Worldwide Magnesium Shortage Could Shut Down The Entire Auto Industry

[Auto Styling News]

Experts say the car shortage currently plaguing the United States and other countries could get much worse due to a magnesium shortage in China and across the globe.

An energy crisis in China, which involves the country shutting down factories to conserve power, has created a shortage of magnesium production from the country that supplies 85% of the world’s supply that is used to make many essential car parts, according to Jalopnik.

Magnesium is used in many aluminum alloys used to manufacture body panels, fuel tanks, brackets, brakes, axles, and other components of automobiles.
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Auto Styling News is a blog that covers car concepts, newly released models, and the auto industry.

Canadian EV Company Unveils 3,-Wheeler With 180-Mile Range

[Auto Styling News]

Toronto-based Daymak has launched an initial prototype of the Daymak Spiritus. The three-wheeled electric vehicle is one of the first models in the company’s premium Avvenire EV line, reports Electrek

The Avvenire line includes a wide range of EVs, from smaller electric bicycles to this three-wheeled EV and even a flying vehicle. It’s a huge leap forward for a company mostly associated with a vast selection of electric bicycles and scooters.

The Daymak Spiritus prototype the company unveiled is a light electric vehicle with a car-like look, at least from the front.

From any other angle, the three-wheeler - and two-seater - looks rather unique. Its single rear wheel gives it a tadpole tricycle design and creates an aerodynamic shape that plays a role in the Spritus’ 180-mile range rating. 

The three-wheel design also qualifies the vehicle, which will be priced just under $20,000 - as a motorcycle in nearly every jurisdiction, meaning it doesn’t have to conform to the same rigorous standards as passenger cars.

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Auto Styling News is a blog that covers car concepts, newly released models, and the auto industry.

In Third Quarter, Tesla Delivers A Record Number Of EVs

[Auto Styling News]

Tesla says it has delivered a record number of electric cars in the third quarter, beating Wall Street estimates after CEO Elon Musk asked staff to "go super hardcore" to make a quarter-end delivery push.

Tesla has weathered the microchip shortage crisis better than rivals, with its overall deliveries surging 20% in the July to September period from its previous record in the second quarter, marking the sixth consecutive quarter-on-quarter gains.

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Auto Styling News is a blog that covers car concepts, newly released models, and the auto industry.

Lucid Group Plans October Delivery Of Its First EV

[Auto Styling News]

Electric startup Lucid Group Inc. said Tuesday that it will start delivering luxury electric sedans with a Tesla-beating driving range in late October, posing a major new challenge to the market leader.

The company noted it has received more than 13,000 advance reservations for its Lucid Air model.

The California-based Lucid began production of the long-delayed Lucid Air vehicles at its Arizona factory this week, and said it plans to ramp plant's capacity up to 90,000 vehicles annually in the next two years - an ambitious goal, for sure.

The first Lucid Air will come at a hefty price tag, but many will believe the 1,000 hp performance, which takes it from zero to 60 mph in 2.5 seconds, earns every penny.

A high-end model, the Lucid Air Dream Edition, priced at $169,000, received an official U.S. government rating of a 520-mile driving range. That's 100 miles more than its closest rival, Tesla's Model S, which is priced at $89,990.  And the company says it will take a mere 20 minutes to charge a vehicle so that it will go 300 miles.

Lucid says cheaper models will follow, including the Lucid Pure, which will go for a mere $77,000.

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Auto Styling News is a blog that covers car concepts, newly released models, and the auto industry.