Category: Automakers

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On Nov 1 2022 we will bid on 2022 Ford Escape. Rear fixable damage with clean title and very economic and stylish vehicle. We promote vehicle recycling. Hundreds of cars weekly are written off due to a small repairable damages. Purchasing these cars at fraction of the cost of new vehicle and fixing it is a good thing to for our planet Earth.

 

Top 10 Electric Car Myths, Busted By Sami Haj-Assaad

Electric vehicles (EVs) have seen vast improvements over the years, mitigating many of the concerns shoppers have had about them in the process. Worries about range, reliability, charging infrastructure, and even production have been addressed in some way, with few reasons remaining to keep an EV off your consideration list. Still not convinced? We’re here to help debunk some myths around these all-electric rides.

1 – EVs don’t have enough range

When EVs first hit the mainstream market, their range was a concern since they had small batteries and there weren’t many places to charge them. These two factors have changed significantly, and only a few pure EVs deliver less than 200 km [...]

Murray Slovick JUL 10, 2020

In a Voluntary Safety Self-Assessment (VSSA) report filed with the U.S. National Highway Traffic Safety Administration (NHTSA), BMW said it plans to introduce what could become the first system on U.S. roads to qualify as “Level 3” conditional automation by SAE’s standards. By way of review, SAE Level 3 involves automated driving rather than driver support features (Levels 0, 1, and 2). Level 4 means that the system controls all aspects of the driving tasks, including when a driver doesn’t respond appropriately to requests to intervene, while Level 5 is entirely autonomous.

BMW’s system is coming with its iNext EV, an all-new, all-electric production vehicle arriving possibly as early as 2021 (Fig. 1). The iNext will feature the automaker’s 5th-generation eDrive system, which is reported to offer up to 530 hp [...]

Tesla reports $312 million profit in Q3 as Model 3 deliveries surge

UPDATED: 10/24/18 9:55 pm ET - adds Musk remark

Tesla reported net income of $312 million for the third quarter, its first GAAP profit in two years, as revenue doubled amid rising production of the Model 3 sedan.

The company posted a net loss of $619.4 million in the same quarter last year and a net loss of $717.5 million in the second quarter this year, the company said Wednesday.

Record deliveries of the company’s Model 3 sedan at gross margins of nearly 20 percent drove free cash flow to $881 million, and the company ended the quarter with $3 billion in cash on hand. Automotive revenue nearly doubled to $6.1 billion from $3.36 billion in the second quarter; it was $2.4 billion in the same quarter last year. Tesla also bolstered its positive results with $52 million from sales of regulatory tax credits and $23 million in other income.

On the balance sheet, accounts payable increased by more than $566 million from the second [...]

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