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The Volkswagen Group and the Porsche-Piech family, majority shareholders of the consortium, will distribute the shares with voting rights. Oliver Blume , CEO of   Porsche  and the   Volkswagen Group , and   Lutz Maschke , financial director of the German brand, have rung the bell on the   Frankfurt Stock Exchange , where the sports and luxury car firm started trading this Thursday with a market value of   75 billion euros. Porsche  shares have started trading at the highest price expected, about   82.50 euros  per share, due to the high demand registered during the days before the   Public Offering for Sale (OPV)   this Thursday. The Volkswagen Group expects to raise  9,390 billion  euros with the operation, which will be used mainly for the electrification of its brands. Blume and Maschke have defined Porsche’s listing on the Frankfurt Stock Exchange as a “historic moment” in  the largest German IPO in 25 years. The target value of   Porsche AG , the aforementioned   75,000 billio

Lamborghini  has presented the new  Urus S , which becomes the immediate successor to the first  Urus , and makes the self-styled “super SUV” an even more radical car if that possibility were possible. From  Sant’Agata Bolognese  they have opted to increase its power, which reaches diabolical heights, adjustments to the chassis to achieve more extreme sensations, and aesthetic tweaks that, added to new design options, increase its customization possibilities. Before getting into the matter, it is worth remembering that the  Lamborghini Urus  has meant unprecedented success for the Italian brand and already represents more than half of its sales. Last year, of the  8,405 units  that Lamborghini sold worldwide -13% more than in 2020 and a historical record-,  5,021  were Urus in any of its versions. That is,  six out of every 10  Lamborghini sold in 2021 were units of its SUV. The most striking novelty of the new  Urus S  is probably the increase in the power of its V8 Biturbo engine,

Ferraris , even children know, is very exclusive dream cars: produced in fewer numbers than required so that a Ferrari is never for everyone. And then there are the  one-offs , those Ferraris custom built for such special customers that they are not satisfied with the production Reds. The latest is the one you see here: the  Ferrari SP51 , set up by Cavallino’s Special Projects Department to pamper a lucky Taiwanese collector. It is a roadster reinterpretation of the first V12 spider with the front engine from the Maranello company, which celebrates it 50 years after its birth and enhances its emotional charge. Designed by  the Ferrari Style Center  under the direction of  Flavio Manzoni , the Ferrari SP51 is a front-engined V12 roadster based on the mechanics and chassis of the 812 GTS. Net of technical updates not yet communicated, the SP51 should therefore have something like  800 hp  under the hood, to exceed  340 km / h  and burn  0-100 km / h  in less than  3 seconds . It’s not

Local logistics is one of the segments with the greatest potential for electrification because they do not need large batteries, and their journeys are usually in urban areas and at low speed. A section where the British  Arrival  has seen an important market niche and for which it has developed an attractive electric van. Today they have celebrated the exit of the production line of their first unit. This has left the factory in Bicester, Oxfordshire. A plant that stands out for aspects such as its high level of automation and the extensive presence of autonomous robots, and where software is one of the main protagonists. Arrival’s goal is to develop  a new, radically more efficient production method  that will allow everything from designing, producing, selling, and servicing an industrial electric vehicle to putting an alternative to combustion engine models on the road. A new method that does not use a traditional assembly line and that can be quickly and economically adapted to

Citroën  breaks the mold  again with the launch of  its new concept car, the Citroën Oli.  This time it is a car under the same premises of savings, simplicity, and cost reduction as the  Ami . Your reason for being?  Democratize electric mobility.  The Citroen Oli is pronounced [all-ë] which, in English, reminds us of the word all (everyone). It is still in the prototype  phase (and it tells us that it will not go on the market), but the daring and impudence of the chevron signature makes us imagine a near future for this electric car. Starting with the  reinterpretation of the  ‘Deux chevrons’ logo, which will be included in the  next models  together with the  Citroën corporate identity . This model challenges the conventional with symmetrical shapes and affordable solutions, key when it comes to reducing the weight of the vehicle and the complexity of its manufacture. In short:  cheaper to make and cheaper to buy.  All this without forgetting sustainability, with the presence of

