Tag Archives: automotive commentary automotive blog

Arcimoto Get $4.5m to Make Golf-Cart Like EV

The financing, led by FOD Capital, LLC, included the purchase of 500,000 shares of Arcimoto’s common stock at a purchase price of $3.00 per share, as well as the issuance of a $3.0 million senior secured note, which bears 10% interest over a one-year term, and a warrant to purchase 942,857 shares of registered FUV common stock for $3.50 per share. Continue reading

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CARB, 21 Attorneys Generals, Oakland, Los Angeles, San Francisco, New York Demand Trump Stop Clean Air Act Gutting

The comments include arduous legal and technical analyses outlining the consumer, climate and public health benefits of the current achievable standards. It says that Trump’s politically headed EPA (the agency’s extensive studies conclude the regulation is acting as intended) and NHTSA proposal has many flaws, use of faulty assumptions, incorrect modeling, cherry-picked data and a fundamental misunderstanding of consumer behavior. Continue reading

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New Ford Ads Promise Smarter Vehicles Tomorrow

The ads talk about Ford’s new vehicles in the hot-selling SUV and truck segments, including the Ranger pickup, which starts production this month at Ford’s Michigan Assembly Plant, and the new Escape and Explorer on sale next year. Continue reading

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Chattanooga Choo Choo – 100,000 VW Atlas SUVs Made

Volkswagen Chattanooga has achieved a production milestone with the completion of the 100,000th Volkswagen Atlas. This comes as President Trump is – for the moment with his short attention span – targeting very profitable European automakers – such as VW Group Members Audi and Porsche for punitive import tariffs. Continue reading

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Mahindra, Ford Agree on Connected Car, Powertrain Sharing

Both companies “continue to make progress on the remaining MoUs signed earlier this year. This includes leveraging their respective strengths on product development for India and emerging markets, including co-development of compact SUVs and electric vehicles.” Translation: Ford can’t afford to develop EVs on its own. Continue reading

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Arizona Picks Intel to Lead Automated Vehicle Safety Institute

Partners include Intel, the Arizona Department of Transportation, the Arizona Department of Public Safety, the Arizona Commerce Authority, Arizona State University, the University of Arizona and Northern Arizona University. Continue reading

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Beware of Self Interest in Mobility Promotion says NADA

“I get it. You can’t go to an automotive or a tech conference these days without hearing about the end of personal vehicle ownership,” he said. “But I’m asking you: Question the hype, ask for proof, and find out what they’re not telling you. The future will work itself out regardless. I just want us to be informed in the meantime.” Continue reading

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Smithsonian’s National Air and Space Museum to Begin Seven-Year $650m Renovation

For the first few years, some of the most popular artifacts will remain on display, including the “Spirit of St. Louis,” the 1903 Wright Flyer, Bell X-1, the Apollo Lunar Module and Skylab. The first set of galleries are scheduled to reopen in 2022. Continue reading

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