Day: February 26, 2021

Fisker’s Goals Go Well Beyond Simply Chipping Away Tesla’s Market Share: CEO

Bloomberg

Apple Partner Foxconn to Form EV Partnership With Fisker

(Bloomberg) — Foxconn Technology Group will develop an electric vehicle with Fisker Inc., part of the manufacturer’s efforts to boost its automotive capabilities at a time when technology companies including its main customer, Apple Inc., are looking to expand in vehicles.The car will be built by Foxconn, targeted at multiple markets including North America, Europe, China and India, and sold under the Fisker brand, according to a joint statement from the companies Wednesday. Production is set to start in the fourth quarter of 2023.Fisker is looking to break new ground with its second planned model. The startup plans to make a vehicle that doesn’t fit into an existing segment, like a sedan or SUV. Its partnership with Foxconn, a Taiwanese smartphone maker which is new to the auto business, is pinned on hopes that the collaboration will bring innovative manufacturing.“The

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Top 10 Car Company Stocks to Invest In

In this article we discuss the top 10 car company stocks to invest in. You can skip our discussion of the automotive industry outlook and some highlights of Lucid Motors CEO’s recent interview and go directly to Top 5 Car Company Stocks To Invest In.

Car company stocks took a beating in 2020 amid falling auto sales in the U.S. and abroad following the coronavirus crisis. However, analysts believe that industry is ripe for investment in 2021 as consumer spending begins to come back to normal levels. The automotive sector is also undergoing key changes that will make the industry grow faster. Riding this tide of change are innovative, futuristic car companies that are posing a serious challenge to big players like Ford and General Motors. One such promising company is luxury EV maker Lucid Motors, which plans to merge with special purpose acquisition company Churchill Capital Corp IV

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‘Black box’ in Tiger Woods Genesis GV80 SUV could reveal crash details

If you own a car made this century, chances are it has a type of black-box recorder that documents what happened in the event of a collision.

The device, known in the automotive industry as an event data recorder, is what authorities could tap as they investigate the nature of Tiger Woods’ horrifying crash Tuesday.

Woods was driving a Genesis GV80 luxury SUV when he careened off the road in a rollover accident that resulted in serious leg injuries for the golf legend. The reasons behind the crash remain unknown, and Los Angeles County Sheriff Alex Villanueva said a traffic investigation could take days or weeks. 

Wednesday in a Facebook Live briefing, Villanueva said the department is not considering charges against Woods.

Was Tiger Woods’ SUV safe?:Genesis GV80 involved in car accident calls attention to brand

Victoria’s Secret store closings:Retailer to close up to 50 stores while

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