Tesla surprises with record profits despite crisis

Tesla surprises with record profits despite crisis

Tesla surprised more than one analyst with the announcements of its results for the second half of 2021: the brand of Elon Musk is doing more than well!

Tesla does not know the crisis. Whether it is that of Covid-19 , or that linked to the shortage of semiconductors . And while most manufacturers struggle to recover from a more than difficult year 2020 , the brand of Elon Musk posts record profits for the second quarter of 2021: the billion dollars is exceeded for the first time!

This is a result that surprised analysts, since two important sources of income for the electric giant are in decline. First, there is the decline in the Bitcoin market, in which Tesla had invested $ 1.5 billion at the start of the year, and then announced that the cryptocurrency was too polluting for its liking. But in the end, Tesla lost “only” 23 million dollars (about 20 million euros) in the operation during this second quarter of 2021.

CO2 credits, an endangered windfall

The other source of income on which Tesla bases its profitability is the sale of “ CO2 credits ” to other manufacturers. To put it simply, Tesla wins a lot of “bonus points” in the emission control system in Europe, which promotes the sale of electric cars . Other manufacturers, who sometimes have difficulty achieving their goals, can then buy these credits to lower their CO2 averages .

But this market is quickly doomed to disappear: most of the major manufacturers are rapidly developing their electric ranges , and Europe will reduce the aid which is linked to them. The effect is already being felt for Tesla, since the income related to these famous CO2 credits has increased from $ 428 million (363 million euros) during the second quarter of 2020 to 354 million dollars (300 million euros). over the same period in 2021.

Record production driven by the Model 3 and Model Y

Despite these pitfalls, plus the continuing Covid crisis and the still raging semiconductor shortage, Tesla has multiplied its profits by 10 compared to 2020. The whole is driven by sales which continue to increase, and a production finally level. Tesla delivered more than 206,000 cars in the second half of 2021, a record for the brand. Enough to reach the production target , set by Elon Musk at 800,000 vehicles per year , against a little over 500,000 in 2020. These sales are driven by the Model 3 and Model Y , which should enter production this year in the new German Gigafactory , but also by the release of the Model S restyled.

 

Mercedes: 5 electric cars in 2022, a complete range from 2025

Mercedes

A shower of new models, 40 billion invested, 8 new factories… Mercedes is working hard to get electric!

As many manufacturers have already done this year, Mercedes has just presented its electrification strategy for the next decade. And like many, the goal is clear: to be 100% electric by 2030 .

To achieve this, Mercedes will accelerate its current strategy. The EQ range will therefore be extended to all models . Today, the German automaker has five such all-electric models: the EQA , a compact SUV, the EQB and EQC , two larger SUVs, the EQV van , and the EQS luxury sedan .

From 2022, we expect an EQE sedan , an SUV equivalent to the GLE which should also be called EQE, and an electric counterpart to the luxury SUV GLS which will logically be called EQS . At the same time, the sedan of the same name is expected to receive, like the S-Class on which it is based, AMG and Maybach versions.

There will therefore still be a few normal models for which electric versions are missing: Class A and Class C for example. Mercedes does not specify whether derivatives of the latter (CLA and CLS among others) will also receive electric versions, but that would make sense. One way to extend an electric range at a lower cost, once the platform is developed.

Four new platforms, 8 factories, and 40 billion euros

On the subject of platforms therefore, Mercedes announced the development of 4 new 100% electric technical bases . The MMA EV which should equip small electrics will arrive in 2024. We then await the MB.EA , for medium-sized electrics (Class C and E equivalent), AMG.EA which will tackle the sports segment, and Van. EA for utilities.

In return, Mercedes will no longer develop a new platform that will not be dedicated to 100% electric. The future – and rare – future thermal models will therefore be based on already existing platforms.

To follow this ambitious electric growth, Mercedes will invest more than 40 billion euros , and create 8 “gigafactories” of battery manufacturing, including 4 in Europe. Announcements on the location and technical partners of these future factories should follow shortly.

 

Lamborghini: historic sales record in the first half

Lamborghini historic sales record in the first half

This is a historic sales record for the Italian brand. Lamborghini sold nearly 4,852 vehicles in the first half of 2021, driven by sales of the Urus SUV.

