Automobili Pininfarina will offer a range of extremely luxurious and high-performance EV cars designed and built in a close partnership with Pininfarina SpA, the legendary Italian automotive styling house.
With ongoing technical collaboration with the multi-race winning Mahindra Racing Formula E team, Michael Perschke and the ambitious new Automobili Pininfarina management team will deliver a range of vehicles offering design purity and sketches of the new hypercar will be shown during Monterey Car Week next month.
Volkswagen is reaching the end of the road with massive compensation payments to US buyers of models with fraudulent emissions levels.
It will pay about £7.6 Billion to 500,000 owners, taking its payouts over £18 Billion to owners and its buyback policy will continue until 2020.
China is the latest to benefit from a lack of traction battery production in Europe.
CATL of China will build a plant in eastern Germany to make batteries for BMW and VW, which is also sourcing from South Korea.
Honda Motor Co and Panasonic Corp are considering jointly developing portable batteries to power electric motorcycles amid intense competition in the market for emission-free vehicles,says Japan Today.
The two Japanese companies will start with an experiment in Indonesia, where Panasonic’s detachable, lithium-ion batteries will be used.
A stall in demand for new cars could open the floodgates this summer due to a change in emissions testing.
Some car-makers are producing models under the current emissions rules but these must be registered before September when the new WLTP tested models must be sold so low price deals to fleets and businesses are expected next few months.