After 11 years of production, the time has come. I don’t want to imagine the feeling at the factory in Sant’Agata, Italy, as the last Lamborghini Aventador rolls off the production line. And it is not for less, the V12 engines have been in production since the Lamborghini 350GT in 1964, growing, evolving, and adapting to anti-pollution regulations. And precisely for this last reason, the pure V12s say goodbye to us. The replacement for the Aventador will be a plug-in hybrid, leaving behind the purity of its V12s. Before that happens, the brand ensured that the latest model was the most powerful, with a displacement of 6.5 liters and delivering 10 CVs more than the previous top-of-the-range Aventador, the Aventador SVJ. More than eight models derived from the Aventador were made, and 10 unique ones such as the Centenario and the Veneno. While it may have sold just over half of what the Lamborghini Huracan has sold so far in nearly double the time, its role as a halo car for the Lambor

Polestar will present its latest development, the Polestar 3 electric SUV,  on October 12 at an event to be held in Copenhagen (Denmark) . This model, based on the SPA2 modular platform, will have much in common with the forthcoming Volvo EXC90, from which it will differ by its sportier approach and by having two rows of seats instead of three. “We had to ask ourselves: ‘what should a modern SUV look like?’ Polestar 3 defines the SUV for the electric age and, when designing it, we addressed some of the fundamentals of the archetype: proportions, posture, and aerodynamics”, explains  Thomas Ingenlath, current CEO of the Scandinavian firm , in the official press release. Conceived as a rival to the Porsche Cayenne, which will be fully electrified in the middle of the decade, the Polestar 3 will initially be available in two versions:  Long Range Dual Motor  and  Long Range Dual Motor Perform . The first will have a drive train of 489 hp (360 kW) and 840 Nm, while the second will go to

The BMW Motorsport division, known simply as BMW M, has presented its first  standalone  model since the M1 supercar (1978-1981):  the new XM, a radical high-performance SUV  with which the department wants to celebrate its 50 years of history and prepare for the future, as it is a plug-in hybrid. The BMW XM falls under the F segment (representation SUV) , as it measures 5.11 meters long and has a wheelbase of 3,105 millimeters. Despite its colossal dimensions, its trunk holds 527 liters. Beyond an exterior design that will not leave anyone indifferent, the newcomer is characterized by the new M Hybrid propulsion system. Our protagonist uses a 4.4 V8 M TwinPower Turbo gasoline engine with 489 hp and 650 Nm of torque, as well as an electric unit with 197 hp (145 kW) and 280 Nm. Combined with an eight-speed M Steptronic gearbox, both engines produce  653 hp and 800 Nm . Of course, the car has M xDrive all-wheel drive as standard. Thanks to this set, the BMW XM can complete the 0 to 10

It has happened to the Wolfsburg manufacturer again, it has realized that some models have been affected by battery cells that should not have passed quality control, but it reacts in time. Some 10,000  Volkswagen ID.3 and ID.4 units  manufactured in Europe (3,000 rolled in Germany) exhibit  premature cell discharge . This implies that autonomy is reduced even without having used the car, or that under certain conditions – low battery charge and high power demand – the electrical system can cut off the flow of current to the motor until the situation stabilizes. The origin of the problem is a  manufacturing defect  on the part of one of the suppliers, supposedly LG. Let’s get used to the idea that a Volkswagen ID.3 with 58 kWh batteries has 216 cells inside (divided into 9 modules of 24 cells), and if only one loses balance with the others, the protection electronics can enter working. The cars have a diagnostic service with notification to the manufacturer, so it has been possible t