Lamborghini, the Italian supercar manufacturer is doing well. And even very well since it has just achieved quite simply the best sales in its history in the first half of 2021.

The best sales in its history

“The first half of 2021 is going down in Lamborghini’s history: worldwide sales recorded from January to June reached a record level,” said the management of the Italian brand in a statement.

For the start of the year, the brand sold nearly 4,852 vehicles compared to 4,553 over the same period in 2019.

This good sales figure is partly achieved thanks to the success of its Urus SUV , which represents almost half of sales with 2,796 units sold, ahead of the Huracán and Aventador with 1,532 and 524 units sold respectively.

A near future on the same line

The brand also points out that the order forecast is just as positive, with a full order book until April 2022.

“This is not only proof of the solidity and strength of this brand, which enjoys increasing attractiveness despite a period of permanent difficulties and uncertainty”, underlined its CEO Stephan Winkelmann .

For the next few years, the brand will make a shift towards electric, like many other manufacturers of super sports cars. The Volkswagen group, which owns the brand with the bull has already planned to invest nearly 1.5 billion euros in the electrification of its ultra-sporty brand.

“This is further proof that our industrial plan on the path to the future electrification of our product range has indeed been received, which is why we will invest more than a billion and a half by 2024″.

 

McLaren raises 640 million, especially from Saudi Arabia

McLaren raises 640 million, especially from Saudi Arabia

McLaren continues to recover from the crisis, thanks to investment from Saudi Arabia in particular.

McLaren has been hit hard by the Covid crisis . In 2020, the supercar manufacturer had to cut 1,200 jobs (be more than a quarter of its employees), and came close to bankruptcy. The losses have accumulated, the debts too. Fortunately, the State of Bahrain , one of McLaren’s shareholders, then came to its rescue with an injection of just over 150 million euros. Then the manufacturer had to sell its historic headquarters in Woking , the McLaren Technology Center, which it now leases.

Towards an end to the crisis for McLaren

To consolidate its future, McLaren has just carried out a new fundraising campaign . In all, 550 million pounds (around 640 million euros) have been invested in the brand. The majority of this financing (400 million pounds) comes from an alliance between an American fund , Ares Management, and the sovereign fund of Saudi Arabia , which thus enters the capital of McLaren. The remaining 150 million pounds come from smaller shareholders, new and existing.

In short, good news for the long-term future of McLaren, which is starting to recover from the health crisis. Sales increased 69% from the first quarter of 2020, and net losses were limited to around 55 million euros , up from almost 130 million in 2020.

 

Lightyear One: 710 km of autonomy for the solar and electric sedan!

Lightyear One 710 km of autonomy for the solar and electric sedan

This Dutch start-up called Lightyear has developed an electric and solar sedan capable of 710 km of autonomy!

What if you never charge your electric car? This is what promises the Lightyear One , an electric and solar sedan developed by the start-up of the same name in the Netherlands. The idea is simple: a 60 kWh battery (barely bigger than that of a Renault Zoé ), a very efficient design, and solar panels on the roof. After four years of development, Lightyear conducted the first tests of its sedan on the track, with good news on arrival: 710 km of range in one charge!

Efficiency at the heart of the concept

The figure is impressive when we know that the Renault Zoe , with its 52 kWh battery, is officially capable of 395 km of range according to the WLTP cycle . This is more than 300 km less than for the Lightyear One, which is also a large sedan ! So obviously, under this large number are hidden a few small lines. The most important is that these 710 km were covered at a steady pace of 85 km / h , which is ideal for the efficiency of electric motors. We are therefore far from WLTP certification.

Nevertheless, the electricity consumption figure is impressive: 8.5 kWh / 100 km , against around 15 kWh / 100 km for a Zoe .

72 km per day thanks to solar panels

In contrast, Lightyear is getting closer to its original promise to hardly ever have to charge your electric car . Thanks to the photovoltaic panels placed on the body, the Lightyear One can recharge approximately 72 km of range in one day if the weather is good.

