Zeekr 007 GT Wagon – first shots
Zeekr is expanding its lineup with the introduction of the 007 GT, an estate variant of its 007 sedan. The Zeekr 007 GT will be known as the Zeekr 7 GT outside of China and will be launched in the...
Author: Karel Svoboda
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Northvolt files for protection from creditors
Swedish electric vehicle (EV) battery maker Northvolt has collapsed, with at least $1 billion needed to save the company. Northvolt filed for Chapter 11 bankruptcy protection in the US late last week, and co-founder Peter Carlsson has stepped down as...
CATL developed an EV chassis with a 1,000 km range
CATL announced that its EV CIIC skateboard platform completed testing in China and achieved a 1,000 km range, consumption of 10.5 kWh/100km, and managed to charge 300 km in 5 minutes. The car it was sitting on was B class...
Turkish Airlines in Talks With Airbus to Purchase 355 Planes
Order would be largest in the Turkish carrier’s history. Airline chairman talked in May of possible 600-plane order. Turkish Airlines is in talks with Airbus SE for what would be the biggest order in the carrier’s history if finalized. Management...
MBDA and PGZ sign $5 billion deal for Poland’s air defense
The U.K. arm of missile-maker MBDA and the Polish defense company PGZ have signed a contract to work on the next phase of Poland’s anti-air missile program, the two countries announced Wednesday. The deal, worth more than worth more than...
Toyota’s CEO To Step Down As New Chief Will Remodel Automaker
Akio Toyoda, the CEO of Toyota Motor Corporation and grandson of the company’s founder, is stepping down after leading the world’s largest automaker for 14 years, according to Nikkei Asia. Chief Branding Officer Koji Sato will replace Akio Toyoda ...
Dassault is preparing flagship bizjet Falcon 10X
Dassault’s new flagship Falcon 10Xis going after the Bombardier Global 7500 and Gulfstream G700 to claim the title of the world’s largest business jet. The French airframe maker says the 10X will have the largest interior in its class. The...
Volkswagen Group CEO: High Energy Cost Make New EV Plants “Unfeasible”
Incentives to buy an EV are starting to vaporize into thin air in places like Japan and the U.K. Now, the irony continues, as rising costs of energy in Europe, helped along by “green” energy policies, are making industrial projects...
BYD sets prices for EV models intended for Europe
Chinese giant BYD, seeking to fast establish a name in Europe, disclosed tentative prices for three full-electric passenger vehicles to be delivered in six European countries. The Atto 3, a compact crossover, will be sold for 38,000 euros. Two midsize model...
Boeing Settles With SEC For $200 Million Over “Misleading Investors” On 737 Max Safety
Boeing Co. reached a $200 million settlement with the Securities and Exchange Commission on Thursday into allegations that the aircraft manufacturer and former chief executive deceived investors and the public about the safety of the 737 MAX plane that kill...
Boeing & Airbus Make Up 91% Of Global Commercial Aircraft Fleets
U.S. based airlines were far and away the largest aircraft carriers, with American Airlines being the world’s largest airline by fleet size since 2019. Interestingly, Delta Airlines was the largest by revenue in 2020, despite a smaller fleet size....
BMW, VW, Skoda Suspend Manufacturing
European automobile manufacturers are suspending the operation of a number of plants due to a shortage of parts delivered from Ukraine. “The problem with wire harnesses is that they are fundamental,” Alexandre Marian, a managing director at consult...
India’s Jet Airways Weights Boeing, Airbus $12 Bln order
India’s Jet Airways is in talks with planemakers Boeing Co. and Airbus SE for an order worth $12 billion. The airline’s new owners, UAE-based businessman Murari Lal Jalan and UK investment firm Kalrock Capital, told Bloomberg News that Jet could...
2022 Mazda CX-50 debuts
Mazda just unveiled the newest member of its growing family of SUVs. Meet the new 2022 Mazda CX-50, with a focus on off-road performance. The CX-50 is visually and, presumably, physically taller than the CX-5 — Mazda hasn’t released detailed spec...