Good morning and welcome to our daily digest of automotive news from around the globe, starting with…
In the Australian capital Canberra, dealers won’t be able to sell internal combustion vehicles after 2035. New cars, motorcycles, and small trucks will all be subject to the ICE restriction. The exemption from stamp duty (a vehicle tax) for new electric vehicles also will be extended to used EVs beginning August 1.
The M4-based BMW 3.0 CSL Hommage was caught in action at the Nürburgring by our spies. It was camouflaged in pictures of historic BMW models as a homage to the 50th anniversary of the BMW M. It differs from the M4 with broader fenders and kidney grilles, muscular bumpers, and lowered suspension.
The Apollo RT6 is the latest robotaxi launched by Chinese search engine giant Baidu. It is 187 inches long, has a level floor, and a steering wheel that can be removed to provide room for passengers or a desk. According to Baidu, it features 38 sensors that aid in achieving accuracy in driving and will drive as well as a human with 20 years of experience behind the wheel.
R.J. Scaringe, CEO of Rivian, disclosed plans for a range of commercial vehicles despite production delays. The chassis that supports the EDV-700, for which Amazon has made a sizable purchase, will have a wide range of additional uses. The strategy also includes commercial cars that are smaller than the EDV-700 and will target smaller markets. Rivian also estimates producing one million electrified vehicles per year by 2030.
November 21 will be the third anniversary of Cybertruck’s reveal, which is likely why a question about the actual launch date of arguably their most hyped model was upvoted 7,500 times by shareholders. Musk responded that Tesla hopes to deliver them in the middle of 2023. Even so, it will the Cybertruck will have been beaten by the Ford F-150 Lightning, Rivian R1T, GMC Hummer EV, Chevrolet Silverado EV, and GMC Hummer EV, that is if first deliveries take place at that date.
NASCEU DE NOVO pic.twitter.com/aPxmeE3rgS
— Penha News RJ 2.0 (@PenhaNewsRJ) July 18, 2022
Once again, a helmet saves a life. When a biker attempted to avoid a bus that was making a turn and fell from his bike in the process, he was trapped beneath the rolling rear wheel of the bus. The man managed to survive thanks to the helmet, despite being dragged on the road for a short distance until the bus came to a stop.
What Else Is Making The News
One Medical Will Be Purchased By Amazon For $3.9 Billion As It Extends Its Healthcare Reach
Amazon (AMZN) announced on Thursday that it has reached an agreement to buy primary healthcare provider One Medical for an estimated $3.9 billion in cash. One Medical is a primary care service with a subscription model that works with over 8,000 businesses. Amazon would have access to physical health clinics and “payer and hospital system relationships” thanks to the One Medical agreement.
As Snap Shares Drop By 25% In The Company’s Dismal Second-Quarter, They Plan To Restrict Hiring.
Snap shares slump 25% amid slowdown in ad revenue for tech firms https://t.co/1JIHv6OjlJ
— Guardian news (@guardiannews) July 22, 2022
In extended trading on Thursday, Snap shares fell more than 25% after the social media company reported poor second-quarter results and announced preparations to reduce recruiting as a result of slowing revenue growth. Businesses have reduced their expenditure on Snap due to the difficult economic climate, Apple’s 2021 iOS update, and rising competition from firms like TikTok.