Advertisements

Electric Truck Unicorn Rivian, Backed By Amazon And Ford, Lands $350 Million Investment From Cox

Rivian, an innovative truck startup planning to produce all-electric pickups and SUVs that’s backed by Ford Motor Co. and Amazon, said Cox Automotive is investing $350 million and may partner with it on future business operations.

Led by 36-year-old founder and CEO RJ Scaringe, Plymouth, Michigan-based Rivian has ginned up excitement in the auto industry with its plans to launch a line of long-range, rechargeable light trucks, including the R1T pickup and R1S SUV, built off a highly functional “skateboard” platform that integrates the battery pack, drive components and suspension system. Ford invested $500 million in April and Amazon led a $700 million round in February.

Cox, which owns an extensive range of businesses related to auto sales and services, including consumer information sites Kelley Blue Book and Autotrader, retailer data services Dealer.com and Dealertrack, and automotive auction business Manheim, will also explore ways to help Rivian with service operations, logistics and digital retailing.

Today In: Business

“We are building a Rivian ownership experience that matches the care and consideration that go into our vehicles,” Scaringe said in a statement. “Cox Automotive’s global footprint, service and logistics capabilities and retail technology platform make them a great partner for us.”

A Clark Kent look-alike with a Ph.D. in mechanical engineering from MIT, Scaringe has refined his ideas for electric vehicles over the past decade and could prove to be a major competitor to Tesla’s Elon Musk, who has his own plans for battery-powered trucks, ranging from a pickup to 18-wheel semis.

Rivian aims to begin production and sales of its first two models from late 2020, building them at the former Mitsubishi Motors Corp. assembly plant in Normal, Illinois, that it purchased in 2017 and is renovating. The company already has more than 1,000 employees and wants to begin selling its electric vehicles internationally from 2021.

Both the R1T and R1S are to have electric range of up to 400 miles per charge–well more than any of Tesla’s current EVs–and they are priced from $68,000 and $72,500, respectively.

Rivian’s fundraising in the past year has been prodigious and totals at least $2 billion with Cox’s investment. Still, it declined to provide an estimate valuation or confirm what stake is owned by Scaringe. In addition to the funding from Ford and Amazon, it raised $450 million in an earlier round that included Saudi Arabia-based investment group Abdul Latif Jameel, Su­mi­tomo Corp. of Japan and London’s Standard Chartered Bank.

“We are excited by Rivian’s unique approach to building an electrified future and to be part of the positive impact its products will bring to our roads and the world around us,” said Sandy Schwartz, president of Cox Automotive. “This investment complements Cox Automotive’s own commitment to environmental change through our Cox Conserves efforts.”

Along with its equity stake and potential business operations, Cox Automotive will have a seat on Rivian’s board.

Follow me on Twitter or LinkedIn. Send me a secure tip.

From Los Angeles, the U.S. capital of cars and congestion, I try to make sense of technology-driven changes reshaping transportation, cities and how we get around. I’ve tracked global automakers, advanced vehicle tech and environmental policy for more than two decades, including 15 years at Bloomberg, and squeezed in stints in the financial and corporate worlds. What’s your story?

Source: Electric Truck Unicorn Rivian, Backed By Amazon And Ford, Lands $350 Million Investment From Cox

( http://www.TFLcar.com ) The new electric Rivian SUV and Truck will be able to turn on a dime.
Here are all of the details ( http://www.patreon.com/tflcar )
Please visit to support TFLcar & TFLtruck.
Check us out on: Facebook: ( https://www.facebook.com/tfltruck ) Twitter: ( https://www.twitter.com/tfltruck ) and now even Truck Videos on YouTube at: The Fast Lane Truck
and classic cars as well at: TFLClassics ( http://www.youtube.com/user/ClassicsU… ) #rivianTruck #rivianSUV #electric

Advertisements

Why A BMW Painted With ‘The World’s Blackest Black’ Is Unlikely To Hit The Road

Topline: BMW rolled out its first vehicle painted with “vantablack”, known as the world’s blackest black⁠—and although the company claims it would like to see the car on the road, it’s unlikely to happen anytime soon.

