Lucid looking to go public through SPAC in $15 billion deal
Wednesday, 13 January 2021
Electric vehicle maker Lucid Motors is in talks to go public through a merger with a special-purpose acquisition companies run by former Citigroup rainmaker Michael Klein, according to people familiar with the matter. A transaction could be valued at up to $15 billion, the people said, asking not to be identified because the matter is
- Published in Automotive News
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Watch Sony test drive its Vision-S prototype on public roads
Tuesday, 12 January 2021
Partway through last year, Sony’s Vision-S electric vehicle went from a mere prototype to something the company said it wanted to bring closer to reality. In July, Sony announced it planned to start testing the vehicle on public roads by the end of 2020. True to its word, it did just that. While it didn’t
- Published in Automotive News
Tesla to hire a design director for the Chinese EV market
Monday, 11 January 2021
BEIJING — Tesla is searching for a design director in China, part of efforts to open a “full-function” studio in Shanghai or Beijing and design electric cars tailored to Chinese consumer tastes, according to three people with knowledge of the matter. The U.S. carmaker’s human resources managers, as well as several headhunters, have been trawling
- Published in Automotive News
2016-2018 and 2020-2021 Hyundai Tucson SUVs recalled for fire risk
Sunday, 10 January 2021
DETROIT — Hyundai is adding about 471,000 SUVs to a September U.S. recall for an electrical short in a computer that could cause fires. And the company is warning owners to park the SUVs outdoors until they are repaired. The latest recall covers certain model-year 2016 through 2018, and 2020 through 2021, Hyundai Tucson SUVs.
- Published in Automotive News
Codemasters has announced 2021 content plans for Dirt 5
Saturday, 09 January 2021
Autoblog may receive a share from purchases made via links on this page. Pricing and availability are subject to change. With 2020 in the rearview, it’s time to start looking ahead at what 2021 will bring in the form of racing games. This week, at least one racing game developer has already announced its plans
- Published in Automotive News