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  • 10/31/23 - 2024 Hyundai Kona ahead of arrival of electric models, Autoworkers strike is over as union and GM reach potential deal, Chinese Flying Supercar Company Introduces New Vehicle Concepts

10/31/23 - 2024 Hyundai Kona ahead of arrival of electric models, Autoworkers strike is over as union and GM reach potential deal, Chinese Flying Supercar Company Introduces New Vehicle Concepts

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  • 🚗 Car reveal/review: 2024 Hyundai Kona ahead of arrival of electric models, Volkswagen first electric station wagon: new ID.7 Tourer, The Chevy Equinox EV is coming in 2024

  • 🏭 Industry trend: Autoworkers strike is over as union and GM reach potential deal

  • ⚡ EV: Ford Lost $36,000 For Every Electric Vehicle Sold Last Quarter, Why is Toyota anti-EV? It lost the race to compete, says EV Council

  • 🤖 Auto Tech: Chinese Flying Supercar Company Introduces New Vehicle Concepts

  • 😄 Fun read: The contradiction of environmentally sustainable supercar manufacturing

Hyundai Kona | New Atlas

The 2024 Hyundai Kona has been revamped to focus on electric options. Gasoline models are equipped with a 1.6-liter engine, while electric models boast a 150-kW output with a 64.8-kWh battery. Gasoline models are coming to showrooms in November 2023, while the electric version is currently rolling out in Korea. The Kona now offers more rear-seat legroom, increased cargo space, and updated interior technology.

Volkswagen new ID.7 Tourer | Electric

Volkswagen is introducing the electric ID.7 Tourer, a station wagon version of its ID.7 sedan. The ID.7 comes in two versions, starting at $62,000 with a 385-mile range, while the ID.7 Pro S offers a larger battery for up to 435 miles. It's set to launch in North America next year. The station wagon has ample cargo space and is designed for comfortable road trips, offering an efficient alternative to SUVs in the market.

Chevy Equinox | GM

The Chevy Equinox EV, a compact SUV, will be available in dealerships in 2024. The base model is priced at $34,995 with a 319-mile range, making it competitive, especially with the $7,500 federal tax credit. Higher-priced trims, including a front-wheel drive RS model starting at $48,995, will also be offered in early 2024. The Equinox EV arrives as GM phases out the Bolt and Bolt EUV, with a next-generation version planned for 2025.

The United Auto Workers (UAW) strike is set to end as General Motors (GM) and the UAW reach a tentative agreement on a new contract. This follows similar deals with Ford and Stellantis. The agreements, pending approval, will last 4½ years and include significant wage increases and benefits for union members. The strike, affecting about 40,000 UAW members, had a substantial impact on production and corporate profits. The transition to electric vehicles and job locations were key points of contention during negotiations. GM's pretax profit was reduced by $800 million due to the strike, which will now come to an end.

This article explores the evolving landscape of electric vehicles (EVs) and the challenges faced by traditional automakers. It mentions Ford's significant loss of approximately $36,000 per EV sold in the third quarter of 2023, shedding light on the financial hurdles in the EV market. The article also discusses the profitability of Chinese EV manufacturer BYD, declining 0% financing offers, and labor negotiations in the automotive industry.

Toyota's anti-EV stance faces criticism from industry leaders, including Tesla. Toyota's VP promotes hybrids over EVs. EV sales are increasing, with Tesla's Model Y as a top-seller. Toyota's reluctance to embrace EVs is seen as a missed opportunity. The company lags in EV sales, despite recent innovations. Skepticism remains due to past unfulfilled promises.

XPENG AEROHT unveiled its "Land Aircraft Carrier" modular flying car and a new eVTOL design at XPENG Tech Day 2023. The modular flying car has a distinctive two-part design that transitions between terrestrial and aerial modes. The ground module accommodates 4-5 passengers with an extended-range hybrid power system, while the air module facilitates vertical takeoff. Safety features include a distributed electric propulsion system and a 270° panoramic cockpit.

This article discusses a visit to Lamborghini in Sant'Agata Bolognese, Italy, and a drive in the V12-powered Aventador SVJ. The article highlights the car's powerful performance, challenges in traffic, and the transition of Lamborghini towards hybridization and electrification. The company's efforts to reduce environmental impact in car production are also explored.

And.. that’s a wrap