  • The BMW X6 was selected as the first vehicle to receive the inky-black paint job and will debut in September’s Frankfurt Motor Show.
  • Vantablack in its purest form absorbs all light, without reflecting any back.
  • To make sure the X6 didn’t appear completely two-dimensional, the vantablack paint used on it reflects back 1% of light.
  • Although X6 designer Hussein Al Attar said he “absolutely” could see vantablack joining BMW’s lineup of color options for car buyers, the automaker has no immediate plans.
  • According to Ben Jensen, CTO of vantablack developer Surrey Nanosystems, “The limitations of vantablack in respect of direct impact or abrasion would make this an impractical proposition for most people. It would also be incredibly expensive.”

Chief critic: Auto enthusiasts. They question why a car needs to be painted with vantablack, especially since it won’t be for sale anytime soon. And safety studies show that regular black cars are already more dangerous to drive over lighter-colored cars⁠—chances of crashing a black car at dawn and dusk are 47% higher than that of a non-black car.

Key background: Developed by Surrey Nanosystems in 2014, the pigment in vantablack is made from tiny bits of carbon. Originally designed to be used in outer space, vantablack can be applied at temperatures hundreds of degrees below freezing. It has also been used in space cameras to block out light from the sun, letting the devices take clearer photos of distant stars and galaxies.

Surprising fact: The “vanta” in vantablack stands for Vertically Aligned Nano Tube Array.

Follow me on Twitter. Send me a secure tip.

I’m a New York-based journalist covering breaking news at Forbes. I hold a master’s degree from Columbia University’s Graduate School of Journalism. Previous bylines: Gotham Gazette, Bklyner, Thrillist, Task & Purpose, and xoJane.

Source: Why A BMW Painted With ‘The World’s Blackest Black’ Is Unlikely To Hit The Road

The History of Rolls-Royce

A century of perfection

The turn of the 20th century marked the beginning of an extraordinary partnership between two of the most innovative minds of the moment. Henry Royce, a successful engineer and Charles Rolls, owner of one of the UK’s first motor car dealerships, agreed to sell motor cars under the name Rolls-Royce.

At that moment, a new company was born: Rolls-Royce.

The Best Motor Car in the World

In 1907, the Silver Ghost was declared ‘The Best Car in the World’ after its record breaking success. Travelling from London to Glasgow 27 times – covering 14,371 consecutive miles – the iconic motor car broke the world record for a non-stop motor run while demonstrating unrivalled reliability and comfort.

1930s

In the 1930s, Rolls-Royce broke world records on land and sea. And automation saw the arrival of Phantom III – the first ever Rolls-Royce to be built with a V12 engine.

1940s

The 1940s saw new developments in craftsmanship and design. Until 1959, each Silver Wraith had an individual, coach-built body.

1950s

The 1950s marked the start of a long-standing relationship between Rolls-Royce and the royal family.

1960s

By the time the Swinging Sixties began, Rolls-Royce had begun to appeal to a new breed of owner. Actors, rock stars and celebrities chose the marque as a symbol of their success.

1970s

The 1970s was a challenging decade for Rolls-Royce but, following re-launch as two separate companies, the decade saw the arrival of two exciting new motor cars.

1980s

By 1980, British defence company Vickers had bought Rolls-Royce Motors Limited, producing Rolls-Royce alongside Bentley motor cars. The new Rolls-Royce Motor Cars Limited was floated on the London Stock Exchange in 1985.

1990s

The 1990s marked a new chapter in the marque’s history when the BMW Group bought the rights to produce Rolls-Royce motor cars. With the change came a brand new manufacturing facility: the Home of Rolls-Royce at Goodwood. It was here that an exciting new chapter would begin.

On the day it acquired the Rolls-Royce Motor Cars brand, BMW Group said it intended to build a plant in England. From a shortlist of possible sites, Goodwood in West Sussex in the south east of England emerged as the natural choice.

