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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

This is also true of the industry itself, which often makes bold promises designed to appease a subset of the public only to repeatedly move the target date back a few years.& However, Porsche Chief Financial Officer Lutz Meschke was quoted by Automotive News on Thursday casting some doubts.&

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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

According to this report, the average used Tesla Model 3 and Model Y has only depreciated roughly 10% over the past three years, which is significantly less than counterparts from Mercedes, Lexus, and even Porsche. The post Used Tesla vehicles crush industry average depreciation despite price cuts appeared first on TESLARATI.

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Scania Signs Development Agreement with Porsche for Next-Generation of Truck Cabs

Green Car Congress

Scania has selected Porsche Engineering Group GmbH as its partner in the development of the next generation of truck cabs. Porsche Engineering Group GmbH provides highly advanced engineering services in areas such as material analysis and structural testing, as well as design of production equipment and logistics.

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Porsche 911 GT3 R Hybrid Using Williams Flywheel KERS

Green Car Congress

Porsche AG will introduce the 911 GT3 R hybrid for production-based GT racing at the upcoming Geneva Motor Show in March. The first is the development of an industrial-application large Magnetically Loaded Composite (MLC) flywheel—essentially a wholly composite flywheel which integrates the magnets of the electric motor into the composite.

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European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said. Tags: Brief.

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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. Tags: Electric (Battery) Plug-ins Policy.

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Resale values crucial for supercar segment growth: Lalit Choudary, Infinity Cars | Autocar Professional

Baua Electric

The supercar industry has lately been booming in India, with carmakers like Porsche and Lamborghini registering record domestic sales over the last couple of years. Residual value drives trade-ins Despite the sky-high price tags that supercars come with in India, there’s a thriving appetite for them.