The winds of change are blowing at BMW. While they are still reluctant to give a specific date for its total electrification, leaving combustion engines aside, it continues to advance with its electric technology and with its “i” family models, the letter with which they have decided to identify all car’s electricity coming out of their factories. That they have dared to launch an electric version of their representative sedan says a lot about the objectives of these Bavarians. But perhaps the most interesting thing to happen in the BMW range is the disappearance of the BMW X4, at least with combustion engines. This is stated in a report that according to BMWBlog, Bimmer Post has been published, one of the most important forums dedicated to the German firm. This forum mentions the user ynguldyn, who has become famous for his accurate predictions of the brand and his models. Said forum member says that there is not enough demand to keep the X4 with combustion engines in production. Ho

Two weeks ago, Honda announced its plans for electric two- and three-wheelers,  revealing that it would have 10 models by 2025  (perhaps a few more), with a particular focus on pedal-assist bikes and mopeds. Today Honda already has pilot experiences of electric motorcycles with the postal companies of Thailand, Japan, and Vietnam. For private customers, the first model will arrive in 2024 and has all the earmarks of being an urban scooter, and will be accompanied by another model with a similar purpose. On the other hand, four playful models were announced, three will be large motorcycles (equivalent to more than 125 cc) and there will also be a children’s model to initiate the new generations on two wheels. The latter will not be matriculable. The bulk of the offer, five models between 2022 and 2024, will be in Asia (mainly China and Japan), as well as Europe. It will be moped-type vehicles and pedal-assisted bicycles as they are the most demanded in Asia. Considering that Honda sel

The excessive charging time of electric vehicles is, without a doubt, the great weak point of electromobility. For the vast majority of consumers, using cars without emissions beyond the urban area is still a utopia.  The short autonomy and the charging process, together with the few points where they can be plugged in, means that the use of electric cars as a means of transport for long trips is not yet considered an option. The problem of charging an electric To make half of the cars sold in the United States electric or hybrid by 2030, researchers at the American Chemical Society (ACS) set to work to find a solution to slow charging processes. And they have found it – through artificial intelligence – by studying how batteries age when they are charged quickly. Thus, they have managed to adapt the charging protocol in a way that optimizes speed, while avoiding damage to the batteries that are currently used. To do this, they developed an algorithm that was trained to analyze 20

Tesla was the pioneer in the mass production of electric cars. Among the brand’s plans was to launch an affordable vehicle, a Tesla Model 3 which, finally, is not even the most accessible model in the range. What is the price of the cheapest Tesla? That honor goes to the  Tesla Model Y , the company’s compact SUV, and the latest model to join its lineup. Despite being an SUV, it is cheaper than the Tesla Model 3 and, for just a few weeks, its cost has been even more affordable than normal, because the brand has launched an access version that is compatible with the aid of the Plan moves III. How much is the cheapest Tesla It is the most basic Model Y, which has a price of 51,200 euros, from which the aid of 4,500 and 7,000 euros (the latter if an old car is scrapped) can be subtracted in the autonomous communities in which there are still subsidies. This variant is the only one with the rear-wheel drive model, with an engine that develops 204 CV of power and 350 Nm of maximum torq

The e-Tron SUV, the oldest electric car in the Audi range,  will receive its mid-cycle restyling in the coming weeks . To show some of the innovations that this update will incorporate, Audi has presented the e-Tron Prototype, a  concept car  with a striking gray/red color scheme. Both the Singleframe grille and the bumpers are new, while the headlamps, although they maintain their original shapes, receive new lighting technology.  At the rear, the design of the pilots, bumpers, and diffusers is modified . The only noteworthy change on the side is the alloy wheels. These modifications will affect both the e-Tron and the e-Tron Sportback, its “coupé” version. In addition, rumors indicate that  the company will take advantage of this update to change the name of both models  to better integrate them into its range. Thus, the e-Tron will be renamed the Q8 e-Tron , while the e-Tron Sportback will be renamed the Q8 Sportback e-Tron. Although Audi has not revealed the technical specificat