Tucked away in the heart of the South Downs National Park in an area of outstanding natural beauty, Goodwood is a quintessentially English setting. Perfectly in tune with our brand values and customer expectations. Despite it being an entirely new location for Rolls-Royce manufacturing, Goodwood has a strong historical connection to the brand. Sir Henry Royce, one of the company’s founders, lived less than 10 miles away in the charming village of West Wittering from 1917 until his death in 1933.

Starting with a blank sheet of paper, the project was approached in light of one of Sir Henry Royce’s famous quotes: “Strive for perfection in everything you do.” Not only did the facility have to be an extension of the brand, we also wanted to have minimal impact on the environment. So we brought in renowned British architect Sir Nicholas Grimshaw, whose portfolio includes the Eden Project in Cornwall, the International Terminal at London’s Waterloo Station and the National Space Centre in Leicester.

Built over four and a half years, the award-winning manufacturing facility opened its doors on 1 January 2003. Designed on a 20 x 20 metre grid with steel columns supporting roof lights, the main building is set two metres below the surrounding ground level, to blend into the landscape.

The floor-to-ceiling windows run the length of the Assembly Hall, providing essential natural light for our craftspeople and – for visitors who come to Goodwood – a front-row view of the entire production line. We like to call it ‘the glass mile’.

But, much like the design of a Rolls-Royce motor car, there’s more to our Goodwood home than first meets the eye. The eight-acre curved living roof – the largest in the UK – is home to hardy sedum plants. The green coverage improves the building’s insulation and reduces rainwater runoff, while also acting as an effective camouflage.

After being fully operational for nine years, we extended the Assembly Hall in 2012. By adding an extra 2,500 square metres, we were able to add new space to the Surface Finishing Centre and also to our Bespoke service, which has more than doubled in size since 2003.

As well as blending into its rural surroundings, Goodwood is designed to have the smallest possible impact on the environment. The exterior is clad with a mix of limestone and cedar wood, both from sustainable sources. And the timber louvre panels, activated by a weather station on the roof, control how much light enters the building and reduce our demand for electricity.

The large central lake attracts numerous wild birds, and also guards against flooding by storing excess water. Across the 42-acre site, we’ve established over 400,000 plants and trees of more than 120 species. We also compost all our green waste.

Source: The history of Rolls-Royce

Rory is let loose inside the Rolls-Royce factory in West Sussex, England, and discovers how the Wraith, Phantom and Ghost Series II are built. Subscribe for more great content: http://bit.ly/1f3dxSq

Follow us on Twitter: http://www.twitter.com/recombucars

Like our Facebook page: http://www.facebook.com/recombucars

Find Recombu on Google Plus: http://bit.ly/1jHQ2AA

Read our Website: http://www.recombu.com

Like, Comment, Subscribe!

Mercedes-Benz G-Class Celebrates 40 Years – 3 Reasons Why People Love It

As the legendary Mercedes-Benz G-Class (commonly known as the G-Wagon) celebrates its 40th anniversary, one would be hard-pressed to think of another vehicle which has accomplished so much. But what makes a hard-core military vehicle so appealing to Hollywood elites and country club goers alike?

Why We Admire It

Everyone loves the G-Class.  The car has an almost cult-like following, with customers returning to buy one after another. Chances are, if you’ve purchased a G-Class in the past, you’ll own one for the rest of your life. The car itself is essentially a box on wheels, and is preferred by militaries all around the world because of their extreme off-road capabilities and dependability.

I’ve literally driven up a mountain in a G-Class, experiencing off-roading like I never thought possible. This vehicle practically defies all laws of gravity, able to do things such as scream down a mountain at 60 MPH and stay intact once you reach the bottom. The G-Wagon offers a superior level of capability and durability that you will not find on any other vehicle.

On-Road Capabilities

Most people who buy G-Classes won’t take them off Rodeo drive. But that’s ok too, as the AMG version offers a 4.0-liter V8 biturbo engine which makes 577 hp, and 627 lb-ft of torque between 2,500 and 3,500 rpm.  This provides a sense of effortless acceleration and will certainly put a smile on your face. The G63 completes a sprint from zero to 60 mph in just 4.4 seconds, an incredibly impressive number for an SUV, especially one weighing in at 5,800 pounds.

