Cadillac unveils its first all-electric vehicle
Luxury automaker Cadillac on Thursday unveiled its first all-electric vehicle, hoping to gain an edge in the segment currently dominated by Tesla.The Lyriq won't be produced until 2022 but Cadillac, General Motors' luxury brand, has promised that most of its models will be electric by 2030.GM already produces hybrid or electric cars like the Chevrolet Volt and Bolt, but aims to develop 20 models of all-electric vehicles by 2023.The battery powering the Lyriq was unveiled in March. Dubbed the Ultium, it boasts the capacity to run more than 300 miles (500 kilometers) on a single charge, Cadillac...
GM reveals all-electric Lyriq SUV critical to Cadillac's future
Meet the vehicle expected to help revive Cadillac and position the General Motors’ brand to compete with rival luxury electric vehicle makers — most notably Tesla.The Lyriq is an all-electric two-row SUV that Cadillac first mentioned in January 2019 at the Detroit auto show, flashing an artist rendering of a vague futuristic car on the screen.On Thursday, GM revealed what the actual vehicle will look like when it goes on sale in the United States in late 2022. It will launch first in China.Cadillac is not announcing yet which U.S. factory will assemble the Lyriq, but a source familiar with pro...
Detroit Free Press
EV maker Xpeng raises additional $300 million: report
Electric vehicle (EV) startup Xpeng has raised an additional $300 million as part of the company’s Series C+, bringing the total amount raised in the round to $800 million.Why it matters: The deal reflects growing optimism in China’s electric vehicle market after a disappointing second half of 2019. Sales of electric cars plummeted after China’s government cut purchase subsidies by around 50% in mid-2019.The industry also took a significant hit in the first quarter of 2020 as a result of the Covid-19 outbreak in China. Just 11,000 new energy vehicles were sold in February, down from 137,000 in...
Dubai driver tries to run over policeman
Dubai: An Emirati driver has gone on trial in Dubai, being accused of endangering the lives of two policemen who tried to seize his vehicle over engine modifications.The Dubai Court of First Instance heard on Wednesday from a 24-year-old Emirati policeman that on November 2019, he was patrolling on Jumeirah Road after midnight with his colleague, when he saw a four-wheel-drive vehicle that was creating loud noises.He turned on the siren and stopped the vehicle, asking the Emirati defendant to present his driving licence and registration. “I told him that he committed a traffic offence by causi...
Marines halt search efforts; 8 missing troops presumed dead after amphibious vehicle sank off San Diego coast
SAN DIEGO — Seven Marines and one sailor who went missing after their Assault Amphibious Vehicle sank near San Clemente Island are presumed dead, the Marines announced Sunday morning. Rescue efforts will now transition to recovery as the service looks for a way to recover their remains from the vehicle under hundreds of feet of water.The 15th Marine Expeditionary Unit and the Makin Island Amphibious Ready Group determined there is little probability of a successful rescue given the circumstances of the incident, the statement said.Sixteen service members were on the AAV when it left San Clemen...
The San Diego Union-Tribune
Police identify 28-year-old fatally struck by vehicle in Atlantic County
A 28-year-old man was fatally struck by a car early Sunday in Atlantic County, a police spokesman said.Police in Pleasantville were called to a report of a pedestrian struck around 4:30 a.m. in the 700 block of the Black Horse Pike, where they found Ryan Mammoccio gravely injured, according to police.Mammoccio, of Mays Landing, died at the scene.The driver, a 39-year-old Egg Harbor Township resident, remained at the scene and cooperated with investigators, Capt. Matthew Hartman said.Anyone with information can call Pleasantville police at 609-641-6100.Our journalism needs your support. Please ...
Hit-and-run victim dies weeks after crash. Images of suspect’s vehicle released.
The victim in a July 3 hit-and-run in Bridgeton has died and police have released images of what they believe is the vehicle that struck him.Juan Reyes, 54, of Bridgeton, was crossing Commerce Street at Orange Street around 11:40 p.m. when he was hit by a car traveling east on Commerce, police said.The car continued on without stopping.Reyes suffered severe head injuries and was taken to Cooper University Hospital, Camden.His family notified police on Monday that Reyes died on Saturday, according to Bridgeton Police Chief Michael Gaimari, but his official cause of death is awaiting completion ...
WATCH: Good Samaritans pull driver from vehicle just before it catches fire
Two good Samaritans pulled an unconscious driver from a crashed vehicle before it caught fire Sunday in Burlington Township, police said.In a Facebook post, the department identified the rescuers as Larry Scott and Domenique Golden.Patrol car dash-cam footage released by township police showed the smoking vehicle off the road near Sunset and Salem roads, close to a gas station. As the clip continues, a township police officer arrives to help the two good Samaritans carry the driver away from the vehicle before flames spread through the front-end.“BTPD salutes and thanks these men for their her...
Residents escape unharmed after vehicle strikes home, bursts into flames
No injuries were reported after a vehicle ran off a Gloucester County road, crashed into a house and burst into flames early Monday.A 29-year-old Millville man was driving north in the 100 block of Main Road in Franklin Township around 4 a.m. when his vehicle left the road and struck the front porch of a home, according to township police.The vehicle was quickly engulfed in flames.The driver escaped unharmed and the occupants of the house were evacuated.Firefighters responded and quickly brought the blaze under control. Officials did not describe the extent of damage to the home, but a buildin...
Stanbic restructures Sh1bn car loans as Covid-19 bites
Stanbic Bank Kenya has restructured Sh1 billion car loans in the wake of Covid-19 pandemic, pointing to the impact the health crisis has had on vehicle and asset financing business.The lender says the amount relates to 460 vehicle owners who have applied for an extension in repayment period. This means the average cost of the vehicles involved is Sh2.17 million.“Our vehicle and asset financing unit has supported restructures to more than 460 vehicle owners worth approximately Sh1 billion,” said CEO Charles Mudiwa in response to the Business Daily questions.“We are currently living in a time of...