In practice, the majority of home-work journeys could therefore be made without going through a terminal, or without having to have a private car park with a charging point . Convenient for those who live in the city, therefore. It remains to be seen how this figure of 72 km gained in one day evolves when the sky is overcast, in winter, and the car is parked in the shade.

Only 946 units of the Lightyear One will be sold in 2022. And if the start-up does not announce a price, it has previously forecast a price of around 149,000 € when the car is presented in 2019. But the company aims then to reach a larger public from 2023 .

 

Audi Sphere: 3 concept cars on the way

Audi Sphere 3 concept cars on the way

With Audi Sphere, the brand announces the upcoming presentation of three concept cars: a Sky Sphere sports coupe, a Grand Sphere sedan and an Urban Sphere SUV.

Audi will soon present three concept cars that will begin the transition to the future of the brand with the rings.

Marc Lichte, the chief designer at the head of design perspectives has announced, with the boss of the brand Henrik Wenders, three models that foreshadow the future of the manufacturer. An advertisement under the code name “Audi Sphere”. The three models are very different in terms of design and approach.

Even if for the moment the information remains very poor, we can nevertheless expect electrification on all of the brand’s future concepts . One can imagine that the studies on the three concepts came from the Artemis project, which aims to take the Volkswagen group’s electromobility to a higher level in all brands.

The Audi Grand Sphere, like A7

The silhouette of the Audi Grand Sphere recalls that of the Audi A7 in the first sketch. On the (potential) menu, a dynamic hatchback with an elegant tail end.

Audi promises a high-class vehicle for the grand entrance. No doubt the information will soon arrive for this model.

The electric GT of the future: Audi Sky Sphere

Quite unusual for an electric car, the Audi Sky Sphere adopts a long “hood” in front of it. The vehicle would therefore be pleasant to drive, while being more and more autonomous. On the other hand, the reason for which it was baptized “Sky Sphere” is not however obvious at the moment.

Audi Urban Sphere: SUV cut for the city

With the Audi Urban Sphere, the brand with the rings wants to conquer the city. The silhouette of the body immediately makes us think of a large SUV or a crossover, like the fifth generation Renault Espace for example.

New Opel Astra (2021): first look!

New Opel Astra (2021) first look

Opel unveils the first photos and information on the new and sixth generation of Astra, whose presentation is expected later this summer.

After having renewed its small Corsa in 2019, Opel is tackling another of its emblematic models: the Astra . The new and sixth generation of the compact will be unveiled in the summer. In the meantime, the German manufacturer has already unveiled the first images .

The face of the new Opel Mokka

First observation, the new Astra will display a whole new look . It will include the new face of the brand , the Opel Vizor, inaugurated on the recent Mokka . At the front, we will find ultrathin IntelliLux LED headlamps while at the rear the name of the model will now be located in the center of the tailgate. Always a design issue, the car should also adopt a long hood, a large glass surface and a roof spoiler. The lines will also be tighter for a more dynamic look.

A high tech interior

The interior will be refined and always modeled on that of the new Mokka. Opel is thus announcing a “new generation Pure Panel digital dashboard, with its fully glazed surfaces”. In other words, the Astra will gain a large digital panel consisting of two screens, one for the instrument cluster and the other for the infotainment system. The physical controls will be reduced to a minimum here to give pride of place to the touchscreen. A new steering wheel and front seats “with exceptional ergonomics” will also be part of the game.

Original PSA engines

Finally, on the technical side, this Opel Astra sixth of the name will be the cousin of the new Peugeot 308 . Like the lioness, it will be based on the EMP2 platform of the Stellantis group, which will allow it to become the first electrified Astra. In addition to the traditional original PSA petrol units (110 and 130 hp?), It should indeed carry the same plug-in hybrid engines as the 308 , whose powers are announced at 180 and 225 hp.

Designed and manufactured in Rüsselsheim, Germany, the new Opel Astra will be available as a five-door sedan and Sports Tourer station wagon .

 

Volkswagen California Festival: utility event (s)

Volkswagen California Festival utility event (s)

Volkswagen is organizing for the first time a festival dedicated to van life and its legendary California!