New Level Of Luxury

Just think of an S-Class interior and convert it into the G-Class; that’s the level of quality we’re talking about. Every button, switch and handle is made from high-grade metal, and feels as though it belongs in a six-figure vehicle.

When you go for the AMG version, you’ll be greeted by a specially designed AMG wheel and carbon-fiber interior trim plus extra buttons for that crazy loud exhaust note and suspension adjustments which make this box drive a little less like one.

Final Thoughts

When you want a vehicle which can be the master of the streets and commanding off-road, you get a Mercedes-Benz G-Class. There’s truly nothing else which can compare to its off-road grit and on-road presence. With and iconic design and legendary G badge, people will know what you’re driving, from deep corners of Africa to the sparkling streets of Beverly Hills.

Having been born in the Detroit area, I grew up with motor oil running through my veins. Wanting to put my passion to good use, at age sixteen I co-founded and hosted an automotive-focused YouTube channel, the Oakland Car Review, which garnered millions of views during its run. Transitioning toward written content, I was an early-stage partner in DRIVE Magazine and eventually oversaw its conversion to a fully digital platform. I now lead web operations at ThisIsDrive.com. My work extends to other outlets as well, these include some well-known names, such as Kelly Blue Book’s technology-focused Ride.Tech website. I remain up-to-date on the latest industry happenings by doing hours of research per week so that I can keep you informed. I am pleased to have been published on automotive topics for over five years and I look forward to bringing my passion for the industry and cars themselves to Forbes readers.

Source: Mercedes-Benz G-Class Celebrates 40 Years – 3 Reasons Why People Love It

The third episode of “The Driven” takes a new path: off-road! G-Class and Unimog come together in Graz. Both cars allow what not many people dare to allow themselves: to break out. Subscribe to Mercedes-Benz on YouTube: http://www.youtube.com/subscription_c… Experienced reporter Florian Ambrosius enters the terrain of the G-Class Experience Center and tests Unimog and G-Class – only with an instructor at his side. The Experience Center is the training – to beat the Schöckl with the G-Class. G 350 d: Kraftstoffverbrauch kombiniert: 9,8–9,6 l/100 km; CO₂-Emissionen kombiniert: 259–252 g/km.* ► More information about the G-Class: http://mb4.me/g-class-com_ytb ► Configure your G-Class: http://mb4.me/your-g-class_ytb ► Experience the world of Mercedes-Benz: http://benz.me/international ► More videos featuring the G-Class: https://www.youtube.com/playlist?list… ► More interesting playlists: G-Class Strong Stories: https://www.youtube.com/playlist?list… Top 10 G-Class Moments: https://www.youtube.com/playlist?list… X-Class: https://www.youtube.com/playlist?list… ► Mercedes-Benz on Social Media: https://facebook.com/MercedesBenz https://twitter.com/MercedesBenz https://instagram.com/mercedesbenz #MBgclass #strongerthantime #mercedesbenzTV #gclass #w463 #unimog #mercedes #mercedesbenz Product may vary after press date on 16.08.2019. * Die angegebenen Werte wurden nach dem vorgeschriebenen Messverfahren ermittelt. Es handelt sich um die „NEFZ-CO₂-Werte“ i. S. v. Art. 2 Nr. 1 Durchführungsverordnung (EU) 2017/1153. Die Kraftstoffverbrauchswerte wurden auf Basis dieser Werte errechnet. Der Stromverbrauch wurde auf der Grundlage der VO 692/2008/EG ermittelt. Die Angaben beziehen sich nicht auf ein einzelnes Fahrzeug und sind nicht Bestandteil des Angebots, sondern dienen allein Vergleichszwecken zwischen verschiedenen Fahrzeugtypen. Die Werte variieren in Abhängigkeit der gewählten Sonderausstattungen. Weitere Informationen zum offiziellen Kraftstoffverbrauch und den offiziellen spezifischen CO₂-Emissionen neuer Personenkraftwagen können dem „Leitfaden über den Kraftstoffverbrauch, die CO₂-Emissionen und den Stromverbrauch aller neuen Personenkraftwagenmodelle“ entnommen werden, der an allen Verkaufsstellen und bei der Deutschen Automobil Treuhand GmbH unter www.dat.de unentgeltlich erhältlich ist.

