employees in California after abandoning its electric car project, with most affected employees working on buildings related to the canceled car project and others at a facility for next-generation screen development. The company wound down both projects in February, with some employees being shifted to Apple’s generative AI projects. These layoffs mark Apple’s first major round of job cuts post-pandemic.

businesstech1 year ago

"Apple Cuts 614 California Jobs Following Electric Car Project Cancellation"

Apple is laying off 614 workers in California after canceling its Project Titan electric vehicle effort, impacting eight offices in Santa Clara County. The job cuts will affect roles such as "machine shop" managers, product design engineers, and hardware engineers. The decision to scrap the project, which surprised nearly 2,000 employees, came after the company spent billions of dollars on it. Some workers will be redirected to Apple's generative artificial intelligence division, while others will be laid off. Apple had been rumored to be working on an autonomous electric taxi to compete with Tesla, and had previously obtained a permit to test self-driving vehicles in California.

business-automotive1 year ago

Xiaomi's $29,900 Electric Car Challenges Tesla in Cutthroat EV Race

Xiaomi has unveiled its electric car, the SU7, which will be priced at 215,900 yuan ($30,408) in China, undercutting Tesla's Model 3. The company plans to start deliveries by the end of April and claims that its car factory can produce an SU7 every 76 seconds. The car is entering a competitive market in China, where other companies are launching new models and cutting prices. Xiaomi's CEO also announced a "Max" version of the SU7 aimed at competing with Porsche's Taycan, priced at 299,900 yuan.

business1 year ago

"Fisker's Drastic Price Cuts: Ocean SUV Now Available for $24,999 Amid Financial Struggles"

Fisker has slashed prices on its Ocean EV by as much as $24,000 in an effort to stay afloat amidst rumors of bankruptcy. The company has faced challenges including delayed SEC filings, staff reductions, and failed bailout plans. Despite negative reviews, Fisker hopes the price cuts will boost sales and provide much-needed financial relief.

automotive1 year ago

"Volkswagen Unveils High-Performance Electric ID.3 GTX and ID.7 GTX Tourer Models"

Volkswagen has announced the ID 3 GTX, a rear-wheel drive electric hot hatch that serves as the electric replacement for the Golf GTI. Available in standard and Performance trims, the GTX model features unique exterior and interior tweaks, with the Performance variant boasting 321 horsepower and a 0-60 time of 5.6 seconds. With an estimated 372 miles of electric range and fast charging capabilities, the ID 3 GTX is a promising addition to Volkswagen's electric lineup, although it may not be available in the U.S. market.

businesstech1 year ago

"Xiaomi's Electric Car Set to Challenge Tesla and Boost Stock"

Xiaomi, one of Apple's biggest Chinese smartphone rivals, is set to launch its first electric vehicle, the Speed Ulta 7 (SU7), in China at the end of this month, just a month after Apple abandoned its own electric vehicle project. Xiaomi's CEO, Lei Jun, has managed to achieve this feat in just three years, leveraging partnerships and existing infrastructure in the Chinese EV industry. However, Xiaomi will face challenges in a competitive EV market, especially as it aims to target the "premium" segment.

automotive1 year ago

"Porsche Taycan Turbo GT: Unveiling the World's Fastest Electric Sports Car"

Porsche has introduced the new Taycan Turbo GT with a starting price of $231,995 in the U.S., offering the option of a Weissach package. The car comes with various customization options, including color wraps and decal choices, as well as Paint to Sample programs. It features a powerful dual-motor setup, reaching 1,092 hp for short bursts and achieving a 0-60 mph time of 2.1 seconds with the Weissach package, topping out at 190 mph.

technology1 year ago

"Xiaomi's Electric Car Launch Set to Challenge Tesla in China"

Xiaomi announced the formal launch of its long-awaited electric car, the SU7, on March 28, with deliveries expected to begin soon after. The company has opened a waitlist for 59 stores in 29 Chinese cities, targeting the premium segment and aiming for deliveries to start in the second quarter. While the car was revealed at Mobile World Congress Barcelona, Xiaomi indicated it could be a few more years before the vehicle is sold overseas.

automotive1 year ago

"Porsche's 1,000-Horsepower Taycan Turbo GT: A Record-Breaking Electric Supercar"

Porsche has unveiled its new electric Taycan sedan models, the four-seat Taycan Turbo GT and its two-seater sister Taycan Turbo GT with Weissach package, both set to be available this spring. The Turbo GT models boast impressive acceleration and top speeds, with up to 1,092 horsepower and a range of about 344 miles. These new models mark Porsche's continued expansion in the electric vehicle market, following the success of its Taycan sports car line introduced five years ago.

automotive1 year ago

"Porsche's Taycan Turbo GT Shatters Lap Records with 1000+ Horsepower"

Porsche's upcoming Taycan Turbo GT and Taycan Turbo GT with Weissach package have set record lap times at Laguna Seca and the Nürburgring, with the latter earning the title of fastest electric series-production car at Laguna Seca and setting a new class record on the Nürburgring. These all-electric GT sports cars boast over 1,100 PS of power, improved longitudinal dynamics, and an Attack Mode for additional power. Equipped with a more powerful pulse inverter and various lightweight construction and aerodynamics measures, these models raise the bar in driving dynamics, delivering exceptional acceleration, braking, and cornering grip. The Taycan Turbo GT and Taycan Turbo GT with Weissach package are set to be delivered to customers from spring.

technology1 year ago

"Inside Apple's Turbulent Journey to Build a Car: Talks with Mercedes, Design Details, and the Demise of a Dream"

Apple had been working on its own electric car project since 2014, with negotiations for partnerships with Mercedes-Benz and Ford, discussions with Elon Musk about buying Tesla, and even a potential deal with luxury automaker McLaren. The ambitious project, initially led by CEO Tim Cook, faced challenges and frustrations, leading to the shutdown of the Titan project, costing Apple around $1 billion a year.