Van life has a long history with Volkswagen . For the first time in its history, the brand’s Commercial Vehicle division is organizing a festival dedicated to these vehicles and to this philosophy.

Volkswagen and vans: a long history

It was in 1947 that the most emblematic van of the brand, and even in history, was born: the Volkswagen Combi . It was so successful at the time that the Combi also became the genesis of a new philosophy of life called “Van Life” .

At that time, the concept of life on board his van was quite new, and began to attract more and more people. Today, this art of living is experiencing a whole new boom, especially after such a special year linked to the Covid-19 pandemic.

It was in the 1980s with its 3rd generation that the Combi became the California. Today, with the Caddy California and the Grand California, it represents a real range in its own right at Volkswagen!

A festival to put the van in the spotlight

For the very first time, the German brand will organize a large gathering dedicated to Van Life. This event will be held from October 2 to 3, 2021 in Lacanau in Gironde. Called ” California Festival “, this gathering will be placed under the sign of escape, freedom, conviviality and celebration.

Participants will find themselves cut off from the world, in the heart of a Landes pine forest, in a place truly designed for escape ! On the program, fun workshops designed for both children and adults will be offered. Without counting on many nautical activities.

Obviously, the California is also in the spotlight. The election of the most beautiful vans will also be organized among festival participants. In total, nearly 300 vans are expected at this exclusive event!

So if you have a Volkswagen Combi or California vehicle, don’t wait any longer and go for the Van Life !

 

Bugatti: a new sports car on the way!

Bugatti a new sports car on the way

Bugatti announces the presentation of a new hypersportive for June 8. In all likelihood, this is a new Chiron …

Surprise from Bugatti: a new model is about to emerge! The Alsatian manufacturer has just announced the presentation, in world premiere, of a new hypersport for June 8 !

Bugatti promises “unique performance in the world”

“Its silhouette does not deceive: the new hypersportive from Molsheim is indeed a Bugatti. Its unique visuals that shape it give it features that are both modern and steeped in a rich heritage, all promising performance unlike any other in the world. », Announces the brand in a brief press release.

A new Chiron?

What is it about ? Difficult to say at the moment. However, it could be a question here of a new variant of the Chiron , a limited edition or even a one-off designed on the basis of the supercar.

A teaser photo of the mysterious model, published on the brand’s Twitter account , indeed reveals in the twilight the atypical light signature of the Chiron.

Unfortunately, Bugatti does not reveal more and simply gives us an appointment on Tuesday June 8 at 10 am for the online presentation of this new car. Stay tuned!

 

Honda Sports EV Concept: soon to be a production electric sports car?

Honda Sports EV Concept soon to be a production electric sports car

To make the development of the Honda e platform profitable, the manufacturer would prepare a production version of the Sports EV concept.

What if Honda prepared a small electric sports car? This is advanced by the Japanese media Car Sensor, according to which Honda was working on a production version of the Sports EV Concept , presented in 2017. With its retro lines that inspired the city car Honda e , the small electric coupe would take over the platform of the latter. With compact dimensions, it would be a sort of rival to the Mazda MX-5 or Toyota GR 86 , but in electric. On the Honda e, the engines range from 136 hp to 153 hp: sufficient for a small sports coupe , as long as the weight is under control.

As a replacement for the Honda S660

Also according to Car Sensor, Honda plans to end production of the S660 , a pocket sports car to which we are not entitled in Europe. The latter is a Kei Car , that is to say that it meets Japanese compactness criteria, with a 660 cm3 engine for 64 hp . The Sports EV would take the place of the S660. Compact, will accommodate only two occupants. According to our colleagues, the first prototypes are already in circulation, with production scheduled for 2022.

Why this little sportswoman? To streamline the expensive development of the Honda e. The premium city car remains for the moment the only one to use the platform specially created for the occasion. And since the latter is a rear-wheel drive , it could be perfect for a pocket sports car.

But, if this future electric coupe were to be marketed in Europe, be careful not to copy the two faults of the Honda e : the autonomy at half mast (we measured it at 152 km on average), and the high price ( almost € 39,000 in Advance finish).