Toyota’s new car subscription company Kinto is gamifying driving behavior — TechCrunch

Toyota has officially launched Kinto, a company first revealed late last year that will manage a car subscription program and other mobility services in Japan, including the sale and purchase of used vehicles as well as automotive repair and inspection. Kinto is jointly funded by Toyota Financial Services, a wholly owned subsidiary of Toyota, and Sumitomo Mitsui…

via Toyota’s new car subscription company Kinto is gamifying driving behavior — TechCrunch

Tesla breaks ground on Shanghai factory which will product Model 3 EVs for China — TechCrunch

Tesla CEO Elon Musk has confirmed that the company’s first overseas factory in Shanghai will focus on producing Model 3 vehicles for the Chinese market only. Musk is currently in China to break ground on the new factory today, which is being developed in partnership with the Shanghai government — an ally that is likely to…

via Tesla breaks ground on Shanghai factory which will product Model 3 EVs for China — TechCrunch

Tesla Just Outsold Mercedes-Benz, Audi, Acura, Infiniti In America, About To Crush BMW, Lexus In Q4 – Jean Baptiste Su

1.jpg

After Tesla’s “historic” quarter – Q3 2018 – where it posted its first profits in 2 years – the American automaker had just 2 profitable quarters in its history, the last one being in 2016 – and outsold Mercedes-Benz (66,542), Audi (59,478), Acura (41,830) and Infiniti (33,079) in America with close to 70,000 vehicles sold, our current sales estimate indicates that Tesla is on track to surpass Lexus (78,622) and BMW (71,679) in the final quarter of this year……..

Read more: https://www.forbes.com/sites/jeanbaptiste/2018/10/27/tesla-just-outsold-mercedes-benz-audi-acura-infinity-in-america-about-to-crush-bmw-lexus-in-q4/#2d17d76117d1

 

 

 

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you

First Look: McLaren’s Ultimate Road Car, The $2 Milion Hyper-GT Speedtail – Nargess Banks

1.jpg

This is the Speedtail, McLaren Automotive’s first hyper-GT, joining the marque’s pinnacle “Ultimate Series”. With speeds of up to 250-mph, it is the most powerful road car built by the British company. The Speedtail honors the McLaren F1 icon with its inventive three-seat cabin design. It is ultra-exclusive too, with production kept strictly to a limited 106 numbers, priced at around $2m. All models have been pre-sold – in fact interest far exceeded production plans – for their 2020 customer delivery…….

Read more: https://www.forbes.com/sites/nargessbanks/2018/10/26/first-look-mclarens-speedtail/#610c13e858af

 

 

 

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you

Steve McQueen, Janis Joplin And The Mystique Of The Porsche 356—And One Woman’s Quest To Find One That Got Away – Chuck Tannert

1.jpg

To the dismay of many collectors, this lady pilots her vintage sports car, a 1962 Porsche 356B Super 90 coupe, as often as possible. “Not every day,” she admits. “But as often as the harsh Chicago weather will allow.” If it gets dirty, she cleans it. If it gets wet, she dries it off. But she doesn’t want it to rust and fade away. Though Brundage has only been collecting for a few years, her love affair with the 356 dates back more than four decades, ever since her mother, Jean, bought a used 1961 356B Coupe in the late 1960s……

Read more: https://www.forbes.com/sites/chucktannert/2018/10/19/steve-mcqueen-janis-joplin-and-the-mystique-of-the-porsche-356and-one-womans-quest-to-find-one-that-got-away/#23985d8947db

 

 

 

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you

 

 

%d bloggers like this:
Skip to toolbar