Californian EV manufacturer, Rivian, has posted a net loss totalling US$1.6 billion for the first quarter of this year, while reporting revenue figures of $95 million. In spite of the less than desirable figures, Rivian says that it is on track to meet its annual production estimates of 25,000 deliveries […]
Toyota posts record profits for 2022 fiscal year, despite challenges
Toyota has made it clear it won’t let nightmarish supply chain constraints or production halts get in the way of its profits, after the company posted record-setting revenue, net income and operating profit figures for the 2021-2022 fiscal year. In its latest earnings call, Toyota reported an operating profit jump […]
2023 Maserati MC20 coupe & Cielo roadster updates announced
Maserati has given its MC20 lineup a considerable price hike for the latest 2023 model year, but is looking to sweeten the deal with added standard features for its Lamborghini Huracan and Ferrari F8 Tributo rival. Maserati’s hardtop MC20 coupe comes priced from $467,000, marking a $29,000 price increase, while […]
2022 Hyundai Kona N review (video)
Hyundai has successfully matured into a reputable performance car manufacturer with its N division. By now, any driving enthusiast would know about them. But as many buyers crave SUVs, how can we still get that performance? Por qué no los dos? The Hyundai Kona N combines its small SUV origins […]
GWM confirms July launch for Haval H6 GT SUV in Australia
After considerable delays, GWM Australia says it is gearing up for a July launch for its sporty mid-sized SUV, the Haval H6 GT. The H6 GT was originally set for launch earlier this year, however, GWM was plagued by production slowdowns and supply chain restrains that meant it only entered […]
Startup ‘ONE’ testing dual-chemistry 965km-range battery in BMW iX
A startup company in the US called Our Next Energy (ONE) says that it is nearing a major breakthrough in electric vehicle technology, currently testing out a new long-range “dual-chemistry” battery in the BMW iX. The company says that its Gemini battery uses a dual chemistry makeup utilising two types […]
Polestar 5 prototype to debut at 2022 Goodwood Festival of Speed
Polestar is set to give the public a sneak peak of its upcoming all-electric four-door GT, called the Polestar 5, by unveiling a prototype at the upcoming 2022 Goodwood Festival of Speed. A prototype version of the Polestar Precept – the concept that will eventually evolve into the Polestar 5 […]
2022 Porsche Taycan Turbo Cross Turismo review (video)
Say hello to the quickest-accelerating station wagon we’ve ever tested, and probably the quickest wagon currently on the market. It’s the Porsche Taycan Turbo Cross Turismo. Firstly, no. It does not feature a turbocharger; this is a fully electric vehicle and one of many on the way from the storied […]