Nikola Corp.‘s planned move to ramp up production of semitrucks powered by electric batteries and hydrogen fuel cells will be costly. The Phoenix company is expected to raise $100 million for “working capital and other general corporate purposes” through a secondary stock sale of roughly 90 million shares. The sale is expected to close by…
Mullen Automotive Accelerates Implementation of Its
Class 1 commercial EV cargo vans to be outfitted with Mullen’s solid-state polymer battery technology, increasing current range from 110 miles to more than 200 miles on a single charge The first Class 1 EV cargo van test vehicle with the solid-state polymer technology will be hitting the roads for testing by Q4 2023 BREA,…
What’s the deal with squirrels wreaking havoc under the hood?
A number of car owners in London, Ont., are wondering why this year’s crop of squirrels are wreaking havoc on their vehicles’ engines, costing them hundreds of dollars in repairs after rodents chewed through wiring under their hoods. “The first time I noticed anything was after lifting my hood and noticing the engine cover was…
How Truckers Can Stay Comfortable During Long Drives
Truckers spend a great deal of time behind the wheels, and it’s important that they stay as comfortable as possible throughout their journey. Driving for long periods can be physically demanding, tiring, and monotonous, making comfort even more essential. Here’s how truckers can stay comfortable during long drives. Get Enough Sleep Getting enough sleep is…
Reynolds and Reynolds acquires DealerCorp Solutions
Dealership management system giant Reynolds and Reynolds has acquired DealerCorp Solutions, a Canadian software company and partner focused on providing digital retailing tools to dealerships. Neither side disclosed financial terms. The acquisition, which was finalized Friday, builds on a relationship between the companies dating to 2021 and will help Reynolds grow its presence in Canada….
Rising new car prices stalling purchases
More than a quarter of shoppers who would have bought a new vehicle within a year now report they’ll give it another 12 months. Additionally, interest in buying a new vehicle within the next six months has fallen below pre-pandemic levels, according to market research company GfK, which pointed to vehicle affordability as the culprit….
Dodge Sending Off Internal Combustion Challenger With 1,000-hp Demon
It almost seems hard to believe, but the mighty Dodge Hellcat appeared on the scene in 2015 with 707 horsepower from a supercharged 6.2-liter V8 engine. Not only does the Hellcat have a stirring name, its insane amount of power and exhilarating performance ensured Dodge’s place in the muscle car wars against Ford and Chevrolet….
Hyundai Motor Reports Record-Breaking March and Q1 2023 Sales
Hyundai Motor America reported total March sales of 75,404 units, a 27% increase compared to March 2022 and the best March in Hyundai history. This was the fifth consecutive month with a total monthly sales record, led by Venue (+74%), Elantra HEV (+37%), Tucson HEV (+52%), and Kona N (+5%). March was an all-time best-ever…