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  • 10/12/23 - Jaguar F-Type says goodbye to ICE, Tesla announces battery cell production breakthrough, Ever wondered How Much Is Tesla Really Worth?

10/12/23 - Jaguar F-Type says goodbye to ICE, Tesla announces battery cell production breakthrough, Ever wondered How Much Is Tesla Really Worth?

10-12-2023

GM. Rev up your day with the latest automotive news and insights delivered to your inbox in our exclusive newsletter! In today’s email:

  • 🚗 Car reveal/review: Jaguar F-Type says goodbye to ICE, 2024 BMW XM Label Red, Nissan's New EV Concept

  • ⚡ EV: Tesla announces battery cell production breakthrough, Every EV that qualifies for US federal tax credits

  • 🙌 Tips/advices: What to do with wheel bearing noise

  • 😄 Fun read: Ever wondered How Much Is Tesla Really Worth?

Jaguar F-Type | CarBuzz

Jaguar will release a final ICE model, the Jaguar F-Type R ZP Edition, with no performance enhancements, paying homage to the E-Type. 150 units will be built in 2024, available in coupe and convertible styles. It features a 5.0-liter supercharged V8, 567 hp, and 516 lb-ft of torque, with standard AWD and an 8-speed automatic gearbox. The F-Type ZP Edition has unique colors and branding. Jaguar will transition to an all-electric brand from 2025, with an electric GT as its first model. Rawdon Glover, Jaguar's managing director, sees it as a celebration of Jaguar's sports car heritage.

BMW XM Label Red | Top Speed

The BMW XM Label Red is a unique, fashion-oriented SUV. It's based on the X7 platform but with significant design changes. The exterior features an illuminated kidney grille and sporty yet elegant styling. The interior is extravagant with red accents, advanced tech, and practical features. It's powered by a 738 hp V-8 hybrid engine, 0-60 mph in 3.7 seconds. The price is estimated around $185,000. BMW will produce only 500 units.

Nissan new EV concept | The EV Report

Nissan's Hyper Adventure, set to debut on October 25 at the Japan Mobility Show, caters to eco-conscious outdoor enthusiasts. This sporty SUV concept offers V2X technology, all-wheel control, dynamic design, and a versatile interior. It's designed for a range of outdoor adventures and exemplifies eco-friendly travel.

Tesla has achieved a milestone by producing its 20 millionth 4680 battery cell at Gigafactory Texas. These cells are crucial for Tesla's new vehicle programs like the Cybertruck. With an estimated production rate of 800,000 cells per week, this marks significant progress and could help address delays in the Cybertruck and Semi projects. The aim is to eventually produce over 100 GWh of cells per year in Texas.

The article discusses changes in federal tax credits for electric vehicles (EVs) in the US. Effective January 1, 2023, eligibility criteria have become more stringent. SUVs, vans, and trucks must have an MSRP of $80,000 or less to qualify, while other EVs should be $55,000 or less. Modified adjusted gross income limits also affect eligibility. As a result, fewer EVs meet the new criteria, but this is expected to change as automakers adapt their production strategies to qualify. The article provides updated information on which specific EVs are affected by these changes.

If your car emits a rumbling or grinding noise or experiences wobbly steering, it might have a worn wheel bearing. These metal parts within the wheel's hub allow it to rotate smoothly. They can wear out, leading to noises, vibration, or steering issues. You can diagnose and fix it yourself or seek professional help. Online suppliers often offer affordable replacement parts, but ensure they're reputable and compatible with your vehicle. Neglecting wheel bearing issues can damage other components, reduce fuel efficiency, and pose safety risks.

Tesla's $859-billion valuation hints at a transformative shift in the auto sector. While its market cap exceeds that of traditional car manufacturers like Toyota, Tesla's value is driven by factors beyond car production. Its core car business may be worth over $1 trillion if optimistic sales and profit margin projections hold. However, Tesla's value is also tied to technology and innovation, including its supercomputer, Dojo, which could be valued at $500 billion for its role in self-driving cars. Competition, evolving business models, and the uncertain future of the EV industry add complexity to Tesla's valuation.

And.. that’s a wrap