Lamborghini  is working on the development of the replacement for the Aventador, a model that has been the flagship of the Italian firm for many years now and that, for its next generation, will maintain the  V12  block although it will not be alone since it will adopt a hybrid configuration. It is not a solution that pleases everyone, but at the end of the day, market conditions and regulations force changes like this. At least, since not everything is bad, it will continue to rely on the engine that everyone considers the pinnacle of combustion mechanics, which is no small thing. However, not everything will be the same, because the  Lamborghini Huracan , which has been on the market since 2014, when it took the place of the successful Lamborghini Gallardo, will not suffer the same fate and will see  its V10 engine disappear  in favor of a smaller one. This is at least what they say from the North American publication Motor Trend, which mentions some details that we could see in the

Volvo wants to be a 100% electric brand from the year 2030 . For this reason, in the coming years, it will launch a complete product offensive that will include sedans, family cars,  crossovers , SUVs… In addition, the Swedish manufacturer will also enter categories in which it had not had a presence until now. And it is that the company plans to launch a fully electric B-SUV to compete against models such as the Jeep Avenger or the MINI Aceman.  This SUV will receive the trade name EX30  and will be one step below the current XC40 Recharge and C40 Recharge. Unlike its siblings, it will use a dedicated platform, not multi-energy. The selected architecture will be the SEA of the Geely group, Volvo’s parent company. This base is also used in smart #1 (remember that Geely owns 50% of the German firm); in fact, both models will be twins, so we can expect them to have  quite similar dimensions and technical specifications . The smart #1 measures 4.27 meters long and is currently only ava

At the beginning of November 2022, Volvo will present its electric SUV EX90. The features a new safety system that can detect if drivers are tired, distracted, drunk, or otherwise out of shape. The upcoming Volvo EX90 is the successor to the XC90 combustion SUV, one of the Swedish manufacturer’s bestsellers. In the EX90, Volvo will use a newly developed driver monitoring system that works with cameras in the interior. The company presented this in a press release on Thursday. Volvo wants to minimize human error as a cause of accidents Volvo has recognized that human error is one of the main causes of accidents and wants to react to it. The new driver monitoring system registers how the driver is doing – and intervenes if necessary. “We observe where the driver is looking and how often and for how long their eyes are closed,” explains Emma Tivesten, safety expert at Volvo, adding: “This allows us to learn a lot about their current state of mind and health. Based on our research resu

The Chinese threat to the European market will become more visible than ever in a few weeks when the  BYD and NIO  presentations take place, which will hold two events where they will present their ranges of electric cars for Europe. The first to hit will be  BYD , which will present its European range on September 28 at an event that will be held online and where the arrival of the Chinese group in our market will be confirmed. A landing where confirmation is expected that the electric family for sale in the old continent will be made up of the Tang, Han, and Yuan Plus models, which in our market will be called Atto 3. During this event, in addition to the models that will make up the range, we will also learn about their characteristics as well as  prices and arrival dates . An arrival that the distributor for the United Kingdom has leaked that will happen before the end of this year. NIO in Berlin on October 7 NIO, for its part, has chosen to hold  a physical event that will t

Volkswagen is clear that the future of the car is electric and autonomous ; In fact, the German company recently announced the creation of a division focused on the development of this type of vehicle, which will work closely with its software unit (CARIAD) to speed up the launch of technologically advanced cars. The Wolfsburg firm aims to become the world’s largest electric car maker by the middle of the decade, overtaking BYD and Tesla along the way. In addition, the Volkswagen Group is, together with its Ford partners, the main shareholder of the autonomous driving company  Argo AI , a rival of Aurora and Waymo (Google) in this thriving sector. The recently presented  GEN.TRAVEL  prototype condenses Volkswagen’s vision of the future, as it is presented as a 100% electric and autonomous solution destined to revolutionize the way we travel. This futuristic vehicle with gull-wing doors is a kind of transport capsule rather than a normal car, combining elements of a sedan and a miniva