Both versions of the Eeyo 1 e-bike are made with carbon fiber frames, which accounts for a hefty chunk of their price tags but is what’s driving a lot of weight savings. The Eeyo 1 uses an aluminum seat post, wheels, and handlebars, while the 1S features carbon fiber in all of those places. The Eeyo 1 offers customers a choice between a soft “cloud blue” or bright “lobster orange” frame. The Eeyo 1S comes in “warm white.” … [Read more...] about Gogoro’s Eeyo 1 is the ‘sports car’ of e-bikes
Bottom line: When it comes to spending a fun weekend indoors, you can do a lot worse than building Lego's rendition of the Lamborghini Sian FKP 37. The kit's 3,696 pieces are likely going to keep enthusiasts busy for hours on end as they painstakingly assemble them into a 1:8 scale model of the actual car. Although the price is a bit steep at $380, it's still a much cheaper way for fans to put a Lamborghini in their driveway - or their shelf to be more precise - for an exotic that had already sold out ahead of its debut last year. Lego Technic kits are one of its more challenging products, aimed at car enthusiasts who don't mind spending unhealthy amounts of time tinkering with complex plastic pieces that take the shape of a Porsche 911 RSR, a Corvette ZR1, a Bugatti Chiron or even the new Defender from Land Rover. … [Read more...] about Lego’s 1:8 scale model kit of the Lamborghini Sian might actually be more desirable than the real car
The first quarter of 2020 was “pacing to be the strongest quarter of deliveries until our operations were interrupted in March,” the company said in its quarterly results. Price cuts will lower Tesla’s profit margin, but if the goal is demonstrating that Tesla can meet its goals for deliveries, that may not matter. Historically, Tesla investors don’t seem to care much about profits — the first quarter profit in 2020 was just its fifth in the last three years. It’s also possible that Model Y sales are strong enough that they’ll make up for whatever money is lost on the older cars. … [Read more...] about What does Tesla slashing car prices really mean for the company?
Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country's economy began to reopen following the coronavirus pandemic. Volkswagen AG said Friday it will buy control of its electric vehicle venture with a Chinese partner in a 1 billion euro ($1.1 billion) deal. The German automaker said it would spend another 1 billion euros ($1.1 billion) to become the biggest shareholder in a battery producer. The ruling Communist Party scrapped limits on foreign ownership of electric vehicle makers in 2018 to promote industry development. Beijing sees electric cars as a profitable technology where China can become a global leader. China accounts for about half of global electric car sales but demand has slumped as Beijing wound down multibillion-dollar subsidies and shifted the burden to automakers by imposing sales quotas. Sales of pure-electric and gasoline-electric hybrid models … [Read more...] about Volkswagen spending $2.2 billion to expand in China’s electric car market
Elon Musk often brags about how he’s built up Tesla with “zero advertising spend.” But advertising is just one form of marketing, and the billionaire CEO sure knows how to market his companies. The latest example comes from a new episode of Jay Leno’s show on CNBC, where the former talk show host and notorious car collector visits SpaceX headquarters to drive a prototype of Tesla’s Cybertruck through the mile-long “test tunnel” Musk dug under Los Angeles by another one of his efforts, The Boring Company. … [Read more...] about Jay Leno drives Tesla’s Cybertruck through Elon Musk’s Boring Company tunnel