Good morning and welcome to our weekly digest of automotive news from around the globe, starting with…
New $7,500 EV Tax Credit Passes Senate, Requires Carmakers To End Reliance On Chinese Batteries
The Inflation Reduction Act of 2022 has passed the Senate, which includes a new $7,500 EV tax credit that could benefit automakers that were no longer eligible for the previous scheme. Whereas the previous tax credit was capped at 200,000 vehicles per manufacturer, the new law uncaps it. However, it will require automakers to potentially change how they approach production. To be eligible from 2024, car makers will have to ensure that at least 40 percent of the battery materials are sourced from North America. That percentage rises each year until 2029, when 100 percent American batteries will be stipulated. Not everyone is happy, though, with the EU feeling that the act discriminates against foreign products and is incompatible with the World Trade Organization.
2023 GMC Canyon Combines Luxury And Off-Road Prowess With 310 HP Turbo Engine
The midsized truck segment is getting a renaissance of sorts, as hot on the heels of the impressive 2023 Chevrolet Colorado, is this, the 2023 GMC Canyon. The new Canyon may “only” feature a single four-cylinder engine in its lineup, but the turbocharged 2.7-liter lump is good for 310 hp (231 kW / 314 PS) and 430 lb-ft (582 Nm) of torque. The Canyon can also be had in the AT4X trim, which offers offroad enthusiasts an extra 10.7 inches (272 mm) of ground clearance, 33-inch tires, and front and rear e-lockers. Meanwhile, those who like a touch of luxury inside their trucks can opt for the Denali, with a wood and leather interior, heated and ventilated seats, a heated steering wheel, and a seven-speaker Bose audio system.
The headlines may be that the next supercar from Lamborghini will be electrified, but that doesn’t mean it’ll be all-electric. In fact, the V12 engine will remain present and correct, with a helpful shove of electrical energy from a hybrid system. While the precise details of the as-yet-unnamed Aventador replacement aren’t yet available, we’ve been able to piece together everything you might want to know, including independent illustrations based on spy shots.
Acura Teases Design Of Its Upcoming Electric Crossover Through Precision EV Concept
Acura has given us a sneak peek of its upcoming electric concept car, the Precision EV. The brand is calling it the “future of Acura design,” as it aims to translate what’s shown into cars of the electric era. It comes as the company ramps up its EV ambitions and will likely skip the next plug-in hybrid phase that parent company Honda will be undertaking.
Other Stories
Toyota Master Technician Argues Against 10,000 Mile Oil Change Intervals With Busted Engine Teardown
Audi Could Merge The A5 Sportback And The A4 Sedan In A Single Model
Family Gets Stuck In Australian Outback For 2 Days After Google Maps Reportedly Gives Bad Directions
Driven: Suzuki SX4 S-Cross Hybrid AllGrip Is Your No-Frills Family-Friendly SUV
If you’re reading this in the U.S., you may not be especially familiar with Suzuki’s car lineup, but in Europe and Asia, the Japanese brand is well-known for its range of sedans and SUVs. The third-generation SX4 S-Cross straddles the line between a facelift and all-new car. It features much-improved styling but retains some elements that aren’t as appreciated. Read our full review to find out what we think.
BMW Thinks You’ll Get Used To Subscriptions And It’ll Reap The Profits
Like it or not, subscriptions have taken over many aspects of our lives as companies realize the benefits they can offer to the bottom line. When it comes to cars, subscription services are a little different but are slowly coming on tap. But while many companies so far only offer subscriptions for large tech-intensive functions such as autonomous driving, BMW thinks its users will be prepared to pay to unlock smaller features — think heated seats and adaptive headlights. Do you agree?
Porsche has reclaimed the Nürburgring record for production electric vehicles by lapping the 12.9-mile (20.8 km) historic track in 7 min 33.35 seconds in a Taycan Turbo S. The Taycan, which, bar the roll cage and racing seats, was an entirely standard production vehicle, beat the Tesla Model S Plaid by around two seconds.
What Else Is Making The News
ESPN Broadcasts The Microsoft Excel Championship
The World “Excel” championships are on espn2 right now just by the way. pic.twitter.com/QbhsTsZyIU
— Breedlove (@BreedloveBets) August 7, 2022
The Excel “All-Star Battle” took place in May this year and was broadcast last week on ESPN. In it, eight competitors took to their spreadsheets to be crowned winner, all accompanied by live commentary, interviews, and post-tournament analysis, reports Tech Radar.
Disney Plus And Hulu Hike Rates
Disney Plus and Hulu are getting steep price hikes https://t.co/bAUdjstpCw pic.twitter.com/vc3TjiKeYH
— The Verge (@verge) August 10, 2022
Both Disney Plus and Hulu will be increasing the price of their subscriptions starting December 8 in the U.S. Disney Plus will be priced at $10.99 per month, up from $7.99, while the ad-free tier of Hulu will jump from $12.99 per month to $14.99. Further increases will be applicable for bundled packages, too, as well as Hulu’s live TV plans, according to The Verge.